Greenland vs Low & middle income: Gross capital formation
Gross capital formation over time
- Greenland
- Low & middle income
How they compare
Greenland currently reports 36.0% against 33.2% in Low & middle income, a difference of 2.8%.
That makes Greenland's figure about 1.1 times Low & middle income's.
The two have swapped places 3 times across 21 shared years of data; in 2003 it was Low & middle income ahead.
Greenland ranks 12th and Low & middle income ranks 9th of 187 countries.
Across the 3 decades both report, Greenland averaged higher in 1 and Low & middle income in 2.
Head to head by decade
| Decade | Greenland | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 26.6% | 29.4% | 2.9% | Low & middle income |
| 2010s | 33.2% | 33.5% | 0.3% | Low & middle income |
| 2020s | 36.0% | 34.2% | 1.8% | Greenland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Greenland or Low & middle income?
- Greenland, at 36.0% against 33.2% in Low & middle income as of 2023.
- What is the difference in gross capital formation between Greenland and Low & middle income?
- 2.8%, with Greenland ahead.
- How many years of comparable data are there for Greenland and Low & middle income?
- 21 years are reported by both, from 2003 to 2023.
- How do Greenland and Low & middle income rank globally for gross capital formation?
- Greenland ranks 12th and Low & middle income ranks 9th 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.