Gross Fixed Capital Formation Deflator — Value Standard Local in North Macedonia
North Macedonia: Gross Fixed Capital Formation Deflator — Value Standard Local was 145.4 SLC in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value Standard Local in North Macedonia, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
North Macedonia recorded 145.4 SLC for gross fixed capital formation deflator — value standard local in 2024. That is the highest value across all 35 years on record.
That represents a change of up 5.1% on the previous year and up 41.9% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in North Macedonia peaked at 145.4 SLC in 2024 and was at its lowest, 0.1393 SLC, in 1990.
North Macedonia ranks 67th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Gross Fixed Capital Formation Deflator — Value Standard Local in North Macedonia, year by year
| Year | SLC | Change |
|---|---|---|
| 1990 | 0.1393 SLC | — |
| 1991 | 0.2698 SLC | +93.7% |
| 1992 | 4.28 SLC | +1485.5% |
| 1993 | 22.22 SLC | +419.3% |
| 1994 | 49.66 SLC | +123.5% |
| 1995 | 56.23 SLC | +13.2% |
| 1996 | 57.74 SLC | +2.7% |
| 1997 | 63.45 SLC | +9.9% |
| 1998 | 68.66 SLC | +8.2% |
| 1999 | 71.16 SLC | +3.6% |
| 2000 | 80.29 SLC | +12.8% |
| 2001 | 80.46 SLC | +0.2% |
| 2002 | 79.88 SLC | -0.7% |
| 2003 | 81.91 SLC | +2.5% |
| 2004 | 83.81 SLC | +2.3% |
| 2005 | 92.26 SLC | +10.1% |
| 2006 | 98.83 SLC | +7.1% |
| 2007 | 105.64 SLC | +6.9% |
| 2008 | 113.34 SLC | +7.3% |
| 2009 | 105.17 SLC | -7.2% |
| 2010 | 108.57 SLC | +3.2% |
| 2011 | 103.83 SLC | -4.4% |
| 2012 | 97.34 SLC | -6.3% |
| 2013 | 102.63 SLC | +5.4% |
| 2014 | 102.46 SLC | -0.2% |
| 2015 | 100 SLC | -2.4% |
| 2016 | 99.03 SLC | -1.0% |
| 2017 | 83.57 SLC | -15.6% |
| 2018 | 102.45 SLC | +22.6% |
| 2019 | 103.75 SLC | +1.3% |
| 2020 | 102.5 SLC | -1.2% |
| 2021 | 116.92 SLC | +14.1% |
| 2022 | 129.19 SLC | +10.5% |
| 2023 | 138.41 SLC | +7.1% |
| 2024 | 145.4 SLC | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 39.38 SLC | 0.1393 SLC | 71.16 SLC | 10 |
| 2000s | 92.16 SLC | 79.88 SLC | 113.34 SLC | 10 |
| 2010s | 100.36 SLC | 83.57 SLC | 108.57 SLC | 10 |
| 2020s | 126.48 SLC | 102.5 SLC | 145.4 SLC | 5 |
Countries ranked near North Macedonia
More economy & growth data for North Macedonia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 6.68 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.536 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 5,623 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -19.44 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -14.77 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 6.39 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 3.27 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 34,264 current LCU per person (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in North Macedonia?
- Gross fixed capital formation deflator — value standard local in North Macedonia was 145.4 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 North Macedonia?
- The highest recorded value was 145.4 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in North Macedonia?
- The lowest recorded value was 0.1393 SLC in 1990.
- How does North Macedonia rank for gross fixed capital formation deflator — value standard local?
- North Macedonia ranks 67th out of 194 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in North Macedonia?
- Over the last ten years it is up 41.9%. The long-run trend across the full record is rising.
- Where does this North Macedonia 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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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).