Gross fixed capital formation (constant 2015 US$), annual growth rate in Greenland

Greenland: Gross fixed capital formation (constant 2015 US$), annual growth rate was -3.77 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-3.77 % change on previous year
Change on year
down 544.0%
World rank
144th
of 161 countries
All-time high
69.49 % change on previous year
in 2010
All-time low
-38.6 % change on previous year
in 2012
Years of data
20
2004–2023

Gross fixed capital formation (constant 2015 US$), annual growth rate in Greenland, 2004–2023

-50-2502550752004201320232004: -5.9 % change on previous year2005: 44.6 % change on previous year2006: 3.7 % change on previous year2007: 32.6 % change on previous year2008: 31.4 % change on previous year2009: -16.8 % change on previous year2010: 69.5 % change on previous year2011: 24.6 % change on previous year2012: -38.6 % change on previous year2013: -22.2 % change on previous year2014: -19.1 % change on previous year2015: 5.9 % change on previous year2016: 14 % change on previous year2017: -7.4 % change on previous year2018: -6 % change on previous year2019: 46.7 % change on previous year2020: 10.5 % change on previous year2021: 13.3 % change on previous year2022: -0.585 % change on previous year2023: -3.8 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation (constant 2015 us$), annual growth rate in Greenland is -3.77 % change on previous year, measured in 2023.

The figure is down 544.0% on the previous year and up 83.0% over ten years.

Over the whole period, gross fixed capital formation (constant 2015 us$), annual growth rate in Greenland peaked at 69.49 % change on previous year in 2010 and was at its lowest, -38.6 % change on previous year, in 2012.

Greenland ranks 144th of 161 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross fixed capital formation (constant 2015 US$), annual growth rate in Greenland, year by year

Annual values for Gross fixed capital formation (constant 2015 US$), annual growth rate in Greenland, 2004 to 2023.
Year % change on previous year Change
2004 -5.92 % change on previous year
2005 44.63 % change on previous year -853.9%
2006 3.66 % change on previous year -91.8%
2007 32.62 % change on previous year +791.9%
2008 31.41 % change on previous year -3.7%
2009 -16.76 % change on previous year -153.4%
2010 69.49 % change on previous year -514.6%
2011 24.58 % change on previous year -64.6%
2012 -38.6 % change on previous year -257.0%
2013 -22.17 % change on previous year -42.6%
2014 -19.11 % change on previous year -13.8%
2015 5.87 % change on previous year -130.7%
2016 14.02 % change on previous year +138.9%
2017 -7.37 % change on previous year -152.6%
2018 -6.05 % change on previous year -17.9%
2019 46.71 % change on previous year -872.1%
2020 10.55 % change on previous year -77.4%
2021 13.34 % change on previous year +26.5%
2022 -0.5853 % change on previous year -104.4%
2023 -3.77 % change on previous year +544.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 14.94 % change on previous year -16.76 % change on previous year 44.63 % change on previous year 6
2010s 6.74 % change on previous year -38.6 % change on previous year 69.49 % change on previous year 10
2020s 4.88 % change on previous year -3.77 % change on previous year 13.34 % change on previous year 4

Countries ranked near Greenland

  1. 141 Republic of Korea -3.23 % change on previous year compare
  2. 142 Denmark -3.51 % change on previous year compare
  3. 143 Niger -3.72 % change on previous year compare
  4. 145 Nepal -4.06 % change on previous year compare
  5. 146 San Marino -4.74 % change on previous year compare
  6. 147 New Zealand -4.95 % change on previous year compare

See the full ranking of 194 places →

More economy & growth data for Greenland

All data for Greenland →

Frequently asked questions

What is gross fixed capital formation (constant 2015 us$), annual growth rate in Greenland?
Gross fixed capital formation (constant 2015 us$), annual growth rate in Greenland was -3.77 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in Greenland?
The highest recorded value was 69.49 % change on previous year in 2010.
What is the lowest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in Greenland?
The lowest recorded value was -38.6 % change on previous year in 2012.
How does Greenland rank for gross fixed capital formation (constant 2015 us$), annual growth rate?
Greenland ranks 144th out of 161 countries with data for 2023.
Is gross fixed capital formation (constant 2015 us$), annual growth rate rising or falling in Greenland?
Over the last ten years it is up 83.0%. 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 fixed capital formation (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross fixed capital formation (constant 2015 US$), annual growth rate in Greenland. Statizoid, drawing on Statizoid (derived). Retrieved 07 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-constant-2015-us-annual-growth-rate/greenland/

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How this figure is calculated

The year-on-year percentage change in Gross fixed capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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 fixed capital formation (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 7,923 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross fixed capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.