Gross Fixed Capital Formation Deflator — Value Standard Local in Bermuda
Bermuda: Gross Fixed Capital Formation Deflator — Value Standard Local was 117.58 SLC in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value Standard Local in Bermuda, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2024, gross fixed capital formation deflator — value standard local in Bermuda stood at 117.58 SLC. That is the highest value across all 55 years on record.
That represents a change of up 1.7% on the previous year and up 18.2% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Bermuda peaked at 117.58 SLC in 2024 and was at its lowest, 12.04 SLC, in 1970.
Bermuda ranks 153rd of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value Standard Local in Bermuda, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 12.04 SLC | — |
| 1971 | 13.19 SLC | +9.5% |
| 1972 | 14.44 SLC | +9.5% |
| 1973 | 16.29 SLC | +12.8% |
| 1974 | 18.74 SLC | +15.0% |
| 1975 | 19.93 SLC | +6.4% |
| 1976 | 20.48 SLC | +2.8% |
| 1977 | 21.96 SLC | +7.2% |
| 1978 | 23.58 SLC | +7.3% |
| 1979 | 25.37 SLC | +7.6% |
| 1980 | 29.1 SLC | +14.7% |
| 1981 | 31.78 SLC | +9.2% |
| 1982 | 35.17 SLC | +10.7% |
| 1983 | 37.08 SLC | +5.4% |
| 1984 | 39.23 SLC | +5.8% |
| 1985 | 42.15 SLC | +7.4% |
| 1986 | 43.28 SLC | +2.7% |
| 1987 | 45.74 SLC | +5.7% |
| 1988 | 49.13 SLC | +7.4% |
| 1989 | 52.17 SLC | +6.2% |
| 1990 | 55.24 SLC | +5.9% |
| 1991 | 57.81 SLC | +4.7% |
| 1992 | 59.54 SLC | +3.0% |
| 1993 | 60.47 SLC | +1.6% |
| 1994 | 62.1 SLC | +2.7% |
| 1995 | 64.17 SLC | +3.3% |
| 1996 | 62.33 SLC | -2.9% |
| 1997 | 64.39 SLC | +3.3% |
| 1998 | 66.14 SLC | +2.7% |
| 1999 | 67.95 SLC | +2.7% |
| 2000 | 69.06 SLC | +1.6% |
| 2001 | 68.11 SLC | -1.4% |
| 2002 | 73.96 SLC | +8.6% |
| 2003 | 76.05 SLC | +2.8% |
| 2004 | 79.59 SLC | +4.7% |
| 2005 | 84.97 SLC | +6.8% |
| 2006 | 89.57 SLC | +5.4% |
| 2007 | 92.36 SLC | +3.1% |
| 2008 | 95.27 SLC | +3.1% |
| 2009 | 96.19 SLC | +1.0% |
| 2010 | 96.7 SLC | +0.5% |
| 2011 | 97.44 SLC | +0.8% |
| 2012 | 98.14 SLC | +0.7% |
| 2013 | 98.67 SLC | +0.5% |
| 2014 | 99.46 SLC | +0.8% |
| 2015 | 100 SLC | +0.5% |
| 2016 | 100.38 SLC | +0.4% |
| 2017 | 101.07 SLC | +0.7% |
| 2018 | 102.34 SLC | +1.3% |
| 2019 | 103.24 SLC | +0.9% |
| 2020 | 105.22 SLC | +1.9% |
| 2021 | 107.58 SLC | +2.2% |
| 2022 | 114.97 SLC | +6.9% |
| 2023 | 115.64 SLC | +0.6% |
| 2024 | 117.58 SLC | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.6 SLC | 12.04 SLC | 25.37 SLC | 10 |
| 1980s | 40.48 SLC | 29.1 SLC | 52.17 SLC | 10 |
| 1990s | 62.01 SLC | 55.24 SLC | 67.95 SLC | 10 |
| 2000s | 82.51 SLC | 68.11 SLC | 96.19 SLC | 10 |
| 2010s | 99.74 SLC | 96.7 SLC | 103.24 SLC | 10 |
| 2020s | 112.2 SLC | 105.22 SLC | 117.58 SLC | 5 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Gross domestic savings (current LCU), per capita 63,986 current LCU per person (2024)
- Gross domestic savings (current LCU), per unit of GDP 0.4498 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), annual growth rate 10.52 % change on previous year (2024)
- Gross domestic savings (current US$), per capita 63,986 current US$ per person (2024)
- Gross domestic savings (current US$), per unit of GDP 0.4498 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), annual growth rate 10.52 % change on previous year (2024)
- GDP (constant LCU), per capita 109,864 constant LCU per person (2024)
- GDP (constant LCU), per unit of GDP 0.7723 constant LCU per US$ of GDP (2024)
- GDP (constant LCU), annual growth rate 1.89 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 116,514 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Bermuda?
- Gross fixed capital formation deflator — value standard local in Bermuda was 117.58 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 Bermuda?
- The highest recorded value was 117.58 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Bermuda?
- The lowest recorded value was 12.04 SLC in 1970.
- How does Bermuda rank for gross fixed capital formation deflator — value standard local?
- Bermuda ranks 153rd out of 194 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Bermuda?
- Over the last ten years it is up 18.2%. The long-run trend across the full record is rising.
- Where does this Bermuda 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
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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).