Gross capital formation (constant LCU), per square kilometre in Ireland

Ireland: Gross capital formation (constant LCU), per square kilometre was 1.73 million constant LCU per square kilometre in 2023. ◆ Volatile

Latest (2023)
1.73 million constant LCU per square kilometre
Change on year
up 12.7%
World rank
85th
of 166 countries
All-time high
2.76 million constant LCU per square kilometre
in 2019
All-time low
123,279 constant LCU per square kilometre
in 1970
Years of data
54
1970–2023

Gross capital formation (constant LCU), per square kilometre in Ireland, 1970–2023

01.0M2.0M3.0M197019962023

Source: Statizoid (derived). Measured in constant LCU per square kilometre.

Analysis

In 2023, gross capital formation (constant lcu), per square kilometre in Ireland stood at 1.73 million constant LCU per square kilometre.

That represents a change of up 12.7% on the previous year and up 211.7% over ten years.

Over the whole period, gross capital formation (constant lcu), per square kilometre in Ireland peaked at 2.76 million constant LCU per square kilometre in 2019 and was at its lowest, 123,279 constant LCU per square kilometre, in 1970.

That places Ireland 85th out of 166 countries 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 LCU), per square kilometre in Ireland, year by year

Annual values for Gross capital formation (constant LCU), per square kilometre in Ireland, 1970 to 2023.
Year constant LCU per square kilometre Change
1970 123,279 constant LCU per square kilometre
1971 126,369 constant LCU per square kilometre +2.5%
1972 145,404 constant LCU per square kilometre +15.1%
1973 168,281 constant LCU per square kilometre +15.7%
1974 167,317 constant LCU per square kilometre -0.6%
1975 130,609 constant LCU per square kilometre -21.9%
1976 153,111 constant LCU per square kilometre +17.2%
1977 178,935 constant LCU per square kilometre +16.9%
1978 197,329 constant LCU per square kilometre +10.3%
1979 229,647 constant LCU per square kilometre +16.4%
1980 194,632 constant LCU per square kilometre -15.2%
1981 212,552 constant LCU per square kilometre +9.2%
1982 223,318 constant LCU per square kilometre +5.1%
1983 199,367 constant LCU per square kilometre -10.7%
1984 200,028 constant LCU per square kilometre +0.3%
1985 183,112 constant LCU per square kilometre -8.5%
1986 177,908 constant LCU per square kilometre -2.8%
1987 165,409 constant LCU per square kilometre -7.0%
1988 167,315 constant LCU per square kilometre +1.2%
1989 197,940 constant LCU per square kilometre +18.3%
1990 244,995 constant LCU per square kilometre +23.8%
1991 228,667 constant LCU per square kilometre -6.7%
1992 199,745 constant LCU per square kilometre -12.6%
1993 191,456 constant LCU per square kilometre -4.1%
1994 214,516 constant LCU per square kilometre +12.0%
1995 266,198 constant LCU per square kilometre +24.1%
1996 308,948 constant LCU per square kilometre +16.1%
1997 365,986 constant LCU per square kilometre +18.5%
1998 422,654 constant LCU per square kilometre +15.5%
1999 461,399 constant LCU per square kilometre +9.2%
2000 492,362 constant LCU per square kilometre +6.7%
2001 510,774 constant LCU per square kilometre +3.7%
2002 541,791 constant LCU per square kilometre +6.1%
2003 593,175 constant LCU per square kilometre +9.5%
2004 636,782 constant LCU per square kilometre +7.4%
2005 749,684 constant LCU per square kilometre +17.7%
2006 814,993 constant LCU per square kilometre +8.7%
2007 806,015 constant LCU per square kilometre -1.1%
2008 696,490 constant LCU per square kilometre -13.6%
2009 560,916 constant LCU per square kilometre -19.5%
2010 487,194 constant LCU per square kilometre -13.1%
2011 511,108 constant LCU per square kilometre +4.9%
2012 588,784 constant LCU per square kilometre +15.2%
2013 555,950 constant LCU per square kilometre -5.6%
2014 718,670 constant LCU per square kilometre +29.3%
2015 1.11 million constant LCU per square kilometre +54.7%
2016 1.51 million constant LCU per square kilometre +36.2%
2017 1.58 million constant LCU per square kilometre +4.3%
2018 1.38 million constant LCU per square kilometre -12.3%
2019 2.76 million constant LCU per square kilometre +99.7%
2020 2.36 million constant LCU per square kilometre -14.6%
2021 1.44 million constant LCU per square kilometre -38.9%
2022 1.54 million constant LCU per square kilometre +6.7%
2023 1.73 million constant LCU per square kilometre +12.7%

Ireland compared with similar countries

  • Ireland's 1.73 million constant LCU per square kilometre is above the median for high income countries, which is 1.60 million constant LCU per square kilometre, 1.1× the median. (58 countries reporting)
  • Ireland's 1.73 million constant LCU per square kilometre is above the median for Europe & Central Asia, which is 1.31 million constant LCU per square kilometre, 1.3× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Gross capital formation (constant LCU), per square kilometre in Ireland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2019 +99.7% 1.38 million constant LCU per square kilometre 2.76 million constant LCU per square kilometre

Averages by decade

DecadeAverage LowestHighest Years
1970s 162,028 constant LCU per square kilometre 123,279 constant LCU per square kilometre 229,647 constant LCU per square kilometre 10
1980s 192,158 constant LCU per square kilometre 165,409 constant LCU per square kilometre 223,318 constant LCU per square kilometre 10
1990s 290,456 constant LCU per square kilometre 191,456 constant LCU per square kilometre 461,399 constant LCU per square kilometre 10
2000s 640,298 constant LCU per square kilometre 492,362 constant LCU per square kilometre 814,993 constant LCU per square kilometre 10
2010s 1.12 million constant LCU per square kilometre 487,194 constant LCU per square kilometre 2.76 million constant LCU per square kilometre 10
2020s 1.77 million constant LCU per square kilometre 1.44 million constant LCU per square kilometre 2.36 million constant LCU per square kilometre 4

Countries ranked near Ireland

  1. 82 United Kingdom 1.84 million constant LCU per square kilometre compare
  2. 83 Uruguay 1.83 million constant LCU per square kilometre compare
  3. 84 Russia 1.77 million constant LCU per square kilometre compare
  4. 86 Poland 1.47 million constant LCU per square kilometre compare
  5. 87 Italy 1.42 million constant LCU per square kilometre compare
  6. 88 Chad 1.41 million constant LCU per square kilometre compare

See the full ranking of 166 places →

More economy & growth data for Ireland

All data for Ireland →

Frequently asked questions

What is gross capital formation (constant lcu), per square kilometre in Ireland?
Gross capital formation (constant lcu), per square kilometre in Ireland was 1.73 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross capital formation (constant lcu), per square kilometre recorded in Ireland?
The highest recorded value was 2.76 million constant LCU per square kilometre in 2019.
What is the lowest gross capital formation (constant lcu), per square kilometre recorded in Ireland?
The lowest recorded value was 123,279 constant LCU per square kilometre in 1970.
How does Ireland rank for gross capital formation (constant lcu), per square kilometre?
Ireland ranks 85th out of 166 countries with data for 2023.
Is gross capital formation (constant lcu), per square kilometre rising or falling in Ireland?
Over the last ten years it is up 211.7%. The long-run trend across the full record is volatile.
Where does this Ireland data come from?
The figures come from Statizoid (derived), published as part of Gross capital formation (constant LCU), per square kilometre. Statizoid updates them automatically from the source API.

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Gross capital formation (constant LCU), per square kilometre in Ireland. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-constant-lcu-per-square-kilometre/ireland/

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How this figure is calculated

Gross capital formation (constant LCU) 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 LCU) ÷ 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 LCU), per square kilometre
Unit
constant LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 6,614 data points, 1961–2023
Last refreshed

Gross capital formation (constant LCU) 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.