Gross Fixed Capital Formation Deflator — Value Standard Local in Greece

Greece: Gross Fixed Capital Formation Deflator — Value Standard Local was 111.09 SLC in 2024. ◆ Volatile

Latest (2024)
111.09 SLC
Change on year
up 1.7%
World rank
172nd
of 194 countries
All-time high
111.09 SLC
in 2024
All-time low
1.39 SLC
in 1970
Years of data
55
1970–2024

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

0255075100197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in SLC.

Analysis

Greece recorded 111.09 SLC for gross fixed capital formation deflator — value standard local in 2024. That is the highest value across all 55 years on record.

That represents a change of up 1.7% on the previous year and up 9.7% over ten years.

Over the whole period, gross fixed capital formation deflator — value standard local in Greece peaked at 111.09 SLC in 2024 and was at its lowest, 1.39 SLC, in 1970.

That places Greece 172nd out of 194 countries with data for 2024, putting it in the bottom 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 Greece, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices in Greece, 1970 to 2024.
Year SLC Change
1970 1.39 SLC
1971 1.44 SLC +3.6%
1972 1.54 SLC +7.1%
1973 1.92 SLC +24.7%
1974 2.55 SLC +32.6%
1975 2.74 SLC +7.3%
1976 3.26 SLC +19.1%
1977 3.87 SLC +18.5%
1978 4.68 SLC +21.0%
1979 5.95 SLC +27.1%
1980 7.35 SLC +23.5%
1981 8.89 SLC +21.0%
1982 10.46 SLC +17.6%
1983 12.57 SLC +20.2%
1984 15.1 SLC +20.1%
1985 18.09 SLC +19.9%
1986 22.46 SLC +24.1%
1987 25.36 SLC +12.9%
1988 29.98 SLC +18.2%
1989 35.16 SLC +17.3%
1990 41.63 SLC +18.4%
1991 48.15 SLC +15.7%
1992 54.45 SLC +13.1%
1993 60.75 SLC +11.6%
1994 65.41 SLC +7.7%
1995 70.55 SLC +7.9%
1996 74.52 SLC +5.6%
1997 77.97 SLC +4.6%
1998 81.74 SLC +4.8%
1999 84.02 SLC +2.8%
2000 86.76 SLC +3.3%
2001 89.46 SLC +3.1%
2002 91.92 SLC +2.8%
2003 93.94 SLC +2.2%
2004 95.33 SLC +1.5%
2005 95.33 SLC -0.0%
2006 99.47 SLC +4.3%
2007 101.56 SLC +2.1%
2008 103.44 SLC +1.9%
2009 102.69 SLC -0.7%
2010 104.14 SLC +1.4%
2011 103.96 SLC -0.2%
2012 103.43 SLC -0.5%
2013 102.67 SLC -0.7%
2014 101.25 SLC -1.4%
2015 100 SLC -1.2%
2016 98.7 SLC -1.3%
2017 98.79 SLC +0.1%
2018 99.34 SLC +0.6%
2019 99.46 SLC +0.1%
2020 99.06 SLC -0.4%
2021 100.66 SLC +1.6%
2022 105.52 SLC +4.8%
2023 109.26 SLC +3.5%
2024 111.09 SLC +1.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.93 SLC 1.39 SLC 5.95 SLC 10
1980s 18.54 SLC 7.35 SLC 35.16 SLC 10
1990s 65.92 SLC 41.63 SLC 84.02 SLC 10
2000s 95.99 SLC 86.76 SLC 103.44 SLC 10
2010s 101.17 SLC 98.7 SLC 104.14 SLC 10
2020s 105.12 SLC 99.06 SLC 111.09 SLC 5

Countries ranked near Greece

  1. 169 Japan 112.26 SLC compare
  2. 170 Fiji 112.25 SLC compare
  3. 171 Albania 112 SLC compare
  4. 173 Liechtenstein 109.54 SLC compare
  5. 174 Thailand 108.66 SLC compare
  6. 175 Sint Maarten (Dutch part) 108.5 SLC compare

See the full ranking of 209 places →

More economy & growth data for Greece

All data for Greece →

Frequently asked questions

What is gross fixed capital formation deflator — value standard local in Greece?
Gross fixed capital formation deflator — value standard local in Greece was 111.09 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 Greece?
The highest recorded value was 111.09 SLC in 2024.
What is the lowest gross fixed capital formation deflator — value standard local recorded in Greece?
The lowest recorded value was 1.39 SLC in 1970.
How does Greece rank for gross fixed capital formation deflator — value standard local?
Greece ranks 172nd out of 194 countries with data for 2024.
Is gross fixed capital formation deflator — value standard local rising or falling in Greece?
Over the last ten years it is up 9.7%. The long-run trend across the full record is volatile.
Where does this Greece 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 Greece. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices/greece/

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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).