Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Western Asia
Western Asia: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 118.43 USD in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Western Asia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gross fixed capital formation deflator — value us$, 2015 prices in Western Asia is 118.43 USD, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 5.2% on the previous year and up 8.6% over ten years.
Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in Western Asia peaked at 118.43 USD in 2024 and was at its lowest, 15.84 USD, in 1971.
That places Western Asia 10th out of 25 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Western Asia, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 15.98 USD | — |
| 1971 | 15.84 USD | -0.9% |
| 1972 | 17.35 USD | +9.6% |
| 1973 | 21.76 USD | +25.4% |
| 1974 | 30.28 USD | +39.2% |
| 1975 | 33.91 USD | +12.0% |
| 1976 | 39.01 USD | +15.1% |
| 1977 | 42.88 USD | +9.9% |
| 1978 | 43.98 USD | +2.6% |
| 1979 | 54.13 USD | +23.1% |
| 1980 | 58.91 USD | +8.8% |
| 1981 | 60.16 USD | +2.1% |
| 1982 | 59.8 USD | -0.6% |
| 1983 | 59.15 USD | -1.1% |
| 1984 | 55.68 USD | -5.9% |
| 1985 | 53.46 USD | -4.0% |
| 1986 | 55.07 USD | +3.0% |
| 1987 | 53.22 USD | -3.4% |
| 1988 | 56.33 USD | +5.8% |
| 1989 | 59.17 USD | +5.0% |
| 1990 | 67.28 USD | +13.7% |
| 1991 | 70.36 USD | +4.6% |
| 1992 | 70.51 USD | +0.2% |
| 1993 | 73.71 USD | +4.5% |
| 1994 | 68.6 USD | -6.9% |
| 1995 | 73.25 USD | +6.8% |
| 1996 | 74.6 USD | +1.8% |
| 1997 | 73.42 USD | -1.6% |
| 1998 | 72.33 USD | -1.5% |
| 1999 | 69.89 USD | -3.4% |
| 2000 | 70.61 USD | +1.0% |
| 2001 | 66.05 USD | -6.5% |
| 2002 | 67.9 USD | +2.8% |
| 2003 | 71.48 USD | +5.3% |
| 2004 | 79.89 USD | +11.8% |
| 2005 | 84.71 USD | +6.0% |
| 2006 | 86.97 USD | +2.7% |
| 2007 | 97.03 USD | +11.6% |
| 2008 | 107.08 USD | +10.4% |
| 2009 | 98.03 USD | -8.4% |
| 2010 | 103.64 USD | +5.7% |
| 2011 | 107.77 USD | +4.0% |
| 2012 | 106.93 USD | -0.8% |
| 2013 | 108.89 USD | +1.8% |
| 2014 | 109.03 USD | +0.1% |
| 2015 | 100 USD | -8.3% |
| 2016 | 97.78 USD | -2.2% |
| 2017 | 96.2 USD | -1.6% |
| 2018 | 94.86 USD | -1.4% |
| 2019 | 95 USD | +0.1% |
| 2020 | 92.74 USD | -2.4% |
| 2021 | 102.22 USD | +10.2% |
| 2022 | 106.02 USD | +3.7% |
| 2023 | 112.56 USD | +6.2% |
| 2024 | 118.43 USD | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.51 USD | 15.84 USD | 54.13 USD | 10 |
| 1980s | 57.1 USD | 53.22 USD | 60.16 USD | 10 |
| 1990s | 71.4 USD | 67.28 USD | 74.6 USD | 10 |
| 2000s | 82.97 USD | 66.05 USD | 107.08 USD | 10 |
| 2010s | 102.01 USD | 94.86 USD | 109.03 USD | 10 |
| 2020s | 106.39 USD | 92.74 USD | 118.43 USD | 5 |
Countries ranked near Western Asia
More economy & growth data for Western Asia
- Gross Domestic Product — Value US$ per capita 14,704 USD (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.74 % (2024)
- Gross Domestic Product — Annual growth US$ 6.59 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.84 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 12,408 USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 26.15 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.8 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.46 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 2.05 % (2024)
- Gross Domestic Product — Value US$ 4.55 million million USD (2024)
Frequently asked questions
- What is gross fixed capital formation deflator — value us$, 2015 prices in Western Asia?
- Gross fixed capital formation deflator — value us$, 2015 prices in Western Asia was 118.43 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in Western Asia?
- The highest recorded value was 118.43 USD in 2024.
- What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in Western Asia?
- The lowest recorded value was 15.84 USD in 1971.
- How does Western Asia rank for gross fixed capital formation deflator — value us$, 2015 prices?
- Western Asia ranks 10th out of 25 groups with data for 2024.
- Is gross fixed capital formation deflator — value us$, 2015 prices rising or falling in Western Asia?
- Over the last ten years it is up 8.6%. The long-run trend across the full record is rising.
- Where does this Western Asia 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.
Download this data
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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).