Gross Fixed Capital Formation — Value US$, per square kilometre in Barbados
Barbados: Gross Fixed Capital Formation — Value US$, per square kilometre was 2.52 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
2.52 million USD per square kilometre
Change on year
up 2.6%
World rank
19th
of 194 countries
All-time high
2.52 million USD per square kilometre
in 2023
All-time low
0.099 million USD per square kilometre
in 1971
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, per square kilometre in Barbados, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
Barbados recorded 2.52 million USD per square kilometre for gross fixed capital formation — value us$, per square kilometre in 2023. That is the highest value across all 54 years on record.
The figure is up 2.6% on the previous year and up 24.2% over ten years.
Over the whole period, gross fixed capital formation — value us$, per square kilometre in Barbados peaked at 2.52 million USD per square kilometre in 2023 and was at its lowest, 0.099 million USD per square kilometre, in 1971.
Barbados ranks 19th of 194 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per square kilometre in Barbados, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0997 million USD per square kilometre | — |
| 1971 | 0.099 million USD per square kilometre | -0.7% |
| 1972 | 0.1093 million USD per square kilometre | +10.3% |
| 1973 | 0.133 million USD per square kilometre | +21.7% |
| 1974 | 0.1634 million USD per square kilometre | +22.8% |
| 1975 | 0.1627 million USD per square kilometre | -0.4% |
| 1976 | 0.2508 million USD per square kilometre | +54.1% |
| 1977 | 0.2551 million USD per square kilometre | +1.7% |
| 1978 | 0.2736 million USD per square kilometre | +7.2% |
| 1979 | 0.3241 million USD per square kilometre | +18.5% |
| 1980 | 0.4286 million USD per square kilometre | +32.3% |
| 1981 | 0.5616 million USD per square kilometre | +31.0% |
| 1982 | 0.4927 million USD per square kilometre | -12.3% |
| 1983 | 0.4501 million USD per square kilometre | -8.6% |
| 1984 | 0.4117 million USD per square kilometre | -8.5% |
| 1985 | 0.395 million USD per square kilometre | -4.1% |
| 1986 | 0.4633 million USD per square kilometre | +17.3% |
| 1987 | 0.4987 million USD per square kilometre | +7.6% |
| 1988 | 0.58 million USD per square kilometre | +16.3% |
| 1989 | 0.6996 million USD per square kilometre | +20.6% |
| 1990 | 0.7062 million USD per square kilometre | +0.9% |
| 1991 | 0.5979 million USD per square kilometre | -15.3% |
| 1992 | 0.3768 million USD per square kilometre | -37.0% |
| 1993 | 0.4464 million USD per square kilometre | +18.5% |
| 1994 | 0.5305 million USD per square kilometre | +18.8% |
| 1995 | 0.6047 million USD per square kilometre | +14.0% |
| 1996 | 0.6956 million USD per square kilometre | +15.0% |
| 1997 | 0.8956 million USD per square kilometre | +28.8% |
| 1998 | 1.24 million USD per square kilometre | +38.0% |
| 1999 | 1.31 million USD per square kilometre | +6.2% |
| 2000 | 1.28 million USD per square kilometre | -2.5% |
| 2001 | 1.16 million USD per square kilometre | -9.2% |
| 2002 | 1.28 million USD per square kilometre | +9.8% |
| 2003 | 1.37 million USD per square kilometre | +7.4% |
| 2004 | 1.53 million USD per square kilometre | +11.7% |
| 2005 | 1.67 million USD per square kilometre | +9.1% |
| 2006 | 2.07 million USD per square kilometre | +24.3% |
| 2007 | 2.18 million USD per square kilometre | +4.8% |
| 2008 | 2.25 million USD per square kilometre | +3.5% |
| 2009 | 1.91 million USD per square kilometre | -15.4% |
| 2010 | 1.89 million USD per square kilometre | -0.7% |
| 2011 | 2.09 million USD per square kilometre | +10.6% |
| 2012 | 1.96 million USD per square kilometre | -6.6% |
| 2013 | 2.03 million USD per square kilometre | +3.8% |
| 2014 | 2.03 million USD per square kilometre | +0.1% |
| 2015 | 2.05 million USD per square kilometre | +0.7% |
| 2016 | 2 million USD per square kilometre | -2.2% |
| 2017 | 1.98 million USD per square kilometre | -1.3% |
| 2018 | 1.84 million USD per square kilometre | -6.9% |
| 2019 | 1.92 million USD per square kilometre | +4.5% |
| 2020 | 2.13 million USD per square kilometre | +10.9% |
| 2021 | 2.1 million USD per square kilometre | -1.6% |
| 2022 | 2.46 million USD per square kilometre | +17.4% |
| 2023 | 2.52 million USD per square kilometre | +2.6% |
Barbados compared with similar countries
- Barbados's 2.52 million USD per square kilometre is above the median for high income countries, which is 0.7652 million USD per square kilometre, 3.3× the median. (73 countries reporting)
- Barbados's 2.52 million USD per square kilometre is above the median for Latin America & Caribbean, which is 0.2765 million USD per square kilometre, 9.1× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1871 million USD per square kilometre | 0.099 million USD per square kilometre | 0.3241 million USD per square kilometre | 10 |
| 1980s | 0.4981 million USD per square kilometre | 0.395 million USD per square kilometre | 0.6996 million USD per square kilometre | 10 |
| 1990s | 0.7403 million USD per square kilometre | 0.3768 million USD per square kilometre | 1.31 million USD per square kilometre | 10 |
| 2000s | 1.67 million USD per square kilometre | 1.16 million USD per square kilometre | 2.25 million USD per square kilometre | 10 |
| 2010s | 1.98 million USD per square kilometre | 1.84 million USD per square kilometre | 2.09 million USD per square kilometre | 10 |
| 2020s | 2.3 million USD per square kilometre | 2.1 million USD per square kilometre | 2.52 million USD per square kilometre | 4 |
Countries ranked near Barbados
- 16 Aruba 4.35 million USD per square kilometre compare
- 17 Japan 2.97 million USD per square kilometre compare
- 18 Germany 2.82 million USD per square kilometre compare
- 20 British Virgin Islands 2.4 million USD per square kilometre compare
- 21 United Kingdom 2.37 million USD per square kilometre compare
- 22 Denmark 2.31 million USD per square kilometre compare
More economy & growth data for Barbados
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 18.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0024 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 65.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 303.06 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0399 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,073 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, per square kilometre in Barbados?
- Gross fixed capital formation — value us$, per square kilometre in Barbados was 2.52 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per square kilometre recorded in Barbados?
- The highest recorded value was 2.52 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, per square kilometre recorded in Barbados?
- The lowest recorded value was 0.099 million USD per square kilometre in 1971.
- How does Barbados rank for gross fixed capital formation — value us$, per square kilometre?
- Barbados ranks 19th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, per square kilometre rising or falling in Barbados?
- Over the last ten years it is up 24.2%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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$ 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$ ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$ 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$ 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.