Gross capital formation (current US$), per square kilometre in Greenland
Greenland: Gross capital formation (current US$), per square kilometre was 2,917 current US$ per square kilometre in 2023. ▲ Rising
Gross capital formation (current US$), per square kilometre in Greenland, 2003–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
The most recent figure for gross capital formation (current us$), per square kilometre in Greenland is 2,917 current US$ per square kilometre, measured in 2023.
Compared with earlier readings it is up 0.4% on the previous year and up 48.2% over ten years.
Over the whole period, gross capital formation (current us$), per square kilometre in Greenland peaked at 4,186 current US$ per square kilometre in 2011 and was at its lowest, 724.51 current US$ per square kilometre, in 2004.
That places Greenland 175th out of 184 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 (current US$), per square kilometre in Greenland, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 2003 | 735.08 current US$ per square kilometre | — |
| 2004 | 724.51 current US$ per square kilometre | -1.4% |
| 2005 | 1,089 current US$ per square kilometre | +50.3% |
| 2006 | 1,135 current US$ per square kilometre | +4.2% |
| 2007 | 1,672 current US$ per square kilometre | +47.3% |
| 2008 | 2,454 current US$ per square kilometre | +46.8% |
| 2009 | 1,986 current US$ per square kilometre | -19.1% |
| 2010 | 3,193 current US$ per square kilometre | +60.8% |
| 2011 | 4,186 current US$ per square kilometre | +31.1% |
| 2012 | 2,395 current US$ per square kilometre | -42.8% |
| 2013 | 1,969 current US$ per square kilometre | -17.8% |
| 2014 | 1,565 current US$ per square kilometre | -20.5% |
| 2015 | 1,463 current US$ per square kilometre | -6.5% |
| 2016 | 1,616 current US$ per square kilometre | +10.4% |
| 2017 | 1,641 current US$ per square kilometre | +1.5% |
| 2018 | 1,619 current US$ per square kilometre | -1.3% |
| 2019 | 2,283 current US$ per square kilometre | +41.1% |
| 2020 | 2,485 current US$ per square kilometre | +8.8% |
| 2021 | 2,978 current US$ per square kilometre | +19.8% |
| 2022 | 2,906 current US$ per square kilometre | -2.4% |
| 2023 | 2,917 current US$ per square kilometre | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,399 current US$ per square kilometre | 724.51 current US$ per square kilometre | 2,454 current US$ per square kilometre | 7 |
| 2010s | 2,193 current US$ per square kilometre | 1,463 current US$ per square kilometre | 4,186 current US$ per square kilometre | 10 |
| 2020s | 2,822 current US$ per square kilometre | 2,485 current US$ per square kilometre | 2,978 current US$ per square kilometre | 4 |
Countries ranked near Greenland
- 172 Somalia 4,124 current US$ per square kilometre compare
- 173 Niger 4,029 current US$ per square kilometre compare
- 174 Afghanistan 4,022 current US$ per square kilometre compare
- 176 Chad 2,811 current US$ per square kilometre compare
- 177 Yemen 2,528 current US$ per square kilometre compare
- 178 Eritrea 2,153 current US$ per square kilometre compare
More economy & growth data for Greenland
- Gross national expenditure (constant 2015 US$), per capita 58,665 constant 2015 US$ per person (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Gross national expenditure (current US$), per capita 64,520 current US$ per person (2023)
- Gross national expenditure (current LCU), annual growth rate 1.37 % change on previous year (2023)
- Gross national expenditure (current LCU), per unit of GDP 7.6 current LCU per US$ of GDP (2023)
- Gross national expenditure (current LCU), per capita 444,525 current LCU per person (2023)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.3182 % change on previous year (2023)
- Gross national expenditure (constant 2015 US$), per unit of GDP 1 constant 2015 US$ per US$ of GDP (2023)
- Exports of goods and services (current LCU), per capita 164,435 current LCU per person (2023)
- Exports of goods and services (current LCU), per unit of GDP 2.81 current LCU per US$ of GDP (2023)
Frequently asked questions
- What is gross capital formation (current us$), per square kilometre in Greenland?
- Gross capital formation (current us$), per square kilometre in Greenland was 2,917 current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), per square kilometre recorded in Greenland?
- The highest recorded value was 4,186 current US$ per square kilometre in 2011.
- What is the lowest gross capital formation (current us$), per square kilometre recorded in Greenland?
- The lowest recorded value was 724.51 current US$ per square kilometre in 2004.
- How does Greenland rank for gross capital formation (current us$), per square kilometre?
- Greenland ranks 175th out of 184 countries with data for 2023.
- Is gross capital formation (current us$), per square kilometre rising or falling in Greenland?
- Over the last ten years it is up 48.2%. 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 US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current US$) 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 US$) ÷ Land area (sq. km)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (current US$) 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.