Gross capital formation (current LCU), per capita (capita LCU) in Greenland
Greenland: Gross capital formation (current LCU), per capita (capita LCU) was 145,077 current LCU per person in 2023. ▲ Rising
Gross capital formation (current LCU), per capita in Greenland, 2003–2023
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
In 2023, gross capital formation (current lcu), per capita in Greenland stood at 145,077 current LCU per person.
The figure is down 2.6% on the previous year and up 80.6% over ten years.
Over the whole period, gross capital formation (current lcu), per capita in Greenland peaked at 162,155 current LCU per person in 2011 and was at its lowest, 31,312 current LCU per person, in 2004.
Greenland ranks 53rd of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Gross capital formation (current LCU), per capita (capita LCU) in Greenland, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 2003 | 35,023 current LCU per person | — |
| 2004 | 31,312 current LCU per person | -10.6% |
| 2005 | 47,070 current LCU per person | +50.3% |
| 2006 | 48,791 current LCU per person | +3.7% |
| 2007 | 66,045 current LCU per person | +35.4% |
| 2008 | 91,150 current LCU per person | +38.0% |
| 2009 | 77,569 current LCU per person | -14.9% |
| 2010 | 130,369 current LCU per person | +68.1% |
| 2011 | 162,155 current LCU per person | +24.4% |
| 2012 | 100,241 current LCU per person | -38.2% |
| 2013 | 80,346 current LCU per person | -19.8% |
| 2014 | 64,031 current LCU per person | -20.3% |
| 2015 | 72,002 current LCU per person | +12.4% |
| 2016 | 79,454 current LCU per person | +10.4% |
| 2017 | 79,159 current LCU per person | -0.4% |
| 2018 | 74,884 current LCU per person | -5.4% |
| 2019 | 111,177 current LCU per person | +48.5% |
| 2020 | 118,390 current LCU per person | +6.5% |
| 2021 | 135,636 current LCU per person | +14.6% |
| 2022 | 148,972 current LCU per person | +9.8% |
| 2023 | 145,077 current LCU per person | -2.6% |
Greenland compared with similar countries
- Greenland's 145,077 current LCU per person is above the median for high income countries, which is 18,554 current LCU per person, 7.8× the median. (67 countries reporting)
- Greenland's 145,077 current LCU per person is above the median for Europe & Central Asia, which is 13,050 current LCU per person, 11.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 56,709 current LCU per person | 31,312 current LCU per person | 91,150 current LCU per person | 7 |
| 2010s | 95,382 current LCU per person | 64,031 current LCU per person | 162,155 current LCU per person | 10 |
| 2020s | 137,019 current LCU per person | 118,390 current LCU per person | 148,972 current LCU per person | 4 |
Countries ranked near Greenland
More economy & growth data for Greenland
- Final consumption expenditure (constant 2015 US$), per capita 40,333 constant 2015 US$ per person (2023)
- Final consumption expenditure (current US$), annual growth rate 6.03 % change on previous year (2023)
- Final consumption expenditure (current US$), 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)
- Final consumption expenditure (current LCU), annual growth rate 3.24 % change on previous year (2023)
- Final consumption expenditure (current LCU), per unit of GDP 5.12 current LCU per US$ of GDP (2023)
- Final consumption expenditure (current LCU), per capita 299,448 current LCU per person (2023)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.24 % change on previous year (2023)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6895 constant 2015 US$ per US$ of GDP (2023)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.3182 % change on previous year (2023)
Frequently asked questions
- What is gross capital formation (current lcu), per capita in Greenland?
- Gross capital formation (current lcu), per capita in Greenland was 145,077 current LCU per person in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per capita recorded in Greenland?
- The highest recorded value was 162,155 current LCU per person in 2011.
- What is the lowest gross capital formation (current lcu), per capita recorded in Greenland?
- The lowest recorded value was 31,312 current LCU per person in 2004.
- How does Greenland rank for gross capital formation (current lcu), per capita?
- Greenland ranks 53rd out of 187 countries with data for 2023.
- Is gross capital formation (current lcu), per capita rising or falling in Greenland?
- Over the last ten years it is up 80.6%. 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 (current 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 (current 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 (current 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 (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.