Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Turks and Caicos Islands
Turks and Caicos Islands: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.1621 million USD per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Turks and Caicos Islands, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, 2015 prices, per square in Turks and Caicos Islands stood at 0.1621 million USD per square kilometre.
That represents a change of up 1.2% on the previous year and up 15.9% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Turks and Caicos Islands peaked at 0.4205 million USD per square kilometre in 2007 and was at its lowest, 0.003 million USD per square kilometre, in 1970.
Turks and Caicos Islands ranks 83rd of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Turks and Caicos Islands, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.003 million USD per square kilometre | — |
| 1971 | 0.0034 million USD per square kilometre | +12.7% |
| 1972 | 0.0038 million USD per square kilometre | +12.7% |
| 1973 | 0.0043 million USD per square kilometre | +12.6% |
| 1974 | 0.0048 million USD per square kilometre | +12.6% |
| 1975 | 0.0054 million USD per square kilometre | +12.7% |
| 1976 | 0.0061 million USD per square kilometre | +12.7% |
| 1977 | 0.0069 million USD per square kilometre | +12.6% |
| 1978 | 0.0077 million USD per square kilometre | +12.6% |
| 1979 | 0.0087 million USD per square kilometre | +12.7% |
| 1980 | 0.0098 million USD per square kilometre | +12.7% |
| 1981 | 0.0111 million USD per square kilometre | +12.7% |
| 1982 | 0.0125 million USD per square kilometre | +12.4% |
| 1983 | 0.014 million USD per square kilometre | +12.6% |
| 1984 | 0.0158 million USD per square kilometre | +12.9% |
| 1985 | 0.0179 million USD per square kilometre | +13.1% |
| 1986 | 0.0201 million USD per square kilometre | +12.3% |
| 1987 | 0.0224 million USD per square kilometre | +11.3% |
| 1988 | 0.0254 million USD per square kilometre | +13.6% |
| 1989 | 0.029 million USD per square kilometre | +14.2% |
| 1990 | 0.0331 million USD per square kilometre | +14.0% |
| 1991 | 0.0359 million USD per square kilometre | +8.4% |
| 1992 | 0.0382 million USD per square kilometre | +6.7% |
| 1993 | 0.048 million USD per square kilometre | +25.4% |
| 1994 | 0.0562 million USD per square kilometre | +17.2% |
| 1995 | 0.0635 million USD per square kilometre | +13.0% |
| 1996 | 0.0524 million USD per square kilometre | -17.6% |
| 1997 | 0.0698 million USD per square kilometre | +33.4% |
| 1998 | 0.0864 million USD per square kilometre | +23.7% |
| 1999 | 0.0942 million USD per square kilometre | +9.0% |
| 2000 | 0.0851 million USD per square kilometre | -9.6% |
| 2001 | 0.0942 million USD per square kilometre | +10.7% |
| 2002 | 0.1203 million USD per square kilometre | +27.6% |
| 2003 | 0.1428 million USD per square kilometre | +18.8% |
| 2004 | 0.1967 million USD per square kilometre | +37.7% |
| 2005 | 0.2811 million USD per square kilometre | +42.9% |
| 2006 | 0.397 million USD per square kilometre | +41.2% |
| 2007 | 0.4205 million USD per square kilometre | +5.9% |
| 2008 | 0.4169 million USD per square kilometre | -0.9% |
| 2009 | 0.2364 million USD per square kilometre | -43.3% |
| 2010 | 0.1628 million USD per square kilometre | -31.1% |
| 2011 | 0.1207 million USD per square kilometre | -25.8% |
| 2012 | 0.1321 million USD per square kilometre | +9.4% |
| 2013 | 0.1399 million USD per square kilometre | +5.9% |
| 2014 | 0.1421 million USD per square kilometre | +1.6% |
| 2015 | 0.163 million USD per square kilometre | +14.7% |
| 2016 | 0.1754 million USD per square kilometre | +7.6% |
| 2017 | 0.169 million USD per square kilometre | -3.6% |
| 2018 | 0.1797 million USD per square kilometre | +6.3% |
| 2019 | 0.1892 million USD per square kilometre | +5.3% |
| 2020 | 0.1382 million USD per square kilometre | -26.9% |
| 2021 | 0.1509 million USD per square kilometre | +9.2% |
| 2022 | 0.1602 million USD per square kilometre | +6.2% |
| 2023 | 0.1621 million USD per square kilometre | +1.2% |
Turks and Caicos Islands compared with similar countries
- Turks and Caicos Islands's 0.1621 million USD per square kilometre is below the median for high income countries, which is 0.6883 million USD per square kilometre, 24% of the median. (73 countries reporting)
- Turks and Caicos Islands's 0.1621 million USD per square kilometre is below the median for Latin America & Caribbean, which is 0.2391 million USD per square kilometre, 68% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Turks and Caicos 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 |
|---|---|---|---|
| 2009 | -43.3% | 0.4169 million USD per square kilometre | 0.2364 million USD per square kilometre |
| 2010 | -31.1% | 0.2364 million USD per square kilometre | 0.1628 million USD per square kilometre |
| 2020 | -26.9% | 0.1892 million USD per square kilometre | 0.1382 million USD per square kilometre |
| 2011 | -25.8% | 0.1628 million USD per square kilometre | 0.1207 million USD per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0054 million USD per square kilometre | 0.003 million USD per square kilometre | 0.0087 million USD per square kilometre | 10 |
| 1980s | 0.0178 million USD per square kilometre | 0.0098 million USD per square kilometre | 0.029 million USD per square kilometre | 10 |
| 1990s | 0.0578 million USD per square kilometre | 0.0331 million USD per square kilometre | 0.0942 million USD per square kilometre | 10 |
| 2000s | 0.2391 million USD per square kilometre | 0.0851 million USD per square kilometre | 0.4205 million USD per square kilometre | 10 |
| 2010s | 0.1574 million USD per square kilometre | 0.1207 million USD per square kilometre | 0.1892 million USD per square kilometre | 10 |
| 2020s | 0.1529 million USD per square kilometre | 0.1382 million USD per square kilometre | 0.1621 million USD per square kilometre | 4 |
Countries ranked near Turks and Caicos Islands
- 80 Palau 0.1849 million USD per square kilometre compare
- 81 Finland 0.183 million USD per square kilometre compare
- 82 Tonga 0.1635 million USD per square kilometre compare
- 84 Mexico 0.1595 million USD per square kilometre compare
- 85 Serbia 0.1484 million USD per square kilometre compare
- 86 Albania 0.145 million USD per square kilometre compare
More economy & growth data for Turks and Caicos Islands
- Industry (including construction), value added (constant LCU), annual 9.05 % change on previous year (2024)
- GNI, Atlas method (current US$), per capita 36,764 current US$ per person (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9802 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 6,332 constant 2015 US$ per person (2024)
- GNI, Atlas method (current US$), annual growth rate 2.69 % change on previous year (2024)
- GDP (constant LCU), per capita 34,867 constant LCU per person (2024)
- GDP (constant LCU), per unit of GDP 0.9296 constant LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 0.0913 constant LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), per unit of GDP 1.52 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Turks and Caicos Islands?
- Gross fixed capital formation — value us$, 2015 prices, per square in Turks and Caicos Islands was 0.1621 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Turks and Caicos Islands?
- The highest recorded value was 0.4205 million USD per square kilometre in 2007.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Turks and Caicos Islands?
- The lowest recorded value was 0.003 million USD per square kilometre in 1970.
- How does Turks and Caicos Islands rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Turks and Caicos Islands ranks 83rd out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 15.9%. The long-run trend across the full record is volatile.
- Where does this Turks and Caicos 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.