Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Northern Europe

Northern Europe: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 110.1 USD in 2024. ▲ Rising

Latest (2024)
110.1 USD
Change on year
up 3.4%
Rank
16th
of 25 groups
All-time high
116.86 USD
in 2008
All-time low
16.54 USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Northern Europe, 1970–2024

255075100125197019972024

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

Analysis

The most recent figure for gross fixed capital formation deflator — value us$, 2015 prices in Northern Europe is 110.1 USD, measured in 2024.

Compared with earlier readings it is up 3.4% on the previous year and down 3.2% over ten years.

Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in Northern Europe peaked at 116.86 USD in 2008 and was at its lowest, 16.54 USD, in 1970.

That places Northern Europe 16th out of 25 groups 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 Northern Europe, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Northern Europe, 1970 to 2024.
Year USD Change
1970 16.54 USD
1971 18.11 USD +9.5%
1972 20.59 USD +13.7%
1973 23.87 USD +15.9%
1974 27.76 USD +16.3%
1975 32.51 USD +17.1%
1976 32.14 USD -1.1%
1977 35.04 USD +9.0%
1978 40.56 USD +15.7%
1979 49.13 USD +21.1%
1980 60.02 USD +22.2%
1981 55.62 USD -7.3%
1982 50.74 USD -8.8%
1983 46.37 USD -8.6%
1984 43.44 USD -6.3%
1985 44.36 USD +2.1%
1986 54.12 USD +22.0%
1987 63.83 USD +17.9%
1988 73.12 USD +14.6%
1989 73.72 USD +0.8%
1990 84.23 USD +14.3%
1991 82.29 USD -2.3%
1992 80.17 USD -2.6%
1993 67.3 USD -16.0%
1994 69.29 USD +3.0%
1995 76.3 USD +10.1%
1996 78.26 USD +2.6%
1997 76.84 USD -1.8%
1998 77.42 USD +0.8%
1999 77.04 USD -0.5%
2000 72.12 USD -6.4%
2001 70.35 USD -2.5%
2002 75.45 USD +7.2%
2003 86.27 USD +14.3%
2004 97.24 USD +12.7%
2005 99.44 USD +2.3%
2006 104.3 USD +4.9%
2007 116.23 USD +11.4%
2008 116.86 USD +0.5%
2009 103.52 USD -11.4%
2010 101.69 USD -1.8%
2011 109.05 USD +7.2%
2012 107.42 USD -1.5%
2013 111.25 USD +3.6%
2014 113.75 USD +2.3%
2015 100 USD -12.1%
2016 94.83 USD -5.2%
2017 95.53 USD +0.7%
2018 101.07 USD +5.8%
2019 99.25 USD -1.8%
2020 99.76 USD +0.5%
2021 109.21 USD +9.5%
2022 100.67 USD -7.8%
2023 106.44 USD +5.7%
2024 110.1 USD +3.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 29.63 USD 16.54 USD 49.13 USD 10
1980s 56.54 USD 43.44 USD 73.72 USD 10
1990s 76.91 USD 67.3 USD 84.23 USD 10
2000s 94.18 USD 70.35 USD 116.86 USD 10
2010s 103.38 USD 94.83 USD 113.75 USD 10
2020s 105.24 USD 99.76 USD 110.1 USD 5

Countries ranked near Northern Europe

  1. 13 Sao Tome and Principe 151.62 USD compare
  2. 14 Tuvalu 151.6 USD compare
  3. 15 Albania 151.5 USD compare
  4. 16 Democratic Republic of the Congo 33.33 USD compare
  5. 16 Turks and Caicos Islands 150.4 USD compare
  6. 17 Ukraine 149.15 USD compare
  7. 18 Equatorial Guinea 148.93 USD compare
  8. 19 Netherlands Antilles (former) 148.4 USD compare

See the full ranking of 245 places →

More economy & growth data for Northern Europe

All data for Northern Europe →

Frequently asked questions

What is gross fixed capital formation deflator — value us$, 2015 prices in Northern Europe?
Gross fixed capital formation deflator — value us$, 2015 prices in Northern Europe was 110.1 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in Northern Europe?
The highest recorded value was 116.86 USD in 2008.
What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in Northern Europe?
The lowest recorded value was 16.54 USD in 1970.
How does Northern Europe rank for gross fixed capital formation deflator — value us$, 2015 prices?
Northern Europe ranks 16th out of 25 groups with data for 2024.
Is gross fixed capital formation deflator — value us$, 2015 prices rising or falling in Northern Europe?
Over the last ten years it is down 3.2%. The long-run trend across the full record is rising.
Where does this Northern Europe 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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Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Northern Europe. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 31 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-us-2015-prices/northern-europe/

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About this data

Indicator
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices
Unit
USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
245 places, 12,527 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).