Greenland vs IBRD only: Gross capital formation

Greenland
36.0%
in 2023
IBRD only
32.4%
in 2024
Greenland rank
12th
IBRD only rank
10th

Gross capital formation over time

  • Greenland
  • IBRD only
2030405060196019922024

How they compare

Greenland currently reports 36.0% against 32.4% in IBRD only, a difference of 3.6%.

That makes Greenland's figure about 1.1 times IBRD only's.

The two have swapped places 3 times across 21 shared years of data; in 2003 it was IBRD only ahead.

Greenland ranks 12th and IBRD only ranks 10th of 187 countries.

Across the 3 decades both report, Greenland averaged higher in 2 and IBRD only in 1.

Head to head by decade

Decade Greenland IBRD only Difference Ahead
2000s 26.6% 29.0% 2.5% IBRD only
2010s 33.2% 32.8% 0.3% Greenland
2020s 36.0% 33.6% 2.4% Greenland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation, Greenland or IBRD only?
Greenland, at 36.0% against 32.4% in IBRD only as of 2023.
What is the difference in gross capital formation between Greenland and IBRD only?
3.6%, with Greenland ahead.
How many years of comparable data are there for Greenland and IBRD only?
21 years are reported by both, from 2003 to 2023.
How do Greenland and IBRD only rank globally for gross capital formation?
Greenland ranks 12th and IBRD only ranks 10th of 187 countries.
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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Greenland vs IBRD only: Gross capital formation. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 12 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-percent-of-gdp/greenland/ibrd-only/

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About this data

Indicator
Gross capital formation (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
230 places, 10,938 data points, 1960–2025
Last refreshed

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.