Greenland vs Lower middle income: Gross capital formation
Gross capital formation over time
- Greenland
- Lower middle income
How they compare
Greenland currently reports 36.0% against 31.1% in Lower middle income, a difference of 4.9%.
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 | 26.6% | 30.6% | 4.0% | Lower middle income |
| 2010s | 33.2% | 29.2% | 4.0% | Greenland |
| 2020s | 36.0% | 28.8% | 7.2% | Greenland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Greenland or Lower middle income?
- Greenland, at 36.0% against 31.1% in Lower middle income as of 2023.
- What is the difference in gross capital formation between Greenland and Lower middle income?
- 4.9%, 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?
- Greenland ranks 12th and Lower middle income ranks 12th 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.