Gross Fixed Capital Formation Deflator — Value Standard Local in China, Macao SAR

China, Macao SAR: Gross Fixed Capital Formation Deflator — Value Standard Local was 116.03 SLC in 2024. ◆ Volatile

Latest (2024)
116.03 SLC
Change on year
down 1.6%
World rank
157th
of 194 countries
All-time high
118.18 SLC
in 2022
All-time low
6.47 SLC
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation Deflator — Value Standard Local in China, Macao SAR, 1970–2024

0255075100125197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in SLC.

Analysis

China, Macao SAR recorded 116.03 SLC for gross fixed capital formation deflator — value standard local in 2024.

The figure is down 1.6% on the previous year and up 18.0% over ten years.

Over the whole period, gross fixed capital formation deflator — value standard local in China, Macao SAR peaked at 118.18 SLC in 2022 and was at its lowest, 6.47 SLC, in 1970.

China, Macao SAR ranks 157th of 194 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation Deflator — Value Standard Local in China, Macao SAR, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices in China, Macao SAR, 1970 to 2024.
Year SLC Change
1970 6.47 SLC
1971 7.06 SLC +9.1%
1972 7.7 SLC +9.1%
1973 8.41 SLC +9.1%
1974 9.17 SLC +9.1%
1975 10.01 SLC +9.2%
1976 10.92 SLC +9.1%
1977 11.9 SLC +8.9%
1978 13.02 SLC +9.4%
1979 14.2 SLC +9.1%
1980 15.37 SLC +8.2%
1981 17.05 SLC +10.9%
1982 18.45 SLC +8.2%
1983 19.48 SLC +5.6%
1984 23.31 SLC +19.7%
1985 23.26 SLC -0.2%
1986 24.5 SLC +5.3%
1987 29.15 SLC +19.0%
1988 29.86 SLC +2.4%
1989 34.2 SLC +14.5%
1990 35.62 SLC +4.1%
1991 38.27 SLC +7.5%
1992 42.9 SLC +12.1%
1993 47.28 SLC +10.2%
1994 51.89 SLC +9.8%
1995 52.63 SLC +1.4%
1996 49.62 SLC -5.7%
1997 48.87 SLC -1.5%
1998 45.58 SLC -6.7%
1999 41.96 SLC -8.0%
2000 40.79 SLC -2.8%
2001 38.59 SLC -5.4%
2002 39.6 SLC +2.6%
2003 41.35 SLC +4.4%
2004 45.05 SLC +8.9%
2005 51.07 SLC +13.4%
2006 57.77 SLC +13.1%
2007 63.8 SLC +10.4%
2008 70.38 SLC +10.3%
2009 65.86 SLC -6.4%
2010 70.38 SLC +6.9%
2011 77.59 SLC +10.2%
2012 82.68 SLC +6.6%
2013 89.11 SLC +7.8%
2014 98.33 SLC +10.4%
2015 100 SLC +1.7%
2016 100.05 SLC +0.1%
2017 104.96 SLC +4.9%
2018 108.37 SLC +3.3%
2019 108.7 SLC +0.3%
2020 109.16 SLC +0.4%
2021 115.8 SLC +6.1%
2022 118.18 SLC +2.1%
2023 117.95 SLC -0.2%
2024 116.03 SLC -1.6%

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.89 SLC 6.47 SLC 14.2 SLC 10
1980s 23.46 SLC 15.37 SLC 34.2 SLC 10
1990s 45.46 SLC 35.62 SLC 52.63 SLC 10
2000s 51.43 SLC 38.59 SLC 70.38 SLC 10
2010s 94.02 SLC 70.38 SLC 108.7 SLC 10
2020s 115.42 SLC 109.16 SLC 118.18 SLC 5

Countries ranked near China, Macao SAR

  1. 154 Armenia 116.98 SLC compare
  2. 155 Yemen 116.48 SLC compare
  3. 156 San Marino 116.1 SLC compare
  4. 158 Turkmenistan 115.64 SLC compare
  5. 159 Solomon Islands 115.38 SLC compare
  6. 160 Kuwait 114.54 SLC compare

See the full ranking of 209 places →

More economy & growth data for China, Macao SAR

All data for China, Macao SAR →

Frequently asked questions

What is gross fixed capital formation deflator — value standard local in China, Macao SAR?
Gross fixed capital formation deflator — value standard local in China, Macao SAR was 116.03 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 China, Macao SAR?
The highest recorded value was 118.18 SLC in 2022.
What is the lowest gross fixed capital formation deflator — value standard local recorded in China, Macao SAR?
The lowest recorded value was 6.47 SLC in 1970.
How does China, Macao SAR rank for gross fixed capital formation deflator — value standard local?
China, Macao SAR ranks 157th out of 194 countries with data for 2024.
Is gross fixed capital formation deflator — value standard local rising or falling in China, Macao SAR?
Over the last ten years it is up 18.0%. The long-run trend across the full record is volatile.
Where does this China, Macao SAR 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.

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Gross Fixed Capital Formation Deflator — Value Standard Local in China, Macao SAR. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 03 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices/china-macao-sar/

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About this data

Indicator
Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices
Unit
SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
209 places, 10,808 data points, 1970–2024
Last refreshed

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).