Adjusted savings: consumption of fixed capital in Greenland
Greenland: Adjusted savings: consumption of fixed capital was 381.37 million current US$ in 2020. ◆ Volatile
Latest (2020)
381.37 million current US$
Change on year
up 9.1%
World rank
170th
of 206 countries
All-time high
381.37 million current US$
in 2020
All-time low
5.23 million current US$
in 1970
Years of data
51
1970–2020
Adjusted savings: consumption of fixed capital in Greenland, 1970–2020
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Greenland recorded 381.37 million current US$ for adjusted savings: consumption of fixed capital in 2020. That is the highest value across all 51 years on record.
That represents a change of up 9.1% on the previous year and up 27.2% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in Greenland peaked at 381.37 million current US$ in 2020 and was at its lowest, 5.23 million current US$, in 1970.
That places Greenland 170th out of 206 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: consumption of fixed capital in Greenland, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 5.23 million current US$ | — |
| 1971 | 6.68 million current US$ | +27.8% |
| 1972 | 8.01 million current US$ | +19.9% |
| 1973 | 10.60 million current US$ | +32.3% |
| 1974 | 12.87 million current US$ | +21.4% |
| 1975 | 17.50 million current US$ | +35.9% |
| 1976 | 19.99 million current US$ | +14.2% |
| 1977 | 23.52 million current US$ | +17.6% |
| 1978 | 29.73 million current US$ | +26.4% |
| 1979 | 35.17 million current US$ | +18.3% |
| 1980 | 44.34 million current US$ | +26.1% |
| 1981 | 40.57 million current US$ | -8.5% |
| 1982 | 37.38 million current US$ | -7.9% |
| 1983 | 38.70 million current US$ | +3.5% |
| 1984 | 35.18 million current US$ | -9.1% |
| 1985 | 42.00 million current US$ | +19.4% |
| 1986 | 61.52 million current US$ | +46.5% |
| 1987 | 80.50 million current US$ | +30.8% |
| 1988 | 92.05 million current US$ | +14.3% |
| 1989 | 95.49 million current US$ | +3.7% |
| 1990 | 103.95 million current US$ | +8.9% |
| 1991 | 103.69 million current US$ | -0.3% |
| 1992 | 105.64 million current US$ | +1.9% |
| 1993 | 94.17 million current US$ | -10.9% |
| 1994 | 102.34 million current US$ | +8.7% |
| 1995 | 135.29 million current US$ | +32.2% |
| 1996 | 134.21 million current US$ | -0.8% |
| 1997 | 119.85 million current US$ | -10.7% |
| 1998 | 129.56 million current US$ | +8.1% |
| 1999 | 127.77 million current US$ | -1.4% |
| 2000 | 120.08 million current US$ | -6.0% |
| 2001 | 121.74 million current US$ | +1.4% |
| 2002 | 131.28 million current US$ | +7.8% |
| 2003 | 173.93 million current US$ | +32.5% |
| 2004 | 204.16 million current US$ | +17.4% |
| 2005 | 204.08 million current US$ | -0.0% |
| 2006 | 226.28 million current US$ | +10.9% |
| 2007 | 249.09 million current US$ | +10.1% |
| 2008 | 287.73 million current US$ | +15.5% |
| 2009 | 282.44 million current US$ | -1.8% |
| 2010 | 299.70 million current US$ | +6.1% |
| 2011 | 321.66 million current US$ | +7.3% |
| 2012 | 309.61 million current US$ | -3.7% |
| 2013 | 308.00 million current US$ | -0.5% |
| 2014 | 321.22 million current US$ | +4.3% |
| 2015 | 290.64 million current US$ | -9.5% |
| 2016 | 322.25 million current US$ | +10.9% |
| 2017 | 331.65 million current US$ | +2.9% |
| 2018 | 366.89 million current US$ | +10.6% |
| 2019 | 349.56 million current US$ | -4.7% |
| 2020 | 381.37 million current US$ | +9.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.93 million current US$ | 5.23 million current US$ | 35.17 million current US$ | 10 |
| 1980s | 56.77 million current US$ | 35.18 million current US$ | 95.49 million current US$ | 10 |
| 1990s | 115.65 million current US$ | 94.17 million current US$ | 135.29 million current US$ | 10 |
| 2000s | 200.08 million current US$ | 120.08 million current US$ | 287.73 million current US$ | 10 |
| 2010s | 322.12 million current US$ | 290.64 million current US$ | 366.89 million current US$ | 10 |
| 2020s | 381.37 million current US$ | 381.37 million current US$ | 381.37 million current US$ | 1 |
Countries ranked near Greenland
More economy & growth data for Greenland
- GNI, Atlas method (current US$), per capita 34,797 current US$ per person (2007)
- GNI (current LCU), per unit of GDP 4.94 current LCU per US$ of GDP (2007)
- GNI (current LCU), annual growth rate 12.79 % change on previous year (2007)
- GNI (current US$), per capita 36,110 current US$ per person (2007)
- GNI (current US$), per unit of GDP 0.9077 current US$ per US$ of GDP (2007)
- GNI (current US$), annual growth rate 23.21 % change on previous year (2007)
- Gross domestic savings (current LCU), per capita 103,593 current LCU per person (2023)
- Gross domestic savings (current LCU), annual growth rate 1.36 % change on previous year (2023)
- Gross domestic savings (current LCU), per unit of GDP 1.77 current LCU per US$ of GDP (2023)
- GNI (current LCU), per capita 196,570 current LCU per person (2007)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in Greenland?
- Adjusted savings: consumption of fixed capital in Greenland was 381.37 million current US$ in 2020, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: consumption of fixed capital recorded in Greenland?
- The highest recorded value was 381.37 million current US$ in 2020.
- What is the lowest adjusted savings: consumption of fixed capital recorded in Greenland?
- The lowest recorded value was 5.23 million current US$ in 1970.
- How does Greenland rank for adjusted savings: consumption of fixed capital?
- Greenland ranks 170th out of 206 countries with data for 2020.
- Is adjusted savings: consumption of fixed capital rising or falling in Greenland?
- Over the last ten years it is up 27.2%. The long-run trend across the full record is volatile.
- Where does this Greenland data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (current US$). Statizoid updates them automatically from the source API.
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.