Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Barbados
Barbados: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 2.09 million USD per square kilometre in 2023. ▲ Rising
Latest (2023)
2.09 million USD per square kilometre
Change on year
down 0.6%
World rank
21st
of 194 countries
All-time high
2.14 million USD per square kilometre
in 2006
All-time low
0.5962 million USD per square kilometre
in 1992
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Barbados, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
Barbados recorded 2.09 million USD per square kilometre for gross fixed capital formation — value us$, 2015 prices, per square in 2023.
The figure is down 0.6% on the previous year and up 3.6% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Barbados peaked at 2.14 million USD per square kilometre in 2006 and was at its lowest, 0.5962 million USD per square kilometre, in 1992.
That places Barbados 21st out of 194 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Barbados, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.8521 million USD per square kilometre | — |
| 1971 | 0.7327 million USD per square kilometre | -14.0% |
| 1972 | 0.748 million USD per square kilometre | +2.1% |
| 1973 | 0.7371 million USD per square kilometre | -1.5% |
| 1974 | 0.8348 million USD per square kilometre | +13.3% |
| 1975 | 0.8274 million USD per square kilometre | -0.9% |
| 1976 | 1.12 million USD per square kilometre | +35.7% |
| 1977 | 0.9478 million USD per square kilometre | -15.6% |
| 1978 | 1.16 million USD per square kilometre | +22.6% |
| 1979 | 1.11 million USD per square kilometre | -4.1% |
| 1980 | 1.2 million USD per square kilometre | +7.5% |
| 1981 | 1.4 million USD per square kilometre | +16.7% |
| 1982 | 1.12 million USD per square kilometre | -20.2% |
| 1983 | 0.9662 million USD per square kilometre | -13.5% |
| 1984 | 0.8396 million USD per square kilometre | -13.1% |
| 1985 | 0.7781 million USD per square kilometre | -7.3% |
| 1986 | 0.8735 million USD per square kilometre | +12.3% |
| 1987 | 0.9173 million USD per square kilometre | +5.0% |
| 1988 | 1.01 million USD per square kilometre | +9.7% |
| 1989 | 1.13 million USD per square kilometre | +12.5% |
| 1990 | 1.06 million USD per square kilometre | -6.5% |
| 1991 | 1.06 million USD per square kilometre | +0.5% |
| 1992 | 0.5962 million USD per square kilometre | -43.9% |
| 1993 | 0.7521 million USD per square kilometre | +26.2% |
| 1994 | 1.01 million USD per square kilometre | +34.8% |
| 1995 | 0.9685 million USD per square kilometre | -4.5% |
| 1996 | 1.05 million USD per square kilometre | +8.0% |
| 1997 | 1.57 million USD per square kilometre | +50.0% |
| 1998 | 1.86 million USD per square kilometre | +18.8% |
| 1999 | 1.78 million USD per square kilometre | -4.4% |
| 2000 | 1.7 million USD per square kilometre | -4.7% |
| 2001 | 1.64 million USD per square kilometre | -3.4% |
| 2002 | 2.05 million USD per square kilometre | +25.1% |
| 2003 | 1.56 million USD per square kilometre | -23.8% |
| 2004 | 1.65 million USD per square kilometre | +5.2% |
| 2005 | 1.7 million USD per square kilometre | +3.3% |
| 2006 | 2.14 million USD per square kilometre | +25.9% |
| 2007 | 1.89 million USD per square kilometre | -11.7% |
| 2008 | 1.88 million USD per square kilometre | -0.5% |
| 2009 | 1.56 million USD per square kilometre | -16.9% |
| 2010 | 1.98 million USD per square kilometre | +27.1% |
| 2011 | 2.12 million USD per square kilometre | +6.7% |
| 2012 | 2 million USD per square kilometre | -5.6% |
| 2013 | 2.02 million USD per square kilometre | +1.1% |
| 2014 | 2.02 million USD per square kilometre | +0.1% |
| 2015 | 2.05 million USD per square kilometre | +1.4% |
| 2016 | 2.02 million USD per square kilometre | -1.3% |
| 2017 | 1.93 million USD per square kilometre | -4.6% |
| 2018 | 1.74 million USD per square kilometre | -9.9% |
| 2019 | 1.78 million USD per square kilometre | +2.3% |
| 2020 | 1.88 million USD per square kilometre | +5.5% |
| 2021 | 1.8 million USD per square kilometre | -3.9% |
| 2022 | 2.1 million USD per square kilometre | +16.6% |
| 2023 | 2.09 million USD per square kilometre | -0.6% |
Barbados compared with similar countries
- Barbados's 2.09 million USD per square kilometre is above the median for high income countries, which is 0.6883 million USD per square kilometre, 3.0× the median. (73 countries reporting)
- Barbados's 2.09 million USD per square kilometre is above the median for Latin America & Caribbean, which is 0.2391 million USD per square kilometre, 8.7× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.9079 million USD per square kilometre | 0.7327 million USD per square kilometre | 1.16 million USD per square kilometre | 10 |
| 1980s | 1.02 million USD per square kilometre | 0.7781 million USD per square kilometre | 1.4 million USD per square kilometre | 10 |
| 1990s | 1.17 million USD per square kilometre | 0.5962 million USD per square kilometre | 1.86 million USD per square kilometre | 10 |
| 2000s | 1.78 million USD per square kilometre | 1.56 million USD per square kilometre | 2.14 million USD per square kilometre | 10 |
| 2010s | 1.97 million USD per square kilometre | 1.74 million USD per square kilometre | 2.12 million USD per square kilometre | 10 |
| 2020s | 1.97 million USD per square kilometre | 1.8 million USD per square kilometre | 2.1 million USD per square kilometre | 4 |
Countries ranked near Barbados
- 18 British Virgin Islands 2.52 million USD per square kilometre compare
- 19 United Kingdom 2.38 million USD per square kilometre compare
- 20 Germany 2.13 million USD per square kilometre compare
- 22 Denmark 1.92 million USD per square kilometre compare
- 23 Curacao 1.62 million USD per square kilometre compare
- 24 Kuwait 1.6 million USD 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Barbados?
- Gross fixed capital formation — value us$, 2015 prices, per square in Barbados was 2.09 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Barbados?
- The highest recorded value was 2.14 million USD per square kilometre in 2006.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Barbados?
- The lowest recorded value was 0.5962 million USD per square kilometre in 1992.
- How does Barbados rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Barbados ranks 21st out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Barbados?
- Over the last ten years it is up 3.6%. The long-run trend across the full record is rising.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 2015 prices 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.