Gross Fixed Capital Formation Deflator — Value Standard Local in Georgia
Georgia: Gross Fixed Capital Formation Deflator — Value Standard Local was 166.72 SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Georgia, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2024, gross fixed capital formation deflator — value standard local in Georgia stood at 166.72 SLC.
That represents a change of up 1.5% on the previous year and up 75.8% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Georgia peaked at 171.58 SLC in 2022 and was at its lowest, 0 SLC, in 1990.
Georgia ranks 42nd of 194 countries on this measure, in the top 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 Georgia, year by year
| Year | SLC | Change |
|---|---|---|
| 1990 | 0 SLC | — |
| 1991 | 0.0001 SLC | +62.6% |
| 1992 | 0.0008 SLC | +1201.5% |
| 1993 | 0.2229 SLC | +28113.2% |
| 1994 | 16.29 SLC | +7206.9% |
| 1995 | 34.15 SLC | +109.7% |
| 1996 | 32.14 SLC | -5.9% |
| 1997 | 34.24 SLC | +6.5% |
| 1998 | 36.62 SLC | +6.9% |
| 1999 | 40.18 SLC | +9.7% |
| 2000 | 42.06 SLC | +4.7% |
| 2001 | 44.32 SLC | +5.4% |
| 2002 | 46.94 SLC | +5.9% |
| 2003 | 48.55 SLC | +3.4% |
| 2004 | 52.64 SLC | +8.4% |
| 2005 | 56.82 SLC | +7.9% |
| 2006 | 61.62 SLC | +8.4% |
| 2007 | 67.45 SLC | +9.5% |
| 2008 | 73.93 SLC | +9.6% |
| 2009 | 72.35 SLC | -2.1% |
| 2010 | 78.53 SLC | +8.5% |
| 2011 | 85.91 SLC | +9.4% |
| 2012 | 94.81 SLC | +10.4% |
| 2013 | 94.85 SLC | +0.0% |
| 2014 | 94.82 SLC | -0.0% |
| 2015 | 100 SLC | +5.5% |
| 2016 | 107.81 SLC | +7.8% |
| 2017 | 114.51 SLC | +6.2% |
| 2018 | 121.68 SLC | +6.3% |
| 2019 | 129.26 SLC | +6.2% |
| 2020 | 138.13 SLC | +6.9% |
| 2021 | 165.16 SLC | +19.6% |
| 2022 | 171.58 SLC | +3.9% |
| 2023 | 164.27 SLC | -4.3% |
| 2024 | 166.72 SLC | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.38 SLC | 0 SLC | 40.18 SLC | 10 |
| 2000s | 56.67 SLC | 42.06 SLC | 73.93 SLC | 10 |
| 2010s | 102.22 SLC | 78.53 SLC | 129.26 SLC | 10 |
| 2020s | 161.17 SLC | 138.13 SLC | 171.58 SLC | 5 |
Countries ranked near Georgia
More economy & growth data for Georgia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.32 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Services, value added (current US$), annual growth rate 15.08 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6394 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 6,196 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 15.99 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 1.75 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 16,992 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 10.59 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5049 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Georgia?
- Gross fixed capital formation deflator — value standard local in Georgia was 166.72 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 Georgia?
- The highest recorded value was 171.58 SLC in 2022.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Georgia?
- The lowest recorded value was 0 SLC in 1990.
- How does Georgia rank for gross fixed capital formation deflator — value standard local?
- Georgia ranks 42nd out of 194 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Georgia?
- Over the last ten years it is up 75.8%. The long-run trend across the full record is volatile.
- Where does this Georgia 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).