Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Cayman Islands
Cayman Islands: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 4.8 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
4.8 million USD per square kilometre
Change on year
up 7.0%
World rank
11th
of 194 countries
All-time high
4.8 million USD per square kilometre
in 2023
All-time low
0.2155 million USD per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Cayman Islands, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices, per square in Cayman Islands is 4.8 million USD per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
That represents a change of up 7.0% on the previous year and up 84.5% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Cayman Islands peaked at 4.8 million USD per square kilometre in 2023 and was at its lowest, 0.2155 million USD per square kilometre, in 1970.
Cayman Islands ranks 11th of 194 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Cayman Islands, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.2155 million USD per square kilometre | — |
| 1971 | 0.2223 million USD per square kilometre | +3.2% |
| 1972 | 0.2402 million USD per square kilometre | +8.1% |
| 1973 | 0.2745 million USD per square kilometre | +14.3% |
| 1974 | 0.3025 million USD per square kilometre | +10.2% |
| 1975 | 0.3319 million USD per square kilometre | +9.7% |
| 1976 | 0.3645 million USD per square kilometre | +9.8% |
| 1977 | 0.3999 million USD per square kilometre | +9.7% |
| 1978 | 0.4391 million USD per square kilometre | +9.8% |
| 1979 | 0.4915 million USD per square kilometre | +11.9% |
| 1980 | 0.5278 million USD per square kilometre | +7.4% |
| 1981 | 0.5817 million USD per square kilometre | +10.2% |
| 1982 | 0.6359 million USD per square kilometre | +9.3% |
| 1983 | 0.721 million USD per square kilometre | +13.4% |
| 1984 | 0.8652 million USD per square kilometre | +20.0% |
| 1985 | 0.7079 million USD per square kilometre | -18.2% |
| 1986 | 0.8783 million USD per square kilometre | +24.1% |
| 1987 | 0.9176 million USD per square kilometre | +4.5% |
| 1988 | 1.21 million USD per square kilometre | +31.4% |
| 1989 | 1.21 million USD per square kilometre | +0.0% |
| 1990 | 1.25 million USD per square kilometre | +3.3% |
| 1991 | 1.28 million USD per square kilometre | +3.2% |
| 1992 | 1.32 million USD per square kilometre | +3.1% |
| 1993 | 1.39 million USD per square kilometre | +4.8% |
| 1994 | 1.46 million USD per square kilometre | +5.3% |
| 1995 | 1.53 million USD per square kilometre | +4.8% |
| 1996 | 1.61 million USD per square kilometre | +5.0% |
| 1997 | 1.7 million USD per square kilometre | +5.5% |
| 1998 | 2.21 million USD per square kilometre | +30.3% |
| 1999 | 2.28 million USD per square kilometre | +3.4% |
| 2000 | 2.31 million USD per square kilometre | +1.0% |
| 2001 | 2.32 million USD per square kilometre | +0.6% |
| 2002 | 2.36 million USD per square kilometre | +1.7% |
| 2003 | 2.41 million USD per square kilometre | +2.0% |
| 2004 | 2.43 million USD per square kilometre | +0.9% |
| 2005 | 2.59 million USD per square kilometre | +6.5% |
| 2006 | 2.71 million USD per square kilometre | +4.6% |
| 2007 | 2.73 million USD per square kilometre | +0.8% |
| 2008 | 2.78 million USD per square kilometre | +2.0% |
| 2009 | 2.58 million USD per square kilometre | -7.3% |
| 2010 | 2.51 million USD per square kilometre | -2.7% |
| 2011 | 2.55 million USD per square kilometre | +1.4% |
| 2012 | 2.56 million USD per square kilometre | +0.7% |
| 2013 | 2.6 million USD per square kilometre | +1.5% |
| 2014 | 2.7 million USD per square kilometre | +3.6% |
| 2015 | 2.69 million USD per square kilometre | -0.3% |
| 2016 | 2.84 million USD per square kilometre | +5.7% |
| 2017 | 2.98 million USD per square kilometre | +4.9% |
| 2018 | 3.51 million USD per square kilometre | +17.6% |
| 2019 | 3.67 million USD per square kilometre | +4.6% |
| 2020 | 3.97 million USD per square kilometre | +8.1% |
| 2021 | 4.47 million USD per square kilometre | +12.6% |
| 2022 | 4.49 million USD per square kilometre | +0.5% |
| 2023 | 4.8 million USD per square kilometre | +7.0% |
Cayman Islands compared with similar countries
- Cayman Islands's 4.8 million USD per square kilometre is above the median for high income countries, which is 0.6883 million USD per square kilometre, 7.0× the median. (73 countries reporting)
- Cayman Islands's 4.8 million USD per square kilometre is above the median for Latin America & Caribbean, which is 0.2391 million USD per square kilometre, 20.1× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3282 million USD per square kilometre | 0.2155 million USD per square kilometre | 0.4915 million USD per square kilometre | 10 |
| 1980s | 0.8247 million USD per square kilometre | 0.5278 million USD per square kilometre | 1.21 million USD per square kilometre | 10 |
| 1990s | 1.6 million USD per square kilometre | 1.25 million USD per square kilometre | 2.28 million USD per square kilometre | 10 |
| 2000s | 2.52 million USD per square kilometre | 2.31 million USD per square kilometre | 2.78 million USD per square kilometre | 10 |
| 2010s | 2.86 million USD per square kilometre | 2.51 million USD per square kilometre | 3.67 million USD per square kilometre | 10 |
| 2020s | 4.43 million USD per square kilometre | 3.97 million USD per square kilometre | 4.8 million USD per square kilometre | 4 |
Countries ranked near Cayman Islands
- 8 Qatar 8.09 million USD per square kilometre compare
- 9 San Marino 5.2 million USD per square kilometre compare
- 10 Switzerland 5.03 million USD per square kilometre compare
- 12 Luxembourg 4.66 million USD per square kilometre compare
- 13 Israel 4.61 million USD per square kilometre compare
- 14 Belgium 4.15 million USD per square kilometre compare
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.18 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -23,390 BoP, current US$ per person (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.2243 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps -1.74 billion BoP, current US$ (2024)
- Gross value added at basic prices (GVA) 5.96 billion constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 23.72 million constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 29.29 million current LCU (2024)
- Inflation, consumer prices -0.6% (2016)
- Total reserves minus gold 252.10 million current US$ (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Cayman Islands?
- Gross fixed capital formation — value us$, 2015 prices, per square in Cayman Islands was 4.8 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Cayman Islands?
- The highest recorded value was 4.8 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Cayman Islands?
- The lowest recorded value was 0.2155 million USD per square kilometre in 1970.
- How does Cayman Islands rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Cayman Islands ranks 11th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Cayman Islands?
- Over the last ten years it is up 84.5%. The long-run trend across the full record is volatile.
- Where does this Cayman 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.