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

Ireland: Gross Fixed Capital Formation — Value Standard Local Currency, per was 1.71 million SLC per square kilometre in 2023. ◆ Volatile

Latest (2023)
1.71 million SLC per square kilometre
Change on year
up 7.2%
World rank
115th
of 194 countries
All-time high
2.81 million SLC per square kilometre
in 2019
All-time low
0.0076 million SLC per square kilometre
in 1970
Years of data
54
1970–2023

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

0123197019962023

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

Analysis

Ireland recorded 1.71 million SLC per square kilometre for gross fixed capital formation — value standard local currency, per in 2023.

That represents a change of up 7.2% on the previous year and up 252.2% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, per in Ireland peaked at 2.81 million SLC per square kilometre in 2019 and was at its lowest, 0.0076 million SLC per square kilometre, in 1970.

Ireland ranks 115th 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 Ireland, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, per square kilometre in Ireland, 1970 to 2023.
Year million SLC per square kilometre Change
1970 0.0076 million SLC per square kilometre
1971 0.009 million SLC per square kilometre +18.9%
1972 0.0109 million SLC per square kilometre +20.9%
1973 0.014 million SLC per square kilometre +28.8%
1974 0.0152 million SLC per square kilometre +7.9%
1975 0.0177 million SLC per square kilometre +17.1%
1976 0.024 million SLC per square kilometre +35.1%
1977 0.0291 million SLC per square kilometre +21.3%
1978 0.0385 million SLC per square kilometre +32.3%
1979 0.0497 million SLC per square kilometre +29.2%
1980 0.0551 million SLC per square kilometre +10.9%
1981 0.0694 million SLC per square kilometre +25.8%
1982 0.073 million SLC per square kilometre +5.3%
1983 0.0704 million SLC per square kilometre -3.6%
1984 0.0724 million SLC per square kilometre +2.8%
1985 0.0697 million SLC per square kilometre -3.7%
1986 0.0699 million SLC per square kilometre +0.2%
1987 0.0706 million SLC per square kilometre +1.1%
1988 0.0781 million SLC per square kilometre +10.6%
1989 0.091 million SLC per square kilometre +16.5%
1990 0.1056 million SLC per square kilometre +16.0%
1991 0.1003 million SLC per square kilometre -5.0%
1992 0.1048 million SLC per square kilometre +4.5%
1993 0.1041 million SLC per square kilometre -0.7%
1994 0.1195 million SLC per square kilometre +14.8%
1995 0.1437 million SLC per square kilometre +20.2%
1996 0.173 million SLC per square kilometre +20.4%
1997 0.212 million SLC per square kilometre +22.6%
1998 0.263 million SLC per square kilometre +24.0%
1999 0.3253 million SLC per square kilometre +23.7%
2000 0.3737 million SLC per square kilometre +14.9%
2001 0.4244 million SLC per square kilometre +13.5%
2002 0.4658 million SLC per square kilometre +9.8%
2003 0.5263 million SLC per square kilometre +13.0%
2004 0.6111 million SLC per square kilometre +16.1%
2005 0.7374 million SLC per square kilometre +20.7%
2006 0.8317 million SLC per square kilometre +12.8%
2007 0.8214 million SLC per square kilometre -1.2%
2008 0.6754 million SLC per square kilometre -17.8%
2009 0.5206 million SLC per square kilometre -22.9%
2010 0.4272 million SLC per square kilometre -18.0%
2011 0.4165 million SLC per square kilometre -2.5%
2012 0.5001 million SLC per square kilometre +20.1%
2013 0.4855 million SLC per square kilometre -2.9%
2014 0.5883 million SLC per square kilometre +21.2%
2015 0.9602 million SLC per square kilometre +63.2%
2016 1.37 million SLC per square kilometre +42.3%
2017 1.45 million SLC per square kilometre +6.4%
2018 1.36 million SLC per square kilometre -6.6%
2019 2.81 million SLC per square kilometre +107.0%
2020 2.29 million SLC per square kilometre -18.5%
2021 1.43 million SLC per square kilometre -37.5%
2022 1.6 million SLC per square kilometre +11.4%
2023 1.71 million SLC per square kilometre +7.2%

Ireland compared with similar countries

  • Ireland's 1.71 million SLC per square kilometre is below the median for high income countries, which is 2.4 million SLC per square kilometre, 71% of the median. (73 countries reporting)
  • Ireland's 1.71 million SLC per square kilometre is below the median for Europe & Central Asia, which is 1.89 million SLC per square kilometre, 90% of the median. (52 countries reporting)

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value Standard Local Currency, per in Ireland 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
2019 +107.0% 1.36 million SLC per square kilometre 2.81 million SLC per square kilometre

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0216 million SLC per square kilometre 0.0076 million SLC per square kilometre 0.0497 million SLC per square kilometre 10
1980s 0.072 million SLC per square kilometre 0.0551 million SLC per square kilometre 0.091 million SLC per square kilometre 10
1990s 0.1651 million SLC per square kilometre 0.1003 million SLC per square kilometre 0.3253 million SLC per square kilometre 10
2000s 0.5988 million SLC per square kilometre 0.3737 million SLC per square kilometre 0.8317 million SLC per square kilometre 10
2010s 1.04 million SLC per square kilometre 0.4165 million SLC per square kilometre 2.81 million SLC per square kilometre 10
2020s 1.76 million SLC per square kilometre 1.43 million SLC per square kilometre 2.29 million SLC per square kilometre 4

Countries ranked near Ireland

  1. 112 Honduras 1.83 million SLC per square kilometre compare
  2. 113 Puerto Rico 1.82 million SLC per square kilometre compare
  3. 114 Chad 1.76 million SLC per square kilometre compare
  4. 116 Italy 1.63 million SLC per square kilometre compare
  5. 117 Ethiopia 1.61 million SLC per square kilometre compare
  6. 118 Austria 1.48 million SLC per square kilometre compare

See the full ranking of 194 places →

More economy & growth data for Ireland

All data for Ireland →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, per in Ireland?
Gross fixed capital formation — value standard local currency, per in Ireland was 1.71 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 Ireland?
The highest recorded value was 2.81 million SLC per square kilometre in 2019.
What is the lowest gross fixed capital formation — value standard local currency, per recorded in Ireland?
The lowest recorded value was 0.0076 million SLC per square kilometre in 1970.
How does Ireland rank for gross fixed capital formation — value standard local currency, per?
Ireland ranks 115th out of 194 countries with data for 2023.
Is gross fixed capital formation — value standard local currency, per rising or falling in Ireland?
Over the last ten years it is up 252.2%. The long-run trend across the full record is volatile.
Where does this Ireland 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 Ireland. 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/ireland/

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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.