Gross capital formation (constant 2015 US$), per square kilometre in Greenland
Greenland: Gross capital formation (constant 2015 US$), per square kilometre was 2,540 constant 2015 US$ per square kilometre in 2023. ▲ Rising
Gross capital formation (constant 2015 US$), per square kilometre in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
The most recent figure for gross capital formation (constant 2015 us$), per square kilometre in Greenland is 2,540 constant 2015 US$ per square kilometre, measured in 2023.
Compared with earlier readings it is down 3.6% on the previous year and up 49.4% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), per square kilometre in Greenland peaked at 3,514 constant 2015 US$ per square kilometre in 2011 and was at its lowest, 777.07 constant 2015 US$ per square kilometre, in 2004.
That places Greenland 157th out of 160 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Gross capital formation (constant 2015 US$), per square kilometre in Greenland, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 2003 | 825.97 constant 2015 US$ per square kilometre | — |
| 2004 | 777.07 constant 2015 US$ per square kilometre | -5.9% |
| 2005 | 1,130 constant 2015 US$ per square kilometre | +45.4% |
| 2006 | 1,153 constant 2015 US$ per square kilometre | +2.0% |
| 2007 | 1,500 constant 2015 US$ per square kilometre | +30.1% |
| 2008 | 2,019 constant 2015 US$ per square kilometre | +34.6% |
| 2009 | 1,726 constant 2015 US$ per square kilometre | -14.5% |
| 2010 | 2,874 constant 2015 US$ per square kilometre | +66.5% |
| 2011 | 3,514 constant 2015 US$ per square kilometre | +22.3% |
| 2012 | 2,145 constant 2015 US$ per square kilometre | -39.0% |
| 2013 | 1,700 constant 2015 US$ per square kilometre | -20.7% |
| 2014 | 1,327 constant 2015 US$ per square kilometre | -21.9% |
| 2015 | 1,463 constant 2015 US$ per square kilometre | +10.2% |
| 2016 | 1,622 constant 2015 US$ per square kilometre | +10.9% |
| 2017 | 1,555 constant 2015 US$ per square kilometre | -4.1% |
| 2018 | 1,448 constant 2015 US$ per square kilometre | -6.9% |
| 2019 | 2,128 constant 2015 US$ per square kilometre | +46.9% |
| 2020 | 2,276 constant 2015 US$ per square kilometre | +7.0% |
| 2021 | 2,589 constant 2015 US$ per square kilometre | +13.7% |
| 2022 | 2,634 constant 2015 US$ per square kilometre | +1.8% |
| 2023 | 2,540 constant 2015 US$ per square kilometre | -3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,304 constant 2015 US$ per square kilometre | 777.07 constant 2015 US$ per square kilometre | 2,019 constant 2015 US$ per square kilometre | 7 |
| 2010s | 1,978 constant 2015 US$ per square kilometre | 1,327 constant 2015 US$ per square kilometre | 3,514 constant 2015 US$ per square kilometre | 10 |
| 2020s | 2,510 constant 2015 US$ per square kilometre | 2,276 constant 2015 US$ per square kilometre | 2,634 constant 2015 US$ per square kilometre | 4 |
Countries ranked near Greenland
- 154 Niger 3,886 constant 2015 US$ per square kilometre compare
- 155 Somalia 3,404 constant 2015 US$ per square kilometre compare
- 156 Venezuela, Bolivarian Republic of 3,210 constant 2015 US$ per square kilometre compare
- 158 Chad 2,146 constant 2015 US$ per square kilometre compare
- 159 Central African Republic 531.13 constant 2015 US$ per square kilometre compare
- 160 Djibouti -23,737 constant 2015 US$ per square kilometre compare
More economy & growth data for Greenland
- Imports of goods and services (current US$), per unit of GDP 0.5109 current US$ per US$ of GDP (2023)
- Imports of goods and services (current US$), annual growth rate 2.55 % change on previous year (2023)
- Gross capital formation (constant 2015 US$), per capita 18,332 constant 2015 US$ per person (2023)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3134 constant 2015 US$ per US$ of GDP (2023)
- Gross capital formation (constant 2015 US$), annual growth rate -3.59 % change on previous year (2023)
- Discrepancy in expenditure estimate of GDP 0 current LCU (2023)
- Services, value added 2.03 billion current US$ (2023)
- Services, value added 13.98 billion current LCU (2023)
- Services, value added 1.75 billion constant 2015 US$ (2023)
- Services, value added 61.0% (2023)
Frequently asked questions
- What is gross capital formation (constant 2015 us$), per square kilometre in Greenland?
- Gross capital formation (constant 2015 us$), per square kilometre in Greenland was 2,540 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), per square kilometre recorded in Greenland?
- The highest recorded value was 3,514 constant 2015 US$ per square kilometre in 2011.
- What is the lowest gross capital formation (constant 2015 us$), per square kilometre recorded in Greenland?
- The lowest recorded value was 777.07 constant 2015 US$ per square kilometre in 2004.
- How does Greenland rank for gross capital formation (constant 2015 us$), per square kilometre?
- Greenland ranks 157th out of 160 countries with data for 2023.
- Is gross capital formation (constant 2015 us$), per square kilometre rising or falling in Greenland?
- Over the last ten years it is up 49.4%. 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$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (constant 2015 US$) divided by Land area (sq. km), 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$) ÷ Land area (sq. km)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.