Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Jamaica
Jamaica: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.2797 million USD per square kilometre in 2023. ▲ Rising
Latest (2023)
0.2797 million USD per square kilometre
Change on year
down 2.2%
World rank
69th
of 194 countries
All-time high
0.3753 million USD per square kilometre
in 2006
All-time low
0.1141 million USD per square kilometre
in 1980
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Jamaica, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
Jamaica recorded 0.2797 million USD per square kilometre for gross fixed capital formation — value us$, 2015 prices, per square in 2023.
That represents a change of down 2.2% on the previous year and down 1.3% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Jamaica peaked at 0.3753 million USD per square kilometre in 2006 and was at its lowest, 0.1141 million USD per square kilometre, in 1980.
That places Jamaica 69th out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Jamaica, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.3426 million USD per square kilometre | — |
| 1971 | 0.3128 million USD per square kilometre | -8.7% |
| 1972 | 0.3136 million USD per square kilometre | +0.3% |
| 1973 | 0.3219 million USD per square kilometre | +2.6% |
| 1974 | 0.2637 million USD per square kilometre | -18.1% |
| 1975 | 0.2894 million USD per square kilometre | +9.7% |
| 1976 | 0.2045 million USD per square kilometre | -29.3% |
| 1977 | 0.1453 million USD per square kilometre | -28.9% |
| 1978 | 0.155 million USD per square kilometre | +6.6% |
| 1979 | 0.1476 million USD per square kilometre | -4.8% |
| 1980 | 0.1141 million USD per square kilometre | -22.7% |
| 1981 | 0.1332 million USD per square kilometre | +16.7% |
| 1982 | 0.1555 million USD per square kilometre | +16.7% |
| 1983 | 0.1532 million USD per square kilometre | -1.5% |
| 1984 | 0.1339 million USD per square kilometre | -12.6% |
| 1985 | 0.1324 million USD per square kilometre | -1.1% |
| 1986 | 0.1198 million USD per square kilometre | -9.5% |
| 1987 | 0.1547 million USD per square kilometre | +29.1% |
| 1988 | 0.1851 million USD per square kilometre | +19.6% |
| 1989 | 0.2202 million USD per square kilometre | +19.0% |
| 1990 | 0.2272 million USD per square kilometre | +3.2% |
| 1991 | 0.215 million USD per square kilometre | -5.4% |
| 1992 | 0.2832 million USD per square kilometre | +31.7% |
| 1993 | 0.2909 million USD per square kilometre | +2.7% |
| 1994 | 0.2853 million USD per square kilometre | -1.9% |
| 1995 | 0.3004 million USD per square kilometre | +5.3% |
| 1996 | 0.3066 million USD per square kilometre | +2.1% |
| 1997 | 0.3062 million USD per square kilometre | -0.1% |
| 1998 | 0.2658 million USD per square kilometre | -13.2% |
| 1999 | 0.2521 million USD per square kilometre | -5.2% |
| 2000 | 0.2791 million USD per square kilometre | +10.7% |
| 2001 | 0.3135 million USD per square kilometre | +12.3% |
| 2002 | 0.3332 million USD per square kilometre | +6.3% |
| 2003 | 0.3316 million USD per square kilometre | -0.5% |
| 2004 | 0.3396 million USD per square kilometre | +2.4% |
| 2005 | 0.3475 million USD per square kilometre | +2.3% |
| 2006 | 0.3753 million USD per square kilometre | +8.0% |
| 2007 | 0.3545 million USD per square kilometre | -5.6% |
| 2008 | 0.3265 million USD per square kilometre | -7.9% |
| 2009 | 0.2679 million USD per square kilometre | -17.9% |
| 2010 | 0.261 million USD per square kilometre | -2.6% |
| 2011 | 0.2823 million USD per square kilometre | +8.1% |
| 2012 | 0.2683 million USD per square kilometre | -5.0% |
| 2013 | 0.2834 million USD per square kilometre | +5.6% |
| 2014 | 0.292 million USD per square kilometre | +3.0% |
| 2015 | 0.2779 million USD per square kilometre | -4.8% |
| 2016 | 0.2781 million USD per square kilometre | +0.1% |
| 2017 | 0.2911 million USD per square kilometre | +4.6% |
| 2018 | 0.3077 million USD per square kilometre | +5.7% |
| 2019 | 0.3135 million USD per square kilometre | +1.9% |
| 2020 | 0.2642 million USD per square kilometre | -15.7% |
| 2021 | 0.2799 million USD per square kilometre | +5.9% |
| 2022 | 0.286 million USD per square kilometre | +2.2% |
| 2023 | 0.2797 million USD per square kilometre | -2.2% |
Jamaica compared with similar countries
- Jamaica's 0.2797 million USD per square kilometre is above the median for upper middle income countries, which is 0.0962 million USD per square kilometre, 2.9× the median. (54 countries reporting)
- Jamaica's 0.2797 million USD per square kilometre is above the median for Latin America & Caribbean, which is 0.2391 million USD per square kilometre, 1.2× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2496 million USD per square kilometre | 0.1453 million USD per square kilometre | 0.3426 million USD per square kilometre | 10 |
| 1980s | 0.1502 million USD per square kilometre | 0.1141 million USD per square kilometre | 0.2202 million USD per square kilometre | 10 |
| 1990s | 0.2733 million USD per square kilometre | 0.215 million USD per square kilometre | 0.3066 million USD per square kilometre | 10 |
| 2000s | 0.3269 million USD per square kilometre | 0.2679 million USD per square kilometre | 0.3753 million USD per square kilometre | 10 |
| 2010s | 0.2855 million USD per square kilometre | 0.261 million USD per square kilometre | 0.3135 million USD per square kilometre | 10 |
| 2020s | 0.2774 million USD per square kilometre | 0.2642 million USD per square kilometre | 0.286 million USD per square kilometre | 4 |
Countries ranked near Jamaica
- 66 El Salvador 0.2867 million USD per square kilometre compare
- 67 Dominica 0.2835 million USD per square kilometre compare
- 68 Romania 0.2804 million USD per square kilometre compare
- 70 Greece 0.2704 million USD per square kilometre compare
- 71 Croatia 0.2578 million USD per square kilometre compare
- 72 Malaysia 0.2448 million USD 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$), annual growth rate 11.9 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Jamaica?
- Gross fixed capital formation — value us$, 2015 prices, per square in Jamaica was 0.2797 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Jamaica?
- The highest recorded value was 0.3753 million USD per square kilometre in 2006.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Jamaica?
- The lowest recorded value was 0.1141 million USD per square kilometre in 1980.
- How does Jamaica rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Jamaica ranks 69th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Jamaica?
- Over the last ten years it is down 1.3%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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.