Gross capital formation (current US$), per square kilometre in European Union
European Union: Gross capital formation (current US$), per square kilometre was 1.05 million current US$ per square kilometre in 2023. ◆ Volatile
Latest (2023)
1.05 million current US$ per square kilometre
Change on year
up 2.1%
Rank
2nd
of 43 groups
All-time high
1.05 million current US$ per square kilometre
in 2023
All-time low
61,362 current US$ per square kilometre
in 1970
Years of data
54
1970–2023
Gross capital formation (current US$), per square kilometre in European Union, 1970–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
The most recent figure for gross capital formation (current us$), per square kilometre in European Union is 1.05 million current US$ per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
That represents a change of up 2.1% on the previous year and up 38.7% over ten years.
Over the whole period, gross capital formation (current us$), per square kilometre in European Union peaked at 1.05 million current US$ per square kilometre in 2023 and was at its lowest, 61,362 current US$ per square kilometre, in 1970.
That places European Union 2nd out of 43 groups with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), per square kilometre in European Union, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1970 | 61,362 current US$ per square kilometre | — |
| 1971 | 66,594 current US$ per square kilometre | +8.5% |
| 1972 | 78,692 current US$ per square kilometre | +18.2% |
| 1973 | 103,822 current US$ per square kilometre | +31.9% |
| 1974 | 117,797 current US$ per square kilometre | +13.5% |
| 1975 | 122,055 current US$ per square kilometre | +3.6% |
| 1976 | 132,951 current US$ per square kilometre | +8.9% |
| 1977 | 145,449 current US$ per square kilometre | +9.4% |
| 1978 | 172,025 current US$ per square kilometre | +18.3% |
| 1979 | 215,605 current US$ per square kilometre | +25.3% |
| 1980 | 247,064 current US$ per square kilometre | +14.6% |
| 1981 | 195,906 current US$ per square kilometre | -20.7% |
| 1982 | 184,407 current US$ per square kilometre | -5.9% |
| 1983 | 173,581 current US$ per square kilometre | -5.9% |
| 1984 | 167,483 current US$ per square kilometre | -3.5% |
| 1985 | 171,453 current US$ per square kilometre | +2.4% |
| 1986 | 238,683 current US$ per square kilometre | +39.2% |
| 1987 | 296,475 current US$ per square kilometre | +24.2% |
| 1988 | 340,511 current US$ per square kilometre | +14.9% |
| 1989 | 360,224 current US$ per square kilometre | +5.8% |
| 1990 | 454,655 current US$ per square kilometre | +26.2% |
| 1991 | 459,586 current US$ per square kilometre | +1.1% |
| 1992 | 453,484 current US$ per square kilometre | -1.3% |
| 1993 | 367,451 current US$ per square kilometre | -19.0% |
| 1994 | 396,532 current US$ per square kilometre | +7.9% |
| 1995 | 467,806 current US$ per square kilometre | +18.0% |
| 1996 | 463,161 current US$ per square kilometre | -1.0% |
| 1997 | 427,939 current US$ per square kilometre | -7.6% |
| 1998 | 456,006 current US$ per square kilometre | +6.6% |
| 1999 | 457,681 current US$ per square kilometre | +0.4% |
| 2000 | 427,934 current US$ per square kilometre | -6.5% |
| 2001 | 424,500 current US$ per square kilometre | -0.8% |
| 2002 | 443,037 current US$ per square kilometre | +4.4% |
| 2003 | 542,170 current US$ per square kilometre | +22.4% |
| 2004 | 631,574 current US$ per square kilometre | +16.5% |
| 2005 | 666,655 current US$ per square kilometre | +5.6% |
| 2006 | 746,404 current US$ per square kilometre | +12.0% |
| 2007 | 897,660 current US$ per square kilometre | +20.3% |
| 2008 | 976,697 current US$ per square kilometre | +8.8% |
| 2009 | 760,064 current US$ per square kilometre | -22.2% |
| 2010 | 768,635 current US$ per square kilometre | +1.1% |
| 2011 | 857,245 current US$ per square kilometre | +11.5% |
| 2012 | 742,461 current US$ per square kilometre | -13.4% |
| 2013 | 760,236 current US$ per square kilometre | +2.4% |
| 2014 | 794,716 current US$ per square kilometre | +4.5% |
| 2015 | 703,044 current US$ per square kilometre | -11.5% |
| 2016 | 724,985 current US$ per square kilometre | +3.1% |
| 2017 | 792,496 current US$ per square kilometre | +9.3% |
| 2018 | 882,833 current US$ per square kilometre | +11.4% |
| 2019 | 892,353 current US$ per square kilometre | +1.1% |
| 2020 | 860,714 current US$ per square kilometre | -3.5% |
| 2021 | 1.01 million current US$ per square kilometre | +17.7% |
| 2022 | 1.03 million current US$ per square kilometre | +2.0% |
| 2023 | 1.05 million current US$ per square kilometre | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 121,635 current US$ per square kilometre | 61,362 current US$ per square kilometre | 215,605 current US$ per square kilometre | 10 |
| 1980s | 237,579 current US$ per square kilometre | 167,483 current US$ per square kilometre | 360,224 current US$ per square kilometre | 10 |
| 1990s | 440,430 current US$ per square kilometre | 367,451 current US$ per square kilometre | 467,806 current US$ per square kilometre | 10 |
| 2000s | 651,670 current US$ per square kilometre | 424,500 current US$ per square kilometre | 976,697 current US$ per square kilometre | 10 |
| 2010s | 791,900 current US$ per square kilometre | 703,044 current US$ per square kilometre | 892,353 current US$ per square kilometre | 10 |
| 2020s | 990,241 current US$ per square kilometre | 860,714 current US$ per square kilometre | 1.05 million current US$ per square kilometre | 4 |
Countries ranked near European Union
- 1 Macau, China 211.51 million current US$ per square kilometre compare
- 2 Singapore 150.44 million current US$ per square kilometre compare
- 3 Hong Kong, China 58.57 million current US$ per square kilometre compare
- 4 Bermuda 17.87 million current US$ per square kilometre compare
- 5 Bahrain 16.84 million current US$ per square kilometre compare
More economy & growth data for European Union
- Gross fixed capital formation (current US$), per unit of GDP 0.2131 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (constant 2015 US$), per capita 7,507 constant 2015 US$ per person (2025)
- Gross fixed capital formation (constant 2015 US$), per unit of GDP 0.1594 constant 2015 US$ per US$ of GDP (2025)
- Gross fixed capital formation (constant 2015 US$), annual growth rate 2.74 % change on previous year (2025)
- Gross fixed capital formation (current US$), per capita 10,037 current US$ per person (2025)
- Exports of goods and services (constant 2015 US$), per capita 18,514 constant 2015 US$ per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 2.34 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3932 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (current US$), annual growth rate 10.94 % change on previous year (2025)
- Gross fixed capital formation (current US$), annual growth rate 9.67 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation (current us$), per square kilometre in European Union?
- Gross capital formation (current us$), per square kilometre in European Union was 1.05 million current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), per square kilometre recorded in European Union?
- The highest recorded value was 1.05 million current US$ per square kilometre in 2023.
- What is the lowest gross capital formation (current us$), per square kilometre recorded in European Union?
- The lowest recorded value was 61,362 current US$ per square kilometre in 1970.
- How does European Union rank for gross capital formation (current us$), per square kilometre?
- European Union ranks 2nd out of 43 groups with data for 2023.
- Is gross capital formation (current us$), per square kilometre rising or falling in European Union?
- Over the last ten years it is up 38.7%. The long-run trend across the full record is volatile.
- Where does this European Union data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (current US$) 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 (current US$) ÷ Land area (sq. km)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (current US$) 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.