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

China, mainland: Gross Fixed Capital Formation Deflator — Value Standard Local was 124.95 SLC in 2024. ◆ Volatile

Latest (2024)
124.95 SLC
Change on year
up 3.4%
World rank
122nd
of 194 countries
All-time high
124.95 SLC
in 2024
All-time low
14.91 SLC
in 1970
Years of data
55
1970–2024

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

255075100125197019972024

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

Analysis

In 2024, gross fixed capital formation deflator — value standard local in China, mainland stood at 124.95 SLC. That is the highest value across all 55 years on record.

The figure is up 3.4% on the previous year and up 20.3% over ten years.

Over the whole period, gross fixed capital formation deflator — value standard local in China, mainland peaked at 124.95 SLC in 2024 and was at its lowest, 14.91 SLC, in 1970.

That places China, mainland 122nd out of 194 countries with data for 2024, putting it in the middle of the range.

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, mainland, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices in China, mainland, 1970 to 2024.
Year SLC Change
1970 14.91 SLC
1971 15.13 SLC +1.5%
1972 15.29 SLC +1.1%
1973 15.26 SLC -0.2%
1974 15.24 SLC -0.2%
1975 15.4 SLC +1.1%
1976 15.51 SLC +0.7%
1977 15.74 SLC +1.5%
1978 15.86 SLC +0.8%
1979 16.44 SLC +3.7%
1980 16.34 SLC -0.6%
1981 16.99 SLC +4.0%
1982 17.33 SLC +2.0%
1983 17.66 SLC +1.9%
1984 19.59 SLC +10.9%
1985 21.53 SLC +9.9%
1986 23 SLC +6.8%
1987 24.77 SLC +7.7%
1988 27.79 SLC +12.2%
1989 29.93 SLC +7.7%
1990 32.6 SLC +8.9%
1991 35.62 SLC +9.3%
1992 40.2 SLC +12.8%
1993 48.45 SLC +20.5%
1994 54.84 SLC +13.2%
1995 59.21 SLC +8.0%
1996 61.71 SLC +4.2%
1997 62.62 SLC +1.5%
1998 61.86 SLC -1.2%
1999 61.57 SLC -0.5%
2000 63.71 SLC +3.5%
2001 64.5 SLC +1.2%
2002 65.59 SLC +1.7%
2003 68.17 SLC +3.9%
2004 73.32 SLC +7.6%
2005 73.19 SLC -0.2%
2006 74.84 SLC +2.3%
2007 81.02 SLC +8.3%
2008 88.98 SLC +9.8%
2009 87.63 SLC -1.5%
2010 92.27 SLC +5.3%
2011 100.26 SLC +8.7%
2012 102.39 SLC +2.1%
2013 103.75 SLC +1.3%
2014 103.84 SLC +0.1%
2015 100 SLC -3.7%
2016 99.6 SLC -0.4%
2017 105.34 SLC +5.8%
2018 110.97 SLC +5.3%
2019 113.07 SLC +1.9%
2020 111.5 SLC -1.4%
2021 121.01 SLC +8.5%
2022 122.73 SLC +1.4%
2023 120.79 SLC -1.6%
2024 124.95 SLC +3.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.48 SLC 14.91 SLC 16.44 SLC 10
1980s 21.49 SLC 16.34 SLC 29.93 SLC 10
1990s 51.87 SLC 32.6 SLC 62.62 SLC 10
2000s 74.1 SLC 63.71 SLC 88.98 SLC 10
2010s 103.15 SLC 92.27 SLC 113.07 SLC 10
2020s 120.2 SLC 111.5 SLC 124.95 SLC 5

Countries ranked near China, mainland

  1. 119 Cameroon 125.76 SLC compare
  2. 120 United Kingdom of Great Britain and Northern Ireland 125.42 SLC compare
  3. 121 Israel 125 SLC compare
  4. 123 Denmark 124.66 SLC compare
  5. 124 Antigua and Barbuda 124.46 SLC compare
  6. 125 Indonesia 124.12 SLC compare

See the full ranking of 209 places →

More economy & growth data for China, mainland

All data for China, mainland →

Frequently asked questions

What is gross fixed capital formation deflator — value standard local in China, mainland?
Gross fixed capital formation deflator — value standard local in China, mainland was 124.95 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, mainland?
The highest recorded value was 124.95 SLC in 2024.
What is the lowest gross fixed capital formation deflator — value standard local recorded in China, mainland?
The lowest recorded value was 14.91 SLC in 1970.
How does China, mainland rank for gross fixed capital formation deflator — value standard local?
China, mainland ranks 122nd out of 194 countries with data for 2024.
Is gross fixed capital formation deflator — value standard local rising or falling in China, mainland?
Over the last ten years it is up 20.3%. The long-run trend across the full record is volatile.
Where does this China, mainland 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, mainland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 04 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices/china-mainland/

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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).