Gross Fixed Capital Formation — Value Standard Local Currency, per in Jamaica
Jamaica: Gross Fixed Capital Formation — Value Standard Local Currency, per was 65.9 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
65.9 million SLC per square kilometre
Change on year
up 15.5%
World rank
25th
of 194 countries
All-time high
65.9 million SLC per square kilometre
in 2023
All-time low
0.0319 million SLC per square kilometre
in 1977
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per 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, per in Jamaica is 65.9 million SLC per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
That represents a change of up 15.5% on the previous year and up 137.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Jamaica peaked at 65.9 million SLC per square kilometre in 2023 and was at its lowest, 0.0319 million SLC per square kilometre, in 1977.
That places Jamaica 25th out of 194 countries with data for 2023, putting it in the top quarter.
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 Jamaica, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0335 million SLC per square kilometre | — |
| 1971 | 0.0325 million SLC per square kilometre | -3.1% |
| 1972 | 0.0335 million SLC per square kilometre | +3.0% |
| 1973 | 0.0409 million SLC per square kilometre | +22.2% |
| 1974 | 0.0436 million SLC per square kilometre | +6.7% |
| 1975 | 0.0556 million SLC per square kilometre | +27.5% |
| 1976 | 0.0411 million SLC per square kilometre | -26.0% |
| 1977 | 0.0319 million SLC per square kilometre | -22.5% |
| 1978 | 0.0455 million SLC per square kilometre | +42.7% |
| 1979 | 0.0683 million SLC per square kilometre | +49.9% |
| 1980 | 0.063 million SLC per square kilometre | -7.8% |
| 1981 | 0.087 million SLC per square kilometre | +38.2% |
| 1982 | 0.1066 million SLC per square kilometre | +22.4% |
| 1983 | 0.1311 million SLC per square kilometre | +23.0% |
| 1984 | 0.1807 million SLC per square kilometre | +37.9% |
| 1985 | 0.2455 million SLC per square kilometre | +35.8% |
| 1986 | 0.2219 million SLC per square kilometre | -9.6% |
| 1987 | 0.3235 million SLC per square kilometre | +45.8% |
| 1988 | 0.444 million SLC per square kilometre | +37.3% |
| 1989 | 0.5966 million SLC per square kilometre | +34.4% |
| 1990 | 0.7631 million SLC per square kilometre | +27.9% |
| 1991 | 1.08 million SLC per square kilometre | +41.4% |
| 1992 | 2.19 million SLC per square kilometre | +102.6% |
| 1993 | 3.08 million SLC per square kilometre | +41.0% |
| 1994 | 3.98 million SLC per square kilometre | +29.2% |
| 1995 | 5.32 million SLC per square kilometre | +33.5% |
| 1996 | 6.42 million SLC per square kilometre | +20.8% |
| 1997 | 7.02 million SLC per square kilometre | +9.3% |
| 1998 | 6.66 million SLC per square kilometre | -5.1% |
| 1999 | 6.76 million SLC per square kilometre | +1.5% |
| 2000 | 8.29 million SLC per square kilometre | +22.7% |
| 2001 | 10.05 million SLC per square kilometre | +21.2% |
| 2002 | 11.81 million SLC per square kilometre | +17.5% |
| 2003 | 13.11 million SLC per square kilometre | +11.1% |
| 2004 | 15.16 million SLC per square kilometre | +15.6% |
| 2005 | 17.29 million SLC per square kilometre | +14.0% |
| 2006 | 20.33 million SLC per square kilometre | +17.6% |
| 2007 | 21.37 million SLC per square kilometre | +5.1% |
| 2008 | 22.07 million SLC per square kilometre | +3.3% |
| 2009 | 20.52 million SLC per square kilometre | -7.1% |
| 2010 | 21.18 million SLC per square kilometre | +3.2% |
| 2011 | 23.99 million SLC per square kilometre | +13.3% |
| 2012 | 23.83 million SLC per square kilometre | -0.7% |
| 2013 | 27.75 million SLC per square kilometre | +16.5% |
| 2014 | 31.35 million SLC per square kilometre | +13.0% |
| 2015 | 32.51 million SLC per square kilometre | +3.7% |
| 2016 | 34.46 million SLC per square kilometre | +6.0% |
| 2017 | 38.73 million SLC per square kilometre | +12.4% |
| 2018 | 43.58 million SLC per square kilometre | +12.5% |
| 2019 | 46.95 million SLC per square kilometre | +7.7% |
| 2020 | 35.18 million SLC per square kilometre | -25.1% |
| 2021 | 37.28 million SLC per square kilometre | +6.0% |
| 2022 | 57.08 million SLC per square kilometre | +53.1% |
| 2023 | 65.9 million SLC per square kilometre | +15.5% |
Jamaica compared with similar countries
- Jamaica's 65.9 million SLC per square kilometre is above the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 31.5× the median. (54 countries reporting)
- Jamaica's 65.9 million SLC per square kilometre is above the median for Latin America & Caribbean, which is 2.91 million SLC per square kilometre, 22.6× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0426 million SLC per square kilometre | 0.0319 million SLC per square kilometre | 0.0683 million SLC per square kilometre | 10 |
| 1980s | 0.24 million SLC per square kilometre | 0.063 million SLC per square kilometre | 0.5966 million SLC per square kilometre | 10 |
| 1990s | 4.33 million SLC per square kilometre | 0.7631 million SLC per square kilometre | 7.02 million SLC per square kilometre | 10 |
| 2000s | 16 million SLC per square kilometre | 8.29 million SLC per square kilometre | 22.07 million SLC per square kilometre | 10 |
| 2010s | 32.43 million SLC per square kilometre | 21.18 million SLC per square kilometre | 46.95 million SLC per square kilometre | 10 |
| 2020s | 48.86 million SLC per square kilometre | 35.18 million SLC per square kilometre | 65.9 million SLC per square kilometre | 4 |
Countries ranked near Jamaica
- 22 Sri Lanka 80.76 million SLC per square kilometre compare
- 23 Mauritius 76.76 million SLC per square kilometre compare
- 24 Armenia 69.97 million SLC per square kilometre compare
- 26 Iraq 65.59 million SLC per square kilometre compare
- 27 Myanmar 65.49 million SLC per square kilometre compare
- 28 Syria 63.57 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, per in Jamaica?
- Gross fixed capital formation — value standard local currency, per in Jamaica was 65.9 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 Jamaica?
- The highest recorded value was 65.9 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Jamaica?
- The lowest recorded value was 0.0319 million SLC per square kilometre in 1977.
- How does Jamaica rank for gross fixed capital formation — value standard local currency, per?
- Jamaica ranks 25th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Jamaica?
- Over the last ten years it is up 137.5%. The long-run trend across the full record is volatile.
- 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, 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.