Gross capital formation (constant 2015 US$), per capita (capita 2015) in Greenland
Greenland: Gross capital formation (constant 2015 US$), per capita (capita 2015) was 18,332 constant 2015 US$ per person in 2023. ▲ Rising
Gross capital formation (constant 2015 US$), per capita in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
The most recent figure for gross capital formation (constant 2015 us$), per capita in Greenland is 18,332 constant 2015 US$ per person, measured in 2023.
Compared with earlier readings it is down 3.9% on the previous year and up 48.4% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), per capita in Greenland peaked at 25,355 constant 2015 US$ per person in 2011 and was at its lowest, 5,606 constant 2015 US$ per person, in 2004.
Greenland ranks 5th of 163 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 21 years of available data.
Gross capital formation (constant 2015 US$), per capita (capita 2015) in Greenland, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 2003 | 5,974 constant 2015 US$ per person | — |
| 2004 | 5,606 constant 2015 US$ per person | -6.2% |
| 2005 | 8,145 constant 2015 US$ per person | +45.3% |
| 2006 | 8,335 constant 2015 US$ per person | +2.3% |
| 2007 | 10,883 constant 2015 US$ per person | +30.6% |
| 2008 | 14,709 constant 2015 US$ per person | +35.2% |
| 2009 | 12,578 constant 2015 US$ per person | -14.5% |
| 2010 | 20,865 constant 2015 US$ per person | +65.9% |
| 2011 | 25,355 constant 2015 US$ per person | +21.5% |
| 2012 | 15,499 constant 2015 US$ per person | -38.9% |
| 2013 | 12,355 constant 2015 US$ per person | -20.3% |
| 2014 | 9,678 constant 2015 US$ per person | -21.7% |
| 2015 | 10,702 constant 2015 US$ per person | +10.6% |
| 2016 | 11,852 constant 2015 US$ per person | +10.7% |
| 2017 | 11,364 constant 2015 US$ per person | -4.1% |
| 2018 | 10,609 constant 2015 US$ per person | -6.6% |
| 2019 | 15,534 constant 2015 US$ per person | +46.4% |
| 2020 | 16,576 constant 2015 US$ per person | +6.7% |
| 2021 | 18,755 constant 2015 US$ per person | +13.1% |
| 2022 | 19,083 constant 2015 US$ per person | +1.7% |
| 2023 | 18,332 constant 2015 US$ per person | -3.9% |
Greenland compared with similar countries
- Greenland's 18,332 constant 2015 US$ per person is above the median for high income countries, which is 7,768 constant 2015 US$ per person, 2.4× the median. (58 countries reporting)
- Greenland's 18,332 constant 2015 US$ per person is above the median for Europe & Central Asia, which is 4,641 constant 2015 US$ per person, 3.9× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9,462 constant 2015 US$ per person | 5,606 constant 2015 US$ per person | 14,709 constant 2015 US$ per person | 7 |
| 2010s | 14,381 constant 2015 US$ per person | 9,678 constant 2015 US$ per person | 25,355 constant 2015 US$ per person | 10 |
| 2020s | 18,187 constant 2015 US$ per person | 16,576 constant 2015 US$ per person | 19,083 constant 2015 US$ per person | 4 |
Countries ranked near Greenland
- 2 Qatar 23,703 constant 2015 US$ per person compare
- 3 Ireland 22,090 constant 2015 US$ per person compare
- 4 Norway 18,489 constant 2015 US$ per person compare
- 6 Singapore 17,358 constant 2015 US$ per person compare
- 7 Iceland 15,584 constant 2015 US$ per person compare
- 8 Luxembourg 15,304 constant 2015 US$ per person compare
More economy & growth data for Greenland
- Final consumption expenditure (current LCU), per capita 299,448 current LCU per person (2023)
- Gross national expenditure (current US$), annual growth rate 4.12 % change on previous year (2023)
- Final consumption expenditure (constant 2015 US$), per capita 40,333 constant 2015 US$ per person (2023)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6895 constant 2015 US$ per US$ of GDP (2023)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.24 % change on previous year (2023)
- Final consumption expenditure (current LCU), annual growth rate 3.24 % change on previous year (2023)
- Final consumption expenditure (current US$), per unit of GDP 0.743 current US$ per US$ of GDP (2023)
- Final consumption expenditure (current US$), per capita 43,463 current US$ per person (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Final consumption expenditure (current LCU), per unit of GDP 5.12 current LCU per US$ of GDP (2023)
Frequently asked questions
- What is gross capital formation (constant 2015 us$), per capita in Greenland?
- Gross capital formation (constant 2015 us$), per capita in Greenland was 18,332 constant 2015 US$ per person in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), per capita recorded in Greenland?
- The highest recorded value was 25,355 constant 2015 US$ per person in 2011.
- What is the lowest gross capital formation (constant 2015 us$), per capita recorded in Greenland?
- The lowest recorded value was 5,606 constant 2015 US$ per person in 2004.
- How does Greenland rank for gross capital formation (constant 2015 us$), per capita?
- Greenland ranks 5th out of 163 countries with data for 2023.
- Is gross capital formation (constant 2015 us$), per capita rising or falling in Greenland?
- Over the last ten years it is up 48.4%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant 2015 US$) ÷ Population, total
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.