Gross Fixed Capital Formation Deflator — Value Standard Local in Finland
Finland: Gross Fixed Capital Formation Deflator — Value Standard Local was 126.92 SLC in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value Standard Local in Finland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gross fixed capital formation deflator — value standard local in Finland is 126.92 SLC, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 0.4% on the previous year and up 27.6% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Finland peaked at 126.92 SLC in 2024 and was at its lowest, 10.92 SLC, in 1970.
Finland ranks 114th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value Standard Local in Finland, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 10.92 SLC | — |
| 1971 | 12.12 SLC | +11.0% |
| 1972 | 13.47 SLC | +11.2% |
| 1973 | 15.61 SLC | +15.8% |
| 1974 | 19.77 SLC | +26.7% |
| 1975 | 22.71 SLC | +14.9% |
| 1976 | 24.85 SLC | +9.4% |
| 1977 | 27.55 SLC | +10.8% |
| 1978 | 29.26 SLC | +6.2% |
| 1979 | 31.77 SLC | +8.6% |
| 1980 | 35.9 SLC | +13.0% |
| 1981 | 39.27 SLC | +9.4% |
| 1982 | 42.05 SLC | +7.1% |
| 1983 | 45.69 SLC | +8.7% |
| 1984 | 48.75 SLC | +6.7% |
| 1985 | 51.22 SLC | +5.1% |
| 1986 | 53.04 SLC | +3.6% |
| 1987 | 55.84 SLC | +5.3% |
| 1988 | 59.75 SLC | +7.0% |
| 1989 | 64.93 SLC | +8.7% |
| 1990 | 69.27 SLC | +6.7% |
| 1991 | 69.44 SLC | +0.2% |
| 1992 | 67.47 SLC | -2.8% |
| 1993 | 67.18 SLC | -0.4% |
| 1994 | 68.7 SLC | +2.3% |
| 1995 | 68.73 SLC | +0.1% |
| 1996 | 68.81 SLC | +0.1% |
| 1997 | 70.16 SLC | +2.0% |
| 1998 | 71.65 SLC | +2.1% |
| 1999 | 72.96 SLC | +1.8% |
| 2000 | 75.85 SLC | +4.0% |
| 2001 | 78.38 SLC | +3.3% |
| 2002 | 78.3 SLC | -0.1% |
| 2003 | 78.5 SLC | +0.3% |
| 2004 | 80.16 SLC | +2.1% |
| 2005 | 82.94 SLC | +3.5% |
| 2006 | 85.3 SLC | +2.8% |
| 2007 | 88.92 SLC | +4.2% |
| 2008 | 92.89 SLC | +4.5% |
| 2009 | 92.6 SLC | -0.3% |
| 2010 | 91.08 SLC | -1.6% |
| 2011 | 93.63 SLC | +2.8% |
| 2012 | 97.29 SLC | +3.9% |
| 2013 | 98.85 SLC | +1.6% |
| 2014 | 99.46 SLC | +0.6% |
| 2015 | 100 SLC | +0.5% |
| 2016 | 101.18 SLC | +1.2% |
| 2017 | 103.12 SLC | +1.9% |
| 2018 | 105.84 SLC | +2.6% |
| 2019 | 109.21 SLC | +3.2% |
| 2020 | 110.55 SLC | +1.2% |
| 2021 | 113.22 SLC | +2.4% |
| 2022 | 120.54 SLC | +6.5% |
| 2023 | 126.41 SLC | +4.9% |
| 2024 | 126.92 SLC | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.8 SLC | 10.92 SLC | 31.77 SLC | 10 |
| 1980s | 49.64 SLC | 35.9 SLC | 64.93 SLC | 10 |
| 1990s | 69.44 SLC | 67.18 SLC | 72.96 SLC | 10 |
| 2000s | 83.38 SLC | 75.85 SLC | 92.89 SLC | 10 |
| 2010s | 99.97 SLC | 91.08 SLC | 109.21 SLC | 10 |
| 2020s | 119.53 SLC | 110.55 SLC | 126.92 SLC | 5 |
Countries ranked near Finland
- 111 Cayman Islands 127.16 SLC compare
- 112 El Salvador 127.15 SLC compare
- 113 Bosnia and Herzegovina 126.98 SLC compare
- 115 Spain 126.75 SLC compare
- 116 Comoros 126.5 SLC compare
- 117 Republic of Korea 126.46 SLC compare
More economy & growth data for Finland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.48 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.51 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) 0.8346 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1734 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 9,736 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 0.8346 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.1698 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 9,532 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 5.95 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6209 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Finland?
- Gross fixed capital formation deflator — value standard local in Finland was 126.92 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 Finland?
- The highest recorded value was 126.92 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Finland?
- The lowest recorded value was 10.92 SLC in 1970.
- How does Finland rank for gross fixed capital formation deflator — value standard local?
- Finland ranks 114th out of 194 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Finland?
- Over the last ten years it is up 27.6%. The long-run trend across the full record is rising.
- Where does this Finland 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).