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
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Northern Europe, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gross fixed capital formation deflator — value us$, 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$, 2015 prices in Northern Europe peaked at 116.86 USD in 2008 and was at its lowest, 16.54 USD, in 1970.
That places Northern Europe 14th out of 24 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Northern Europe, year by year
| 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
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Northern Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 6.84 million (2027)
- Gross Fixed Capital Formation — Value US$, annual growth rate 1.13 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 1.08 million million USD (2024)
- Gross Fixed Capital Formation — Value US$ 1.18 million million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.6681 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.29 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 5.5 % (2024)
- Gross Domestic Product — Annual growth US$ 6.15 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 51,132 USD (2024)
- Gross Domestic Product — Value US$ 6.26 million million USD (2024)
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$, 2015 prices?
- Northern Europe ranks 14th out of 24 groups with data for 2024.
- Is gross fixed capital formation deflator — value us$, 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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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).