Gross Fixed Capital Formation Deflator — Value Standard Local in Ecuador

Ecuador: Gross Fixed Capital Formation Deflator — Value Standard Local was 119.89 SLC in 2024. ◆ Volatile

Latest (2024)
119.89 SLC
Change on year
down 0.8%
World rank
145th
of 194 countries
All-time high
122 SLC
in 2022
All-time low
5.88 SLC
in 1971
Years of data
55
1970–2024

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

0255075100125197019972024

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 145th 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 Ecuador, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices in Ecuador, 1970 to 2024.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 142 Lesotho 120.54 SLC compare
  2. 143 Saint Lucia 120.35 SLC compare
  3. 144 Grenada 120.08 SLC compare
  4. 146 Cyprus 119.64 SLC compare
  5. 147 Saint Vincent and the Grenadines 119.25 SLC compare
  6. 148 Belize 119.15 SLC compare

See the full ranking of 209 places →

More economy & growth data for Ecuador

All data for Ecuador →

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 145th out of 194 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.

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Gross Fixed Capital Formation Deflator — Value Standard Local in Ecuador. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices/ecuador/

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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).