Gross Fixed Capital Formation — Value Standard Local Currency, per in Cayman Islands
Cayman Islands: Gross Fixed Capital Formation — Value Standard Local Currency, per was 4.93 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
4.93 million SLC per square kilometre
Change on year
up 6.3%
World rank
76th
of 194 countries
All-time high
4.93 million SLC per square kilometre
in 2023
All-time low
0.0156 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per in Cayman Islands, 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 Cayman Islands stood at 4.93 million SLC per square kilometre. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 6.3% on the previous year and up 132.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Cayman Islands peaked at 4.93 million SLC per square kilometre in 2023 and was at its lowest, 0.0156 million SLC per square kilometre, in 1970.
Cayman Islands ranks 76th 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 Cayman Islands, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0156 million SLC per square kilometre | — |
| 1971 | 0.0197 million SLC per square kilometre | +26.0% |
| 1972 | 0.0251 million SLC per square kilometre | +27.6% |
| 1973 | 0.0334 million SLC per square kilometre | +33.1% |
| 1974 | 0.04 million SLC per square kilometre | +19.6% |
| 1975 | 0.0476 million SLC per square kilometre | +19.1% |
| 1976 | 0.0567 million SLC per square kilometre | +19.2% |
| 1977 | 0.0676 million SLC per square kilometre | +19.1% |
| 1978 | 0.0805 million SLC per square kilometre | +19.1% |
| 1979 | 0.0979 million SLC per square kilometre | +21.6% |
| 1980 | 0.1141 million SLC per square kilometre | +16.6% |
| 1981 | 0.1366 million SLC per square kilometre | +19.7% |
| 1982 | 0.1618 million SLC per square kilometre | +18.5% |
| 1983 | 0.2254 million SLC per square kilometre | +39.3% |
| 1984 | 0.2852 million SLC per square kilometre | +26.5% |
| 1985 | 0.2438 million SLC per square kilometre | -14.5% |
| 1986 | 0.3082 million SLC per square kilometre | +26.4% |
| 1987 | 0.3403 million SLC per square kilometre | +10.4% |
| 1988 | 0.4829 million SLC per square kilometre | +41.9% |
| 1989 | 0.5059 million SLC per square kilometre | +4.8% |
| 1990 | 0.5795 million SLC per square kilometre | +14.5% |
| 1991 | 0.6163 million SLC per square kilometre | +6.3% |
| 1992 | 0.6533 million SLC per square kilometre | +6.0% |
| 1993 | 0.7018 million SLC per square kilometre | +7.4% |
| 1994 | 0.762 million SLC per square kilometre | +8.6% |
| 1995 | 0.8229 million SLC per square kilometre | +8.0% |
| 1996 | 0.8928 million SLC per square kilometre | +8.5% |
| 1997 | 0.9724 million SLC per square kilometre | +8.9% |
| 1998 | 1.28 million SLC per square kilometre | +31.2% |
| 1999 | 1.38 million SLC per square kilometre | +8.4% |
| 2000 | 1.45 million SLC per square kilometre | +4.5% |
| 2001 | 1.48 million SLC per square kilometre | +2.6% |
| 2002 | 1.55 million SLC per square kilometre | +4.3% |
| 2003 | 1.6 million SLC per square kilometre | +3.7% |
| 2004 | 1.69 million SLC per square kilometre | +5.3% |
| 2005 | 1.93 million SLC per square kilometre | +14.3% |
| 2006 | 2.04 million SLC per square kilometre | +5.4% |
| 2007 | 2.15 million SLC per square kilometre | +5.6% |
| 2008 | 2.21 million SLC per square kilometre | +2.7% |
| 2009 | 2.06 million SLC per square kilometre | -6.7% |
| 2010 | 2 million SLC per square kilometre | -3.0% |
| 2011 | 2.02 million SLC per square kilometre | +0.9% |
| 2012 | 2.06 million SLC per square kilometre | +2.3% |
| 2013 | 2.12 million SLC per square kilometre | +2.5% |
| 2014 | 2.21 million SLC per square kilometre | +4.6% |
| 2015 | 2.24 million SLC per square kilometre | +1.3% |
| 2016 | 2.33 million SLC per square kilometre | +4.1% |
| 2017 | 2.53 million SLC per square kilometre | +8.2% |
| 2018 | 3.04 million SLC per square kilometre | +20.4% |
| 2019 | 3.32 million SLC per square kilometre | +9.3% |
| 2020 | 3.71 million SLC per square kilometre | +11.8% |
| 2021 | 4.33 million SLC per square kilometre | +16.6% |
| 2022 | 4.63 million SLC per square kilometre | +7.0% |
| 2023 | 4.93 million SLC per square kilometre | +6.3% |
Cayman Islands compared with similar countries
- Cayman Islands's 4.93 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)
- Cayman Islands's 4.93 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 | 0.0484 million SLC per square kilometre | 0.0156 million SLC per square kilometre | 0.0979 million SLC per square kilometre | 10 |
| 1980s | 0.2804 million SLC per square kilometre | 0.1141 million SLC per square kilometre | 0.5059 million SLC per square kilometre | 10 |
| 1990s | 0.866 million SLC per square kilometre | 0.5795 million SLC per square kilometre | 1.38 million SLC per square kilometre | 10 |
| 2000s | 1.82 million SLC per square kilometre | 1.45 million SLC per square kilometre | 2.21 million SLC per square kilometre | 10 |
| 2010s | 2.39 million SLC per square kilometre | 2 million SLC per square kilometre | 3.32 million SLC per square kilometre | 10 |
| 2020s | 4.4 million SLC per square kilometre | 3.71 million SLC per square kilometre | 4.93 million SLC per square kilometre | 4 |
Countries ranked near Cayman Islands
- 73 United Arab Emirates 5.45 million SLC per square kilometre compare
- 74 Switzerland 5.13 million SLC per square kilometre compare
- 75 Barbados 5.05 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
- 79 Antigua and Barbuda 4.67 million SLC per square kilometre compare
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.18 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -23,390 BoP, current US$ per person (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.2243 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps -1.74 billion BoP, current US$ (2024)
- Gross value added at basic prices (GVA) 5.96 billion constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 23.72 million constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 29.29 million current LCU (2024)
- Inflation, consumer prices -0.6% (2016)
- Total reserves minus gold 252.10 million current US$ (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, per in Cayman Islands?
- Gross fixed capital formation — value standard local currency, per in Cayman Islands was 4.93 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 Cayman Islands?
- The highest recorded value was 4.93 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Cayman Islands?
- The lowest recorded value was 0.0156 million SLC per square kilometre in 1970.
- How does Cayman Islands rank for gross fixed capital formation — value standard local currency, per?
- Cayman Islands ranks 76th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Cayman Islands?
- Over the last ten years it is up 132.7%. The long-run trend across the full record is volatile.
- Where does this Cayman Islands 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.