Gross capital formation (current LCU), per square kilometre in Greenland

Greenland: Gross capital formation (current LCU), per square kilometre was 20,099 current LCU per square kilometre in 2023. ▲ Rising

Latest (2023)
20,099 current LCU per square kilometre
Change on year
down 2.3%
World rank
180th
of 184 countries
All-time high
22,475 current LCU per square kilometre
in 2011
All-time low
4,341 current LCU per square kilometre
in 2004
Years of data
21
2003–2023

Gross capital formation (current LCU), per square kilometre in Greenland, 2003–2023

5.0k10.0k15.0k20.0k2003201320232003: 4.8k current LCU per square kilometre2004: 4.3k current LCU per square kilometre2005: 6.5k current LCU per square kilometre2006: 6.7k current LCU per square kilometre2007: 9.1k current LCU per square kilometre2008: 12.5k current LCU per square kilometre2009: 10.6k current LCU per square kilometre2010: 18.0k current LCU per square kilometre2011: 22.5k current LCU per square kilometre2012: 13.9k current LCU per square kilometre2013: 11.1k current LCU per square kilometre2014: 8.8k current LCU per square kilometre2015: 9.8k current LCU per square kilometre2016: 10.9k current LCU per square kilometre2017: 10.8k current LCU per square kilometre2018: 10.2k current LCU per square kilometre2019: 15.2k current LCU per square kilometre2020: 16.3k current LCU per square kilometre2021: 18.7k current LCU per square kilometre2022: 20.6k current LCU per square kilometre2023: 20.1k current LCU per square kilometre

Source: Statizoid (derived). Measured in current LCU per square kilometre.

Analysis

Greenland recorded 20,099 current LCU per square kilometre for gross capital formation (current lcu), per square kilometre in 2023.

The figure is down 2.3% on the previous year and up 81.8% over ten years.

Over the whole period, gross capital formation (current lcu), per square kilometre in Greenland peaked at 22,475 current LCU per square kilometre in 2011 and was at its lowest, 4,341 current LCU per square kilometre, in 2004.

Greenland ranks 180th of 184 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Gross capital formation (current LCU), per square kilometre in Greenland, year by year

Annual values for Gross capital formation (current LCU), per square kilometre in Greenland, 2003 to 2023.
Year current LCU per square kilometre Change
2003 4,842 current LCU per square kilometre
2004 4,341 current LCU per square kilometre -10.4%
2005 6,529 current LCU per square kilometre +50.4%
2006 6,749 current LCU per square kilometre +3.4%
2007 9,100 current LCU per square kilometre +34.8%
2008 12,509 current LCU per square kilometre +37.5%
2009 10,644 current LCU per square kilometre -14.9%
2010 17,957 current LCU per square kilometre +68.7%
2011 22,475 current LCU per square kilometre +25.2%
2012 13,874 current LCU per square kilometre -38.3%
2013 11,057 current LCU per square kilometre -20.3%
2014 8,782 current LCU per square kilometre -20.6%
2015 9,844 current LCU per square kilometre +12.1%
2016 10,876 current LCU per square kilometre +10.5%
2017 10,833 current LCU per square kilometre -0.4%
2018 10,221 current LCU per square kilometre -5.7%
2019 15,229 current LCU per square kilometre +49.0%
2020 16,258 current LCU per square kilometre +6.8%
2021 18,721 current LCU per square kilometre +15.1%
2022 20,565 current LCU per square kilometre +9.8%
2023 20,099 current LCU per square kilometre -2.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 7,816 current LCU per square kilometre 4,341 current LCU per square kilometre 12,509 current LCU per square kilometre 7
2010s 13,115 current LCU per square kilometre 8,782 current LCU per square kilometre 22,475 current LCU per square kilometre 10
2020s 18,911 current LCU per square kilometre 16,258 current LCU per square kilometre 20,565 current LCU per square kilometre 4

Countries ranked near Greenland

  1. 177 Timor-Leste 28,656 current LCU per square kilometre compare
  2. 178 Suriname 27,052 current LCU per square kilometre compare
  3. 179 Libya 20,329 current LCU per square kilometre compare
  4. 181 Zimbabwe 17,504 current LCU per square kilometre compare
  5. 182 Syrian Arab Republic 5,965 current LCU per square kilometre
  6. 183 Papua New Guinea 5,588 current LCU per square kilometre

See the full ranking of 184 places →

More economy & growth data for Greenland

All data for Greenland →

Frequently asked questions

What is gross capital formation (current lcu), per square kilometre in Greenland?
Gross capital formation (current lcu), per square kilometre in Greenland was 20,099 current LCU per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross capital formation (current lcu), per square kilometre recorded in Greenland?
The highest recorded value was 22,475 current LCU per square kilometre in 2011.
What is the lowest gross capital formation (current lcu), per square kilometre recorded in Greenland?
The lowest recorded value was 4,341 current LCU per square kilometre in 2004.
How does Greenland rank for gross capital formation (current lcu), per square kilometre?
Greenland ranks 180th out of 184 countries with data for 2023.
Is gross capital formation (current lcu), per square kilometre rising or falling in Greenland?
Over the last ten years it is up 81.8%. 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 square kilometre. Statizoid updates them automatically from the source API.

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Gross capital formation (current LCU), per square kilometre in Greenland. Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-current-lcu-per-square-kilometre/greenland/

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<a href="https://economy.statizoid.com/stat/gross-capital-formation-current-lcu-per-square-kilometre/greenland/">Gross capital formation (current LCU), per square kilometre in Greenland</a> — Statizoid

How this figure is calculated

Gross capital formation (current 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 (current LCU) ÷ Land area (sq. km)

Computed from

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

Indicator
Gross capital formation (current LCU), per square kilometre
Unit
current LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 8,138 data points, 1961–2023
Last refreshed

Gross capital formation (current 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.