Gross fixed capital formation (constant 2015 US$), per capita (capita) in Greenland
Greenland: Gross fixed capital formation (constant 2015 US$), per capita (capita) was 18,423 constant 2015 US$ per person in 2023. ▲ Rising
Gross fixed capital formation (constant 2015 US$), per capita in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
Greenland recorded 18,423 constant 2015 US$ per person for gross fixed capital formation (constant 2015 us$), per capita in 2023.
Compared with earlier readings it is down 4.1% on the previous year and up 48.4% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), per capita in Greenland peaked at 25,788 constant 2015 US$ per person in 2011 and was at its lowest, 5,615 constant 2015 US$ per person, in 2004.
Greenland ranks 4th of 161 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 21 years of available data.
Gross fixed capital formation (constant 2015 US$), per capita (capita) in Greenland, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 2003 | 5,984 constant 2015 US$ per person | — |
| 2004 | 5,615 constant 2015 US$ per person | -6.2% |
| 2005 | 8,115 constant 2015 US$ per person | +44.5% |
| 2006 | 8,436 constant 2015 US$ per person | +3.9% |
| 2007 | 11,231 constant 2015 US$ per person | +33.1% |
| 2008 | 14,818 constant 2015 US$ per person | +31.9% |
| 2009 | 12,336 constant 2015 US$ per person | -16.8% |
| 2010 | 20,830 constant 2015 US$ per person | +68.9% |
| 2011 | 25,788 constant 2015 US$ per person | +23.8% |
| 2012 | 15,856 constant 2015 US$ per person | -38.5% |
| 2013 | 12,413 constant 2015 US$ per person | -21.7% |
| 2014 | 10,074 constant 2015 US$ per person | -18.8% |
| 2015 | 10,700 constant 2015 US$ per person | +6.2% |
| 2016 | 12,184 constant 2015 US$ per person | +13.9% |
| 2017 | 11,289 constant 2015 US$ per person | -7.3% |
| 2018 | 10,634 constant 2015 US$ per person | -5.8% |
| 2019 | 15,545 constant 2015 US$ per person | +46.2% |
| 2020 | 17,141 constant 2015 US$ per person | +10.3% |
| 2021 | 19,330 constant 2015 US$ per person | +12.8% |
| 2022 | 19,214 constant 2015 US$ per person | -0.6% |
| 2023 | 18,423 constant 2015 US$ per person | -4.1% |
Greenland compared with similar countries
- Greenland's 18,423 constant 2015 US$ per person is above the median for high income countries, which is 8,058 constant 2015 US$ per person, 2.3× the median. (57 countries reporting)
- Greenland's 18,423 constant 2015 US$ per person is above the median for Europe & Central Asia, which is 4,648 constant 2015 US$ per person, 4.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9,505 constant 2015 US$ per person | 5,615 constant 2015 US$ per person | 14,818 constant 2015 US$ per person | 7 |
| 2010s | 14,531 constant 2015 US$ per person | 10,074 constant 2015 US$ per person | 25,788 constant 2015 US$ per person | 10 |
| 2020s | 18,527 constant 2015 US$ per person | 17,141 constant 2015 US$ per person | 19,330 constant 2015 US$ per person | 4 |
Countries ranked near Greenland
- 1 Switzerland 23,954 constant 2015 US$ per person compare
- 2 Ireland 21,018 constant 2015 US$ per person compare
- 3 Norway 20,305 constant 2015 US$ per person compare
- 5 Singapore 17,199 constant 2015 US$ per person compare
- 6 Iceland 15,907 constant 2015 US$ per person compare
- 7 Australia 15,122 constant 2015 US$ per person compare
More economy & growth data for Greenland
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6895 constant 2015 US$ per US$ of GDP (2023)
- Final consumption expenditure (current US$), annual growth rate 6.03 % change on previous year (2023)
- General government final consumption expenditure (current US$) 6.62 % 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$), annual growth rate 1.24 % change on previous year (2023)
- Gross national expenditure (current LCU), per capita 444,525 current LCU per person (2023)
Frequently asked questions
- What is gross fixed capital formation (constant 2015 us$), per capita in Greenland?
- Gross fixed capital formation (constant 2015 us$), per capita in Greenland was 18,423 constant 2015 US$ per person in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), per capita recorded in Greenland?
- The highest recorded value was 25,788 constant 2015 US$ per person in 2011.
- What is the lowest gross fixed capital formation (constant 2015 us$), per capita recorded in Greenland?
- The lowest recorded value was 5,615 constant 2015 US$ per person in 2004.
- How does Greenland rank for gross fixed capital formation (constant 2015 us$), per capita?
- Greenland ranks 4th out of 161 countries with data for 2023.
- Is gross fixed capital formation (constant 2015 us$), per capita rising or falling in Greenland?
- Over the last ten years it is up 48.4%. 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 fixed capital formation (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
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CSV · JSON — 21 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross fixed capital formation (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (constant 2015 US$) ÷ Population, total
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.