Gross fixed capital formation (constant 2015 US$), per square in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Gross fixed capital formation (constant 2015 US$), per square was 53,422 constant 2015 US$ per square kilometre in 2023. ▲ Rising
Latest (2023)
53,422 constant 2015 US$ per square kilometre
Change on year
up 2.0%
Rank
20th
of 33 groups
All-time high
54,297 constant 2015 US$ per square kilometre
in 2013
All-time low
12,236 constant 2015 US$ per square kilometre
in 1970
Years of data
54
1970–2023
Gross fixed capital formation (constant 2015 US$), per square in Latin America & the Caribbean (IDA & IBRD countries), 1970–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
In 2023, gross fixed capital formation (constant 2015 us$), per square in Latin America & the Caribbean (IDA & IBRD countries) stood at 53,422 constant 2015 US$ per square kilometre.
That represents a change of up 2.0% on the previous year and down 1.6% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), per square in Latin America & the Caribbean (IDA & IBRD countries) peaked at 54,297 constant 2015 US$ per square kilometre in 2013 and was at its lowest, 12,236 constant 2015 US$ per square kilometre, in 1970.
That places Latin America & the Caribbean (IDA & IBRD countries) 20th 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$), per square in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1970 | 12,236 constant 2015 US$ per square kilometre | — |
| 1971 | 12,964 constant 2015 US$ per square kilometre | +6.0% |
| 1972 | 14,207 constant 2015 US$ per square kilometre | +9.6% |
| 1973 | 16,079 constant 2015 US$ per square kilometre | +13.2% |
| 1974 | 17,774 constant 2015 US$ per square kilometre | +10.5% |
| 1975 | 19,321 constant 2015 US$ per square kilometre | +8.7% |
| 1976 | 20,495 constant 2015 US$ per square kilometre | +6.1% |
| 1977 | 20,946 constant 2015 US$ per square kilometre | +2.2% |
| 1978 | 22,034 constant 2015 US$ per square kilometre | +5.2% |
| 1979 | 23,514 constant 2015 US$ per square kilometre | +6.7% |
| 1980 | 23,754 constant 2015 US$ per square kilometre | +1.0% |
| 1981 | 24,750 constant 2015 US$ per square kilometre | +4.2% |
| 1982 | 22,047 constant 2015 US$ per square kilometre | -10.9% |
| 1983 | 17,733 constant 2015 US$ per square kilometre | -19.6% |
| 1984 | 17,969 constant 2015 US$ per square kilometre | +1.3% |
| 1985 | 18,334 constant 2015 US$ per square kilometre | +2.0% |
| 1986 | 19,454 constant 2015 US$ per square kilometre | +6.1% |
| 1987 | 21,633 constant 2015 US$ per square kilometre | +11.2% |
| 1988 | 22,545 constant 2015 US$ per square kilometre | +4.2% |
| 1989 | 23,768 constant 2015 US$ per square kilometre | +5.4% |
| 1990 | 21,031 constant 2015 US$ per square kilometre | -11.5% |
| 1991 | 21,186 constant 2015 US$ per square kilometre | +0.7% |
| 1992 | 23,260 constant 2015 US$ per square kilometre | +9.8% |
| 1993 | 24,824 constant 2015 US$ per square kilometre | +6.7% |
| 1994 | 27,828 constant 2015 US$ per square kilometre | +12.1% |
| 1995 | 25,005 constant 2015 US$ per square kilometre | -10.1% |
| 1996 | 26,508 constant 2015 US$ per square kilometre | +6.0% |
| 1997 | 29,454 constant 2015 US$ per square kilometre | +11.1% |
| 1998 | 30,872 constant 2015 US$ per square kilometre | +4.8% |
| 1999 | 28,850 constant 2015 US$ per square kilometre | -6.5% |
| 2000 | 29,722 constant 2015 US$ per square kilometre | +3.0% |
| 2001 | 28,816 constant 2015 US$ per square kilometre | -3.1% |
| 2002 | 27,908 constant 2015 US$ per square kilometre | -3.2% |
| 2003 | 28,154 constant 2015 US$ per square kilometre | +0.9% |
| 2004 | 31,012 constant 2015 US$ per square kilometre | +10.2% |
| 2005 | 33,258 constant 2015 US$ per square kilometre | +7.2% |
| 2006 | 36,724 constant 2015 US$ per square kilometre | +10.4% |
| 2007 | 41,259 constant 2015 US$ per square kilometre | +12.3% |
| 2008 | 45,214 constant 2015 US$ per square kilometre | +9.6% |
| 2009 | 41,464 constant 2015 US$ per square kilometre | -8.3% |
| 2010 | 46,816 constant 2015 US$ per square kilometre | +12.9% |
| 2011 | 51,154 constant 2015 US$ per square kilometre | +9.3% |
| 2012 | 52,927 constant 2015 US$ per square kilometre | +3.5% |
| 2013 | 54,297 constant 2015 US$ per square kilometre | +2.6% |
| 2014 | 53,538 constant 2015 US$ per square kilometre | -1.4% |
| 2015 | 51,412 constant 2015 US$ per square kilometre | -4.0% |
| 2016 | 48,431 constant 2015 US$ per square kilometre | -5.8% |
| 2017 | 48,602 constant 2015 US$ per square kilometre | +0.4% |
| 2018 | 49,466 constant 2015 US$ per square kilometre | +1.8% |
| 2019 | 48,863 constant 2015 US$ per square kilometre | -1.2% |
| 2020 | 42,833 constant 2015 US$ per square kilometre | -12.3% |
| 2021 | 49,786 constant 2015 US$ per square kilometre | +16.2% |
| 2022 | 52,383 constant 2015 US$ per square kilometre | +5.2% |
| 2023 | 53,422 constant 2015 US$ per square kilometre | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17,957 constant 2015 US$ per square kilometre | 12,236 constant 2015 US$ per square kilometre | 23,514 constant 2015 US$ per square kilometre | 10 |
| 1980s | 21,199 constant 2015 US$ per square kilometre | 17,733 constant 2015 US$ per square kilometre | 24,750 constant 2015 US$ per square kilometre | 10 |
| 1990s | 25,882 constant 2015 US$ per square kilometre | 21,031 constant 2015 US$ per square kilometre | 30,872 constant 2015 US$ per square kilometre | 10 |
| 2000s | 34,353 constant 2015 US$ per square kilometre | 27,908 constant 2015 US$ per square kilometre | 45,214 constant 2015 US$ per square kilometre | 10 |
| 2010s | 50,551 constant 2015 US$ per square kilometre | 46,816 constant 2015 US$ per square kilometre | 54,297 constant 2015 US$ per square kilometre | 10 |
| 2020s | 49,606 constant 2015 US$ per square kilometre | 42,833 constant 2015 US$ per square kilometre | 53,422 constant 2015 US$ per square kilometre | 4 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 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
- 22 Mauritius 1.29 million constant 2015 US$ per square kilometre compare
- 23 Austria 1.23 million constant 2015 US$ per square kilometre compare
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.136 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,472 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,311 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.157 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is gross fixed capital formation (constant 2015 us$), per square in Latin America & the Caribbean (IDA & IBRD countries)?
- Gross fixed capital formation (constant 2015 us$), per square in Latin America & the Caribbean (IDA & IBRD countries) was 53,422 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), per square recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 54,297 constant 2015 US$ per square kilometre in 2013.
- What is the lowest gross fixed capital formation (constant 2015 us$), per square recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 12,236 constant 2015 US$ per square kilometre in 1970.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for gross fixed capital formation (constant 2015 us$), per square?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 20th out of 33 groups with data for 2023.
- Is gross fixed capital formation (constant 2015 us$), per square rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is down 1.6%. The long-run trend across the full record is rising.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.