Gross Fixed Capital Formation Deflator — Value Standard Local in Mongolia

Mongolia: Gross Fixed Capital Formation Deflator — Value Standard Local was 193.63 SLC in 2024. ◆ Volatile

Latest (2024)
193.63 SLC
Change on year
up 0.3%
World rank
29th
of 194 countries
All-time high
193.63 SLC
in 2024
All-time low
0.245 SLC
in 1989
Years of data
55
1970–2024

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

050100150200197019972024

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

Analysis

In 2024, gross fixed capital formation deflator — value standard local in Mongolia stood at 193.63 SLC. That is the highest value across all 55 years on record.

That represents a change of up 0.3% on the previous year and up 107.5% over ten years.

Over the whole period, gross fixed capital formation deflator — value standard local in Mongolia peaked at 193.63 SLC in 2024 and was at its lowest, 0.245 SLC, in 1989.

Mongolia ranks 29th 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 Mongolia, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices in Mongolia, 1970 to 2024.
Year SLC Change
1970 0.2732 SLC
1971 0.2733 SLC +0.0%
1972 0.2733 SLC +0.0%
1973 0.2732 SLC -0.0%
1974 0.2733 SLC +0.0%
1975 0.2735 SLC +0.1%
1976 0.273 SLC -0.2%
1977 0.2732 SLC +0.1%
1978 0.2741 SLC +0.3%
1979 0.2717 SLC -0.9%
1980 0.274 SLC +0.8%
1981 0.2977 SLC +8.6%
1982 0.2957 SLC -0.7%
1983 0.2997 SLC +1.3%
1984 0.2846 SLC -5.0%
1985 0.3178 SLC +11.7%
1986 0.2632 SLC -17.2%
1987 0.2928 SLC +11.2%
1988 0.2735 SLC -6.6%
1989 0.245 SLC -10.4%
1990 0.8155 SLC +232.9%
1991 0.2543 SLC -68.8%
1992 0.4322 SLC +69.9%
1993 3.14 SLC +626.2%
1994 4.92 SLC +56.7%
1995 11.93 SLC +142.6%
1996 9.05 SLC -24.1%
1997 9.41 SLC +4.0%
1998 11.88 SLC +26.2%
1999 17.08 SLC +43.8%
2000 13.51 SLC -20.9%
2001 15.9 SLC +17.8%
2002 18.3 SLC +15.1%
2003 23.6 SLC +29.0%
2004 28.75 SLC +21.8%
2005 36 SLC +25.2%
2006 39.66 SLC +10.2%
2007 44.56 SLC +12.4%
2008 55.37 SLC +24.2%
2009 63.25 SLC +14.2%
2010 68.4 SLC +8.1%
2011 78.68 SLC +15.0%
2012 81.13 SLC +3.1%
2013 86.65 SLC +6.8%
2014 93.33 SLC +7.7%
2015 100 SLC +7.1%
2016 99.1 SLC -0.9%
2017 108.33 SLC +9.3%
2018 114.82 SLC +6.0%
2019 121.92 SLC +6.2%
2020 128.87 SLC +5.7%
2021 144.98 SLC +12.5%
2022 175.83 SLC +21.3%
2023 192.98 SLC +9.7%
2024 193.63 SLC +0.3%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.2732 SLC 0.2717 SLC 0.2741 SLC 10
1980s 0.2844 SLC 0.245 SLC 0.3178 SLC 10
1990s 6.89 SLC 0.2543 SLC 17.08 SLC 10
2000s 33.89 SLC 13.51 SLC 63.25 SLC 10
2010s 95.24 SLC 68.4 SLC 121.92 SLC 10
2020s 167.26 SLC 128.87 SLC 193.63 SLC 5

Countries ranked near Mongolia

  1. 26 Rwanda 200.84 SLC compare
  2. 27 Ghana 200.72 SLC compare
  3. 28 Mozambique 194.75 SLC compare
  4. 30 Sri Lanka 188.33 SLC compare
  5. 31 Russian Federation 186 SLC compare
  6. 32 Cuba 184.44 SLC compare

See the full ranking of 209 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is gross fixed capital formation deflator — value standard local in Mongolia?
Gross fixed capital formation deflator — value standard local in Mongolia was 193.63 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 Mongolia?
The highest recorded value was 193.63 SLC in 2024.
What is the lowest gross fixed capital formation deflator — value standard local recorded in Mongolia?
The lowest recorded value was 0.245 SLC in 1989.
How does Mongolia rank for gross fixed capital formation deflator — value standard local?
Mongolia ranks 29th out of 194 countries with data for 2024.
Is gross fixed capital formation deflator — value standard local rising or falling in Mongolia?
Over the last ten years it is up 107.5%. The long-run trend across the full record is volatile.
Where does this Mongolia 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 Mongolia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices/mongolia/

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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).