Eritrea vs Greenland: Gross capital formation (current LCU), per unit of GDP

Eritrea
1.94 current LCU per US$ of GDP
in 2011
Greenland
2.48 current LCU per US$ of GDP
in 2023
Eritrea rank
101st
Greenland rank
98th

Gross capital formation (current LCU), per unit of GDP over time

  • Eritrea
  • Greenland
01234199220072023

How they compare

Greenland currently reports 2.48 current LCU per US$ of GDP against 1.94 current LCU per US$ of GDP in Eritrea, a difference of 0.54 current LCU per US$ of GDP.

That makes Greenland's figure about 1.3 times Eritrea's.

The two have swapped places 1 time across 9 shared years of data; in 2003 it was Eritrea ahead.

Eritrea ranks 101st and Greenland ranks 98th of 187 countries.

Across the 2 decades both report, Eritrea averaged higher in 1 and Greenland in 1.

Head to head by decade

Decade Eritrea Greenland Difference Ahead
2000s 2.43 current LCU per US$ of GDP 1.5 current LCU per US$ of GDP 0.9308 current LCU per US$ of GDP Eritrea
2010s 1.92 current LCU per US$ of GDP 3.19 current LCU per US$ of GDP 1.27 current LCU per US$ of GDP Greenland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (current lcu), per unit of gdp, Eritrea or Greenland?
Greenland, at 2.48 current LCU per US$ of GDP against 1.94 current LCU per US$ of GDP in Eritrea as of 2023.
What is the difference in gross capital formation (current lcu), per unit of gdp between Eritrea and Greenland?
0.54 current LCU per US$ of GDP, with Greenland ahead.
How many years of comparable data are there for Eritrea and Greenland?
9 years are reported by both, from 2003 to 2011.
How do Eritrea and Greenland rank globally for gross capital formation (current lcu), per unit of gdp?
Eritrea ranks 101st and Greenland ranks 98th of 187 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Eritrea vs Greenland: Gross capital formation (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 07 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-lcu-per-unit-of-gdp/eritrea/greenland/

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About this data

Indicator
Gross capital formation (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
187 places, 8,666 data points, 1960–2025
Last refreshed

Gross capital formation (current 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.