Gross fixed capital formation (constant 2015 US$), per square in European Union
European Union: Gross fixed capital formation (constant 2015 US$), per square was 844,751 constant 2015 US$ per square kilometre in 2023. ▲ Rising
Latest (2023)
844,751 constant 2015 US$ per square kilometre
Change on year
up 2.7%
Rank
2nd
of 33 groups
All-time high
844,751 constant 2015 US$ per square kilometre
in 2023
All-time low
349,293 constant 2015 US$ per square kilometre
in 1970
Years of data
54
1970–2023
Gross fixed capital formation (constant 2015 US$), per square in European Union, 1970–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
European Union recorded 844,751 constant 2015 US$ per square kilometre for gross fixed capital formation (constant 2015 us$), per square in 2023. That is the highest value across all 54 years on record.
That represents a change of up 2.7% on the previous year and up 32.4% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), per square in European Union peaked at 844,751 constant 2015 US$ per square kilometre in 2023 and was at its lowest, 349,293 constant 2015 US$ per square kilometre, in 1970.
That places European Union 2nd out of 33 groups with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 54 years of available data.
Gross fixed capital formation (constant 2015 US$), per square in European Union, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1970 | 349,293 constant 2015 US$ per square kilometre | — |
| 1971 | 364,460 constant 2015 US$ per square kilometre | +4.3% |
| 1972 | 383,137 constant 2015 US$ per square kilometre | +5.1% |
| 1973 | 401,744 constant 2015 US$ per square kilometre | +4.9% |
| 1974 | 392,055 constant 2015 US$ per square kilometre | -2.4% |
| 1975 | 375,970 constant 2015 US$ per square kilometre | -4.1% |
| 1976 | 384,436 constant 2015 US$ per square kilometre | +2.3% |
| 1977 | 394,199 constant 2015 US$ per square kilometre | +2.5% |
| 1978 | 402,511 constant 2015 US$ per square kilometre | +2.1% |
| 1979 | 417,393 constant 2015 US$ per square kilometre | +3.7% |
| 1980 | 429,472 constant 2015 US$ per square kilometre | +2.9% |
| 1981 | 414,647 constant 2015 US$ per square kilometre | -3.5% |
| 1982 | 404,642 constant 2015 US$ per square kilometre | -2.4% |
| 1983 | 404,086 constant 2015 US$ per square kilometre | -0.1% |
| 1984 | 405,867 constant 2015 US$ per square kilometre | +0.4% |
| 1985 | 416,860 constant 2015 US$ per square kilometre | +2.7% |
| 1986 | 434,217 constant 2015 US$ per square kilometre | +4.2% |
| 1987 | 453,443 constant 2015 US$ per square kilometre | +4.4% |
| 1988 | 487,774 constant 2015 US$ per square kilometre | +7.6% |
| 1989 | 522,357 constant 2015 US$ per square kilometre | +7.1% |
| 1990 | 548,966 constant 2015 US$ per square kilometre | +5.1% |
| 1991 | 551,594 constant 2015 US$ per square kilometre | +0.5% |
| 1992 | 515,238 constant 2015 US$ per square kilometre | -6.6% |
| 1993 | 468,214 constant 2015 US$ per square kilometre | -9.1% |
| 1994 | 481,033 constant 2015 US$ per square kilometre | +2.7% |
| 1995 | 498,221 constant 2015 US$ per square kilometre | +3.6% |
| 1996 | 511,683 constant 2015 US$ per square kilometre | +2.7% |
| 1997 | 527,702 constant 2015 US$ per square kilometre | +3.1% |
| 1998 | 559,691 constant 2015 US$ per square kilometre | +6.1% |
| 1999 | 591,249 constant 2015 US$ per square kilometre | +5.6% |
| 2000 | 614,788 constant 2015 US$ per square kilometre | +4.0% |
| 2001 | 620,744 constant 2015 US$ per square kilometre | +1.0% |
| 2002 | 613,526 constant 2015 US$ per square kilometre | -1.2% |
| 2003 | 621,216 constant 2015 US$ per square kilometre | +1.3% |
| 2004 | 639,398 constant 2015 US$ per square kilometre | +2.9% |
| 2005 | 659,402 constant 2015 US$ per square kilometre | +3.1% |
| 2006 | 700,759 constant 2015 US$ per square kilometre | +6.3% |
| 2007 | 743,400 constant 2015 US$ per square kilometre | +6.1% |
| 2008 | 740,899 constant 2015 US$ per square kilometre | -0.3% |
| 2009 | 656,803 constant 2015 US$ per square kilometre | -11.4% |
| 2010 | 654,451 constant 2015 US$ per square kilometre | -0.4% |
| 2011 | 669,392 constant 2015 US$ per square kilometre | +2.3% |
| 2012 | 650,916 constant 2015 US$ per square kilometre | -2.8% |
| 2013 | 638,040 constant 2015 US$ per square kilometre | -2.0% |
| 2014 | 652,400 constant 2015 US$ per square kilometre | +2.3% |
| 2015 | 685,290 constant 2015 US$ per square kilometre | +5.0% |
| 2016 | 706,064 constant 2015 US$ per square kilometre | +3.0% |
| 2017 | 734,567 constant 2015 US$ per square kilometre | +4.0% |
| 2018 | 761,456 constant 2015 US$ per square kilometre | +3.7% |
| 2019 | 812,642 constant 2015 US$ per square kilometre | +6.7% |
| 2020 | 771,954 constant 2015 US$ per square kilometre | -5.0% |
| 2021 | 804,869 constant 2015 US$ per square kilometre | +4.3% |
| 2022 | 822,271 constant 2015 US$ per square kilometre | +2.2% |
| 2023 | 844,751 constant 2015 US$ per square kilometre | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 386,520 constant 2015 US$ per square kilometre | 349,293 constant 2015 US$ per square kilometre | 417,393 constant 2015 US$ per square kilometre | 10 |
| 1980s | 437,336 constant 2015 US$ per square kilometre | 404,086 constant 2015 US$ per square kilometre | 522,357 constant 2015 US$ per square kilometre | 10 |
| 1990s | 525,359 constant 2015 US$ per square kilometre | 468,214 constant 2015 US$ per square kilometre | 591,249 constant 2015 US$ per square kilometre | 10 |
| 2000s | 661,094 constant 2015 US$ per square kilometre | 613,526 constant 2015 US$ per square kilometre | 743,400 constant 2015 US$ per square kilometre | 10 |
| 2010s | 696,522 constant 2015 US$ per square kilometre | 638,040 constant 2015 US$ per square kilometre | 812,642 constant 2015 US$ per square kilometre | 10 |
| 2020s | 810,961 constant 2015 US$ per square kilometre | 771,954 constant 2015 US$ per square kilometre | 844,751 constant 2015 US$ per square kilometre | 4 |
Countries ranked near European Union
- 1 Macau, China 173.10 million constant 2015 US$ per square kilometre compare
- 2 Singapore 129.80 million constant 2015 US$ per square kilometre compare
- 3 Hong Kong, China 58.37 million constant 2015 US$ per square kilometre compare
- 4 Bermuda 15.63 million constant 2015 US$ per square kilometre compare
- 5 Bahrain 15.19 million constant 2015 US$ per square kilometre compare
More economy & growth data for European Union
- Gross fixed capital formation (current US$), annual growth rate 9.67 % change on previous year (2025)
- Gross fixed capital formation (constant 2015 US$), 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)
- Gross fixed capital formation (current US$), per unit of GDP 0.2131 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 7,585 constant 2015 US$ per person (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3932 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 2.34 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 8.75 % change on previous year (2025)
- Gross fixed capital formation (constant 2015 US$), per unit of GDP 0.1594 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 18,514 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation (constant 2015 us$), per square in European Union?
- Gross fixed capital formation (constant 2015 us$), per square in European Union was 844,751 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), per square recorded in European Union?
- The highest recorded value was 844,751 constant 2015 US$ per square kilometre in 2023.
- What is the lowest gross fixed capital formation (constant 2015 us$), per square recorded in European Union?
- The lowest recorded value was 349,293 constant 2015 US$ per square kilometre in 1970.
- How does European Union rank for gross fixed capital formation (constant 2015 us$), per square?
- European Union ranks 2nd out of 33 groups with data for 2023.
- Is gross fixed capital formation (constant 2015 us$), per square rising or falling in European Union?
- Over the last ten years it is up 32.4%. The long-run trend across the full record is rising.
- Where does this European Union data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (constant 2015 US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross fixed capital formation (constant 2015 US$) 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 fixed capital formation (constant 2015 US$) ÷ Land area (sq. km)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (constant 2015 US$) 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.