Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in China, mainland
China, mainland: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 108.11 USD in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in China, mainland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gross fixed capital formation deflator — value us$, 2015 prices in China, mainland stood at 108.11 USD.
Compared with earlier readings it is up 1.8% on the previous year and up 2.7% over ten years.
Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in China, mainland peaked at 116.85 USD in 2021 and was at its lowest, 37.72 USD, in 1970.
That places China, mainland 135th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in China, mainland, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 37.72 USD | — |
| 1971 | 38.29 USD | +1.5% |
| 1972 | 42.42 USD | +10.8% |
| 1973 | 47.78 USD | +12.6% |
| 1974 | 48.38 USD | +1.3% |
| 1975 | 51.57 USD | +6.6% |
| 1976 | 49.75 USD | -3.5% |
| 1977 | 52.76 USD | +6.0% |
| 1978 | 58.65 USD | +11.2% |
| 1979 | 65.84 USD | +12.2% |
| 1980 | 67.89 USD | +3.1% |
| 1981 | 62.08 USD | -8.6% |
| 1982 | 57.04 USD | -8.1% |
| 1983 | 55.67 USD | -2.4% |
| 1984 | 52.59 USD | -5.5% |
| 1985 | 45.66 USD | -13.2% |
| 1986 | 41.48 USD | -9.1% |
| 1987 | 41.45 USD | -0.1% |
| 1988 | 46.49 USD | +12.2% |
| 1989 | 49.5 USD | +6.5% |
| 1990 | 42.44 USD | -14.3% |
| 1991 | 41.67 USD | -1.8% |
| 1992 | 45.39 USD | +8.9% |
| 1993 | 52.37 USD | +15.4% |
| 1994 | 39.63 USD | -24.3% |
| 1995 | 44.15 USD | +11.4% |
| 1996 | 46.22 USD | +4.7% |
| 1997 | 47.04 USD | +1.8% |
| 1998 | 46.53 USD | -1.1% |
| 1999 | 46.32 USD | -0.5% |
| 2000 | 47.93 USD | +3.5% |
| 2001 | 48.53 USD | +1.3% |
| 2002 | 49.35 USD | +1.7% |
| 2003 | 51.29 USD | +3.9% |
| 2004 | 55.17 USD | +7.6% |
| 2005 | 55.62 USD | +0.8% |
| 2006 | 58.45 USD | +5.1% |
| 2007 | 66.33 USD | +13.5% |
| 2008 | 79.74 USD | +20.2% |
| 2009 | 79.88 USD | +0.2% |
| 2010 | 84.87 USD | +6.2% |
| 2011 | 96.63 USD | +13.9% |
| 2012 | 101.02 USD | +4.5% |
| 2013 | 104.28 USD | +3.2% |
| 2014 | 105.26 USD | +0.9% |
| 2015 | 100 USD | -5.0% |
| 2016 | 93.35 USD | -6.6% |
| 2017 | 97.06 USD | +4.0% |
| 2018 | 104.45 USD | +7.6% |
| 2019 | 101.92 USD | -2.4% |
| 2020 | 100.62 USD | -1.3% |
| 2021 | 116.85 USD | +16.1% |
| 2022 | 113.44 USD | -2.9% |
| 2023 | 106.19 USD | -6.4% |
| 2024 | 108.11 USD | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 49.32 USD | 37.72 USD | 65.84 USD | 10 |
| 1980s | 51.98 USD | 41.45 USD | 67.89 USD | 10 |
| 1990s | 45.18 USD | 39.63 USD | 52.37 USD | 10 |
| 2000s | 59.23 USD | 47.93 USD | 79.88 USD | 10 |
| 2010s | 98.88 USD | 84.87 USD | 105.26 USD | 10 |
| 2020s | 109.04 USD | 100.62 USD | 116.85 USD | 5 |
Countries ranked near China, mainland
More economy & growth data for China, mainland
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 40.34 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 4.29 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 56.10 million million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 7.79 million million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 44.89 million million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 7.21 million million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 40.83 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 5.95 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 4.06 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 7.65 % (2024)
Frequently asked questions
- What is gross fixed capital formation deflator — value us$, 2015 prices in China, mainland?
- Gross fixed capital formation deflator — value us$, 2015 prices in China, mainland was 108.11 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in China, mainland?
- The highest recorded value was 116.85 USD in 2021.
- What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in China, mainland?
- The lowest recorded value was 37.72 USD in 1970.
- How does China, mainland rank for gross fixed capital formation deflator — value us$, 2015 prices?
- China, mainland ranks 135th out of 203 countries with data for 2024.
- Is gross fixed capital formation deflator — value us$, 2015 prices rising or falling in China, mainland?
- Over the last ten years it is up 2.7%. The long-run trend across the full record is rising.
- Where does this China, mainland 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 US$, 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).