Gross capital formation (constant LCU), per square kilometre in Greenland
Greenland: Gross capital formation (constant LCU), per square kilometre was 15,869 constant LCU per square kilometre in 2023. ▲ Rising
Gross capital formation (constant LCU), per square kilometre in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
Greenland recorded 15,869 constant LCU per square kilometre for gross capital formation (constant lcu), per square kilometre 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 lcu), per square kilometre in Greenland peaked at 21,959 constant LCU per square kilometre in 2011 and was at its lowest, 4,855 constant LCU per square kilometre, in 2004.
That places Greenland 159th out of 166 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 LCU), per square kilometre in Greenland, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 2003 | 5,161 constant LCU per square kilometre | — |
| 2004 | 4,855 constant LCU per square kilometre | -5.9% |
| 2005 | 7,060 constant LCU per square kilometre | +45.4% |
| 2006 | 7,204 constant LCU per square kilometre | +2.0% |
| 2007 | 9,370 constant LCU per square kilometre | +30.1% |
| 2008 | 12,613 constant LCU per square kilometre | +34.6% |
| 2009 | 10,785 constant LCU per square kilometre | -14.5% |
| 2010 | 17,957 constant LCU per square kilometre | +66.5% |
| 2011 | 21,959 constant LCU per square kilometre | +22.3% |
| 2012 | 13,404 constant LCU per square kilometre | -39.0% |
| 2013 | 10,624 constant LCU per square kilometre | -20.7% |
| 2014 | 8,294 constant LCU per square kilometre | -21.9% |
| 2015 | 9,142 constant LCU per square kilometre | +10.2% |
| 2016 | 10,137 constant LCU per square kilometre | +10.9% |
| 2017 | 9,718 constant LCU per square kilometre | -4.1% |
| 2018 | 9,048 constant LCU per square kilometre | -6.9% |
| 2019 | 13,296 constant LCU per square kilometre | +46.9% |
| 2020 | 14,224 constant LCU per square kilometre | +7.0% |
| 2021 | 16,175 constant LCU per square kilometre | +13.7% |
| 2022 | 16,460 constant LCU per square kilometre | +1.8% |
| 2023 | 15,869 constant LCU per square kilometre | -3.6% |
Greenland compared with similar countries
- Greenland's 15,869 constant LCU per square kilometre is below the median for high income countries, which is 1.60 million constant LCU per square kilometre, 1% of the median. (58 countries reporting)
- Greenland's 15,869 constant LCU per square kilometre is below the median for Europe & Central Asia, which is 1.31 million constant LCU per square kilometre, 1% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8,150 constant LCU per square kilometre | 4,855 constant LCU per square kilometre | 12,613 constant LCU per square kilometre | 7 |
| 2010s | 12,358 constant LCU per square kilometre | 8,294 constant LCU per square kilometre | 21,959 constant LCU per square kilometre | 10 |
| 2020s | 15,682 constant LCU per square kilometre | 14,224 constant LCU per square kilometre | 16,460 constant LCU per square kilometre | 4 |
Countries ranked near Greenland
- 156 East Timor 27,668 constant LCU per square kilometre compare
- 157 Yemen 25,128 constant LCU per square kilometre compare
- 158 Zimbabwe 17,504 constant LCU per square kilometre compare
- 160 Turkmenistan 8,257 constant LCU per square kilometre
- 161 Libya 5,775 constant LCU per square kilometre compare
- 162 Papua New Guinea 4,171 constant LCU per square kilometre
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 lcu), per square kilometre in Greenland?
- Gross capital formation (constant lcu), per square kilometre in Greenland was 15,869 constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per square kilometre recorded in Greenland?
- The highest recorded value was 21,959 constant LCU per square kilometre in 2011.
- What is the lowest gross capital formation (constant lcu), per square kilometre recorded in Greenland?
- The lowest recorded value was 4,855 constant LCU per square kilometre in 2004.
- How does Greenland rank for gross capital formation (constant lcu), per square kilometre?
- Greenland ranks 159th out of 166 countries with data for 2023.
- Is gross capital formation (constant lcu), 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 LCU), per square kilometre. Statizoid updates them automatically from the source API.
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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 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 LCU) ÷ 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 LCU) 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.