Gross fixed capital formation (constant 2015 US$), per square in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Gross fixed capital formation (constant 2015 US$), per square was 50,324 constant 2015 US$ per square kilometre in 2023. ▲ Rising
Latest (2023)
50,324 constant 2015 US$ per square kilometre
Change on year
up 1.8%
Rank
22nd
of 33 groups
All-time high
51,834 constant 2015 US$ per square kilometre
in 2013
All-time low
12,433 constant 2015 US$ per square kilometre
in 1970
Years of data
54
1970–2023
Gross fixed capital formation (constant 2015 US$), per square in Latin America & Caribbean (excluding high income), 1970–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
Latin America & Caribbean (excluding high income) recorded 50,324 constant 2015 US$ per square kilometre for gross fixed capital formation (constant 2015 us$), per square in 2023.
Compared with earlier readings it is up 1.8% on the previous year and down 2.9% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), per square in Latin America & Caribbean (excluding high income) peaked at 51,834 constant 2015 US$ per square kilometre in 2013 and was at its lowest, 12,433 constant 2015 US$ per square kilometre, in 1970.
That places Latin America & Caribbean (excluding high income) 22nd out of 33 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Gross fixed capital formation (constant 2015 US$), per square in Latin America & Caribbean (excluding high income), year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1970 | 12,433 constant 2015 US$ per square kilometre | — |
| 1971 | 13,210 constant 2015 US$ per square kilometre | +6.3% |
| 1972 | 14,626 constant 2015 US$ per square kilometre | +10.7% |
| 1973 | 16,630 constant 2015 US$ per square kilometre | +13.7% |
| 1974 | 18,316 constant 2015 US$ per square kilometre | +10.1% |
| 1975 | 19,954 constant 2015 US$ per square kilometre | +8.9% |
| 1976 | 21,147 constant 2015 US$ per square kilometre | +6.0% |
| 1977 | 21,565 constant 2015 US$ per square kilometre | +2.0% |
| 1978 | 22,632 constant 2015 US$ per square kilometre | +5.0% |
| 1979 | 24,060 constant 2015 US$ per square kilometre | +6.3% |
| 1980 | 24,219 constant 2015 US$ per square kilometre | +0.7% |
| 1981 | 25,316 constant 2015 US$ per square kilometre | +4.5% |
| 1982 | 22,760 constant 2015 US$ per square kilometre | -10.1% |
| 1983 | 18,479 constant 2015 US$ per square kilometre | -18.8% |
| 1984 | 18,744 constant 2015 US$ per square kilometre | +1.4% |
| 1985 | 19,182 constant 2015 US$ per square kilometre | +2.3% |
| 1986 | 20,262 constant 2015 US$ per square kilometre | +5.6% |
| 1987 | 22,392 constant 2015 US$ per square kilometre | +10.5% |
| 1988 | 23,305 constant 2015 US$ per square kilometre | +4.1% |
| 1989 | 24,503 constant 2015 US$ per square kilometre | +5.1% |
| 1990 | 21,605 constant 2015 US$ per square kilometre | -11.8% |
| 1991 | 21,659 constant 2015 US$ per square kilometre | +0.2% |
| 1992 | 23,483 constant 2015 US$ per square kilometre | +8.4% |
| 1993 | 24,883 constant 2015 US$ per square kilometre | +6.0% |
| 1994 | 27,913 constant 2015 US$ per square kilometre | +12.2% |
| 1995 | 24,783 constant 2015 US$ per square kilometre | -11.2% |
| 1996 | 26,293 constant 2015 US$ per square kilometre | +6.1% |
| 1997 | 29,177 constant 2015 US$ per square kilometre | +11.0% |
| 1998 | 30,510 constant 2015 US$ per square kilometre | +4.6% |
| 1999 | 28,577 constant 2015 US$ per square kilometre | -6.3% |
| 2000 | 29,459 constant 2015 US$ per square kilometre | +3.1% |
| 2001 | 28,538 constant 2015 US$ per square kilometre | -3.1% |
| 2002 | 27,568 constant 2015 US$ per square kilometre | -3.4% |
| 2003 | 27,656 constant 2015 US$ per square kilometre | +0.3% |
| 2004 | 30,426 constant 2015 US$ per square kilometre | +10.0% |
| 2005 | 32,378 constant 2015 US$ per square kilometre | +6.4% |
| 2006 | 35,872 constant 2015 US$ per square kilometre | +10.8% |
| 2007 | 40,202 constant 2015 US$ per square kilometre | +12.1% |
| 2008 | 43,754 constant 2015 US$ per square kilometre | +8.8% |
| 2009 | 40,186 constant 2015 US$ per square kilometre | -8.2% |
| 2010 | 45,394 constant 2015 US$ per square kilometre | +13.0% |
| 2011 | 49,415 constant 2015 US$ per square kilometre | +8.9% |
| 2012 | 50,631 constant 2015 US$ per square kilometre | +2.5% |
| 2013 | 51,834 constant 2015 US$ per square kilometre | +2.4% |
| 2014 | 51,036 constant 2015 US$ per square kilometre | -1.5% |
| 2015 | 48,823 constant 2015 US$ per square kilometre | -4.3% |
| 2016 | 45,748 constant 2015 US$ per square kilometre | -6.3% |
| 2017 | 45,949 constant 2015 US$ per square kilometre | +0.4% |
| 2018 | 46,716 constant 2015 US$ per square kilometre | +1.7% |
| 2019 | 46,010 constant 2015 US$ per square kilometre | -1.5% |
| 2020 | 40,702 constant 2015 US$ per square kilometre | -11.5% |
| 2021 | 47,170 constant 2015 US$ per square kilometre | +15.9% |
| 2022 | 49,445 constant 2015 US$ per square kilometre | +4.8% |
| 2023 | 50,324 constant 2015 US$ per square kilometre | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18,457 constant 2015 US$ per square kilometre | 12,433 constant 2015 US$ per square kilometre | 24,060 constant 2015 US$ per square kilometre | 10 |
| 1980s | 21,916 constant 2015 US$ per square kilometre | 18,479 constant 2015 US$ per square kilometre | 25,316 constant 2015 US$ per square kilometre | 10 |
| 1990s | 25,888 constant 2015 US$ per square kilometre | 21,605 constant 2015 US$ per square kilometre | 30,510 constant 2015 US$ per square kilometre | 10 |
| 2000s | 33,604 constant 2015 US$ per square kilometre | 27,568 constant 2015 US$ per square kilometre | 43,754 constant 2015 US$ per square kilometre | 10 |
| 2010s | 48,156 constant 2015 US$ per square kilometre | 45,394 constant 2015 US$ per square kilometre | 51,834 constant 2015 US$ per square kilometre | 10 |
| 2020s | 46,910 constant 2015 US$ per square kilometre | 40,702 constant 2015 US$ per square kilometre | 50,324 constant 2015 US$ per square kilometre | 4 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 19 Ireland 1.64 million constant 2015 US$ per square kilometre compare
- 20 Italy 1.60 million constant 2015 US$ per square kilometre compare
- 21 Puerto Rico 1.48 million constant 2015 US$ per square kilometre compare
- 22 Mauritius 1.29 million constant 2015 US$ per square kilometre compare
- 23 Austria 1.23 million constant 2015 US$ per square kilometre compare
- 24 France 1.11 million constant 2015 US$ per square kilometre compare
- 25 Seychelles 1.07 million constant 2015 US$ per square kilometre compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,706 current US$ per person (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is gross fixed capital formation (constant 2015 us$), per square in Latin America & Caribbean (excluding high income)?
- Gross fixed capital formation (constant 2015 us$), per square in Latin America & Caribbean (excluding high income) was 50,324 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), per square recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 51,834 constant 2015 US$ per square kilometre in 2013.
- What is the lowest gross fixed capital formation (constant 2015 us$), per square recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 12,433 constant 2015 US$ per square kilometre in 1970.
- How does Latin America & Caribbean (excluding high income) rank for gross fixed capital formation (constant 2015 us$), per square?
- Latin America & Caribbean (excluding high income) ranks 22nd out of 33 groups with data for 2023.
- Is gross fixed capital formation (constant 2015 us$), per square rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 2.9%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean (excluding high income) 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.