Gross Fixed Capital Formation — Value Standard Local Currency in USSR
USSR: Gross Fixed Capital Formation — Value Standard Local Currency was 293,456 million SLC in 1990. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency in USSR, 1970–1990
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
USSR recorded 293,456 million SLC for gross fixed capital formation — value standard local currency in 1990. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 37.9% on the previous year and up 63.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in USSR peaked at 293,456 million SLC in 1990 and was at its lowest, 139,157 million SLC, in 1970.
USSR ranks 89th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 162,146 million SLC | 139,157 million SLC | 186,259 million SLC | 10 |
| 1980s | 233,378 million SLC | 179,483 million SLC | 276,100 million SLC | 10 |
| 1990s | 293,456 million SLC | 293,456 million SLC | 293,456 million SLC | 1 |
Countries ranked near USSR
More economy & growth data for USSR
- Gross Domestic Product — Annual growth Standard Local Currency 8.42 % (1990)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 28.74 % (1990)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 47.36 % (1990)
- Gross Fixed Capital Formation — Share of GDP US$ 28.74 % (1990)
- Gross Fixed Capital Formation — Value US$, 2015 prices 772,035 million USD (1990)
- Gross Fixed Capital Formation — Value US$ 227,207 million USD (1990)
- Gross Domestic Product — Annual growth US$, 2015 prices 8.42 % (1990)
- Gross Domestic Product — Annual growth US$ 1.11 % (1990)
- Gross Domestic Product — Value US$, 2015 prices 1.63 million million USD (1990)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 29.43 USD (1990)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in USSR?
- Gross fixed capital formation — value standard local currency in USSR was 293,456 million SLC in 1990, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in USSR?
- The highest recorded value was 293,456 million SLC in 1990.
- What is the lowest gross fixed capital formation — value standard local currency recorded in USSR?
- The lowest recorded value was 139,157 million SLC in 1970.
- How does USSR rank for gross fixed capital formation — value standard local currency?
- USSR ranks 89th out of 199 countries with data for 1990.
- Is gross fixed capital formation — value standard local currency rising or falling in USSR?
- Over the last ten years it is up 63.5%. The long-run trend across the full record is rising.
- Where does this USSR data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).