Gross Fixed Capital Formation Deflator — Value Standard Local in Japan

Japan: Gross Fixed Capital Formation Deflator — Value Standard Local was 112.26 SLC in 2024. ▲ Rising

Latest (2024)
112.26 SLC
Change on year
down 0.4%
World rank
169th
of 194 countries
All-time high
112.66 SLC
in 2023
All-time low
48.27 SLC
in 1970
Years of data
55
1970–2024

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

0255075100125197019972024

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

Analysis

In 2024, gross fixed capital formation deflator — value standard local in Japan stood at 112.26 SLC.

That represents a change of down 0.4% on the previous year and up 13.3% over ten years.

Over the whole period, gross fixed capital formation deflator — value standard local in Japan peaked at 112.66 SLC in 2023 and was at its lowest, 48.27 SLC, in 1970.

That places Japan 169th out of 194 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 55 years of available data.

Gross Fixed Capital Formation Deflator — Value Standard Local in Japan, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices in Japan, 1970 to 2024.
Year SLC Change
1970 48.27 SLC
1971 48.92 SLC +1.3%
1972 50.69 SLC +3.6%
1973 59 SLC +16.4%
1974 73.55 SLC +24.7%
1975 76.34 SLC +3.8%
1976 80.06 SLC +4.9%
1977 83.89 SLC +4.8%
1978 86.29 SLC +2.9%
1979 92.01 SLC +6.6%
1980 99.8 SLC +8.5%
1981 100.64 SLC +0.8%
1982 102.08 SLC +1.4%
1983 104.04 SLC +1.9%
1984 104.52 SLC +0.5%
1985 102.08 SLC -2.3%
1986 101.74 SLC -0.3%
1987 102.71 SLC +1.0%
1988 102.83 SLC +0.1%
1989 103.18 SLC +0.3%
1990 105.51 SLC +2.3%
1991 108.29 SLC +2.6%
1992 108.93 SLC +0.6%
1993 106.18 SLC -2.5%
1994 110.88 SLC +4.4%
1995 109.63 SLC -1.1%
1996 108.73 SLC -0.8%
1997 108.97 SLC +0.2%
1998 107.58 SLC -1.3%
1999 105.66 SLC -1.8%
2000 104.94 SLC -0.7%
2001 102.82 SLC -2.0%
2002 100.93 SLC -1.8%
2003 99.36 SLC -1.6%
2004 98.58 SLC -0.8%
2005 98.5 SLC -0.1%
2006 99.14 SLC +0.7%
2007 99.6 SLC +0.5%
2008 100.91 SLC +1.3%
2009 98.22 SLC -2.7%
2010 97.33 SLC -0.9%
2011 96.72 SLC -0.6%
2012 96.4 SLC -0.3%
2013 97.21 SLC +0.8%
2014 99.07 SLC +1.9%
2015 100 SLC +0.9%
2016 99.17 SLC -0.8%
2017 100.15 SLC +1.0%
2018 101.24 SLC +1.1%
2019 102.04 SLC +0.8%
2020 102.18 SLC +0.1%
2021 104.58 SLC +2.4%
2022 109.55 SLC +4.7%
2023 112.66 SLC +2.8%
2024 112.26 SLC -0.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 69.9 SLC 48.27 SLC 92.01 SLC 10
1980s 102.36 SLC 99.8 SLC 104.52 SLC 10
1990s 108.04 SLC 105.51 SLC 110.88 SLC 10
2000s 100.3 SLC 98.22 SLC 104.94 SLC 10
2010s 98.93 SLC 96.4 SLC 102.04 SLC 10
2020s 108.25 SLC 102.18 SLC 112.66 SLC 5

Countries ranked near Japan

  1. 166 Jordan 112.71 SLC compare
  2. 167 Malaysia 112.67 SLC compare
  3. 168 Afghanistan 112.27 SLC compare
  4. 170 Fiji 112.25 SLC compare
  5. 171 Albania 112 SLC compare
  6. 172 Greece 111.09 SLC compare

See the full ranking of 209 places →

More economy & growth data for Japan

All data for Japan →

Frequently asked questions

What is gross fixed capital formation deflator — value standard local in Japan?
Gross fixed capital formation deflator — value standard local in Japan was 112.26 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 Japan?
The highest recorded value was 112.66 SLC in 2023.
What is the lowest gross fixed capital formation deflator — value standard local recorded in Japan?
The lowest recorded value was 48.27 SLC in 1970.
How does Japan rank for gross fixed capital formation deflator — value standard local?
Japan ranks 169th out of 194 countries with data for 2024.
Is gross fixed capital formation deflator — value standard local rising or falling in Japan?
Over the last ten years it is up 13.3%. The long-run trend across the full record is rising.
Where does this Japan 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 Japan. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 31 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices/japan/

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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).