Value Added Deflator (Manufacturing) — Value Standard Local Currency in China, mainland
China, mainland: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 112.78 SLC in 2023. ▲ Rising
Value Added Deflator (Manufacturing) — Value Standard Local Currency in China, mainland, 2004–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
China, mainland recorded 112.78 SLC for value added deflator (manufacturing) — value standard local currency in 2023.
That represents a change of down 3.0% on the previous year and up 5.6% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in China, mainland peaked at 116.29 SLC in 2022 and was at its lowest, 79.19 SLC, in 2004.
That places China, mainland 155th out of 194 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in China, mainland, year by year
| Year | SLC | Change |
|---|---|---|
| 2004 | 79.19 SLC | — |
| 2005 | 84.01 SLC | +6.1% |
| 2006 | 87.95 SLC | +4.7% |
| 2007 | 92.63 SLC | +5.3% |
| 2008 | 99.26 SLC | +7.2% |
| 2009 | 94.47 SLC | -4.8% |
| 2010 | 100.75 SLC | +6.7% |
| 2011 | 109.14 SLC | +8.3% |
| 2012 | 108.06 SLC | -1.0% |
| 2013 | 106.75 SLC | -1.2% |
| 2014 | 105.19 SLC | -1.5% |
| 2015 | 100 SLC | -4.9% |
| 2016 | 98.83 SLC | -1.2% |
| 2017 | 104.3 SLC | +5.5% |
| 2018 | 107.59 SLC | +3.2% |
| 2019 | 106.34 SLC | -1.2% |
| 2020 | 104.52 SLC | -1.7% |
| 2021 | 113.15 SLC | +8.3% |
| 2022 | 116.29 SLC | +2.8% |
| 2023 | 112.78 SLC | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 89.58 SLC | 79.19 SLC | 99.26 SLC | 6 |
| 2010s | 104.69 SLC | 98.83 SLC | 109.14 SLC | 10 |
| 2020s | 111.68 SLC | 104.52 SLC | 116.29 SLC | 4 |
Countries ranked near China, mainland
More economy & growth data for China, mainland
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 40.34 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 4.29 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 56.10 million million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 7.79 million million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 44.89 million million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 7.21 million million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 40.83 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 5.95 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 4.06 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 7.65 % (2024)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in China, mainland?
- Value added deflator (manufacturing) — value standard local currency in China, mainland was 112.78 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, mainland?
- The highest recorded value was 116.29 SLC in 2022.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in China, mainland?
- The lowest recorded value was 79.19 SLC in 2004.
- How does China, mainland rank for value added deflator (manufacturing) — value standard local currency?
- China, mainland ranks 155th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in China, mainland?
- Over the last ten years it is up 5.6%. The long-run trend across the full record is rising.
- Where does this China, mainland 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.
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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).