Gross Fixed Capital Formation Deflator — Value Standard Local in Marshall Islands
Marshall Islands: Gross Fixed Capital Formation Deflator — Value Standard Local was 95.99 SLC in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value Standard Local in Marshall Islands, 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 Marshall Islands is 95.99 SLC, measured in 2024.
Compared with earlier readings it is up 2.3% on the previous year and down 2.1% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Marshall Islands peaked at 115.97 SLC in 2022 and was at its lowest, 20.81 SLC, in 1973.
Marshall Islands ranks 187th of 194 countries on this measure, 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 Marshall Islands, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 20.88 SLC | — |
| 1971 | 22.13 SLC | +6.0% |
| 1972 | 23.95 SLC | +8.2% |
| 1973 | 20.81 SLC | -13.1% |
| 1974 | 23.66 SLC | +13.7% |
| 1975 | 25.94 SLC | +9.6% |
| 1976 | 28.11 SLC | +8.4% |
| 1977 | 30.55 SLC | +8.7% |
| 1978 | 31.79 SLC | +4.0% |
| 1979 | 35.8 SLC | +12.6% |
| 1980 | 40.33 SLC | +12.7% |
| 1981 | 44 SLC | +9.1% |
| 1982 | 47.25 SLC | +7.4% |
| 1983 | 48.91 SLC | +3.5% |
| 1984 | 50.92 SLC | +4.1% |
| 1985 | 52.8 SLC | +3.7% |
| 1986 | 54.09 SLC | +2.5% |
| 1987 | 55.64 SLC | +2.9% |
| 1988 | 57.93 SLC | +4.1% |
| 1989 | 60.69 SLC | +4.8% |
| 1990 | 63.72 SLC | +5.0% |
| 1991 | 66.93 SLC | +5.0% |
| 1992 | 68.95 SLC | +3.0% |
| 1993 | 71.04 SLC | +3.0% |
| 1994 | 72.9 SLC | +2.6% |
| 1995 | 74.95 SLC | +2.8% |
| 1996 | 77.05 SLC | +2.8% |
| 1997 | 77.34 SLC | +0.4% |
| 1998 | 81.43 SLC | +5.3% |
| 1999 | 82.85 SLC | +1.8% |
| 2000 | 80.38 SLC | -3.0% |
| 2001 | 79.21 SLC | -1.5% |
| 2002 | 83.63 SLC | +5.6% |
| 2003 | 84.92 SLC | +1.5% |
| 2004 | 87.23 SLC | +2.7% |
| 2005 | 86.65 SLC | -0.7% |
| 2006 | 86.79 SLC | +0.2% |
| 2007 | 89.13 SLC | +2.7% |
| 2008 | 94.56 SLC | +6.1% |
| 2009 | 95.66 SLC | +1.2% |
| 2010 | 97.09 SLC | +1.5% |
| 2011 | 95.34 SLC | -1.8% |
| 2012 | 97.37 SLC | +2.1% |
| 2013 | 97.36 SLC | -0.0% |
| 2014 | 98.03 SLC | +0.7% |
| 2015 | 100 SLC | +2.0% |
| 2016 | 95.7 SLC | -4.3% |
| 2017 | 93.47 SLC | -2.3% |
| 2018 | 94.03 SLC | +0.6% |
| 2019 | 96.89 SLC | +3.0% |
| 2020 | 94.07 SLC | -2.9% |
| 2021 | 94.74 SLC | +0.7% |
| 2022 | 115.97 SLC | +22.4% |
| 2023 | 93.79 SLC | -19.1% |
| 2024 | 95.99 SLC | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.36 SLC | 20.81 SLC | 35.8 SLC | 10 |
| 1980s | 51.26 SLC | 40.33 SLC | 60.69 SLC | 10 |
| 1990s | 73.72 SLC | 63.72 SLC | 82.85 SLC | 10 |
| 2000s | 86.82 SLC | 79.21 SLC | 95.66 SLC | 10 |
| 2010s | 96.53 SLC | 93.47 SLC | 100 SLC | 10 |
| 2020s | 98.91 SLC | 93.79 SLC | 115.97 SLC | 5 |
Countries ranked near Marshall Islands
- 184 China, Hong Kong SAR 104.99 SLC compare
- 185 Mali 101.76 SLC compare
- 186 French Polynesia 99.21 SLC compare
- 188 British Virgin Islands 95.85 SLC compare
- 189 Montserrat 94.26 SLC compare
- 190 Guyana 93.62 SLC compare
More economy & growth data for Marshall Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- GDP per capita 6,174 constant 2015 US$ (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Gdp worldbank constant usd, annual growth rate 2.28 % change on previous year (2025)
- External balance on goods and services as a percent of GDP -43.8% (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Gdp worldbank constant usd, per unit of GDP 0.7273 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 6,174 units per person (2025)
- Exports of goods and services 36.0% (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Marshall Islands?
- Gross fixed capital formation deflator — value standard local in Marshall Islands was 95.99 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 Marshall Islands?
- The highest recorded value was 115.97 SLC in 2022.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Marshall Islands?
- The lowest recorded value was 20.81 SLC in 1973.
- How does Marshall Islands rank for gross fixed capital formation deflator — value standard local?
- Marshall Islands ranks 187th out of 194 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Marshall Islands?
- Over the last ten years it is down 2.1%. The long-run trend across the full record is rising.
- Where does this Marshall Islands 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).