Gross fixed capital formation (current LCU), per square kilometre in Greenland
Greenland: Gross fixed capital formation (current LCU), per square kilometre was 19,368 current LCU per square kilometre in 2023. ▲ Rising
Gross fixed capital formation (current LCU), per square kilometre in Greenland, 2003–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
Greenland recorded 19,368 current LCU per square kilometre for gross fixed capital formation (current lcu), per square kilometre in 2023.
Compared with earlier readings it is down 2.3% on the previous year and up 75.1% over ten years.
Over the whole period, gross fixed capital formation (current lcu), per square kilometre in Greenland peaked at 22,766 current LCU per square kilometre in 2011 and was at its lowest, 4,341 current LCU per square kilometre, in 2004.
Greenland ranks 175th of 177 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 (current LCU), per square kilometre in Greenland, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 2003 | 4,842 current LCU per square kilometre | — |
| 2004 | 4,341 current LCU per square kilometre | -10.4% |
| 2005 | 6,475 current LCU per square kilometre | +49.2% |
| 2006 | 6,802 current LCU per square kilometre | +5.0% |
| 2007 | 9,356 current LCU per square kilometre | +37.6% |
| 2008 | 12,599 current LCU per square kilometre | +34.7% |
| 2009 | 10,445 current LCU per square kilometre | -17.1% |
| 2010 | 17,897 current LCU per square kilometre | +71.3% |
| 2011 | 22,766 current LCU per square kilometre | +27.2% |
| 2012 | 14,126 current LCU per square kilometre | -38.0% |
| 2013 | 11,060 current LCU per square kilometre | -21.7% |
| 2014 | 9,091 current LCU per square kilometre | -17.8% |
| 2015 | 9,841 current LCU per square kilometre | +8.2% |
| 2016 | 11,220 current LCU per square kilometre | +14.0% |
| 2017 | 10,612 current LCU per square kilometre | -5.4% |
| 2018 | 10,062 current LCU per square kilometre | -5.2% |
| 2019 | 14,992 current LCU per square kilometre | +49.0% |
| 2020 | 16,292 current LCU per square kilometre | +8.7% |
| 2021 | 18,600 current LCU per square kilometre | +14.2% |
| 2022 | 19,832 current LCU per square kilometre | +6.6% |
| 2023 | 19,368 current LCU per square kilometre | -2.3% |
Greenland compared with similar countries
- Greenland's 19,368 current LCU per square kilometre is below the median for high income countries, which is 2.07 million current LCU per square kilometre, 1% of the median. (64 countries reporting)
- Greenland's 19,368 current LCU per square kilometre is below the median for Europe & Central Asia, which is 1.81 million current LCU per square kilometre, 1% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7,837 current LCU per square kilometre | 4,341 current LCU per square kilometre | 12,599 current LCU per square kilometre | 7 |
| 2010s | 13,167 current LCU per square kilometre | 9,091 current LCU per square kilometre | 22,766 current LCU per square kilometre | 10 |
| 2020s | 18,523 current LCU per square kilometre | 16,292 current LCU per square kilometre | 19,832 current LCU per square kilometre | 4 |
Countries ranked near Greenland
- 172 Suriname 28,048 current LCU per square kilometre compare
- 173 East Timor 24,275 current LCU per square kilometre compare
- 174 Libya 20,329 current LCU per square kilometre compare
- 176 Zimbabwe 16,897 current LCU per square kilometre compare
- 177 Papua New Guinea 5,066 current LCU per square kilometre
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 (current lcu), per square kilometre in Greenland?
- Gross fixed capital formation (current lcu), per square kilometre in Greenland was 19,368 current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), per square kilometre recorded in Greenland?
- The highest recorded value was 22,766 current LCU per square kilometre in 2011.
- What is the lowest gross fixed capital formation (current lcu), per square kilometre recorded in Greenland?
- The lowest recorded value was 4,341 current LCU per square kilometre in 2004.
- How does Greenland rank for gross fixed capital formation (current lcu), per square kilometre?
- Greenland ranks 175th out of 177 countries with data for 2023.
- Is gross fixed capital formation (current lcu), per square kilometre rising or falling in Greenland?
- Over the last ten years it is up 75.1%. 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 (current LCU), per square kilometre. 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 (current LCU) 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 (current LCU) ÷ 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 (current LCU) 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.