Gross Fixed Capital … Deflator Standard Local Currency in South Africa
South Africa: Gross Fixed Capital … Deflator Standard Local Currency was 159.81 SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in South Africa, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2024, gross fixed capital formation deflator — value standard local in South Africa stood at 159.81 SLC. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 5.4% on the previous year and up 65.9% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in South Africa peaked at 159.81 SLC in 2024 and was at its lowest, 1.58 SLC, in 1970.
That places South Africa 55th out of 208 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital … Deflator Standard Local Currency in South Africa, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 1.58 SLC | — |
| 1971 | 1.66 SLC | +5.3% |
| 1972 | 1.82 SLC | +9.4% |
| 1973 | 2.02 SLC | +11.1% |
| 1974 | 2.31 SLC | +14.4% |
| 1975 | 2.79 SLC | +20.3% |
| 1976 | 3.26 SLC | +17.1% |
| 1977 | 3.58 SLC | +9.7% |
| 1978 | 3.98 SLC | +11.3% |
| 1979 | 4.55 SLC | +14.2% |
| 1980 | 5.19 SLC | +14.1% |
| 1981 | 5.85 SLC | +12.7% |
| 1982 | 6.79 SLC | +16.2% |
| 1983 | 7.63 SLC | +12.4% |
| 1984 | 8.36 SLC | +9.5% |
| 1985 | 9.87 SLC | +18.0% |
| 1986 | 12.22 SLC | +23.9% |
| 1987 | 13.68 SLC | +11.9% |
| 1988 | 15.87 SLC | +16.0% |
| 1989 | 18.62 SLC | +17.3% |
| 1990 | 20.8 SLC | +11.7% |
| 1991 | 23.05 SLC | +10.8% |
| 1992 | 24.89 SLC | +8.0% |
| 1993 | 26.89 SLC | +8.1% |
| 1994 | 28.62 SLC | +6.4% |
| 1995 | 30.95 SLC | +8.2% |
| 1996 | 32.2 SLC | +4.0% |
| 1997 | 34.52 SLC | +7.2% |
| 1998 | 36.6 SLC | +6.0% |
| 1999 | 38.96 SLC | +6.5% |
| 2000 | 41.36 SLC | +6.2% |
| 2001 | 44.45 SLC | +7.5% |
| 2002 | 48.95 SLC | +10.1% |
| 2003 | 50.83 SLC | +3.8% |
| 2004 | 51.66 SLC | +1.6% |
| 2005 | 54.17 SLC | +4.9% |
| 2006 | 59.18 SLC | +9.2% |
| 2007 | 64.98 SLC | +9.8% |
| 2008 | 72.84 SLC | +12.1% |
| 2009 | 75.3 SLC | +3.4% |
| 2010 | 77.22 SLC | +2.5% |
| 2011 | 79.8 SLC | +3.3% |
| 2012 | 84.66 SLC | +6.1% |
| 2013 | 90.29 SLC | +6.7% |
| 2014 | 96.31 SLC | +6.7% |
| 2015 | 100 SLC | +3.8% |
| 2016 | 106.33 SLC | +6.3% |
| 2017 | 108.87 SLC | +2.4% |
| 2018 | 113.02 SLC | +3.8% |
| 2019 | 117.21 SLC | +3.7% |
| 2020 | 121.3 SLC | +3.5% |
| 2021 | 128.32 SLC | +5.8% |
| 2022 | 140.91 SLC | +9.8% |
| 2023 | 151.57 SLC | +7.6% |
| 2024 | 159.81 SLC | +5.4% |
South Africa compared with similar countries
- South Africa's 159.81 SLC is above the median for upper middle income countries, which is 141.35 SLC, 1.1× the median. (51 countries reporting)
- South Africa's 159.81 SLC is above the median for Sub-Saharan Africa, which is 148.12 SLC, 1.1× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.76 SLC | 1.58 SLC | 4.55 SLC | 10 |
| 1980s | 10.41 SLC | 5.19 SLC | 18.62 SLC | 10 |
| 1990s | 29.75 SLC | 20.8 SLC | 38.96 SLC | 10 |
| 2000s | 56.37 SLC | 41.36 SLC | 75.3 SLC | 10 |
| 2010s | 97.37 SLC | 77.22 SLC | 117.21 SLC | 10 |
| 2020s | 140.38 SLC | 121.3 SLC | 159.81 SLC | 5 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Real gdp growth, annual growth rate 108.41 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 6.87 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0145 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 95.75 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.77 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0106 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 69.91 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -28.9 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in South Africa?
- Gross fixed capital formation deflator — value standard local in South Africa was 159.81 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 South Africa?
- The highest recorded value was 159.81 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in South Africa?
- The lowest recorded value was 1.58 SLC in 1970.
- How does South Africa rank for gross fixed capital formation deflator — value standard local?
- South Africa ranks 55th out of 208 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in South Africa?
- Over the last ten years it is up 65.9%. The long-run trend across the full record is volatile.
- Where does this South Africa 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
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).