Gross Fixed Capital Formation — Value Standard Local Currency, per in Barbados
Barbados: Gross Fixed Capital Formation — Value Standard Local Currency, per was 5.05 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
5.05 million SLC per square kilometre
Change on year
up 2.6%
World rank
75th
of 194 countries
All-time high
5.05 million SLC per square kilometre
in 2023
All-time low
0.1956 million SLC per square kilometre
in 1971
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per in Barbados, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, per in Barbados stood at 5.05 million SLC per square kilometre. That is the highest value across all 54 years on record.
The figure is up 2.6% on the previous year and up 24.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Barbados peaked at 5.05 million SLC per square kilometre in 2023 and was at its lowest, 0.1956 million SLC per square kilometre, in 1971.
Barbados ranks 75th of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, per in Barbados, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.1994 million SLC per square kilometre | — |
| 1971 | 0.1956 million SLC per square kilometre | -1.9% |
| 1972 | 0.2099 million SLC per square kilometre | +7.3% |
| 1973 | 0.2606 million SLC per square kilometre | +24.1% |
| 1974 | 0.3355 million SLC per square kilometre | +28.7% |
| 1975 | 0.3285 million SLC per square kilometre | -2.1% |
| 1976 | 0.5016 million SLC per square kilometre | +52.7% |
| 1977 | 0.5103 million SLC per square kilometre | +1.7% |
| 1978 | 0.5471 million SLC per square kilometre | +7.2% |
| 1979 | 0.6482 million SLC per square kilometre | +18.5% |
| 1980 | 0.8572 million SLC per square kilometre | +32.3% |
| 1981 | 1.12 million SLC per square kilometre | +31.0% |
| 1982 | 0.9854 million SLC per square kilometre | -12.3% |
| 1983 | 0.9002 million SLC per square kilometre | -8.6% |
| 1984 | 0.8234 million SLC per square kilometre | -8.5% |
| 1985 | 0.79 million SLC per square kilometre | -4.1% |
| 1986 | 0.9266 million SLC per square kilometre | +17.3% |
| 1987 | 0.9973 million SLC per square kilometre | +7.6% |
| 1988 | 1.16 million SLC per square kilometre | +16.3% |
| 1989 | 1.4 million SLC per square kilometre | +20.6% |
| 1990 | 1.41 million SLC per square kilometre | +0.9% |
| 1991 | 1.2 million SLC per square kilometre | -15.3% |
| 1992 | 0.7535 million SLC per square kilometre | -37.0% |
| 1993 | 0.8928 million SLC per square kilometre | +18.5% |
| 1994 | 1.06 million SLC per square kilometre | +18.8% |
| 1995 | 1.21 million SLC per square kilometre | +14.0% |
| 1996 | 1.39 million SLC per square kilometre | +15.0% |
| 1997 | 1.79 million SLC per square kilometre | +28.8% |
| 1998 | 2.47 million SLC per square kilometre | +38.0% |
| 1999 | 2.63 million SLC per square kilometre | +6.2% |
| 2000 | 2.56 million SLC per square kilometre | -2.5% |
| 2001 | 2.32 million SLC per square kilometre | -9.2% |
| 2002 | 2.55 million SLC per square kilometre | +9.8% |
| 2003 | 2.74 million SLC per square kilometre | +7.4% |
| 2004 | 3.06 million SLC per square kilometre | +11.7% |
| 2005 | 3.34 million SLC per square kilometre | +9.1% |
| 2006 | 4.15 million SLC per square kilometre | +24.3% |
| 2007 | 4.35 million SLC per square kilometre | +4.8% |
| 2008 | 4.5 million SLC per square kilometre | +3.5% |
| 2009 | 3.81 million SLC per square kilometre | -15.4% |
| 2010 | 3.79 million SLC per square kilometre | -0.7% |
| 2011 | 4.19 million SLC per square kilometre | +10.6% |
| 2012 | 3.91 million SLC per square kilometre | -6.6% |
| 2013 | 4.06 million SLC per square kilometre | +3.8% |
| 2014 | 4.07 million SLC per square kilometre | +0.1% |
| 2015 | 4.1 million SLC per square kilometre | +0.7% |
| 2016 | 4.01 million SLC per square kilometre | -2.2% |
| 2017 | 3.95 million SLC per square kilometre | -1.3% |
| 2018 | 3.68 million SLC per square kilometre | -6.9% |
| 2019 | 3.84 million SLC per square kilometre | +4.5% |
| 2020 | 4.26 million SLC per square kilometre | +10.9% |
| 2021 | 4.19 million SLC per square kilometre | -1.6% |
| 2022 | 4.92 million SLC per square kilometre | +17.4% |
| 2023 | 5.05 million SLC per square kilometre | +2.6% |
Barbados compared with similar countries
- Barbados's 5.05 million SLC per square kilometre is above the median for high income countries, which is 2.4 million SLC per square kilometre, 2.1× the median. (73 countries reporting)
- Barbados's 5.05 million SLC per square kilometre is above the median for Latin America & Caribbean, which is 2.91 million SLC per square kilometre, 1.7× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3737 million SLC per square kilometre | 0.1956 million SLC per square kilometre | 0.6482 million SLC per square kilometre | 10 |
| 1980s | 0.9963 million SLC per square kilometre | 0.79 million SLC per square kilometre | 1.4 million SLC per square kilometre | 10 |
| 1990s | 1.48 million SLC per square kilometre | 0.7535 million SLC per square kilometre | 2.63 million SLC per square kilometre | 10 |
| 2000s | 3.34 million SLC per square kilometre | 2.32 million SLC per square kilometre | 4.5 million SLC per square kilometre | 10 |
| 2010s | 3.96 million SLC per square kilometre | 3.68 million SLC per square kilometre | 4.19 million SLC per square kilometre | 10 |
| 2020s | 4.6 million SLC per square kilometre | 4.19 million SLC per square kilometre | 5.05 million SLC per square kilometre | 4 |
Countries ranked near Barbados
- 72 San Marino 5.46 million SLC per square kilometre compare
- 73 United Arab Emirates 5.45 million SLC per square kilometre compare
- 74 Switzerland 5.13 million SLC per square kilometre compare
- 76 Cayman Islands 4.93 million SLC per square kilometre compare
- 77 Belgium 4.79 million SLC per square kilometre compare
- 78 Algeria 4.69 million SLC per square kilometre compare
More economy & growth data for Barbados
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 18.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0024 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 65.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 303.06 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0399 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,073 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, per in Barbados?
- Gross fixed capital formation — value standard local currency, per in Barbados was 5.05 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Barbados?
- The highest recorded value was 5.05 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Barbados?
- The lowest recorded value was 0.1956 million SLC per square kilometre in 1971.
- How does Barbados rank for gross fixed capital formation — value standard local currency, per?
- Barbados ranks 75th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Barbados?
- Over the last ten years it is up 24.2%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.