Gross capital formation (constant LCU), per capita in Greenland
Greenland: Gross capital formation (constant LCU), per capita was 114,545 constant LCU per person in 2023. ▲ Rising
Gross capital formation (constant LCU), per capita in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
The most recent figure for gross capital formation (constant lcu), per capita in Greenland is 114,545 constant LCU 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 lcu), per capita in Greenland peaked at 158,429 constant LCU per person in 2011 and was at its lowest, 35,026 constant LCU per person, in 2004.
That places Greenland 44th out of 170 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Gross capital formation (constant LCU), per capita in Greenland, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 2003 | 37,326 constant LCU per person | — |
| 2004 | 35,026 constant LCU per person | -6.2% |
| 2005 | 50,893 constant LCU per person | +45.3% |
| 2006 | 52,081 constant LCU per person | +2.3% |
| 2007 | 68,003 constant LCU per person | +30.6% |
| 2008 | 91,908 constant LCU per person | +35.2% |
| 2009 | 78,593 constant LCU per person | -14.5% |
| 2010 | 130,369 constant LCU per person | +65.9% |
| 2011 | 158,429 constant LCU per person | +21.5% |
| 2012 | 96,840 constant LCU per person | -38.9% |
| 2013 | 77,200 constant LCU per person | -20.3% |
| 2014 | 60,474 constant LCU per person | -21.7% |
| 2015 | 66,869 constant LCU per person | +10.6% |
| 2016 | 74,052 constant LCU per person | +10.7% |
| 2017 | 71,009 constant LCU per person | -4.1% |
| 2018 | 66,291 constant LCU per person | -6.6% |
| 2019 | 97,060 constant LCU per person | +46.4% |
| 2020 | 103,575 constant LCU per person | +6.7% |
| 2021 | 117,189 constant LCU per person | +13.1% |
| 2022 | 119,239 constant LCU per person | +1.7% |
| 2023 | 114,545 constant LCU per person | -3.9% |
Greenland compared with similar countries
- Greenland's 114,545 constant LCU per person is above the median for high income countries, which is 10,736 constant LCU per person, 10.7× the median. (58 countries reporting)
- Greenland's 114,545 constant LCU per person is above the median for Europe & Central Asia, which is 9,201 constant LCU per person, 12.4× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 59,119 constant LCU per person | 35,026 constant LCU per person | 91,908 constant LCU per person | 7 |
| 2010s | 89,859 constant LCU per person | 60,474 constant LCU per person | 158,429 constant LCU per person | 10 |
| 2020s | 113,637 constant LCU per person | 103,575 constant LCU per person | 119,239 constant LCU per person | 4 |
Countries ranked near Greenland
- 41 Dominican Republic 120,971 constant LCU per person compare
- 42 Bhutan 119,611 constant LCU per person compare
- 43 Algeria 115,621 constant LCU per person compare
- 45 Comoros 113,862 constant LCU per person compare
- 46 Cape Verde 105,254 constant LCU per person compare
- 47 Chad 102,007 constant LCU per person compare
More economy & growth data for Greenland
- Final consumption expenditure (constant 2015 US$), per capita 40,333 constant 2015 US$ per person (2023)
- Gross national expenditure (current US$), per capita 64,520 current US$ per person (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- General government final consumption expenditure (current US$), per 24,400 current US$ per person (2023)
- Gross national expenditure (current US$), annual growth rate 4.12 % change on previous year (2023)
- General government final consumption expenditure (current LCU) 3.81 % change on previous year (2023)
- Final consumption expenditure (current LCU), per capita 299,448 current LCU per person (2023)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.24 % change on previous year (2023)
- Gross national expenditure (current LCU), annual growth rate 1.37 % change on previous year (2023)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6895 constant 2015 US$ per US$ of GDP (2023)
Frequently asked questions
- What is gross capital formation (constant lcu), per capita in Greenland?
- Gross capital formation (constant lcu), per capita in Greenland was 114,545 constant LCU per person in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per capita recorded in Greenland?
- The highest recorded value was 158,429 constant LCU per person in 2011.
- What is the lowest gross capital formation (constant lcu), per capita recorded in Greenland?
- The lowest recorded value was 35,026 constant LCU per person in 2004.
- How does Greenland rank for gross capital formation (constant lcu), per capita?
- Greenland ranks 44th out of 170 countries with data for 2023.
- Is gross capital formation (constant lcu), 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 LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (constant LCU) 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 LCU) ÷ 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 LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.