Gross capital formation (constant 2015 US$), per square kilometre in Lower middle income

Lower middle income: Gross capital formation (constant 2015 US$), per square kilometre was 95,604 constant 2015 US$ per square kilometre in 2023. ◆ Volatile

Latest (2023)
95,604 constant 2015 US$ per square kilometre
Change on year
up 4.6%
Rank
23rd
of 40 groups
All-time high
95,604 constant 2015 US$ per square kilometre
in 2023
All-time low
3,238 constant 2015 US$ per square kilometre
in 1961
Years of data
63
1961–2023

Gross capital formation (constant 2015 US$), per square kilometre in Lower middle income, 1961–2023

020.0k40.0k60.0k80.0k100.0k196119922023

Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.

Analysis

Lower middle income recorded 95,604 constant 2015 US$ per square kilometre for gross capital formation (constant 2015 us$), per square kilometre in 2023. That is the highest value across all 63 years on record.

Compared with earlier readings it is up 4.6% on the previous year and up 56.9% over ten years.

Over the whole period, gross capital formation (constant 2015 us$), per square kilometre in Lower middle income peaked at 95,604 constant 2015 US$ per square kilometre in 2023 and was at its lowest, 3,238 constant 2015 US$ per square kilometre, in 1961.

That places Lower middle income 23rd out of 40 groups with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross capital formation (constant 2015 US$), per square kilometre in Lower middle income, year by year

Annual values for Gross capital formation (constant 2015 US$), per square kilometre in Lower middle income, 1961 to 2023.
Year constant 2015 US$ per square kilometre Change
1961 3,238 constant 2015 US$ per square kilometre
1962 3,596 constant 2015 US$ per square kilometre +11.1%
1963 3,798 constant 2015 US$ per square kilometre +5.6%
1964 4,352 constant 2015 US$ per square kilometre +14.6%
1965 4,757 constant 2015 US$ per square kilometre +9.3%
1966 4,659 constant 2015 US$ per square kilometre -2.1%
1967 4,711 constant 2015 US$ per square kilometre +1.1%
1968 5,035 constant 2015 US$ per square kilometre +6.9%
1969 5,215 constant 2015 US$ per square kilometre +3.6%
1970 5,799 constant 2015 US$ per square kilometre +11.2%
1971 5,755 constant 2015 US$ per square kilometre -0.8%
1972 5,653 constant 2015 US$ per square kilometre -1.8%
1973 6,318 constant 2015 US$ per square kilometre +11.8%
1974 6,470 constant 2015 US$ per square kilometre +2.4%
1975 6,738 constant 2015 US$ per square kilometre +4.1%
1976 7,542 constant 2015 US$ per square kilometre +11.9%
1977 9,060 constant 2015 US$ per square kilometre +20.1%
1978 9,742 constant 2015 US$ per square kilometre +7.5%
1979 8,787 constant 2015 US$ per square kilometre -9.8%
1980 9,155 constant 2015 US$ per square kilometre +4.2%
1981 9,471 constant 2015 US$ per square kilometre +3.4%
1982 10,106 constant 2015 US$ per square kilometre +6.7%
1983 9,458 constant 2015 US$ per square kilometre -6.4%
1984 10,318 constant 2015 US$ per square kilometre +9.1%
1985 11,093 constant 2015 US$ per square kilometre +7.5%
1986 11,255 constant 2015 US$ per square kilometre +1.5%
1987 12,147 constant 2015 US$ per square kilometre +7.9%
1988 12,882 constant 2015 US$ per square kilometre +6.1%
1989 12,575 constant 2015 US$ per square kilometre -2.4%
1990 13,993 constant 2015 US$ per square kilometre +11.3%
1991 13,369 constant 2015 US$ per square kilometre -4.5%
1992 14,318 constant 2015 US$ per square kilometre +7.1%
1993 14,193 constant 2015 US$ per square kilometre -0.9%
1994 15,373 constant 2015 US$ per square kilometre +8.3%
1995 16,606 constant 2015 US$ per square kilometre +8.0%
1996 17,162 constant 2015 US$ per square kilometre +3.3%
1997 19,212 constant 2015 US$ per square kilometre +11.9%
1998 19,704 constant 2015 US$ per square kilometre +2.6%
1999 21,574 constant 2015 US$ per square kilometre +9.5%
2000 21,200 constant 2015 US$ per square kilometre -1.7%
2001 22,262 constant 2015 US$ per square kilometre +5.0%
2002 22,818 constant 2015 US$ per square kilometre +2.5%
2003 25,094 constant 2015 US$ per square kilometre +10.0%
2004 30,528 constant 2015 US$ per square kilometre +21.7%
2005 35,106 constant 2015 US$ per square kilometre +15.0%
2006 39,213 constant 2015 US$ per square kilometre +11.7%
2007 47,226 constant 2015 US$ per square kilometre +20.4%
2008 47,036 constant 2015 US$ per square kilometre -0.4%
2009 49,535 constant 2015 US$ per square kilometre +5.3%
2010 56,508 constant 2015 US$ per square kilometre +14.1%
2011 57,920 constant 2015 US$ per square kilometre +2.5%
2012 62,869 constant 2015 US$ per square kilometre +8.5%
2013 60,935 constant 2015 US$ per square kilometre -3.1%
2014 63,834 constant 2015 US$ per square kilometre +4.8%
2015 67,319 constant 2015 US$ per square kilometre +5.5%
2016 72,155 constant 2015 US$ per square kilometre +7.2%
2017 79,494 constant 2015 US$ per square kilometre +10.2%
2018 84,462 constant 2015 US$ per square kilometre +6.3%
2019 81,304 constant 2015 US$ per square kilometre -3.7%
2020 73,420 constant 2015 US$ per square kilometre -9.7%
2021 87,316 constant 2015 US$ per square kilometre +18.9%
2022 91,374 constant 2015 US$ per square kilometre +4.6%
2023 95,604 constant 2015 US$ per square kilometre +4.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s 4,373 constant 2015 US$ per square kilometre 3,238 constant 2015 US$ per square kilometre 5,215 constant 2015 US$ per square kilometre 9
1970s 7,186 constant 2015 US$ per square kilometre 5,653 constant 2015 US$ per square kilometre 9,742 constant 2015 US$ per square kilometre 10
1980s 10,846 constant 2015 US$ per square kilometre 9,155 constant 2015 US$ per square kilometre 12,882 constant 2015 US$ per square kilometre 10
1990s 16,550 constant 2015 US$ per square kilometre 13,369 constant 2015 US$ per square kilometre 21,574 constant 2015 US$ per square kilometre 10
2000s 34,002 constant 2015 US$ per square kilometre 21,200 constant 2015 US$ per square kilometre 49,535 constant 2015 US$ per square kilometre 10
2010s 68,680 constant 2015 US$ per square kilometre 56,508 constant 2015 US$ per square kilometre 84,462 constant 2015 US$ per square kilometre 10
2020s 86,928 constant 2015 US$ per square kilometre 73,420 constant 2015 US$ per square kilometre 95,604 constant 2015 US$ per square kilometre 4

Countries ranked near Lower middle income

  1. 20 Ireland 1.78 million constant 2015 US$ per square kilometre compare
  2. 21 Kuwait 1.60 million constant 2015 US$ per square kilometre compare
  3. 22 Italy 1.54 million constant 2015 US$ per square kilometre compare
  4. 23 Mauritius 1.33 million constant 2015 US$ per square kilometre compare
  5. 24 Austria 1.26 million constant 2015 US$ per square kilometre compare
  6. 25 France 1.11 million constant 2015 US$ per square kilometre compare
  7. 26 Puerto Rico 1.07 million constant 2015 US$ per square kilometre compare

See the full ranking of 200 places →

More economy & growth data for Lower middle income

All data for Lower middle income →

Frequently asked questions

What is gross capital formation (constant 2015 us$), per square kilometre in Lower middle income?
Gross capital formation (constant 2015 us$), per square kilometre in Lower middle income was 95,604 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross capital formation (constant 2015 us$), per square kilometre recorded in Lower middle income?
The highest recorded value was 95,604 constant 2015 US$ per square kilometre in 2023.
What is the lowest gross capital formation (constant 2015 us$), per square kilometre recorded in Lower middle income?
The lowest recorded value was 3,238 constant 2015 US$ per square kilometre in 1961.
How does Lower middle income rank for gross capital formation (constant 2015 us$), per square kilometre?
Lower middle income ranks 23rd out of 40 groups with data for 2023.
Is gross capital formation (constant 2015 us$), per square kilometre rising or falling in Lower middle income?
Over the last ten years it is up 56.9%. The long-run trend across the full record is volatile.
Where does this Lower middle income data come from?
The figures come from Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), per square kilometre. Statizoid updates them automatically from the source API.

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Gross capital formation (constant 2015 US$), per square kilometre in Lower middle income. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-constant-2015-us-per-square-kilometre/lower-middle-income/

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How this figure is calculated

Gross capital formation (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross capital formation (constant 2015 US$) ÷ Land area (sq. km)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross capital formation (constant 2015 US$), per square kilometre
Unit
constant 2015 US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
200 places, 7,878 data points, 1961–2023
Last refreshed

Gross capital formation (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.