Gross Fixed Capital Formation — Value US$, per square kilometre in Grenada
Grenada: Gross Fixed Capital Formation — Value US$, per square kilometre was 1.72 million USD per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value US$, per square kilometre in Grenada, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value us$, per square kilometre in Grenada is 1.72 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 64.1% on the previous year and up 246.6% over ten years.
Over the whole period, gross fixed capital formation — value us$, per square kilometre in Grenada peaked at 1.72 million USD per square kilometre in 2023 and was at its lowest, 0.0098 million USD per square kilometre, in 1975.
Grenada ranks 30th of 194 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per square kilometre in Grenada, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0106 million USD per square kilometre | — |
| 1971 | 0.0134 million USD per square kilometre | +25.7% |
| 1972 | 0.015 million USD per square kilometre | +11.9% |
| 1973 | 0.0261 million USD per square kilometre | +74.3% |
| 1974 | 0.0223 million USD per square kilometre | -14.6% |
| 1975 | 0.0098 million USD per square kilometre | -56.2% |
| 1976 | 0.0176 million USD per square kilometre | +80.5% |
| 1977 | 0.0468 million USD per square kilometre | +165.8% |
| 1978 | 0.0573 million USD per square kilometre | +22.4% |
| 1979 | 0.0752 million USD per square kilometre | +31.4% |
| 1980 | 0.0676 million USD per square kilometre | -10.1% |
| 1981 | 0.1169 million USD per square kilometre | +72.9% |
| 1982 | 0.1376 million USD per square kilometre | +17.7% |
| 1983 | 0.1371 million USD per square kilometre | -0.4% |
| 1984 | 0.1027 million USD per square kilometre | -25.1% |
| 1985 | 0.1246 million USD per square kilometre | +21.4% |
| 1986 | 0.1503 million USD per square kilometre | +20.6% |
| 1987 | 0.1817 million USD per square kilometre | +20.9% |
| 1988 | 0.206 million USD per square kilometre | +13.3% |
| 1989 | 0.2328 million USD per square kilometre | +13.0% |
| 1990 | 0.2701 million USD per square kilometre | +16.0% |
| 1991 | 0.2911 million USD per square kilometre | +7.7% |
| 1992 | 0.2128 million USD per square kilometre | -26.9% |
| 1993 | 0.221 million USD per square kilometre | +3.9% |
| 1994 | 0.2343 million USD per square kilometre | +6.0% |
| 1995 | 0.2483 million USD per square kilometre | +6.0% |
| 1996 | 0.3356 million USD per square kilometre | +35.1% |
| 1997 | 0.3724 million USD per square kilometre | +11.0% |
| 1998 | 0.4115 million USD per square kilometre | +10.5% |
| 1999 | 0.4893 million USD per square kilometre | +18.9% |
| 2000 | 0.5797 million USD per square kilometre | +18.5% |
| 2001 | 0.4643 million USD per square kilometre | -19.9% |
| 2002 | 0.4396 million USD per square kilometre | -5.3% |
| 2003 | 0.5964 million USD per square kilometre | +35.7% |
| 2004 | 0.6193 million USD per square kilometre | +3.9% |
| 2005 | 0.9467 million USD per square kilometre | +52.9% |
| 2006 | 0.732 million USD per square kilometre | -22.7% |
| 2007 | 0.7902 million USD per square kilometre | +7.9% |
| 2008 | 0.7544 million USD per square kilometre | -4.5% |
| 2009 | 0.5427 million USD per square kilometre | -28.1% |
| 2010 | 0.4992 million USD per square kilometre | -8.0% |
| 2011 | 0.456 million USD per square kilometre | -8.7% |
| 2012 | 0.3845 million USD per square kilometre | -15.7% |
| 2013 | 0.496 million USD per square kilometre | +29.0% |
| 2014 | 0.4726 million USD per square kilometre | -4.7% |
| 2015 | 0.5653 million USD per square kilometre | +19.6% |
| 2016 | 0.5967 million USD per square kilometre | +5.5% |
| 2017 | 0.7506 million USD per square kilometre | +25.8% |
| 2018 | 0.8332 million USD per square kilometre | +11.0% |
| 2019 | 0.8894 million USD per square kilometre | +6.7% |
| 2020 | 0.9949 million USD per square kilometre | +11.9% |
| 2021 | 0.9943 million USD per square kilometre | -0.1% |
| 2022 | 1.05 million USD per square kilometre | +5.3% |
| 2023 | 1.72 million USD per square kilometre | +64.1% |
Grenada compared with similar countries
- Grenada's 1.72 million USD per square kilometre is above the median for upper middle income countries, which is 0.126 million USD per square kilometre, 13.6× the median. (54 countries reporting)
- Grenada's 1.72 million USD per square kilometre is above the median for Latin America & Caribbean, which is 0.2765 million USD per square kilometre, 6.2× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, per square kilometre in Grenada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +165.8% | 0.0176 million USD per square kilometre | 0.0468 million USD per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0294 million USD per square kilometre | 0.0098 million USD per square kilometre | 0.0752 million USD per square kilometre | 10 |
| 1980s | 0.1457 million USD per square kilometre | 0.0676 million USD per square kilometre | 0.2328 million USD per square kilometre | 10 |
| 1990s | 0.3087 million USD per square kilometre | 0.2128 million USD per square kilometre | 0.4893 million USD per square kilometre | 10 |
| 2000s | 0.6465 million USD per square kilometre | 0.4396 million USD per square kilometre | 0.9467 million USD per square kilometre | 10 |
| 2010s | 0.5943 million USD per square kilometre | 0.3845 million USD per square kilometre | 0.8894 million USD per square kilometre | 10 |
| 2020s | 1.19 million USD per square kilometre | 0.9943 million USD per square kilometre | 1.72 million USD per square kilometre | 4 |
Countries ranked near Grenada
- 27 Kuwait 1.78 million USD per square kilometre compare
- 28 Italy 1.76 million USD per square kilometre compare
- 29 Antigua and Barbuda 1.73 million USD per square kilometre compare
- 31 Mauritius 1.7 million USD per square kilometre compare
- 32 Austria 1.6 million USD per square kilometre compare
- 33 Andorra 1.59 million USD per square kilometre compare
More economy & growth data for Grenada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.71 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -3.62 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -30.86 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 170.66 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 4.11 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1202 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,455 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -3.57 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, per square kilometre in Grenada?
- Gross fixed capital formation — value us$, per square kilometre in Grenada was 1.72 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per square kilometre recorded in Grenada?
- The highest recorded value was 1.72 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, per square kilometre recorded in Grenada?
- The lowest recorded value was 0.0098 million USD per square kilometre in 1975.
- How does Grenada rank for gross fixed capital formation — value us$, per square kilometre?
- Grenada ranks 30th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, per square kilometre rising or falling in Grenada?
- Over the last ten years it is up 246.6%. The long-run trend across the full record is volatile.
- Where does this Grenada data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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.