Cyprus vs Greenland: Gross fixed capital formation
Gross fixed capital formation over time
- Cyprus
- Greenland
How they compare
Greenland currently reports 7.95 billion current LCU against 7.31 billion current LCU in Cyprus, a difference of 640.51 million current LCU.
That makes Greenland's figure about 1.1 times Cyprus's.
The two have swapped places 3 times across 21 shared years of data; in 2003 it was Cyprus ahead.
Cyprus ranks 154th and Greenland ranks 153rd of 180 countries.
Across the 3 decades both report, Cyprus averaged higher in 1 and Greenland in 2.
Head to head by decade
| Decade | Cyprus | Greenland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.81 billion current LCU | 3.22 billion current LCU | 595.81 million current LCU | Cyprus |
| 2010s | 3.44 billion current LCU | 5.40 billion current LCU | 1.97 billion current LCU | Greenland |
| 2020s | 5.69 billion current LCU | 7.60 billion current LCU | 1.91 billion current LCU | Greenland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Cyprus or Greenland?
- Greenland, at 7.95 billion current LCU against 7.31 billion current LCU in Cyprus as of 2023.
- What is the difference in gross fixed capital formation between Cyprus and Greenland?
- 640.51 million current LCU, with Greenland ahead.
- How many years of comparable data are there for Cyprus and Greenland?
- 21 years are reported by both, from 2003 to 2023.
- How do Cyprus and Greenland rank globally for gross fixed capital formation?
- Cyprus ranks 154th and Greenland ranks 153rd of 180 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.