Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Saudi Arabia
Saudi Arabia: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 130.79 USD in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Saudi Arabia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gross fixed capital formation deflator — value us$, 2015 prices in Saudi Arabia stood at 130.79 USD. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.9% on the previous year and up 29.1% over ten years.
Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in Saudi Arabia peaked at 130.79 USD in 2024 and was at its lowest, 8.81 USD, in 1970.
Saudi Arabia ranks 49th of 203 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Saudi Arabia, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 8.81 USD | — |
| 1971 | 10.07 USD | +14.3% |
| 1972 | 11.26 USD | +11.7% |
| 1973 | 14.19 USD | +26.1% |
| 1974 | 35.17 USD | +147.8% |
| 1975 | 35.83 USD | +1.9% |
| 1976 | 43.8 USD | +22.2% |
| 1977 | 47.49 USD | +8.4% |
| 1978 | 51.9 USD | +9.3% |
| 1979 | 65.9 USD | +27.0% |
| 1980 | 90.95 USD | +38.0% |
| 1981 | 97.21 USD | +6.9% |
| 1982 | 90.24 USD | -7.2% |
| 1983 | 82.55 USD | -8.5% |
| 1984 | 79.04 USD | -4.3% |
| 1985 | 72.64 USD | -8.1% |
| 1986 | 57.94 USD | -20.2% |
| 1987 | 59.3 USD | +2.3% |
| 1988 | 56.43 USD | -4.8% |
| 1989 | 60.93 USD | +8.0% |
| 1990 | 68.88 USD | +13.1% |
| 1991 | 71.01 USD | +3.1% |
| 1992 | 70.43 USD | -0.8% |
| 1993 | 68.27 USD | -3.1% |
| 1994 | 68.94 USD | +1.0% |
| 1995 | 72.96 USD | +5.8% |
| 1996 | 78.15 USD | +7.1% |
| 1997 | 79.67 USD | +2.0% |
| 1998 | 77.34 USD | -2.9% |
| 1999 | 74.49 USD | -3.7% |
| 2000 | 74.18 USD | -0.4% |
| 2001 | 74.7 USD | +0.7% |
| 2002 | 74.5 USD | -0.3% |
| 2003 | 75.02 USD | +0.7% |
| 2004 | 76.57 USD | +2.1% |
| 2005 | 79.65 USD | +4.0% |
| 2006 | 80.54 USD | +1.1% |
| 2007 | 85.26 USD | +5.9% |
| 2008 | 91.71 USD | +7.6% |
| 2009 | 89.74 USD | -2.1% |
| 2010 | 94.74 USD | +5.6% |
| 2011 | 96.31 USD | +1.7% |
| 2012 | 99.21 USD | +3.0% |
| 2013 | 101.12 USD | +1.9% |
| 2014 | 101.33 USD | +0.2% |
| 2015 | 100 USD | -1.3% |
| 2016 | 100.05 USD | +0.1% |
| 2017 | 99.42 USD | -0.6% |
| 2018 | 99.44 USD | +0.0% |
| 2019 | 101.47 USD | +2.0% |
| 2020 | 106.6 USD | +5.1% |
| 2021 | 115.83 USD | +8.7% |
| 2022 | 122.83 USD | +6.0% |
| 2023 | 127.16 USD | +3.5% |
| 2024 | 130.79 USD | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.44 USD | 8.81 USD | 65.9 USD | 10 |
| 1980s | 74.72 USD | 56.43 USD | 97.21 USD | 10 |
| 1990s | 73.01 USD | 68.27 USD | 79.67 USD | 10 |
| 2000s | 80.19 USD | 74.18 USD | 91.71 USD | 10 |
| 2010s | 99.31 USD | 94.74 USD | 101.47 USD | 10 |
| 2020s | 120.64 USD | 106.6 USD | 130.79 USD | 5 |
Countries ranked near Saudi Arabia
More economy & growth data for Saudi Arabia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.26 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.52 Percent per annum (2029)
- GNI (current LCU), annual growth rate 1.96 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 3.78 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 130,594 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 22.44 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 22.44 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 2.86 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0551 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 1,904 current US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value us$, 2015 prices in Saudi Arabia?
- Gross fixed capital formation deflator — value us$, 2015 prices in Saudi Arabia was 130.79 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in Saudi Arabia?
- The highest recorded value was 130.79 USD in 2024.
- What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in Saudi Arabia?
- The lowest recorded value was 8.81 USD in 1970.
- How does Saudi Arabia rank for gross fixed capital formation deflator — value us$, 2015 prices?
- Saudi Arabia ranks 49th out of 203 countries with data for 2024.
- Is gross fixed capital formation deflator — value us$, 2015 prices rising or falling in Saudi Arabia?
- Over the last ten years it is up 29.1%. The long-run trend across the full record is rising.
- Where does this Saudi Arabia 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).