Value Added Deflator (Manufacturing) — Value Standard Local Currency in Japan

Japan: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 98.29 SLC in 2023. ▼ Falling

Latest (2023)
98.29 SLC
Change on year
up 9.1%
World rank
181st
of 194 countries
All-time high
145.39 SLC
in 1984
All-time low
76.1 SLC
in 1970
Years of data
54
1970–2023

Value Added Deflator (Manufacturing) — Value Standard Local Currency in Japan, 1970–2023

050100150197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in SLC.

Analysis

In 2023, value added deflator (manufacturing) — value standard local currency in Japan stood at 98.29 SLC.

That represents a change of up 9.1% on the previous year and up 4.6% over ten years.

Over the whole period, value added deflator (manufacturing) — value standard local currency in Japan peaked at 145.39 SLC in 1984 and was at its lowest, 76.1 SLC, in 1970.

That places Japan 181st out of 194 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 54 years of available data.

Value Added Deflator (Manufacturing) — Value Standard Local Currency in Japan, year by year

Annual values for Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices in Japan, 1970 to 2023.
Year SLC Change
1970 76.1 SLC
1971 78.21 SLC +2.8%
1972 80.51 SLC +2.9%
1973 88.6 SLC +10.0%
1974 103.78 SLC +17.1%
1975 108.58 SLC +4.6%
1976 114.03 SLC +5.0%
1977 119.8 SLC +5.1%
1978 127.21 SLC +6.2%
1979 125.26 SLC -1.5%
1980 131.16 SLC +4.7%
1981 135.06 SLC +3.0%
1982 137.65 SLC +1.9%
1983 140.18 SLC +1.8%
1984 145.39 SLC +3.7%
1985 140.18 SLC -3.6%
1986 142.9 SLC +1.9%
1987 141.41 SLC -1.0%
1988 140.12 SLC -0.9%
1989 140.79 SLC +0.5%
1990 141.35 SLC +0.4%
1991 142.84 SLC +1.1%
1992 144.18 SLC +0.9%
1993 142.15 SLC -1.4%
1994 141.62 SLC -0.4%
1995 137.78 SLC -2.7%
1996 135.34 SLC -1.8%
1997 134.13 SLC -0.9%
1998 134.96 SLC +0.6%
1999 131.51 SLC -2.6%
2000 127.05 SLC -3.4%
2001 125.15 SLC -1.5%
2002 122.75 SLC -1.9%
2003 118.67 SLC -3.3%
2004 114.86 SLC -3.2%
2005 111.71 SLC -2.7%
2006 108 SLC -3.3%
2007 105.79 SLC -2.1%
2008 100.94 SLC -4.6%
2009 103.25 SLC +2.3%
2010 98.8 SLC -4.3%
2011 94.27 SLC -4.6%
2012 93.52 SLC -0.8%
2013 93.97 SLC +0.5%
2014 94.97 SLC +1.1%
2015 100 SLC +5.3%
2016 100.21 SLC +0.2%
2017 98.48 SLC -1.7%
2018 96.71 SLC -1.8%
2019 96.82 SLC +0.1%
2020 98.51 SLC +1.7%
2021 95.45 SLC -3.1%
2022 90.06 SLC -5.6%
2023 98.29 SLC +9.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 102.21 SLC 76.1 SLC 127.21 SLC 10
1980s 139.48 SLC 131.16 SLC 145.39 SLC 10
1990s 138.59 SLC 131.51 SLC 144.18 SLC 10
2000s 113.82 SLC 100.94 SLC 127.05 SLC 10
2010s 96.78 SLC 93.52 SLC 100.21 SLC 10
2020s 95.58 SLC 90.06 SLC 98.51 SLC 4

Countries ranked near Japan

  1. 178 Cambodia 100.5 SLC compare
  2. 179 Ireland 99.55 SLC compare
  3. 180 Greece 98.8 SLC compare
  4. 182 Israel 97.8 SLC compare
  5. 183 Luxembourg 97.65 SLC compare
  6. 184 Mali 97.37 SLC compare

See the full ranking of 210 places →

More economy & growth data for Japan

All data for Japan →

Frequently asked questions

What is value added deflator (manufacturing) — value standard local currency in Japan?
Value added deflator (manufacturing) — value standard local currency in Japan was 98.29 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 Japan?
The highest recorded value was 145.39 SLC in 1984.
What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Japan?
The lowest recorded value was 76.1 SLC in 1970.
How does Japan rank for value added deflator (manufacturing) — value standard local currency?
Japan ranks 181st out of 194 countries with data for 2023.
Is value added deflator (manufacturing) — value standard local currency rising or falling in Japan?
Over the last ten years it is up 4.6%. The long-run trend across the full record is falling.
Where does this Japan 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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Value Added Deflator (Manufacturing) — Value Standard Local Currency in Japan. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 26 August 2026, from https://economy.statizoid.com/stat/value-added-deflator-manufacturing-value-standard-local-currency-2015-prices/japan/

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About this data

Indicator
Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices
Unit
SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
210 places, 10,611 data points, 1970–2023
Last refreshed

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).