Greenland vs Lower middle income: Gross fixed capital formation
Gross fixed capital formation over time
- Greenland
- Lower middle income
How they compare
Greenland currently reports 34.7% against 28.9% in Lower middle income, a difference of 5.8%.
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 11th and Lower middle income ranks 12th of 181 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% | 27.3% | 0.6% | Lower middle income |
| 2010s | 33.3% | 26.5% | 6.9% | Greenland |
| 2020s | 35.3% | 27.0% | 8.3% | Greenland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Greenland or Lower middle income?
- Greenland, at 34.7% against 28.9% in Lower middle income as of 2023.
- What is the difference in gross fixed capital formation between Greenland and Lower middle income?
- 5.8%, 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 fixed capital formation?
- Greenland ranks 11th and Lower middle income ranks 12th 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.
Individual pages
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.