Gross Fixed Capital Formation — Value US$, 2015 prices, per square in British Virgin Islands
British Virgin Islands: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 2.52 million USD per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in British Virgin Islands, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, 2015 prices, per square in British Virgin Islands stood at 2.52 million USD per square kilometre. That is the highest value across all 54 years on record.
The figure is up 2.8% on the previous year and up 25.9% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in British Virgin Islands peaked at 2.52 million USD per square kilometre in 2023 and was at its lowest, 0.1028 million USD per square kilometre, in 1977.
That places British Virgin Islands 18th out of 194 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in British Virgin Islands, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.2473 million USD per square kilometre | — |
| 1971 | 0.1866 million USD per square kilometre | -24.5% |
| 1972 | 0.1255 million USD per square kilometre | -32.8% |
| 1973 | 0.1373 million USD per square kilometre | +9.4% |
| 1974 | 0.1353 million USD per square kilometre | -1.5% |
| 1975 | 0.1443 million USD per square kilometre | +6.7% |
| 1976 | 0.113 million USD per square kilometre | -21.7% |
| 1977 | 0.1028 million USD per square kilometre | -9.1% |
| 1978 | 0.1077 million USD per square kilometre | +4.8% |
| 1979 | 0.174 million USD per square kilometre | +61.5% |
| 1980 | 0.2146 million USD per square kilometre | +23.3% |
| 1981 | 0.2375 million USD per square kilometre | +10.7% |
| 1982 | 0.2294 million USD per square kilometre | -3.4% |
| 1983 | 0.2516 million USD per square kilometre | +9.7% |
| 1984 | 0.2547 million USD per square kilometre | +1.3% |
| 1985 | 0.2545 million USD per square kilometre | -0.1% |
| 1986 | 0.2693 million USD per square kilometre | +5.8% |
| 1987 | 0.298 million USD per square kilometre | +10.6% |
| 1988 | 0.3089 million USD per square kilometre | +3.7% |
| 1989 | 0.3083 million USD per square kilometre | -0.2% |
| 1990 | 0.3876 million USD per square kilometre | +25.7% |
| 1991 | 0.4764 million USD per square kilometre | +22.9% |
| 1992 | 0.5943 million USD per square kilometre | +24.8% |
| 1993 | 0.7721 million USD per square kilometre | +29.9% |
| 1994 | 0.9659 million USD per square kilometre | +25.1% |
| 1995 | 1.21 million USD per square kilometre | +25.2% |
| 1996 | 1.26 million USD per square kilometre | +4.1% |
| 1997 | 1.44 million USD per square kilometre | +14.6% |
| 1998 | 1.67 million USD per square kilometre | +15.9% |
| 1999 | 1.71 million USD per square kilometre | +2.2% |
| 2000 | 1.85 million USD per square kilometre | +8.0% |
| 2001 | 1.93 million USD per square kilometre | +4.5% |
| 2002 | 1.86 million USD per square kilometre | -3.5% |
| 2003 | 1.63 million USD per square kilometre | -12.7% |
| 2004 | 1.69 million USD per square kilometre | +3.6% |
| 2005 | 1.93 million USD per square kilometre | +14.5% |
| 2006 | 1.94 million USD per square kilometre | +0.4% |
| 2007 | 1.95 million USD per square kilometre | +0.6% |
| 2008 | 1.95 million USD per square kilometre | +0.1% |
| 2009 | 1.97 million USD per square kilometre | +0.8% |
| 2010 | 2.01 million USD per square kilometre | +1.8% |
| 2011 | 1.95 million USD per square kilometre | -3.0% |
| 2012 | 1.93 million USD per square kilometre | -0.8% |
| 2013 | 2 million USD per square kilometre | +3.5% |
| 2014 | 2.03 million USD per square kilometre | +1.7% |
| 2015 | 2.04 million USD per square kilometre | +0.5% |
| 2016 | 2.15 million USD per square kilometre | +5.1% |
| 2017 | 2.14 million USD per square kilometre | -0.5% |
| 2018 | 2.25 million USD per square kilometre | +5.3% |
| 2019 | 2.41 million USD per square kilometre | +7.1% |
| 2020 | 2.33 million USD per square kilometre | -3.2% |
| 2021 | 2.39 million USD per square kilometre | +2.7% |
| 2022 | 2.45 million USD per square kilometre | +2.2% |
| 2023 | 2.52 million USD per square kilometre | +2.8% |
British Virgin Islands compared with similar countries
- British Virgin Islands's 2.52 million USD per square kilometre is above the median for high income countries, which is 0.6883 million USD per square kilometre, 3.7× the median. (73 countries reporting)
- British Virgin Islands's 2.52 million USD per square kilometre is above the median for Latin America & Caribbean, which is 0.2391 million USD per square kilometre, 10.5× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices, per square in British Virgin Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +61.5% | 0.1077 million USD per square kilometre | 0.174 million USD per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1474 million USD per square kilometre | 0.1028 million USD per square kilometre | 0.2473 million USD per square kilometre | 10 |
| 1980s | 0.2627 million USD per square kilometre | 0.2146 million USD per square kilometre | 0.3089 million USD per square kilometre | 10 |
| 1990s | 1.05 million USD per square kilometre | 0.3876 million USD per square kilometre | 1.71 million USD per square kilometre | 10 |
| 2000s | 1.87 million USD per square kilometre | 1.63 million USD per square kilometre | 1.97 million USD per square kilometre | 10 |
| 2010s | 2.09 million USD per square kilometre | 1.93 million USD per square kilometre | 2.41 million USD per square kilometre | 10 |
| 2020s | 2.42 million USD per square kilometre | 2.33 million USD per square kilometre | 2.52 million USD per square kilometre | 4 |
Countries ranked near British Virgin Islands
- 15 Maldives 3.37 million USD per square kilometre compare
- 16 Japan 3.06 million USD per square kilometre compare
- 17 Aruba 2.62 million USD per square kilometre compare
- 19 United Kingdom 2.38 million USD per square kilometre compare
- 20 Germany 2.13 million USD per square kilometre compare
- 21 Barbados 2.09 million USD per square kilometre compare
More economy & growth data for British Virgin Islands
- Foreign direct investment, net inflows (BoP, current US$), annual 34.37 % change on previous year (2024)
- Foreign direct investment, net outflows 59.45 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1.36 million BoP, current US$ per person (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps 59.45 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows 53.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.51 million BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 53.60 billion BoP, current US$ (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 23.93 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 23.86 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 23.86 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in British Virgin Islands?
- Gross fixed capital formation — value us$, 2015 prices, per square in British Virgin Islands was 2.52 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in British Virgin Islands?
- The highest recorded value was 2.52 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in British Virgin Islands?
- The lowest recorded value was 0.1028 million USD per square kilometre in 1977.
- How does British Virgin Islands rank for gross fixed capital formation — value us$, 2015 prices, per square?
- British Virgin Islands ranks 18th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in British Virgin Islands?
- Over the last ten years it is up 25.9%. The long-run trend across the full record is volatile.
- Where does this British Virgin Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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.