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

Greenland: Gross fixed capital formation (current US$), annual growth rate was 0.3077 % change on previous year in 2023. ◆ Volatile

Latest (2023)
0.3077 % change on previous year
Change on year
up 105.8%
World rank
146th
of 179 countries
All-time high
63.33 % change on previous year
in 2010
All-time low
-42.49 % change on previous year
in 2012
Years of data
20
2004–2023

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

-50-2502550752004201320232004: -1.4 % change on previous year2005: 49 % change on previous year2006: 5.9 % change on previous year2007: 50.3 % change on previous year2008: 43.8 % change on previous year2009: -21.2 % change on previous year2010: 63.3 % change on previous year2011: 33.3 % change on previous year2012: -42.5 % change on previous year2013: -19.2 % change on previous year2014: -17.7 % change on previous year2015: -9.7 % change on previous year2016: 13.9 % change on previous year2017: -3.6 % change on previous year2018: -0.86 % change on previous year2019: 41.1 % change on previous year2020: 10.8 % change on previous year2021: 18.8 % change on previous year2022: -5.3 % change on previous year2023: 0.308 % change on previous year

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

Analysis

Greenland recorded 0.3077 % change on previous year for gross fixed capital formation (current us$), annual growth rate in 2023.

The figure is up 105.8% on the previous year and up 101.6% over ten years.

Over the whole period, gross fixed capital formation (current us$), annual growth rate in Greenland peaked at 63.33 % change on previous year in 2010 and was at its lowest, -42.49 % change on previous year, in 2012.

That places Greenland 146th out of 179 countries with data for 2023, putting it in the bottom quarter.

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

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

Annual values for Gross fixed capital formation (current US$), annual growth rate in Greenland, 2004 to 2023.
Year % change on previous year Change
2004 -1.44 % change on previous year
2005 49.03 % change on previous year -3510.4%
2006 5.93 % change on previous year -87.9%
2007 50.26 % change on previous year +747.5%
2008 43.79 % change on previous year -12.9%
2009 -21.16 % change on previous year -148.3%
2010 63.33 % change on previous year -399.3%
2011 33.25 % change on previous year -47.5%
2012 -42.49 % change on previous year -227.8%
2013 -19.24 % change on previous year -54.7%
2014 -17.75 % change on previous year -7.8%
2015 -9.7 % change on previous year -45.3%
2016 13.94 % change on previous year -243.8%
2017 -3.57 % change on previous year -125.6%
2018 -0.8603 % change on previous year -75.9%
2019 41.08 % change on previous year -4875.0%
2020 10.78 % change on previous year -73.7%
2021 18.79 % change on previous year +74.3%
2022 -5.26 % change on previous year -128.0%
2023 0.3077 % change on previous year -105.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 21.07 % change on previous year -21.16 % change on previous year 50.26 % change on previous year 6
2010s 5.8 % change on previous year -42.49 % change on previous year 63.33 % change on previous year 10
2020s 6.16 % change on previous year -5.26 % change on previous year 18.79 % change on previous year 4

Countries ranked near Greenland

  1. 143 Nepal 1.04 % change on previous year compare
  2. 144 Uruguay 0.6726 % change on previous year compare
  3. 145 China 0.4804 % change on previous year compare
  4. 147 Saudi Arabia 0.1026 % change on previous year compare
  5. 148 French Polynesia -0.3546 % change on previous year compare
  6. 149 Venezuela, Bolivarian Republic of -0.4021 % change on previous year compare

See the full ranking of 222 places →

More economy & growth data for Greenland

All data for Greenland →

Frequently asked questions

What is gross fixed capital formation (current us$), annual growth rate in Greenland?
Gross fixed capital formation (current us$), annual growth rate in Greenland was 0.3077 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross fixed capital formation (current us$), annual growth rate recorded in Greenland?
The highest recorded value was 63.33 % change on previous year in 2010.
What is the lowest gross fixed capital formation (current us$), annual growth rate recorded in Greenland?
The lowest recorded value was -42.49 % change on previous year in 2012.
How does Greenland rank for gross fixed capital formation (current us$), annual growth rate?
Greenland ranks 146th out of 179 countries with data for 2023.
Is gross fixed capital formation (current us$), annual growth rate rising or falling in Greenland?
Over the last ten years it is up 101.6%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross fixed capital formation (current 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-current-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 (current 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 (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
222 places, 10,047 data points, 1961–2025
Last refreshed

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