Gross Fixed Capital … Deflator Standard Local Currency in Belgium
Belgium: Gross Fixed Capital … Deflator Standard Local Currency was 129.78 SLC in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value Standard Local in Belgium, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Belgium recorded 129.78 SLC for gross fixed capital formation deflator — value standard local in 2024. That is the highest value across all 55 years on record.
That represents a change of up 1.3% on the previous year and up 30.9% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Belgium peaked at 129.78 SLC in 2024 and was at its lowest, 23.76 SLC, in 1970.
Belgium ranks 114th of 208 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital … Deflator Standard Local Currency in Belgium, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 23.76 SLC | — |
| 1971 | 25.8 SLC | +8.6% |
| 1972 | 27 SLC | +4.6% |
| 1973 | 28.73 SLC | +6.4% |
| 1974 | 33.43 SLC | +16.4% |
| 1975 | 37.26 SLC | +11.4% |
| 1976 | 39.87 SLC | +7.0% |
| 1977 | 42.25 SLC | +6.0% |
| 1978 | 44.15 SLC | +4.5% |
| 1979 | 46.34 SLC | +5.0% |
| 1980 | 45.61 SLC | -1.6% |
| 1981 | 49.19 SLC | +7.8% |
| 1982 | 52.23 SLC | +6.2% |
| 1983 | 53.88 SLC | +3.2% |
| 1984 | 55.86 SLC | +3.7% |
| 1985 | 58.34 SLC | +4.4% |
| 1986 | 58.68 SLC | +0.6% |
| 1987 | 59.57 SLC | +1.5% |
| 1988 | 60.57 SLC | +1.7% |
| 1989 | 63.77 SLC | +5.3% |
| 1990 | 65.42 SLC | +2.6% |
| 1991 | 66.78 SLC | +2.1% |
| 1992 | 68.49 SLC | +2.6% |
| 1993 | 69.81 SLC | +1.9% |
| 1994 | 71.51 SLC | +2.4% |
| 1995 | 73.2 SLC | +2.4% |
| 1996 | 73.96 SLC | +1.0% |
| 1997 | 74.77 SLC | +1.1% |
| 1998 | 75.68 SLC | +1.2% |
| 1999 | 77 SLC | +1.8% |
| 2000 | 78.84 SLC | +2.4% |
| 2001 | 79.56 SLC | +0.9% |
| 2002 | 79.3 SLC | -0.3% |
| 2003 | 80.91 SLC | +2.0% |
| 2004 | 82.01 SLC | +1.4% |
| 2005 | 83.64 SLC | +2.0% |
| 2006 | 86.83 SLC | +3.8% |
| 2007 | 89.21 SLC | +2.7% |
| 2008 | 92.8 SLC | +4.0% |
| 2009 | 92.32 SLC | -0.5% |
| 2010 | 93.93 SLC | +1.7% |
| 2011 | 96.49 SLC | +2.7% |
| 2012 | 98.21 SLC | +1.8% |
| 2013 | 99.19 SLC | +1.0% |
| 2014 | 99.16 SLC | -0.0% |
| 2015 | 100 SLC | +0.8% |
| 2016 | 100.43 SLC | +0.4% |
| 2017 | 102.6 SLC | +2.2% |
| 2018 | 104.4 SLC | +1.8% |
| 2019 | 106.38 SLC | +1.9% |
| 2020 | 107.6 SLC | +1.1% |
| 2021 | 111.99 SLC | +4.1% |
| 2022 | 122.29 SLC | +9.2% |
| 2023 | 128.08 SLC | +4.7% |
| 2024 | 129.78 SLC | +1.3% |
Belgium compared with similar countries
- Belgium's 129.78 SLC is above the median for high income countries, which is 126.84 SLC, 1.0× the median. (68 countries reporting)
- Belgium's 129.78 SLC is below the median for Europe & Central Asia, which is 134.82 SLC, 96% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 34.86 SLC | 23.76 SLC | 46.34 SLC | 10 |
| 1980s | 55.77 SLC | 45.61 SLC | 63.77 SLC | 10 |
| 1990s | 71.66 SLC | 65.42 SLC | 77 SLC | 10 |
| 2000s | 84.54 SLC | 78.84 SLC | 92.8 SLC | 10 |
| 2010s | 100.08 SLC | 93.93 SLC | 106.38 SLC | 10 |
| 2020s | 119.95 SLC | 107.6 SLC | 129.78 SLC | 5 |
Countries ranked near Belgium
More economy & growth data for Belgium
- Real gdp growth, annual growth rate -37.51 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 2.78 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0205 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,248 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.12 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.015 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 911.55 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.2 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Belgium?
- Gross fixed capital formation deflator — value standard local in Belgium was 129.78 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Belgium?
- The highest recorded value was 129.78 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Belgium?
- The lowest recorded value was 23.76 SLC in 1970.
- How does Belgium rank for gross fixed capital formation deflator — value standard local?
- Belgium ranks 114th out of 208 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Belgium?
- Over the last ten years it is up 30.9%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).