Greenland vs Lower middle income: Gross capital formation (current US$), per unit of GDP
Gross capital formation (current US$), per unit of GDP over time
- Greenland
- Lower middle income
How they compare
Greenland currently reports 0.36 current US$ per US$ of GDP against 0.3106 current US$ per US$ of GDP in Lower middle income, a difference of 0.0494 current US$ per US$ of GDP.
That makes Greenland's figure about 1.2 times Lower middle income's.
The two have swapped places 3 times across 21 shared years of data; in 2003 it was Lower middle income ahead.
Greenland ranks 12th and Lower middle income ranks 12th of 187 countries.
Across the 3 decades both report, Greenland averaged higher in 2 and Lower middle income in 1.
Head to head by decade
| Decade | Greenland | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.2657 current US$ per US$ of GDP | 0.3056 current US$ per US$ of GDP | 0.0399 current US$ per US$ of GDP | Lower middle income |
| 2010s | 0.3319 current US$ per US$ of GDP | 0.2918 current US$ per US$ of GDP | 0.0401 current US$ per US$ of GDP | Greenland |
| 2020s | 0.3599 current US$ per US$ of GDP | 0.288 current US$ per US$ of GDP | 0.0719 current US$ per US$ of GDP | Greenland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation (current us$), per unit of gdp, Greenland or Lower middle income?
- Greenland, at 0.36 current US$ per US$ of GDP against 0.3106 current US$ per US$ of GDP in Lower middle income as of 2023.
- What is the difference in gross capital formation (current us$), per unit of gdp between Greenland and Lower middle income?
- 0.0494 current US$ per US$ of GDP, with Greenland ahead.
- How many years of comparable data are there for Greenland and Lower middle income?
- 21 years are reported by both, from 2003 to 2023.
- How do Greenland and Lower middle income rank globally for gross capital formation (current us$), per unit of gdp?
- Greenland ranks 12th and Lower middle income ranks 12th of 187 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross capital formation (current US$), 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 (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.