Greenland vs Norway: Gross capital formation (constant LCU), per unit of GDP
Greenland
1.96 constant LCU per US$ of GDP
in 2023
Norway
1.9 constant LCU per US$ of GDP
in 2025
Greenland rank
82nd
Norway rank
84th
Gross capital formation (constant LCU), per unit of GDP over time
- Greenland
- Norway
How they compare
Greenland currently reports 1.96 constant LCU per US$ of GDP against 1.9 constant LCU per US$ of GDP in Norway, a difference of 0.06 constant LCU per US$ of GDP.
The two have swapped places 4 times across 21 shared years of data; in 2003 it was Norway ahead.
Greenland ranks 82nd and Norway ranks 84th of 170 countries.
Norway has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Greenland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.57 constant LCU per US$ of GDP | 2.6 constant LCU per US$ of GDP | 1.02 constant LCU per US$ of GDP | Norway |
| 2010s | 1.87 constant LCU per US$ of GDP | 2.24 constant LCU per US$ of GDP | 0.3732 constant LCU per US$ of GDP | Norway |
| 2020s | 2 constant LCU per US$ of GDP | 2.15 constant LCU per US$ of GDP | 0.1482 constant LCU per US$ of GDP | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation (constant lcu), per unit of gdp, Greenland or Norway?
- Greenland, at 1.96 constant LCU per US$ of GDP against 1.9 constant LCU per US$ of GDP in Norway as of 2023.
- What is the difference in gross capital formation (constant lcu), per unit of gdp between Greenland and Norway?
- 0.06 constant LCU per US$ of GDP, with Greenland ahead.
- How many years of comparable data are there for Greenland and Norway?
- 21 years are reported by both, from 2003 to 2023.
- How do Greenland and Norway rank globally for gross capital formation (constant lcu), per unit of gdp?
- Greenland ranks 82nd and Norway ranks 84th of 170 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross capital formation (constant LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.