Gross Fixed Capital … Deflator Standard Local Currency in Ecuador
Ecuador: Gross Fixed Capital … Deflator Standard Local Currency was 119.89 SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Ecuador, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Ecuador recorded 119.89 SLC for gross fixed capital formation deflator — value standard local in 2024.
Compared with earlier readings it is down 0.8% on the previous year and up 18.1% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Ecuador peaked at 122 SLC in 2022 and was at its lowest, 5.88 SLC, in 1971.
That places Ecuador 154th out of 208 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 … Deflator Standard Local Currency in Ecuador, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 6.51 SLC | — |
| 1971 | 5.88 SLC | -9.7% |
| 1972 | 7.72 SLC | +31.3% |
| 1973 | 11.86 SLC | +53.5% |
| 1974 | 10.64 SLC | -10.2% |
| 1975 | 11.52 SLC | +8.3% |
| 1976 | 13.42 SLC | +16.4% |
| 1977 | 15.73 SLC | +17.3% |
| 1978 | 17.03 SLC | +8.3% |
| 1979 | 20.35 SLC | +19.5% |
| 1980 | 23.81 SLC | +17.0% |
| 1981 | 28.19 SLC | +18.4% |
| 1982 | 26.23 SLC | -7.0% |
| 1983 | 19.93 SLC | -24.0% |
| 1984 | 20.15 SLC | +1.1% |
| 1985 | 19.84 SLC | -1.5% |
| 1986 | 19.66 SLC | -0.9% |
| 1987 | 20.12 SLC | +2.4% |
| 1988 | 18.81 SLC | -6.5% |
| 1989 | 21.22 SLC | +12.8% |
| 1990 | 21.74 SLC | +2.5% |
| 1991 | 22.07 SLC | +1.5% |
| 1992 | 22.51 SLC | +2.0% |
| 1993 | 24.29 SLC | +7.9% |
| 1994 | 27.49 SLC | +13.2% |
| 1995 | 28.81 SLC | +4.8% |
| 1996 | 28.4 SLC | -1.4% |
| 1997 | 41.78 SLC | +47.1% |
| 1998 | 46.54 SLC | +11.4% |
| 1999 | 36.47 SLC | -21.6% |
| 2000 | 32.11 SLC | -11.9% |
| 2001 | 42.56 SLC | +32.5% |
| 2002 | 45.41 SLC | +6.7% |
| 2003 | 47.63 SLC | +4.9% |
| 2004 | 55.87 SLC | +17.3% |
| 2005 | 59.79 SLC | +7.0% |
| 2006 | 65.69 SLC | +9.9% |
| 2007 | 68.73 SLC | +4.6% |
| 2008 | 77.6 SLC | +12.9% |
| 2009 | 81.09 SLC | +4.5% |
| 2010 | 89.74 SLC | +10.7% |
| 2011 | 94.32 SLC | +5.1% |
| 2012 | 98.98 SLC | +4.9% |
| 2013 | 98.6 SLC | -0.4% |
| 2014 | 101.49 SLC | +2.9% |
| 2015 | 100 SLC | -1.5% |
| 2016 | 109.31 SLC | +9.3% |
| 2017 | 108.03 SLC | -1.2% |
| 2018 | 110.09 SLC | +1.9% |
| 2019 | 111.01 SLC | +0.8% |
| 2020 | 110.16 SLC | -0.8% |
| 2021 | 115.61 SLC | +4.9% |
| 2022 | 122 SLC | +5.5% |
| 2023 | 120.85 SLC | -0.9% |
| 2024 | 119.89 SLC | -0.8% |
Ecuador compared with similar countries
- Ecuador's 119.89 SLC is below the median for upper middle income countries, which is 141.35 SLC, 85% of the median. (51 countries reporting)
- Ecuador's 119.89 SLC is below the median for Latin America & Caribbean, which is 133.8 SLC, 90% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.07 SLC | 5.88 SLC | 20.35 SLC | 10 |
| 1980s | 21.8 SLC | 18.81 SLC | 28.19 SLC | 10 |
| 1990s | 30.01 SLC | 21.74 SLC | 46.54 SLC | 10 |
| 2000s | 57.65 SLC | 32.11 SLC | 81.09 SLC | 10 |
| 2010s | 102.16 SLC | 89.74 SLC | 111.01 SLC | 10 |
| 2020s | 117.7 SLC | 110.16 SLC | 122 SLC | 5 |
Countries ranked near Ecuador
More economy & growth data for Ecuador
- Real gdp growth, annual growth rate 291.67 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.51 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -72.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.2802 units per person (2025)
- SDRs holdings, SDR, annual growth rate -74.12 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2046 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 12.99 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Ecuador?
- Gross fixed capital formation deflator — value standard local in Ecuador was 119.89 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 Ecuador?
- The highest recorded value was 122 SLC in 2022.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Ecuador?
- The lowest recorded value was 5.88 SLC in 1971.
- How does Ecuador rank for gross fixed capital formation deflator — value standard local?
- Ecuador ranks 154th out of 208 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Ecuador?
- Over the last ten years it is up 18.1%. The long-run trend across the full record is volatile.
- Where does this Ecuador 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).