Greenland vs IDA total: Gross capital formation
Gross capital formation over time
- Greenland
- IDA total
How they compare
Greenland currently reports 36.0% against 28.0% in IDA total, a difference of 8.0%.
That makes Greenland's figure about 1.3 times IDA total's.
The two have swapped places 3 times across 21 shared years of data; in 2003 it was IDA total ahead.
Greenland ranks 12th and IDA total ranks 14th of 187 countries.
Greenland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Greenland | IDA total | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 26.6% | 22.7% | 3.9% | Greenland |
| 2010s | 33.2% | 25.0% | 8.2% | Greenland |
| 2020s | 36.0% | 26.5% | 9.5% | Greenland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Greenland or IDA total?
- Greenland, at 36.0% against 28.0% in IDA total as of 2023.
- What is the difference in gross capital formation between Greenland and IDA total?
- 8.0%, with Greenland ahead.
- How many years of comparable data are there for Greenland and IDA total?
- 21 years are reported by both, from 2003 to 2023.
- How do Greenland and IDA total rank globally for gross capital formation?
- Greenland ranks 12th and IDA total ranks 14th 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.
Individual pages
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.