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Gross fixed capital formation (constant 2015 US$), per unit of GDP in Greenland

Greenland: Gross fixed capital formation (constant 2015 US$), per unit of GDP was 0.3149 constant 2015 US$ per US$ of GDP in 2023. ▲ Rising

Latest (2023)
0.3149 constant 2015 US$ per US$ of GDP
Change on year
down 8.8%
World rank
11th
of 161 countries
All-time high
0.5465 constant 2015 US$ per US$ of GDP
in 2011
All-time low
0.1753 constant 2015 US$ per US$ of GDP
in 2004
Years of data
21
2003–2023

Gross fixed capital formation (constant 2015 US$), per unit of GDP in Greenland, 2003–2023

0.20.30.40.52003201320232003: 0.218 constant 2015 US$ per US$ of GDP2004: 0.175 constant 2015 US$ per US$ of GDP2005: 0.25 constant 2015 US$ per US$ of GDP2006: 0.238 constant 2015 US$ per US$ of GDP2007: 0.282 constant 2015 US$ per US$ of GDP2008: 0.334 constant 2015 US$ per US$ of GDP2009: 0.275 constant 2015 US$ per US$ of GDP2010: 0.47 constant 2015 US$ per US$ of GDP2011: 0.547 constant 2015 US$ per US$ of GDP2012: 0.345 constant 2015 US$ per US$ of GDP2013: 0.261 constant 2015 US$ per US$ of GDP2014: 0.2 constant 2015 US$ per US$ of GDP2015: 0.24 constant 2015 US$ per US$ of GDP2016: 0.253 constant 2015 US$ per US$ of GDP2017: 0.222 constant 2015 US$ per US$ of GDP2018: 0.195 constant 2015 US$ per US$ of GDP2019: 0.292 constant 2015 US$ per US$ of GDP2020: 0.313 constant 2015 US$ per US$ of GDP2021: 0.332 constant 2015 US$ per US$ of GDP2022: 0.345 constant 2015 US$ per US$ of GDP2023: 0.315 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

The most recent figure for gross fixed capital formation (constant 2015 us$), per unit of gdp in Greenland is 0.3149 constant 2015 US$ per US$ of GDP, measured in 2023.

That represents a change of down 8.8% on the previous year and up 20.6% over ten years.

Over the whole period, gross fixed capital formation (constant 2015 us$), per unit of gdp in Greenland peaked at 0.5465 constant 2015 US$ per US$ of GDP in 2011 and was at its lowest, 0.1753 constant 2015 US$ per US$ of GDP, in 2004.

Greenland ranks 11th 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 unit of GDP in Greenland, year by year

Year constant 2015 US$ per US$ of GDP Change
2003 0.2179 constant 2015 US$ per US$ of GDP —
2004 0.1753 constant 2015 US$ per US$ of GDP -19.5%
2005 0.2498 constant 2015 US$ per US$ of GDP +42.5%
2006 0.2379 constant 2015 US$ per US$ of GDP -4.8%
2007 0.2823 constant 2015 US$ per US$ of GDP +18.7%
2008 0.334 constant 2015 US$ per US$ of GDP +18.3%
2009 0.2746 constant 2015 US$ per US$ of GDP -17.8%
2010 0.4704 constant 2015 US$ per US$ of GDP +71.3%
2011 0.5465 constant 2015 US$ per US$ of GDP +16.2%
2012 0.3452 constant 2015 US$ per US$ of GDP -36.8%
2013 0.2611 constant 2015 US$ per US$ of GDP -24.3%
2014 0.1995 constant 2015 US$ per US$ of GDP -23.6%
2015 0.2402 constant 2015 US$ per US$ of GDP +20.4%
2016 0.2529 constant 2015 US$ per US$ of GDP +5.3%
2017 0.2224 constant 2015 US$ per US$ of GDP -12.1%
2018 0.195 constant 2015 US$ per US$ of GDP -12.3%
2019 0.2916 constant 2015 US$ per US$ of GDP +49.6%
2020 0.3127 constant 2015 US$ per US$ of GDP +7.2%
2021 0.3325 constant 2015 US$ per US$ of GDP +6.3%
2022 0.3454 constant 2015 US$ per US$ of GDP +3.9%
2023 0.3149 constant 2015 US$ per US$ of GDP -8.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.2531 constant 2015 US$ per US$ of GDP 0.1753 constant 2015 US$ per US$ of GDP 0.334 constant 2015 US$ per US$ of GDP 7
2010s 0.3025 constant 2015 US$ per US$ of GDP 0.195 constant 2015 US$ per US$ of GDP 0.5465 constant 2015 US$ per US$ of GDP 10
2020s 0.3264 constant 2015 US$ per US$ of GDP 0.3127 constant 2015 US$ per US$ of GDP 0.3454 constant 2015 US$ per US$ of GDP 4

Countries ranked near Greenland

  1. 8 Lesotho 0.3275 constant 2015 US$ per US$ of GDP compare
  2. 9 Gambia 0.3259 constant 2015 US$ per US$ of GDP compare
  3. 10 Rwanda 0.3191 constant 2015 US$ per US$ of GDP compare
  4. 12 Lao People's Democratic Republic 0.3061 constant 2015 US$ per US$ of GDP compare
  5. 13 Japan 0.2985 constant 2015 US$ per US$ of GDP compare
  6. 14 Senegal 0.2964 constant 2015 US$ per US$ of GDP 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$), per unit of gdp in Greenland?
Gross fixed capital formation (constant 2015 us$), per unit of gdp in Greenland was 0.3149 constant 2015 US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest gross fixed capital formation (constant 2015 us$), per unit of gdp recorded in Greenland?
The highest recorded value was 0.5465 constant 2015 US$ per US$ of GDP in 2011.
What is the lowest gross fixed capital formation (constant 2015 us$), per unit of gdp recorded in Greenland?
The lowest recorded value was 0.1753 constant 2015 US$ per US$ of GDP in 2004.
How does Greenland rank for gross fixed capital formation (constant 2015 us$), per unit of gdp?
Greenland ranks 11th out of 161 countries with data for 2023.
Is gross fixed capital formation (constant 2015 us$), per unit of gdp rising or falling in Greenland?
Over the last ten years it is up 20.6%. 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 unit of GDP. Statizoid updates them automatically from the source API.

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

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How this figure is calculated

Gross fixed capital formation (constant 2015 US$) divided by GDP (current US$), 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$) ÷ GDP (current US$)

Computed from

  • Gross fixed capital formation Country official statistics, National Statistical Organizations and/or Central Banks
  • GDP 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

Indicator
Gross fixed capital formation (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 8,107 data points, 1960–2025
Last refreshed

Gross fixed capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.