Value Added Deflator (Manufacturing) — Value Standard Local Currency in China, Hong Kong SAR
China, Hong Kong SAR: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 101.1 SLC in 2023. ▲ Rising
Value Added Deflator (Manufacturing) — Value Standard Local Currency in China, Hong Kong SAR, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for value added deflator (manufacturing) — value standard local currency in China, Hong Kong SAR is 101.1 SLC, measured in 2023.
That represents a change of up 2.8% on the previous year and down 8.7% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in China, Hong Kong SAR peaked at 165.69 SLC in 1998 and was at its lowest, 17.73 SLC, in 1970.
That places China, Hong Kong SAR 177th out of 194 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in China, Hong Kong SAR, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 17.73 SLC | — |
| 1971 | 19.08 SLC | +7.6% |
| 1972 | 20.83 SLC | +9.2% |
| 1973 | 23.8 SLC | +14.3% |
| 1974 | 26.56 SLC | +11.6% |
| 1975 | 27.74 SLC | +4.5% |
| 1976 | 30.42 SLC | +9.6% |
| 1977 | 31.59 SLC | +3.9% |
| 1978 | 34.16 SLC | +8.1% |
| 1979 | 40.22 SLC | +17.8% |
| 1980 | 46.56 SLC | +15.7% |
| 1981 | 51.5 SLC | +10.6% |
| 1982 | 56.49 SLC | +9.7% |
| 1983 | 59.09 SLC | +4.6% |
| 1984 | 64.78 SLC | +9.6% |
| 1985 | 68.26 SLC | +5.4% |
| 1986 | 70.83 SLC | +3.8% |
| 1987 | 76.93 SLC | +8.6% |
| 1988 | 83.7 SLC | +8.8% |
| 1989 | 94.21 SLC | +12.6% |
| 1990 | 101.34 SLC | +7.6% |
| 1991 | 110.6 SLC | +9.1% |
| 1992 | 121.55 SLC | +9.9% |
| 1993 | 132.02 SLC | +8.6% |
| 1994 | 140.37 SLC | +6.3% |
| 1995 | 146.18 SLC | +4.1% |
| 1996 | 154.78 SLC | +5.9% |
| 1997 | 163.69 SLC | +5.8% |
| 1998 | 165.69 SLC | +1.2% |
| 1999 | 158.91 SLC | -4.1% |
| 2000 | 153.51 SLC | -3.4% |
| 2001 | 147.12 SLC | -4.2% |
| 2002 | 139.17 SLC | -5.4% |
| 2003 | 132.57 SLC | -4.7% |
| 2004 | 131.03 SLC | -1.2% |
| 2005 | 129.59 SLC | -1.1% |
| 2006 | 127.44 SLC | -1.7% |
| 2007 | 104.82 SLC | -17.7% |
| 2008 | 109.78 SLC | +4.7% |
| 2009 | 108.96 SLC | -0.7% |
| 2010 | 111.66 SLC | +2.5% |
| 2011 | 111.46 SLC | -0.2% |
| 2012 | 112.42 SLC | +0.9% |
| 2013 | 110.7 SLC | -1.5% |
| 2014 | 102.78 SLC | -7.2% |
| 2015 | 100 SLC | -2.7% |
| 2016 | 100.92 SLC | +0.9% |
| 2017 | 102.19 SLC | +1.3% |
| 2018 | 101.91 SLC | -0.3% |
| 2019 | 108.09 SLC | +6.1% |
| 2020 | 99.78 SLC | -7.7% |
| 2021 | 97.01 SLC | -2.8% |
| 2022 | 98.37 SLC | +1.4% |
| 2023 | 101.1 SLC | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.21 SLC | 17.73 SLC | 40.22 SLC | 10 |
| 1980s | 67.23 SLC | 46.56 SLC | 94.21 SLC | 10 |
| 1990s | 139.51 SLC | 101.34 SLC | 165.69 SLC | 10 |
| 2000s | 128.4 SLC | 104.82 SLC | 153.51 SLC | 10 |
| 2010s | 106.21 SLC | 100 SLC | 112.42 SLC | 10 |
| 2020s | 99.06 SLC | 97.01 SLC | 101.1 SLC | 4 |
Countries ranked near China, Hong Kong SAR
More economy & growth data for China, Hong Kong SAR
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 18.59 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 45,410 USD (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 2.61 million million SLC (2024)
- Gross Domestic Product — Value US$ per capita 54,867 USD (2024)
- Gross Domestic Product — Value US$ 406,835 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 62,580 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 16.04 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.21 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.42 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 1.87 % (2024)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in China, Hong Kong SAR?
- Value added deflator (manufacturing) — value standard local currency in China, Hong Kong SAR was 101.1 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in China, Hong Kong SAR?
- The highest recorded value was 165.69 SLC in 1998.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in China, Hong Kong SAR?
- The lowest recorded value was 17.73 SLC in 1970.
- How does China, Hong Kong SAR rank for value added deflator (manufacturing) — value standard local currency?
- China, Hong Kong SAR ranks 177th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in China, Hong Kong SAR?
- Over the last ten years it is down 8.7%. The long-run trend across the full record is rising.
- Where does this China, Hong Kong SAR data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 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).