Gross Fixed Capital Formation — Value US$ in Caribbean
Caribbean: Gross Fixed Capital Formation — Value US$ was 92,184 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Caribbean, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$ in Caribbean stood at 92,184 million USD. That is the highest value across all 55 years on record.
The figure is up 0.3% on the previous year and up 87.2% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Caribbean peaked at 92,184 million USD in 2024 and was at its lowest, 4,190 million USD, in 1970.
That places Caribbean 44th out of 235 countries with data for 2024, putting it 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$ in Caribbean, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 4,190 million USD | — |
| 1971 | 4,874 million USD | +16.3% |
| 1972 | 5,629 million USD | +15.5% |
| 1973 | 6,101 million USD | +8.4% |
| 1974 | 6,904 million USD | +13.2% |
| 1975 | 8,275 million USD | +19.9% |
| 1976 | 8,234 million USD | -0.5% |
| 1977 | 8,350 million USD | +1.4% |
| 1978 | 9,923 million USD | +18.8% |
| 1979 | 11,458 million USD | +15.5% |
| 1980 | 12,759 million USD | +11.4% |
| 1981 | 13,382 million USD | +4.9% |
| 1982 | 13,538 million USD | +1.2% |
| 1983 | 14,063 million USD | +3.9% |
| 1984 | 15,056 million USD | +7.1% |
| 1985 | 13,302 million USD | -11.6% |
| 1986 | 14,106 million USD | +6.0% |
| 1987 | 14,704 million USD | +4.2% |
| 1988 | 16,291 million USD | +10.8% |
| 1989 | 18,709 million USD | +14.8% |
| 1990 | 19,043 million USD | +1.8% |
| 1991 | 17,526 million USD | -8.0% |
| 1992 | 15,587 million USD | -11.1% |
| 1993 | 16,004 million USD | +2.7% |
| 1994 | 16,585 million USD | +3.6% |
| 1995 | 18,535 million USD | +11.8% |
| 1996 | 21,794 million USD | +17.6% |
| 1997 | 24,663 million USD | +13.2% |
| 1998 | 27,735 million USD | +12.5% |
| 1999 | 29,542 million USD | +6.5% |
| 2000 | 31,500 million USD | +6.6% |
| 2001 | 32,143 million USD | +2.0% |
| 2002 | 32,127 million USD | -0.0% |
| 2003 | 30,679 million USD | -4.5% |
| 2004 | 31,980 million USD | +4.2% |
| 2005 | 40,388 million USD | +26.3% |
| 2006 | 44,236 million USD | +9.5% |
| 2007 | 46,327 million USD | +4.7% |
| 2008 | 49,240 million USD | +6.3% |
| 2009 | 44,089 million USD | -10.5% |
| 2010 | 45,700 million USD | +3.7% |
| 2011 | 46,711 million USD | +2.2% |
| 2012 | 49,663 million USD | +6.3% |
| 2013 | 47,189 million USD | -5.0% |
| 2014 | 49,247 million USD | +4.4% |
| 2015 | 52,746 million USD | +7.1% |
| 2016 | 54,272 million USD | +2.9% |
| 2017 | 56,915 million USD | +4.9% |
| 2018 | 69,144 million USD | +21.5% |
| 2019 | 72,457 million USD | +4.8% |
| 2020 | 62,317 million USD | -14.0% |
| 2021 | 70,874 million USD | +13.7% |
| 2022 | 80,029 million USD | +12.9% |
| 2023 | 91,886 million USD | +14.8% |
| 2024 | 92,184 million USD | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7,394 million USD | 4,190 million USD | 11,458 million USD | 10 |
| 1980s | 14,591 million USD | 12,759 million USD | 18,709 million USD | 10 |
| 1990s | 20,701 million USD | 15,587 million USD | 29,542 million USD | 10 |
| 2000s | 38,271 million USD | 30,679 million USD | 49,240 million USD | 10 |
| 2010s | 54,404 million USD | 45,700 million USD | 72,457 million USD | 10 |
| 2020s | 79,458 million USD | 62,317 million USD | 92,184 million USD | 5 |
Countries ranked near Caribbean
More economy & growth data for Caribbean
- Gross Domestic Product, GDP in millions constant 2021 international $ 828,667 (2027)
- Gross Fixed Capital Formation — Value US$, 2015 prices 64,099 million USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 382,272 million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 8,773 USD (2024)
- Gross Domestic Product — Value US$ per capita 13,606 USD (2024)
- Gross Domestic Product — Value US$ 592,877 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 16.77 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.13 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 0.3236 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 2.13 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Caribbean?
- Gross fixed capital formation — value us$ in Caribbean was 92,184 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Caribbean?
- The highest recorded value was 92,184 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$ recorded in Caribbean?
- The lowest recorded value was 4,190 million USD in 1970.
- How does Caribbean rank for gross fixed capital formation — value us$?
- Caribbean ranks 44th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Caribbean?
- Over the last ten years it is up 87.2%. The long-run trend across the full record is volatile.
- Where does this Caribbean data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).