Gross Fixed Capital Formation — Value US$, per square kilometre in Jamaica
Jamaica: Gross Fixed Capital Formation — Value US$, per square kilometre was 0.4275 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.4275 million USD per square kilometre
Change on year
up 14.9%
World rank
57th
of 194 countries
All-time high
0.4275 million USD per square kilometre
in 2023
All-time low
0.0322 million USD per square kilometre
in 1978
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, per square kilometre in Jamaica, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, per square kilometre in Jamaica stood at 0.4275 million USD per square kilometre. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 14.9% on the previous year and up 54.6% over ten years.
Over the whole period, gross fixed capital formation — value us$, per square kilometre in Jamaica peaked at 0.4275 million USD per square kilometre in 2023 and was at its lowest, 0.0322 million USD per square kilometre, in 1978.
That places Jamaica 57th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per square kilometre in Jamaica, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0402 million USD per square kilometre | — |
| 1971 | 0.039 million USD per square kilometre | -3.0% |
| 1972 | 0.0436 million USD per square kilometre | +11.8% |
| 1973 | 0.045 million USD per square kilometre | +3.2% |
| 1974 | 0.048 million USD per square kilometre | +6.7% |
| 1975 | 0.0612 million USD per square kilometre | +27.5% |
| 1976 | 0.0453 million USD per square kilometre | -26.0% |
| 1977 | 0.0351 million USD per square kilometre | -22.5% |
| 1978 | 0.0322 million USD per square kilometre | -8.2% |
| 1979 | 0.0387 million USD per square kilometre | +20.1% |
| 1980 | 0.0354 million USD per square kilometre | -8.6% |
| 1981 | 0.0489 million USD per square kilometre | +38.2% |
| 1982 | 0.0598 million USD per square kilometre | +22.4% |
| 1983 | 0.0678 million USD per square kilometre | +13.4% |
| 1984 | 0.0458 million USD per square kilometre | -32.4% |
| 1985 | 0.0442 million USD per square kilometre | -3.7% |
| 1986 | 0.0405 million USD per square kilometre | -8.3% |
| 1987 | 0.059 million USD per square kilometre | +45.5% |
| 1988 | 0.0809 million USD per square kilometre | +37.2% |
| 1989 | 0.1039 million USD per square kilometre | +28.4% |
| 1990 | 0.1062 million USD per square kilometre | +2.3% |
| 1991 | 0.0891 million USD per square kilometre | -16.2% |
| 1992 | 0.0952 million USD per square kilometre | +6.9% |
| 1993 | 0.1236 million USD per square kilometre | +29.8% |
| 1994 | 0.1204 million USD per square kilometre | -2.6% |
| 1995 | 0.1513 million USD per square kilometre | +25.7% |
| 1996 | 0.1731 million USD per square kilometre | +14.4% |
| 1997 | 0.1983 million USD per square kilometre | +14.6% |
| 1998 | 0.1823 million USD per square kilometre | -8.1% |
| 1999 | 0.1732 million USD per square kilometre | -5.0% |
| 2000 | 0.1929 million USD per square kilometre | +11.4% |
| 2001 | 0.2185 million USD per square kilometre | +13.2% |
| 2002 | 0.2439 million USD per square kilometre | +11.6% |
| 2003 | 0.2271 million USD per square kilometre | -6.9% |
| 2004 | 0.2477 million USD per square kilometre | +9.1% |
| 2005 | 0.2776 million USD per square kilometre | +12.1% |
| 2006 | 0.3092 million USD per square kilometre | +11.4% |
| 2007 | 0.3088 million USD per square kilometre | -0.1% |
| 2008 | 0.3034 million USD per square kilometre | -1.7% |
| 2009 | 0.2334 million USD per square kilometre | -23.1% |
| 2010 | 0.2429 million USD per square kilometre | +4.1% |
| 2011 | 0.2793 million USD per square kilometre | +15.0% |
| 2012 | 0.2685 million USD per square kilometre | -3.9% |
| 2013 | 0.2764 million USD per square kilometre | +2.9% |
| 2014 | 0.2826 million USD per square kilometre | +2.2% |
| 2015 | 0.2779 million USD per square kilometre | -1.6% |
| 2016 | 0.2755 million USD per square kilometre | -0.9% |
| 2017 | 0.3027 million USD per square kilometre | +9.9% |
| 2018 | 0.3382 million USD per square kilometre | +11.7% |
| 2019 | 0.3522 million USD per square kilometre | +4.1% |
| 2020 | 0.2471 million USD per square kilometre | -29.8% |
| 2021 | 0.2472 million USD per square kilometre | +0.1% |
| 2022 | 0.372 million USD per square kilometre | +50.5% |
| 2023 | 0.4275 million USD per square kilometre | +14.9% |
Jamaica compared with similar countries
- Jamaica's 0.4275 million USD per square kilometre is above the median for upper middle income countries, which is 0.126 million USD per square kilometre, 3.4× the median. (54 countries reporting)
- Jamaica's 0.4275 million USD per square kilometre is above the median for Latin America & Caribbean, which is 0.2765 million USD per square kilometre, 1.5× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0428 million USD per square kilometre | 0.0322 million USD per square kilometre | 0.0612 million USD per square kilometre | 10 |
| 1980s | 0.0586 million USD per square kilometre | 0.0354 million USD per square kilometre | 0.1039 million USD per square kilometre | 10 |
| 1990s | 0.1413 million USD per square kilometre | 0.0891 million USD per square kilometre | 0.1983 million USD per square kilometre | 10 |
| 2000s | 0.2562 million USD per square kilometre | 0.1929 million USD per square kilometre | 0.3092 million USD per square kilometre | 10 |
| 2010s | 0.2896 million USD per square kilometre | 0.2429 million USD per square kilometre | 0.3522 million USD per square kilometre | 10 |
| 2020s | 0.3234 million USD per square kilometre | 0.2471 million USD per square kilometre | 0.4275 million USD per square kilometre | 4 |
Countries ranked near Jamaica
- 54 Lebanon 0.55 million USD per square kilometre compare
- 55 Poland 0.4691 million USD per square kilometre compare
- 56 Turkey 0.4629 million USD per square kilometre compare
- 58 Vietnam 0.4169 million USD per square kilometre compare
- 59 Romania 0.4118 million USD per square kilometre compare
- 60 India 0.3887 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$), annual growth rate 11.9 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, per square kilometre in Jamaica?
- Gross fixed capital formation — value us$, per square kilometre in Jamaica was 0.4275 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per square kilometre recorded in Jamaica?
- The highest recorded value was 0.4275 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, per square kilometre recorded in Jamaica?
- The lowest recorded value was 0.0322 million USD per square kilometre in 1978.
- How does Jamaica rank for gross fixed capital formation — value us$, per square kilometre?
- Jamaica ranks 57th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, per square kilometre rising or falling in Jamaica?
- Over the last ten years it is up 54.6%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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.