Gross fixed capital formation (constant 2015 US$), per square in Latin America & Caribbean
Latin America & Caribbean: Gross fixed capital formation (constant 2015 US$), per square was 54,464 constant 2015 US$ per square kilometre in 2023. ▲ Rising
Latest (2023)
54,464 constant 2015 US$ per square kilometre
Change on year
up 2.0%
Rank
18th
of 33 groups
All-time high
55,096 constant 2015 US$ per square kilometre
in 2013
All-time low
12,707 constant 2015 US$ per square kilometre
in 1970
Years of data
54
1970–2023
Gross fixed capital formation (constant 2015 US$), per square in Latin America & Caribbean, 1970–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
Latin America & Caribbean recorded 54,464 constant 2015 US$ per square kilometre for gross fixed capital formation (constant 2015 us$), per square in 2023.
That represents a change of up 2.0% on the previous year and down 1.1% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), per square in Latin America & Caribbean peaked at 55,096 constant 2015 US$ per square kilometre in 2013 and was at its lowest, 12,707 constant 2015 US$ per square kilometre, in 1970.
Latin America & Caribbean ranks 18th of 33 groups on this measure, 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$), per square in Latin America & Caribbean, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1970 | 12,707 constant 2015 US$ per square kilometre | — |
| 1971 | 13,478 constant 2015 US$ per square kilometre | +6.1% |
| 1972 | 14,737 constant 2015 US$ per square kilometre | +9.3% |
| 1973 | 16,571 constant 2015 US$ per square kilometre | +12.4% |
| 1974 | 18,243 constant 2015 US$ per square kilometre | +10.1% |
| 1975 | 19,802 constant 2015 US$ per square kilometre | +8.6% |
| 1976 | 20,965 constant 2015 US$ per square kilometre | +5.9% |
| 1977 | 21,398 constant 2015 US$ per square kilometre | +2.1% |
| 1978 | 22,509 constant 2015 US$ per square kilometre | +5.2% |
| 1979 | 23,990 constant 2015 US$ per square kilometre | +6.6% |
| 1980 | 24,217 constant 2015 US$ per square kilometre | +0.9% |
| 1981 | 25,255 constant 2015 US$ per square kilometre | +4.3% |
| 1982 | 22,536 constant 2015 US$ per square kilometre | -10.8% |
| 1983 | 18,230 constant 2015 US$ per square kilometre | -19.1% |
| 1984 | 18,527 constant 2015 US$ per square kilometre | +1.6% |
| 1985 | 18,964 constant 2015 US$ per square kilometre | +2.4% |
| 1986 | 20,026 constant 2015 US$ per square kilometre | +5.6% |
| 1987 | 22,212 constant 2015 US$ per square kilometre | +10.9% |
| 1988 | 23,217 constant 2015 US$ per square kilometre | +4.5% |
| 1989 | 24,502 constant 2015 US$ per square kilometre | +5.5% |
| 1990 | 21,765 constant 2015 US$ per square kilometre | -11.2% |
| 1991 | 21,834 constant 2015 US$ per square kilometre | +0.3% |
| 1992 | 23,757 constant 2015 US$ per square kilometre | +8.8% |
| 1993 | 25,274 constant 2015 US$ per square kilometre | +6.4% |
| 1994 | 28,244 constant 2015 US$ per square kilometre | +11.8% |
| 1995 | 25,480 constant 2015 US$ per square kilometre | -9.8% |
| 1996 | 27,069 constant 2015 US$ per square kilometre | +6.2% |
| 1997 | 30,093 constant 2015 US$ per square kilometre | +11.2% |
| 1998 | 31,558 constant 2015 US$ per square kilometre | +4.9% |
| 1999 | 29,678 constant 2015 US$ per square kilometre | -6.0% |
| 2000 | 30,590 constant 2015 US$ per square kilometre | +3.1% |
| 2001 | 29,663 constant 2015 US$ per square kilometre | -3.0% |
| 2002 | 28,722 constant 2015 US$ per square kilometre | -3.2% |
| 2003 | 28,962 constant 2015 US$ per square kilometre | +0.8% |
| 2004 | 31,851 constant 2015 US$ per square kilometre | +10.0% |
| 2005 | 34,119 constant 2015 US$ per square kilometre | +7.1% |
| 2006 | 37,684 constant 2015 US$ per square kilometre | +10.4% |
| 2007 | 42,188 constant 2015 US$ per square kilometre | +12.0% |
| 2008 | 46,082 constant 2015 US$ per square kilometre | +9.2% |
| 2009 | 42,234 constant 2015 US$ per square kilometre | -8.3% |
| 2010 | 47,517 constant 2015 US$ per square kilometre | +12.5% |
| 2011 | 51,911 constant 2015 US$ per square kilometre | +9.2% |
| 2012 | 53,764 constant 2015 US$ per square kilometre | +3.6% |
| 2013 | 55,096 constant 2015 US$ per square kilometre | +2.5% |
| 2014 | 54,321 constant 2015 US$ per square kilometre | -1.4% |
| 2015 | 52,203 constant 2015 US$ per square kilometre | -3.9% |
| 2016 | 49,239 constant 2015 US$ per square kilometre | -5.7% |
| 2017 | 49,433 constant 2015 US$ per square kilometre | +0.4% |
| 2018 | 50,660 constant 2015 US$ per square kilometre | +2.5% |
| 2019 | 50,073 constant 2015 US$ per square kilometre | -1.2% |
| 2020 | 43,732 constant 2015 US$ per square kilometre | -12.7% |
| 2021 | 50,786 constant 2015 US$ per square kilometre | +16.1% |
| 2022 | 53,402 constant 2015 US$ per square kilometre | +5.2% |
| 2023 | 54,464 constant 2015 US$ per square kilometre | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18,440 constant 2015 US$ per square kilometre | 12,707 constant 2015 US$ per square kilometre | 23,990 constant 2015 US$ per square kilometre | 10 |
| 1980s | 21,769 constant 2015 US$ per square kilometre | 18,230 constant 2015 US$ per square kilometre | 25,255 constant 2015 US$ per square kilometre | 10 |
| 1990s | 26,475 constant 2015 US$ per square kilometre | 21,765 constant 2015 US$ per square kilometre | 31,558 constant 2015 US$ per square kilometre | 10 |
| 2000s | 35,210 constant 2015 US$ per square kilometre | 28,722 constant 2015 US$ per square kilometre | 46,082 constant 2015 US$ per square kilometre | 10 |
| 2010s | 51,422 constant 2015 US$ per square kilometre | 47,517 constant 2015 US$ per square kilometre | 55,096 constant 2015 US$ per square kilometre | 10 |
| 2020s | 50,596 constant 2015 US$ per square kilometre | 43,732 constant 2015 US$ per square kilometre | 54,464 constant 2015 US$ per square kilometre | 4 |
Countries ranked near Latin America & Caribbean
- 15 Maldives 3.38 million constant 2015 US$ per square kilometre compare
- 16 United Kingdom of Great Britain and Northern Ireland 2.59 million constant 2015 US$ per square kilometre compare
- 17 Germany 2.09 million constant 2015 US$ per square kilometre compare
- 18 Denmark 2.00 million constant 2015 US$ per square kilometre compare
- 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
More economy & growth data for Latin America & Caribbean
- Households and NPISHs Final consumption expenditure (current US$) 4.28 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,782 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.15 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1354 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,502 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,621 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5777 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.5 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1607 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6869 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation (constant 2015 us$), per square in Latin America & Caribbean?
- Gross fixed capital formation (constant 2015 us$), per square in Latin America & Caribbean was 54,464 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), per square recorded in Latin America & Caribbean?
- The highest recorded value was 55,096 constant 2015 US$ per square kilometre in 2013.
- What is the lowest gross fixed capital formation (constant 2015 us$), per square recorded in Latin America & Caribbean?
- The lowest recorded value was 12,707 constant 2015 US$ per square kilometre in 1970.
- How does Latin America & Caribbean rank for gross fixed capital formation (constant 2015 us$), per square?
- Latin America & Caribbean ranks 18th out of 33 groups with data for 2023.
- Is gross fixed capital formation (constant 2015 us$), per square rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean 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.