Gross Fixed Capital Formation Deflator — Value Standard Local in Cyprus
Cyprus: Gross Fixed Capital Formation Deflator — Value Standard Local was 119.64 SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Cyprus, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Cyprus recorded 119.64 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 2.4% on the previous year and up 24.2% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Cyprus peaked at 119.64 SLC in 2024 and was at its lowest, 8.34 SLC, in 1970.
Cyprus ranks 146th 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 Cyprus, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 8.34 SLC | — |
| 1971 | 9.04 SLC | +8.5% |
| 1972 | 9.95 SLC | +10.1% |
| 1973 | 14.19 SLC | +42.5% |
| 1974 | 17.04 SLC | +20.1% |
| 1975 | 17.22 SLC | +1.1% |
| 1976 | 18.86 SLC | +9.5% |
| 1977 | 20.34 SLC | +7.9% |
| 1978 | 22.92 SLC | +12.7% |
| 1979 | 25.38 SLC | +10.7% |
| 1980 | 28.57 SLC | +12.6% |
| 1981 | 32.41 SLC | +13.4% |
| 1982 | 34.49 SLC | +6.4% |
| 1983 | 36.57 SLC | +6.0% |
| 1984 | 39.27 SLC | +7.4% |
| 1985 | 41.58 SLC | +5.9% |
| 1986 | 42.64 SLC | +2.5% |
| 1987 | 44.21 SLC | +3.7% |
| 1988 | 46.94 SLC | +6.2% |
| 1989 | 49.51 SLC | +5.5% |
| 1990 | 51.54 SLC | +4.1% |
| 1991 | 53.75 SLC | +4.3% |
| 1992 | 56 SLC | +4.2% |
| 1993 | 59.5 SLC | +6.3% |
| 1994 | 63.26 SLC | +6.3% |
| 1995 | 64.59 SLC | +2.1% |
| 1996 | 66.92 SLC | +3.6% |
| 1997 | 70.21 SLC | +4.9% |
| 1998 | 72.22 SLC | +2.9% |
| 1999 | 73.63 SLC | +2.0% |
| 2000 | 76.8 SLC | +4.3% |
| 2001 | 78.05 SLC | +1.6% |
| 2002 | 80.12 SLC | +2.6% |
| 2003 | 80.95 SLC | +1.0% |
| 2004 | 84.13 SLC | +3.9% |
| 2005 | 88.87 SLC | +5.6% |
| 2006 | 92.56 SLC | +4.1% |
| 2007 | 94.97 SLC | +2.6% |
| 2008 | 100.75 SLC | +6.1% |
| 2009 | 98.69 SLC | -2.0% |
| 2010 | 99.75 SLC | +1.1% |
| 2011 | 97.9 SLC | -1.9% |
| 2012 | 97.67 SLC | -0.2% |
| 2013 | 97.12 SLC | -0.6% |
| 2014 | 96.36 SLC | -0.8% |
| 2015 | 100 SLC | +3.8% |
| 2016 | 96.31 SLC | -3.7% |
| 2017 | 97.12 SLC | +0.8% |
| 2018 | 99.12 SLC | +2.1% |
| 2019 | 100.05 SLC | +0.9% |
| 2020 | 100.74 SLC | +0.7% |
| 2021 | 104.86 SLC | +4.1% |
| 2022 | 114.3 SLC | +9.0% |
| 2023 | 116.88 SLC | +2.3% |
| 2024 | 119.64 SLC | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.33 SLC | 8.34 SLC | 25.38 SLC | 10 |
| 1980s | 39.62 SLC | 28.57 SLC | 49.51 SLC | 10 |
| 1990s | 63.16 SLC | 51.54 SLC | 73.63 SLC | 10 |
| 2000s | 87.59 SLC | 76.8 SLC | 100.75 SLC | 10 |
| 2010s | 98.14 SLC | 96.31 SLC | 100.05 SLC | 10 |
| 2020s | 111.28 SLC | 100.74 SLC | 119.64 SLC | 5 |
Countries ranked near Cyprus
More economy & growth data for Cyprus
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.45 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.33 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7886 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 23,717 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.77 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7048 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 21,196 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.77 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.6531 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Cyprus?
- Gross fixed capital formation deflator — value standard local in Cyprus was 119.64 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 Cyprus?
- The highest recorded value was 119.64 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Cyprus?
- The lowest recorded value was 8.34 SLC in 1970.
- How does Cyprus rank for gross fixed capital formation deflator — value standard local?
- Cyprus ranks 146th out of 194 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Cyprus?
- Over the last ten years it is up 24.2%. The long-run trend across the full record is volatile.
- Where does this Cyprus 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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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).