Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Ireland
Ireland: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 1.51 million USD per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Ireland, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
Ireland recorded 1.51 million USD per square kilometre for gross fixed capital formation — value us$, 2015 prices, per square in 2023.
Compared with earlier readings it is up 2.8% on the previous year and up 163.5% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Ireland peaked at 2.81 million USD per square kilometre in 2019 and was at its lowest, 0.1234 million USD per square kilometre, in 1970.
Ireland ranks 28th of 194 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Ireland, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.1234 million USD per square kilometre | — |
| 1971 | 0.1344 million USD per square kilometre | +8.9% |
| 1972 | 0.145 million USD per square kilometre | +7.8% |
| 1973 | 0.1684 million USD per square kilometre | +16.2% |
| 1974 | 0.1488 million USD per square kilometre | -11.6% |
| 1975 | 0.1435 million USD per square kilometre | -3.6% |
| 1976 | 0.1629 million USD per square kilometre | +13.6% |
| 1977 | 0.1695 million USD per square kilometre | +4.1% |
| 1978 | 0.2015 million USD per square kilometre | +18.9% |
| 1979 | 0.2289 million USD per square kilometre | +13.6% |
| 1980 | 0.2181 million USD per square kilometre | -4.7% |
| 1981 | 0.2389 million USD per square kilometre | +9.5% |
| 1982 | 0.2308 million USD per square kilometre | -3.4% |
| 1983 | 0.2094 million USD per square kilometre | -9.3% |
| 1984 | 0.2041 million USD per square kilometre | -2.5% |
| 1985 | 0.1883 million USD per square kilometre | -7.7% |
| 1986 | 0.1831 million USD per square kilometre | -2.8% |
| 1987 | 0.181 million USD per square kilometre | -1.1% |
| 1988 | 0.1905 million USD per square kilometre | +5.2% |
| 1989 | 0.2098 million USD per square kilometre | +10.1% |
| 1990 | 0.2379 million USD per square kilometre | +13.4% |
| 1991 | 0.2213 million USD per square kilometre | -7.0% |
| 1992 | 0.2212 million USD per square kilometre | -0.0% |
| 1993 | 0.21 million USD per square kilometre | -5.1% |
| 1994 | 0.2348 million USD per square kilometre | +11.8% |
| 1995 | 0.2719 million USD per square kilometre | +15.8% |
| 1996 | 0.3166 million USD per square kilometre | +16.4% |
| 1997 | 0.3666 million USD per square kilometre | +15.8% |
| 1998 | 0.4159 million USD per square kilometre | +13.4% |
| 1999 | 0.4744 million USD per square kilometre | +14.1% |
| 2000 | 0.4984 million USD per square kilometre | +5.1% |
| 2001 | 0.5274 million USD per square kilometre | +5.8% |
| 2002 | 0.5567 million USD per square kilometre | +5.6% |
| 2003 | 0.6011 million USD per square kilometre | +8.0% |
| 2004 | 0.6598 million USD per square kilometre | +9.8% |
| 2005 | 0.7708 million USD per square kilometre | +16.8% |
| 2006 | 0.8264 million USD per square kilometre | +7.2% |
| 2007 | 0.8267 million USD per square kilometre | +0.0% |
| 2008 | 0.7309 million USD per square kilometre | -11.6% |
| 2009 | 0.6072 million USD per square kilometre | -16.9% |
| 2010 | 0.5159 million USD per square kilometre | -15.0% |
| 2011 | 0.5157 million USD per square kilometre | -0.0% |
| 2012 | 0.5998 million USD per square kilometre | +16.3% |
| 2013 | 0.5747 million USD per square kilometre | -4.2% |
| 2014 | 0.6847 million USD per square kilometre | +19.1% |
| 2015 | 1.07 million USD per square kilometre | +55.6% |
| 2016 | 1.49 million USD per square kilometre | +39.9% |
| 2017 | 1.55 million USD per square kilometre | +3.7% |
| 2018 | 1.41 million USD per square kilometre | -9.1% |
| 2019 | 2.81 million USD per square kilometre | +99.7% |
| 2020 | 2.34 million USD per square kilometre | -16.5% |
| 2021 | 1.42 million USD per square kilometre | -39.4% |
| 2022 | 1.47 million USD per square kilometre | +3.7% |
| 2023 | 1.51 million USD per square kilometre | +2.8% |
Ireland compared with similar countries
- Ireland's 1.51 million USD per square kilometre is above the median for high income countries, which is 0.6883 million USD per square kilometre, 2.2× the median. (73 countries reporting)
- Ireland's 1.51 million USD per square kilometre is above the median for Europe & Central Asia, which is 0.2754 million USD per square kilometre, 5.5× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Ireland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +99.7% | 1.41 million USD per square kilometre | 2.81 million USD per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1626 million USD per square kilometre | 0.1234 million USD per square kilometre | 0.2289 million USD per square kilometre | 10 |
| 1980s | 0.2054 million USD per square kilometre | 0.181 million USD per square kilometre | 0.2389 million USD per square kilometre | 10 |
| 1990s | 0.2971 million USD per square kilometre | 0.21 million USD per square kilometre | 0.4744 million USD per square kilometre | 10 |
| 2000s | 0.6606 million USD per square kilometre | 0.4984 million USD per square kilometre | 0.8267 million USD per square kilometre | 10 |
| 2010s | 1.12 million USD per square kilometre | 0.5157 million USD per square kilometre | 2.81 million USD per square kilometre | 10 |
| 2020s | 1.69 million USD per square kilometre | 1.42 million USD per square kilometre | 2.34 million USD per square kilometre | 4 |
Countries ranked near Ireland
- 25 Italy 1.59 million USD per square kilometre compare
- 26 Nauru 1.58 million USD per square kilometre compare
- 27 Mauritius 1.53 million USD per square kilometre compare
- 29 Grenada 1.49 million USD per square kilometre compare
- 30 Puerto Rico 1.47 million USD per square kilometre compare
- 31 United Arab Emirates 1.44 million USD per square kilometre compare
More economy & growth data for Ireland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.52 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 67.14 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.1102 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 12,444 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.82 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 103.44 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0079 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 893.09 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 7.57 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Ireland?
- Gross fixed capital formation — value us$, 2015 prices, per square in Ireland was 1.51 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Ireland?
- The highest recorded value was 2.81 million USD per square kilometre in 2019.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Ireland?
- The lowest recorded value was 0.1234 million USD per square kilometre in 1970.
- How does Ireland rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Ireland ranks 28th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Ireland?
- Over the last ten years it is up 163.5%. The long-run trend across the full record is volatile.
- Where does this Ireland data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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.