Gross capital formation (current US$), annual growth rate in Greenland
Greenland: Gross capital formation (current US$), annual growth rate was 0.3806 % change on previous year in 2023. ◆ Volatile
Gross capital formation (current US$), annual growth rate in Greenland, 2004–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Greenland recorded 0.3806 % change on previous year for gross capital formation (current us$), annual growth rate in 2023.
Compared with earlier readings it is up 115.9% on the previous year and up 102.1% over ten years.
Over the whole period, gross capital formation (current us$), annual growth rate in Greenland peaked at 60.8 % change on previous year in 2010 and was at its lowest, -42.78 % change on previous year, in 2012.
That places Greenland 143rd out of 186 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), annual growth rate in Greenland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | -1.44 % change on previous year | — |
| 2005 | 50.27 % change on previous year | -3596.6% |
| 2006 | 4.24 % change on previous year | -91.6% |
| 2007 | 47.3 % change on previous year | +1016.3% |
| 2008 | 46.77 % change on previous year | -1.1% |
| 2009 | -19.08 % change on previous year | -140.8% |
| 2010 | 60.8 % change on previous year | -418.7% |
| 2011 | 31.12 % change on previous year | -48.8% |
| 2012 | -42.78 % change on previous year | -237.5% |
| 2013 | -17.81 % change on previous year | -58.4% |
| 2014 | -20.52 % change on previous year | +15.2% |
| 2015 | -6.5 % change on previous year | -68.3% |
| 2016 | 10.43 % change on previous year | -260.5% |
| 2017 | 1.55 % change on previous year | -85.2% |
| 2018 | -1.34 % change on previous year | -186.9% |
| 2019 | 41.07 % change on previous year | -3155.0% |
| 2020 | 8.84 % change on previous year | -78.5% |
| 2021 | 19.82 % change on previous year | +124.3% |
| 2022 | -2.4 % change on previous year | -112.1% |
| 2023 | 0.3806 % change on previous year | -115.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.35 % change on previous year | -19.08 % change on previous year | 50.27 % change on previous year | 6 |
| 2010s | 5.6 % change on previous year | -42.78 % change on previous year | 60.8 % change on previous year | 10 |
| 2020s | 6.66 % change on previous year | -2.4 % change on previous year | 19.82 % change on previous year | 4 |
Countries ranked near Greenland
- 140 Indonesia 0.9695 % change on previous year compare
- 141 China 0.8984 % change on previous year compare
- 142 Venezuela, Bolivarian Republic of 0.7182 % change on previous year compare
- 144 French Polynesia -0.3546 % change on previous year compare
- 145 Maldives -0.6265 % change on previous year compare
- 146 Bahrain -0.6316 % change on previous year compare
More economy & growth data for Greenland
- 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$), annual growth rate -3.59 % change on previous year (2023)
- Gross capital formation (current LCU), per capita 145,077 current LCU per person (2023)
- Gross capital formation (current LCU), per unit of GDP 2.48 current LCU per US$ of GDP (2023)
- Imports of goods and services (current US$), per unit of GDP 0.5109 current US$ per US$ of GDP (2023)
- Gross capital formation (current LCU), annual growth rate -2.26 % change on previous year (2023)
- Gross capital formation (current US$), per capita 21,057 current US$ per person (2023)
- Gross capital formation (current US$), per unit of GDP 0.36 current US$ per US$ of GDP (2023)
Frequently asked questions
- What is gross capital formation (current us$), annual growth rate in Greenland?
- Gross capital formation (current us$), annual growth rate in Greenland was 0.3806 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), annual growth rate recorded in Greenland?
- The highest recorded value was 60.8 % change on previous year in 2010.
- What is the lowest gross capital formation (current us$), annual growth rate recorded in Greenland?
- The lowest recorded value was -42.78 % change on previous year in 2012.
- How does Greenland rank for gross capital formation (current us$), annual growth rate?
- Greenland ranks 143rd out of 186 countries with data for 2023.
- Is gross capital formation (current us$), annual growth rate rising or falling in Greenland?
- Over the last ten years it is up 102.1%. The long-run trend across the full record is volatile.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
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
The year-on-year percentage change in Gross capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.