Value Added Deflator (Manufacturing) — Value Standard Local Currency in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 121.67 SLC in 2023. ▲ Rising
Value Added Deflator (Manufacturing) — Value Standard Local Currency in United Kingdom of Great Britain and Northern Ireland, 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 United Kingdom of Great Britain and Northern Ireland is 121.67 SLC, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 9.1% on the previous year and up 21.4% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in United Kingdom of Great Britain and Northern Ireland peaked at 121.67 SLC in 2023 and was at its lowest, 16.3 SLC, in 1970.
That places United Kingdom of Great Britain and Northern Ireland 126th out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 16.3 SLC | — |
| 1971 | 17.89 SLC | +9.8% |
| 1972 | 19.31 SLC | +7.9% |
| 1973 | 20.04 SLC | +3.8% |
| 1974 | 22.73 SLC | +13.4% |
| 1975 | 29.16 SLC | +28.3% |
| 1976 | 33 SLC | +13.2% |
| 1977 | 35.59 SLC | +7.8% |
| 1978 | 39.49 SLC | +11.0% |
| 1979 | 44.16 SLC | +11.8% |
| 1980 | 52.61 SLC | +19.1% |
| 1981 | 60.53 SLC | +15.1% |
| 1982 | 64.62 SLC | +6.8% |
| 1983 | 67.71 SLC | +4.8% |
| 1984 | 68.24 SLC | +0.8% |
| 1985 | 70.84 SLC | +3.8% |
| 1986 | 75.1 SLC | +6.0% |
| 1987 | 78.28 SLC | +4.2% |
| 1988 | 81.51 SLC | +4.1% |
| 1989 | 87 SLC | +6.7% |
| 1990 | 84.27 SLC | -3.1% |
| 1991 | 90.97 SLC | +7.9% |
| 1992 | 93.21 SLC | +2.5% |
| 1993 | 94.59 SLC | +1.5% |
| 1994 | 99.33 SLC | +5.0% |
| 1995 | 110.77 SLC | +11.5% |
| 1996 | 116.43 SLC | +5.1% |
| 1997 | 114.84 SLC | -1.4% |
| 1998 | 110.31 SLC | -3.9% |
| 1999 | 105.29 SLC | -4.6% |
| 2000 | 102.05 SLC | -3.1% |
| 2001 | 96.13 SLC | -5.8% |
| 2002 | 93.68 SLC | -2.5% |
| 2003 | 91.85 SLC | -2.0% |
| 2004 | 89.14 SLC | -3.0% |
| 2005 | 88.93 SLC | -0.2% |
| 2006 | 83.56 SLC | -6.0% |
| 2007 | 84.2 SLC | +0.8% |
| 2008 | 86.57 SLC | +2.8% |
| 2009 | 87.79 SLC | +1.4% |
| 2010 | 95.03 SLC | +8.3% |
| 2011 | 97.42 SLC | +2.5% |
| 2012 | 97.54 SLC | +0.1% |
| 2013 | 100.19 SLC | +2.7% |
| 2014 | 99.03 SLC | -1.2% |
| 2015 | 100 SLC | +1.0% |
| 2016 | 103.34 SLC | +3.3% |
| 2017 | 105.54 SLC | +2.1% |
| 2018 | 103.49 SLC | -1.9% |
| 2019 | 105.09 SLC | +1.5% |
| 2020 | 98.99 SLC | -5.8% |
| 2021 | 99.61 SLC | +0.6% |
| 2022 | 111.49 SLC | +11.9% |
| 2023 | 121.67 SLC | +9.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.77 SLC | 16.3 SLC | 44.16 SLC | 10 |
| 1980s | 70.64 SLC | 52.61 SLC | 87 SLC | 10 |
| 1990s | 102 SLC | 84.27 SLC | 116.43 SLC | 10 |
| 2000s | 90.39 SLC | 83.56 SLC | 102.05 SLC | 10 |
| 2010s | 100.67 SLC | 95.03 SLC | 105.54 SLC | 10 |
| 2020s | 107.94 SLC | 98.99 SLC | 121.67 SLC | 4 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
More economy & growth data for United Kingdom of Great Britain and Northern Ireland
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 3.79 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 6.72 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 1.45 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 1.45 % change on previous year (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 1.45 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 6.72 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 1.45 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 3.79 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 17.87 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 16.77 % (2024)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in United Kingdom of Great Britain and Northern Ireland?
- Value added deflator (manufacturing) — value standard local currency in United Kingdom of Great Britain and Northern Ireland was 121.67 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 United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 121.67 SLC in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 16.3 SLC in 1970.
- How does United Kingdom of Great Britain and Northern Ireland rank for value added deflator (manufacturing) — value standard local currency?
- United Kingdom of Great Britain and Northern Ireland ranks 126th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 21.4%. The long-run trend across the full record is rising.
- Where does this United Kingdom of Great Britain and Northern Ireland 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).