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

Greenland
2.48 current LCU per US$ of GDP
in 2023
Norway
2.41 current LCU per US$ of GDP
in 2025
Greenland rank
98th
Norway rank
99th

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

  • Greenland
  • Norway
11.522.533.5197019972025

How they compare

Greenland currently reports 2.48 current LCU per US$ of GDP against 2.41 current LCU per US$ of GDP in Norway, a difference of 0.07 current LCU per US$ of GDP.

The two have swapped places 6 times across 21 shared years of data; in 2003 it was Norway ahead.

Greenland ranks 98th and Norway ranks 99th of 187 countries.

Greenland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Greenland Norway Difference Ahead
2000s 1.5 current LCU per US$ of GDP 1.42 current LCU per US$ of GDP 0.0828 current LCU per US$ of GDP Greenland
2010s 1.98 current LCU per US$ of GDP 1.84 current LCU per US$ of GDP 0.1381 current LCU per US$ of GDP Greenland
2020s 2.41 current LCU per US$ of GDP 2.31 current LCU per US$ of GDP 0.0986 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, Greenland or Norway?
Greenland, at 2.48 current LCU per US$ of GDP against 2.41 current LCU per US$ of GDP in Norway as of 2023.
What is the difference in gross capital formation (current lcu), per unit of gdp between Greenland and Norway?
0.07 current 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 (current lcu), per unit of gdp?
Greenland ranks 98th and Norway ranks 99th 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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Greenland vs Norway: Gross capital formation (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-lcu-per-unit-of-gdp/greenland/norway/

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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.