Gross Fixed Capital Formation — Value Standard Local Currency, per in Grenada

Grenada: Gross Fixed Capital Formation — Value Standard Local Currency, per was 4.64 million SLC per square kilometre in 2023. ◆ Volatile

Latest (2023)
4.64 million SLC per square kilometre
Change on year
up 64.1%
World rank
80th
of 194 countries
All-time high
4.64 million SLC per square kilometre
in 2023
All-time low
0.0212 million SLC per square kilometre
in 1975
Years of data
54
1970–2023

Gross Fixed Capital Formation — Value Standard Local Currency, per in Grenada, 1970–2023

012345197019962023

Source: Statizoid (derived). Measured in million SLC per square kilometre.

Analysis

In 2023, gross fixed capital formation — value standard local currency, per in Grenada stood at 4.64 million SLC per square kilometre. That is the highest value across all 54 years on record.

The figure is up 64.1% on the previous year and up 246.6% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, per in Grenada peaked at 4.64 million SLC per square kilometre in 2023 and was at its lowest, 0.0212 million SLC per square kilometre, in 1975.

Grenada ranks 80th 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 Grenada, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, per square kilometre in Grenada, 1970 to 2023.
Year million SLC per square kilometre Change
1970 0.0213 million SLC per square kilometre
1971 0.0264 million SLC per square kilometre +24.1%
1972 0.0287 million SLC per square kilometre +8.8%
1973 0.0511 million SLC per square kilometre +77.8%
1974 0.0457 million SLC per square kilometre -10.5%
1975 0.0212 million SLC per square kilometre -53.7%
1976 0.046 million SLC per square kilometre +117.5%
1977 0.1263 million SLC per square kilometre +174.4%
1978 0.1546 million SLC per square kilometre +22.4%
1979 0.2031 million SLC per square kilometre +31.4%
1980 0.1826 million SLC per square kilometre -10.1%
1981 0.3157 million SLC per square kilometre +72.9%
1982 0.3715 million SLC per square kilometre +17.7%
1983 0.3701 million SLC per square kilometre -0.4%
1984 0.2772 million SLC per square kilometre -25.1%
1985 0.3365 million SLC per square kilometre +21.4%
1986 0.4058 million SLC per square kilometre +20.6%
1987 0.4907 million SLC per square kilometre +20.9%
1988 0.5561 million SLC per square kilometre +13.3%
1989 0.6286 million SLC per square kilometre +13.0%
1990 0.7294 million SLC per square kilometre +16.0%
1991 0.7859 million SLC per square kilometre +7.7%
1992 0.5746 million SLC per square kilometre -26.9%
1993 0.5968 million SLC per square kilometre +3.9%
1994 0.6327 million SLC per square kilometre +6.0%
1995 0.6705 million SLC per square kilometre +6.0%
1996 0.906 million SLC per square kilometre +35.1%
1997 1.01 million SLC per square kilometre +11.0%
1998 1.11 million SLC per square kilometre +10.5%
1999 1.32 million SLC per square kilometre +18.9%
2000 1.57 million SLC per square kilometre +18.5%
2001 1.25 million SLC per square kilometre -19.9%
2002 1.19 million SLC per square kilometre -5.3%
2003 1.61 million SLC per square kilometre +35.7%
2004 1.67 million SLC per square kilometre +3.9%
2005 2.56 million SLC per square kilometre +52.9%
2006 1.98 million SLC per square kilometre -22.7%
2007 2.13 million SLC per square kilometre +7.9%
2008 2.04 million SLC per square kilometre -4.5%
2009 1.47 million SLC per square kilometre -28.1%
2010 1.35 million SLC per square kilometre -8.0%
2011 1.23 million SLC per square kilometre -8.7%
2012 1.04 million SLC per square kilometre -15.7%
2013 1.34 million SLC per square kilometre +29.0%
2014 1.28 million SLC per square kilometre -4.7%
2015 1.53 million SLC per square kilometre +19.6%
2016 1.61 million SLC per square kilometre +5.5%
2017 2.03 million SLC per square kilometre +25.8%
2018 2.25 million SLC per square kilometre +11.0%
2019 2.4 million SLC per square kilometre +6.7%
2020 2.69 million SLC per square kilometre +11.9%
2021 2.68 million SLC per square kilometre -0.1%
2022 2.83 million SLC per square kilometre +5.3%
2023 4.64 million SLC per square kilometre +64.1%

Grenada compared with similar countries

  • Grenada's 4.64 million SLC per square kilometre is above the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 2.2× the median. (54 countries reporting)
  • Grenada's 4.64 million SLC per square kilometre is above the median for Latin America & Caribbean, which is 2.91 million SLC per square kilometre, 1.6× the median. (38 countries reporting)

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value Standard Local Currency, per in Grenada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1977 +174.4% 0.046 million SLC per square kilometre 0.1263 million SLC per square kilometre
1976 +117.5% 0.0212 million SLC per square kilometre 0.046 million SLC per square kilometre

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0724 million SLC per square kilometre 0.0212 million SLC per square kilometre 0.2031 million SLC per square kilometre 10
1980s 0.3935 million SLC per square kilometre 0.1826 million SLC per square kilometre 0.6286 million SLC per square kilometre 10
1990s 0.8334 million SLC per square kilometre 0.5746 million SLC per square kilometre 1.32 million SLC per square kilometre 10
2000s 1.75 million SLC per square kilometre 1.19 million SLC per square kilometre 2.56 million SLC per square kilometre 10
2010s 1.6 million SLC per square kilometre 1.04 million SLC per square kilometre 2.4 million SLC per square kilometre 10
2020s 3.21 million SLC per square kilometre 2.68 million SLC per square kilometre 4.64 million SLC per square kilometre 4

Countries ranked near Grenada

  1. 77 Belgium 4.79 million SLC per square kilometre compare
  2. 78 Algeria 4.69 million SLC per square kilometre compare
  3. 79 Antigua and Barbuda 4.67 million SLC per square kilometre compare
  4. 81 Angola 4.6 million SLC per square kilometre compare
  5. 82 Kenya 4.48 million SLC per square kilometre compare
  6. 83 Trinidad and Tobago 4.26 million SLC per square kilometre compare

See the full ranking of 194 places →

More economy & growth data for Grenada

All data for Grenada →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, per in Grenada?
Gross fixed capital formation — value standard local currency, per in Grenada was 4.64 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 Grenada?
The highest recorded value was 4.64 million SLC per square kilometre in 2023.
What is the lowest gross fixed capital formation — value standard local currency, per recorded in Grenada?
The lowest recorded value was 0.0212 million SLC per square kilometre in 1975.
How does Grenada rank for gross fixed capital formation — value standard local currency, per?
Grenada ranks 80th out of 194 countries with data for 2023.
Is gross fixed capital formation — value standard local currency, per rising or falling in Grenada?
Over the last ten years it is up 246.6%. The long-run trend across the full record is volatile.
Where does this Grenada 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.

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Gross Fixed Capital Formation — Value Standard Local Currency, per in Grenada. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-per-square-kilometre/grenada/

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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

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

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, per square kilometre
Unit
million SLC per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,587 data points, 1970–2023
Last refreshed

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.