Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Jamaica
Jamaica: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 32.71 million SLC per square kilometre in 2023. ▲ Rising
Latest (2023)
32.71 million SLC per square kilometre
Change on year
down 2.2%
World rank
29th
of 194 countries
All-time high
43.9 million SLC per square kilometre
in 2006
All-time low
13.35 million SLC per square kilometre
in 1980
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Jamaica, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Jamaica is 32.71 million SLC per square kilometre, measured in 2023.
That represents a change of down 2.2% on the previous year and down 1.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Jamaica peaked at 43.9 million SLC per square kilometre in 2006 and was at its lowest, 13.35 million SLC per square kilometre, in 1980.
That places Jamaica 29th out of 194 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Jamaica, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 40.07 million SLC per square kilometre | — |
| 1971 | 36.59 million SLC per square kilometre | -8.7% |
| 1972 | 36.69 million SLC per square kilometre | +0.3% |
| 1973 | 37.65 million SLC per square kilometre | +2.6% |
| 1974 | 30.85 million SLC per square kilometre | -18.1% |
| 1975 | 33.86 million SLC per square kilometre | +9.7% |
| 1976 | 23.92 million SLC per square kilometre | -29.3% |
| 1977 | 17 million SLC per square kilometre | -28.9% |
| 1978 | 18.13 million SLC per square kilometre | +6.6% |
| 1979 | 17.26 million SLC per square kilometre | -4.8% |
| 1980 | 13.35 million SLC per square kilometre | -22.7% |
| 1981 | 15.58 million SLC per square kilometre | +16.7% |
| 1982 | 18.19 million SLC per square kilometre | +16.7% |
| 1983 | 17.92 million SLC per square kilometre | -1.5% |
| 1984 | 15.66 million SLC per square kilometre | -12.6% |
| 1985 | 15.48 million SLC per square kilometre | -1.1% |
| 1986 | 14.01 million SLC per square kilometre | -9.5% |
| 1987 | 18.1 million SLC per square kilometre | +29.1% |
| 1988 | 21.65 million SLC per square kilometre | +19.6% |
| 1989 | 25.75 million SLC per square kilometre | +19.0% |
| 1990 | 26.57 million SLC per square kilometre | +3.2% |
| 1991 | 25.15 million SLC per square kilometre | -5.4% |
| 1992 | 33.13 million SLC per square kilometre | +31.7% |
| 1993 | 34.03 million SLC per square kilometre | +2.7% |
| 1994 | 33.37 million SLC per square kilometre | -1.9% |
| 1995 | 35.14 million SLC per square kilometre | +5.3% |
| 1996 | 35.86 million SLC per square kilometre | +2.1% |
| 1997 | 35.81 million SLC per square kilometre | -0.1% |
| 1998 | 31.09 million SLC per square kilometre | -13.2% |
| 1999 | 29.49 million SLC per square kilometre | -5.2% |
| 2000 | 32.65 million SLC per square kilometre | +10.7% |
| 2001 | 36.67 million SLC per square kilometre | +12.3% |
| 2002 | 38.98 million SLC per square kilometre | +6.3% |
| 2003 | 38.79 million SLC per square kilometre | -0.5% |
| 2004 | 39.73 million SLC per square kilometre | +2.4% |
| 2005 | 40.64 million SLC per square kilometre | +2.3% |
| 2006 | 43.9 million SLC per square kilometre | +8.0% |
| 2007 | 41.46 million SLC per square kilometre | -5.6% |
| 2008 | 38.19 million SLC per square kilometre | -7.9% |
| 2009 | 31.34 million SLC per square kilometre | -17.9% |
| 2010 | 30.53 million SLC per square kilometre | -2.6% |
| 2011 | 33.02 million SLC per square kilometre | +8.1% |
| 2012 | 31.39 million SLC per square kilometre | -5.0% |
| 2013 | 33.15 million SLC per square kilometre | +5.6% |
| 2014 | 34.16 million SLC per square kilometre | +3.0% |
| 2015 | 32.51 million SLC per square kilometre | -4.8% |
| 2016 | 32.53 million SLC per square kilometre | +0.1% |
| 2017 | 34.04 million SLC per square kilometre | +4.6% |
| 2018 | 36 million SLC per square kilometre | +5.7% |
| 2019 | 36.67 million SLC per square kilometre | +1.9% |
| 2020 | 30.91 million SLC per square kilometre | -15.7% |
| 2021 | 32.74 million SLC per square kilometre | +5.9% |
| 2022 | 33.45 million SLC per square kilometre | +2.2% |
| 2023 | 32.71 million SLC per square kilometre | -2.2% |
Jamaica compared with similar countries
- Jamaica's 32.71 million SLC per square kilometre is above the median for upper middle income countries, which is 0.9583 million SLC per square kilometre, 34.1× the median. (54 countries reporting)
- Jamaica's 32.71 million SLC per square kilometre is above the median for Latin America & Caribbean, which is 2.2 million SLC per square kilometre, 14.9× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.2 million SLC per square kilometre | 17 million SLC per square kilometre | 40.07 million SLC per square kilometre | 10 |
| 1980s | 17.57 million SLC per square kilometre | 13.35 million SLC per square kilometre | 25.75 million SLC per square kilometre | 10 |
| 1990s | 31.96 million SLC per square kilometre | 25.15 million SLC per square kilometre | 35.86 million SLC per square kilometre | 10 |
| 2000s | 38.23 million SLC per square kilometre | 31.34 million SLC per square kilometre | 43.9 million SLC per square kilometre | 10 |
| 2010s | 33.4 million SLC per square kilometre | 30.53 million SLC per square kilometre | 36.67 million SLC per square kilometre | 10 |
| 2020s | 32.45 million SLC per square kilometre | 30.91 million SLC per square kilometre | 33.45 million SLC per square kilometre | 4 |
Countries ranked near Jamaica
- 26 Myanmar 38.85 million SLC per square kilometre compare
- 27 Cote d'Ivoire 37.56 million SLC per square kilometre compare
- 28 Comoros 36.14 million SLC per square kilometre compare
- 30 Benin 31.12 million SLC per square kilometre compare
- 31 Senegal 30.45 million SLC per square kilometre compare
- 32 Qatar 29.46 million SLC per square kilometre compare
More economy & growth data for Jamaica
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.76 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.07 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.3763 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 305.08 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -38.04 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0139 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 107.45 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 11.9 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Jamaica?
- Gross fixed capital formation — value standard local currency, 2015 in Jamaica was 32.71 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Jamaica?
- The highest recorded value was 43.9 million SLC per square kilometre in 2006.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Jamaica?
- The lowest recorded value was 13.35 million SLC per square kilometre in 1980.
- How does Jamaica rank for gross fixed capital formation — value standard local currency, 2015?
- Jamaica ranks 29th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Jamaica?
- Over the last ten years it is down 1.3%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, 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 — Value Standard Local Currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency, 2015 prices 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.