Gross Fixed Capital … Deflator Standard Local Currency in Georgia

Georgia: Gross Fixed Capital … Deflator Standard Local Currency was 166.72 SLC in 2024. ◆ Volatile

Latest (2024)
166.72 SLC
Change on year
up 1.5%
World rank
48th
of 208 countries
All-time high
171.58 SLC
in 2022
All-time low
0 SLC
in 1990
Years of data
35
1990–2024

Gross Fixed Capital Formation Deflator — Value Standard Local in Georgia, 1990–2024

0501001501990200720241990: 0 SLC1991: 0 SLC1992: 0.001 SLC1993: 0.223 SLC1994: 16.3 SLC1995: 34.1 SLC1996: 32.1 SLC1997: 34.2 SLC1998: 36.6 SLC1999: 40.2 SLC2000: 42.1 SLC2001: 44.3 SLC2002: 46.9 SLC2003: 48.5 SLC2004: 52.6 SLC2005: 56.8 SLC2006: 61.6 SLC2007: 67.5 SLC2008: 73.9 SLC2009: 72.3 SLC2010: 78.5 SLC2011: 85.9 SLC2012: 94.8 SLC2013: 94.8 SLC2014: 94.8 SLC2015: 100 SLC2016: 107.8 SLC2017: 114.5 SLC2018: 121.7 SLC2019: 129.3 SLC2020: 138.1 SLC2021: 165.2 SLC2022: 171.6 SLC2023: 164.3 SLC2024: 166.7 SLC

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 48th of 208 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 … Deflator Standard Local Currency in Georgia, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices in Georgia, 1990 to 2024.
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%

Georgia compared with similar countries

  • Georgia's 166.72 SLC is above the median for upper middle income countries, which is 141.35 SLC, 1.2× the median. (51 countries reporting)
  • Georgia's 166.72 SLC is above the median for Europe & Central Asia, which is 134.82 SLC, 1.2× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Gross Fixed Capital … Deflator Standard Local Currency in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1993 +28113.2% 0.0008 SLC 0.2229 SLC
1994 +7206.9% 0.2229 SLC 16.29 SLC
1992 +1201.5% 0.0001 SLC 0.0008 SLC
1995 +109.7% 16.29 SLC 34.15 SLC
1991 +62.6% 0 SLC 0.0001 SLC

Averages by decade

DecadeAverage LowestHighest 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

  1. 45 Bulgaria 171.34 SLC compare
  2. 46 Brazil 170.97 SLC compare
  3. 47 Madagascar 168.32 SLC compare
  4. 49 Botswana 166.21 SLC compare
  5. 50 Colombia 166.06 SLC compare
  6. 51 Guinea 165.41 SLC compare

See the full ranking of 209 places →

More economy & growth data for Georgia

All data for Georgia →

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 48th out of 208 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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Gross Fixed Capital Formation Deflator — Value Standard Local in Georgia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 07 November 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices/georgia/

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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).