Europe & Central Asia (excluding high income) vs Greenland: Gross capital formation
Gross capital formation over time
- Europe & Central Asia (excluding high income)
- Greenland
How they compare
Greenland currently reports 36.0% against 29.8% in Europe & Central Asia (excluding high income), a difference of 6.2%.
That makes Greenland's figure about 1.2 times Europe & Central Asia (excluding high income)'s.
The two have swapped places 3 times across 21 shared years of data; in 2003 it was Europe & Central Asia (excluding high income) ahead.
Europe & Central Asia (excluding high income) ranks 13th and Greenland ranks 12th of 43 groups.
Across the 3 decades both report, Europe & Central Asia (excluding high income) averaged higher in 1 and Greenland in 2.
Head to head by decade
| Decade | Europe & Central Asia (excluding high income) | Greenland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 26.8% | 26.6% | 0.2% | Europe & Central Asia (excluding high income) |
| 2010s | 27.9% | 33.2% | 5.3% | Greenland |
| 2020s | 30.0% | 36.0% | 6.0% | Greenland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Europe & Central Asia (excluding high income) or Greenland?
- Greenland, at 36.0% against 29.8% in Europe & Central Asia (excluding high income) as of 2023.
- What is the difference in gross capital formation between Europe & Central Asia (excluding high income) and Greenland?
- 6.2%, with Greenland ahead.
- How many years of comparable data are there for Europe & Central Asia (excluding high income) and Greenland?
- 21 years are reported by both, from 2003 to 2023.
- How do Europe & Central Asia (excluding high income) and Greenland rank globally for gross capital formation?
- Europe & Central Asia (excluding high income) ranks 13th and Greenland ranks 12th of 43 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.