Gross fixed capital formation (constant 2015 US$), per square in Greenland
Greenland: Gross fixed capital formation (constant 2015 US$), per square was 2,552 constant 2015 US$ per square kilometre in 2023. ▲ Rising
Gross fixed capital formation (constant 2015 US$), per square in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
The most recent figure for gross fixed capital formation (constant 2015 us$), per square in Greenland is 2,552 constant 2015 US$ per square kilometre, measured in 2023.
The figure is down 3.8% on the previous year and up 49.4% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), per square in Greenland peaked at 3,574 constant 2015 US$ per square kilometre in 2011 and was at its lowest, 778.35 constant 2015 US$ per square kilometre, in 2004.
Greenland ranks 155th of 159 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Gross fixed capital formation (constant 2015 US$), per square in Greenland, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 2003 | 827.33 constant 2015 US$ per square kilometre | — |
| 2004 | 778.35 constant 2015 US$ per square kilometre | -5.9% |
| 2005 | 1,126 constant 2015 US$ per square kilometre | +44.6% |
| 2006 | 1,167 constant 2015 US$ per square kilometre | +3.7% |
| 2007 | 1,547 constant 2015 US$ per square kilometre | +32.6% |
| 2008 | 2,034 constant 2015 US$ per square kilometre | +31.4% |
| 2009 | 1,693 constant 2015 US$ per square kilometre | -16.8% |
| 2010 | 2,869 constant 2015 US$ per square kilometre | +69.5% |
| 2011 | 3,574 constant 2015 US$ per square kilometre | +24.6% |
| 2012 | 2,195 constant 2015 US$ per square kilometre | -38.6% |
| 2013 | 1,708 constant 2015 US$ per square kilometre | -22.2% |
| 2014 | 1,382 constant 2015 US$ per square kilometre | -19.1% |
| 2015 | 1,463 constant 2015 US$ per square kilometre | +5.9% |
| 2016 | 1,668 constant 2015 US$ per square kilometre | +14.0% |
| 2017 | 1,545 constant 2015 US$ per square kilometre | -7.4% |
| 2018 | 1,451 constant 2015 US$ per square kilometre | -6.0% |
| 2019 | 2,129 constant 2015 US$ per square kilometre | +46.7% |
| 2020 | 2,354 constant 2015 US$ per square kilometre | +10.5% |
| 2021 | 2,668 constant 2015 US$ per square kilometre | +13.3% |
| 2022 | 2,652 constant 2015 US$ per square kilometre | -0.6% |
| 2023 | 2,552 constant 2015 US$ per square kilometre | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,310 constant 2015 US$ per square kilometre | 778.35 constant 2015 US$ per square kilometre | 2,034 constant 2015 US$ per square kilometre | 7 |
| 2010s | 1,998 constant 2015 US$ per square kilometre | 1,382 constant 2015 US$ per square kilometre | 3,574 constant 2015 US$ per square kilometre | 10 |
| 2020s | 2,557 constant 2015 US$ per square kilometre | 2,354 constant 2015 US$ per square kilometre | 2,668 constant 2015 US$ per square kilometre | 4 |
Countries ranked near Greenland
- 152 Niger 3,885 constant 2015 US$ per square kilometre compare
- 153 Somalia 3,404 constant 2015 US$ per square kilometre compare
- 154 Mongolia 3,132 constant 2015 US$ per square kilometre compare
- 156 Venezuela, Bolivarian Republic of 2,459 constant 2015 US$ per square kilometre compare
- 157 Mauritania 2,277 constant 2015 US$ per square kilometre compare
- 158 Chad 2,136 constant 2015 US$ per square kilometre compare
More economy & growth data for Greenland
- Final consumption expenditure (current LCU), per capita 299,448 current LCU per person (2023)
- Gross national expenditure (current US$), annual growth rate 4.12 % change on previous year (2023)
- Final consumption expenditure (constant 2015 US$), per capita 40,333 constant 2015 US$ per person (2023)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6895 constant 2015 US$ per US$ of GDP (2023)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.24 % change on previous year (2023)
- Final consumption expenditure (current LCU), annual growth rate 3.24 % change on previous year (2023)
- Final consumption expenditure (current US$), 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)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Final consumption expenditure (current LCU), per unit of GDP 5.12 current LCU per US$ of GDP (2023)
Frequently asked questions
- What is gross fixed capital formation (constant 2015 us$), per square in Greenland?
- Gross fixed capital formation (constant 2015 us$), per square in Greenland was 2,552 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), per square recorded in Greenland?
- The highest recorded value was 3,574 constant 2015 US$ per square kilometre in 2011.
- What is the lowest gross fixed capital formation (constant 2015 us$), per square recorded in Greenland?
- The lowest recorded value was 778.35 constant 2015 US$ per square kilometre in 2004.
- How does Greenland rank for gross fixed capital formation (constant 2015 us$), per square?
- Greenland ranks 155th out of 159 countries with data for 2023.
- Is gross fixed capital formation (constant 2015 us$), per square rising or falling in Greenland?
- Over the last ten years it is up 49.4%. 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$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross fixed capital formation (constant 2015 US$) divided by Land area (sq. km), 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$) ÷ Land area (sq. km)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (constant 2015 US$) 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.