Greenland vs Melanesia: Gross Fixed Capital Formation — Value US$, annual growth rate
Greenland
1.94 % change on previous year
in 2024
Melanesia
2.11 % change on previous year
in 2024
Greenland rank
165th
Melanesia rank
164th
Gross Fixed Capital Formation — Value US$, annual growth rate over time
- Greenland
- Melanesia
How they compare
Melanesia currently reports 2.11 % change on previous year against 1.94 % change on previous year in Greenland, a difference of 0.17 % change on previous year.
That makes Melanesia's figure about 1.1 times Greenland's.
The two have swapped places 23 times across 54 shared years of data; in 1971 it was Greenland ahead.
Greenland ranks 165th and Melanesia ranks 164th of 235 countries.
Across the 6 decades both report, Greenland averaged higher in 4 and Melanesia in 2.
Head to head by decade
| Decade | Greenland | Melanesia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 20.82 % change on previous year | 5.9 % change on previous year | 14.92 % change on previous year | Greenland |
| 1980s | 3.2 % change on previous year | 6.24 % change on previous year | 3.04 % change on previous year | Melanesia |
| 1990s | 5.2 % change on previous year | 0.8612 % change on previous year | 4.34 % change on previous year | Greenland |
| 2000s | 13.18 % change on previous year | 12.3 % change on previous year | 0.8813 % change on previous year | Greenland |
| 2010s | 5.8 % change on previous year | 1.24 % change on previous year | 4.56 % change on previous year | Greenland |
| 2020s | 1.97 % change on previous year | 3.01 % change on previous year | 1.04 % change on previous year | Melanesia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, annual growth rate, Greenland or Melanesia?
- Melanesia, at 2.11 % change on previous year against 1.94 % change on previous year in Greenland as of 2024.
- What is the difference in gross fixed capital formation — value us$, annual growth rate between Greenland and Melanesia?
- 0.17 % change on previous year, with Melanesia ahead.
- How many years of comparable data are there for Greenland and Melanesia?
- 54 years are reported by both, from 1971 to 2024.
- How do Greenland and Melanesia rank globally for gross fixed capital formation — value us$, annual growth rate?
- Greenland ranks 165th and Melanesia ranks 164th of 235 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.