Gross capital formation (current US$), per square kilometre in Ireland

Ireland: Gross capital formation (current US$), per square kilometre was 2.20 million current US$ per square kilometre in 2023. ◆ Volatile

Latest (2023)
2.20 million current US$ per square kilometre
Change on year
up 20.5%
World rank
22nd
of 184 countries
All-time high
3.17 million current US$ per square kilometre
in 2019
All-time low
15,323 current US$ per square kilometre
in 1970
Years of data
54
1970–2023

Gross capital formation (current US$), per square kilometre in Ireland, 1970–2023

01.0M2.0M3.0M197019962023

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

Analysis

In 2023, gross capital formation (current us$), per square kilometre in Ireland stood at 2.20 million current US$ per square kilometre.

That represents a change of up 20.5% on the previous year and up 239.0% over ten years.

Over the whole period, gross capital formation (current us$), per square kilometre in Ireland peaked at 3.17 million current US$ per square kilometre in 2019 and was at its lowest, 15,323 current US$ per square kilometre, in 1970.

Ireland ranks 22nd of 184 countries on this measure, in the top quarter.

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 Ireland, year by year

Annual values for Gross capital formation (current US$), per square kilometre in Ireland, 1970 to 2023.
Year current US$ per square kilometre Change
1970 15,323 current US$ per square kilometre
1971 17,419 current US$ per square kilometre +13.7%
1972 22,548 current US$ per square kilometre +29.4%
1973 28,587 current US$ per square kilometre +26.8%
1974 32,636 current US$ per square kilometre +14.2%
1975 31,520 current US$ per square kilometre -3.4%
1976 34,194 current US$ per square kilometre +8.5%
1977 44,722 current US$ per square kilometre +30.8%
1978 60,575 current US$ per square kilometre +35.4%
1979 86,156 current US$ per square kilometre +42.2%
1980 86,180 current US$ per square kilometre +0.0%
1981 83,524 current US$ per square kilometre -3.1%
1982 84,944 current US$ per square kilometre +1.7%
1983 70,462 current US$ per square kilometre -17.0%
1984 65,171 current US$ per square kilometre -7.5%
1985 60,452 current US$ per square kilometre -7.2%
1986 76,615 current US$ per square kilometre +26.7%
1987 82,414 current US$ per square kilometre +7.6%
1988 89,461 current US$ per square kilometre +8.6%
1989 104,859 current US$ per square kilometre +17.2%
1990 154,073 current US$ per square kilometre +46.9%
1991 142,177 current US$ per square kilometre -7.7%
1992 135,043 current US$ per square kilometre -5.0%
1993 117,703 current US$ per square kilometre -12.8%
1994 136,872 current US$ per square kilometre +16.3%
1995 189,415 current US$ per square kilometre +38.4%
1996 225,872 current US$ per square kilometre +19.2%
1997 267,357 current US$ per square kilometre +18.4%
1998 315,520 current US$ per square kilometre +18.0%
1999 353,651 current US$ per square kilometre +12.1%
2000 356,493 current US$ per square kilometre +0.8%
2001 385,011 current US$ per square kilometre +8.0%
2002 449,547 current US$ per square kilometre +16.8%
2003 615,375 current US$ per square kilometre +36.9%
2004 767,959 current US$ per square kilometre +24.8%
2005 932,202 current US$ per square kilometre +21.4%
2006 1.07 million current US$ per square kilometre +15.3%
2007 1.15 million current US$ per square kilometre +6.7%
2008 986,281 current US$ per square kilometre -14.0%
2009 696,859 current US$ per square kilometre -29.3%
2010 556,548 current US$ per square kilometre -20.1%
2011 598,310 current US$ per square kilometre +7.5%
2012 655,112 current US$ per square kilometre +9.5%
2013 647,618 current US$ per square kilometre -1.1%
2014 848,563 current US$ per square kilometre +31.0%
2015 1.14 million current US$ per square kilometre +34.8%
2016 1.58 million current US$ per square kilometre +38.1%
2017 1.72 million current US$ per square kilometre +8.9%
2018 1.62 million current US$ per square kilometre -5.9%
2019 3.17 million current US$ per square kilometre +96.1%
2020 2.70 million current US$ per square kilometre -15.1%
2021 1.77 million current US$ per square kilometre -34.2%
2022 1.82 million current US$ per square kilometre +2.7%
2023 2.20 million current US$ per square kilometre +20.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 37,368 current US$ per square kilometre 15,323 current US$ per square kilometre 86,156 current US$ per square kilometre 10
1980s 80,408 current US$ per square kilometre 60,452 current US$ per square kilometre 104,859 current US$ per square kilometre 10
1990s 203,768 current US$ per square kilometre 117,703 current US$ per square kilometre 353,651 current US$ per square kilometre 10
2000s 741,129 current US$ per square kilometre 356,493 current US$ per square kilometre 1.15 million current US$ per square kilometre 10
2010s 1.25 million current US$ per square kilometre 556,548 current US$ per square kilometre 3.17 million current US$ per square kilometre 10
2020s 2.12 million current US$ per square kilometre 1.77 million current US$ per square kilometre 2.70 million current US$ per square kilometre 4

Countries ranked near Ireland

  1. 19 Curaçao 2.82 million current US$ per square kilometre compare
  2. 20 United Kingdom of Great Britain and Northern Ireland 2.61 million current US$ per square kilometre compare
  3. 21 Denmark 2.39 million current US$ per square kilometre compare
  4. 23 United Arab Emirates 1.96 million current US$ per square kilometre compare
  5. 24 Puerto Rico 1.90 million current US$ per square kilometre compare
  6. 25 Italy 1.81 million current US$ per square kilometre compare

See the full ranking of 227 places →

More economy & growth data for Ireland

All data for Ireland →

Frequently asked questions

What is gross capital formation (current us$), per square kilometre in Ireland?
Gross capital formation (current us$), per square kilometre in Ireland was 2.20 million current US$ per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross capital formation (current us$), per square kilometre recorded in Ireland?
The highest recorded value was 3.17 million current US$ per square kilometre in 2019.
What is the lowest gross capital formation (current us$), per square kilometre recorded in Ireland?
The lowest recorded value was 15,323 current US$ per square kilometre in 1970.
How does Ireland rank for gross capital formation (current us$), per square kilometre?
Ireland ranks 22nd out of 184 countries with data for 2023.
Is gross capital formation (current us$), per square kilometre rising or falling in Ireland?
Over the last ten years it is up 239.0%. 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 (current US$), per square kilometre. Statizoid updates them automatically from the source API.

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Gross capital formation (current US$), per square kilometre in Ireland. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-current-us-per-square-kilometre/ireland/

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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

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 (current US$), per square kilometre
Unit
current US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 10,293 data points, 1961–2023
Last refreshed

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.