Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Melanesia
Melanesia: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 108.94 USD in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Melanesia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Melanesia recorded 108.94 USD for gross fixed capital formation deflator — value us$, 2015 prices in 2024.
Compared with earlier readings it is up 0.1% on the previous year and up 5.5% over ten years.
Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in Melanesia peaked at 112.05 USD in 2008 and was at its lowest, 27.05 USD, in 1970.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Melanesia, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 27.05 USD | — |
| 1971 | 28.76 USD | +6.3% |
| 1972 | 29.61 USD | +3.0% |
| 1973 | 31.57 USD | +6.6% |
| 1974 | 36.31 USD | +15.0% |
| 1975 | 40.5 USD | +11.5% |
| 1976 | 44.11 USD | +8.9% |
| 1977 | 49.25 USD | +11.7% |
| 1978 | 53.27 USD | +8.2% |
| 1979 | 63.77 USD | +19.7% |
| 1980 | 74.57 USD | +16.9% |
| 1981 | 81.71 USD | +9.6% |
| 1982 | 82.25 USD | +0.7% |
| 1983 | 79.6 USD | -3.2% |
| 1984 | 76.14 USD | -4.4% |
| 1985 | 69.67 USD | -8.5% |
| 1986 | 75.98 USD | +9.0% |
| 1987 | 83.49 USD | +9.9% |
| 1988 | 90.62 USD | +8.5% |
| 1989 | 91.22 USD | +0.7% |
| 1990 | 86.79 USD | -4.9% |
| 1991 | 95.06 USD | +9.5% |
| 1992 | 98.87 USD | +4.0% |
| 1993 | 99.36 USD | +0.5% |
| 1994 | 104.51 USD | +5.2% |
| 1995 | 104.15 USD | -0.3% |
| 1996 | 87.81 USD | -15.7% |
| 1997 | 87.37 USD | -0.5% |
| 1998 | 70.25 USD | -19.6% |
| 1999 | 67.52 USD | -3.9% |
| 2000 | 65.71 USD | -2.7% |
| 2001 | 59.63 USD | -9.3% |
| 2002 | 60.36 USD | +1.2% |
| 2003 | 72.75 USD | +20.5% |
| 2004 | 81.76 USD | +12.4% |
| 2005 | 86.19 USD | +5.4% |
| 2006 | 91.85 USD | +6.6% |
| 2007 | 106.4 USD | +15.8% |
| 2008 | 112.05 USD | +5.3% |
| 2009 | 101.44 USD | -9.5% |
| 2010 | 101.56 USD | +0.1% |
| 2011 | 109.19 USD | +7.5% |
| 2012 | 110.38 USD | +1.1% |
| 2013 | 106.81 USD | -3.2% |
| 2014 | 103.23 USD | -3.4% |
| 2015 | 100 USD | -3.1% |
| 2016 | 91.15 USD | -8.8% |
| 2017 | 94.35 USD | +3.5% |
| 2018 | 104.29 USD | +10.5% |
| 2019 | 100.23 USD | -3.9% |
| 2020 | 98.03 USD | -2.2% |
| 2021 | 106.52 USD | +8.7% |
| 2022 | 107.37 USD | +0.8% |
| 2023 | 108.79 USD | +1.3% |
| 2024 | 108.94 USD | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 40.42 USD | 27.05 USD | 63.77 USD | 10 |
| 1980s | 80.53 USD | 69.67 USD | 91.22 USD | 10 |
| 1990s | 90.17 USD | 67.52 USD | 104.51 USD | 10 |
| 2000s | 83.81 USD | 59.63 USD | 112.05 USD | 10 |
| 2010s | 102.12 USD | 91.15 USD | 110.38 USD | 10 |
| 2020s | 105.93 USD | 98.03 USD | 108.94 USD | 5 |
Countries ranked near Melanesia
- 4 Maldives 238.46 USD compare
- 4 Türkiye 126.22 USD compare
- 5 Cuba 184.28 USD compare
- 5 Micronesia 122.39 USD compare
- 6 Bulgaria 167.22 USD compare
- 6 Iran (Islamic Republic of) 121.28 USD compare
- 7 Hungary 164.67 USD compare
- 8 Aruba 162.35 USD compare
- 8 Bolivia (Plurinational State of) 107.28 USD compare
- 9 Jamaica 161.28 USD compare
- 9 Timor-Leste 106.57 USD compare
- 10 Kyrgyzstan 158 USD compare
More economy & growth data for Melanesia
- Gross Domestic Product — Value US$ per capita, 2015 prices 3,365 USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 1.98 % change on previous year (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.74 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.32 % (2024)
- Gross Domestic Product — Annual growth US$ 5.12 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 43,564 million USD (2024)
- Gross Domestic Product — Value US$ 51,880 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 1.98 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.11 % (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 2.11 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation deflator — value us$, 2015 prices in Melanesia?
- Gross fixed capital formation deflator — value us$, 2015 prices in Melanesia was 108.94 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in Melanesia?
- The highest recorded value was 112.05 USD in 2008.
- What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in Melanesia?
- The lowest recorded value was 27.05 USD in 1970.
- How does Melanesia rank for gross fixed capital formation deflator — value us$, 2015 prices?
- Melanesia ranks 7th out of 17 countries with data for 2024.
- Is gross fixed capital formation deflator — value us$, 2015 prices rising or falling in Melanesia?
- Over the last ten years it is up 5.5%. The long-run trend across the full record is rising.
- Where does this Melanesia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value US$, 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).