Greenland vs IDA total: Gross fixed capital formation
Gross fixed capital formation over time
- Greenland
- IDA total
How they compare
Greenland currently reports 34.7% against 27.1% in IDA total, a difference of 7.6%.
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 11th and IDA total ranks 14th of 181 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% | 22.3% | 4.4% | Greenland |
| 2010s | 33.3% | 23.7% | 9.6% | Greenland |
| 2020s | 35.3% | 25.2% | 10.1% | Greenland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Greenland or IDA total?
- Greenland, at 34.7% against 27.1% in IDA total as of 2023.
- What is the difference in gross fixed capital formation between Greenland and IDA total?
- 7.6%, 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 fixed capital formation?
- Greenland ranks 11th and IDA total ranks 14th of 181 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (% of GDP). 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 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.