Gross fixed capital formation (current US$), per capita (capita) in Greenland
Greenland: Gross fixed capital formation (current US$), per capita (capita) was 20,291 current US$ per person in 2023. ▲ Rising
Gross fixed capital formation (current US$), per capita in Greenland, 2003–2023
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
Greenland recorded 20,291 current US$ per person for gross fixed capital formation (current us$), per capita in 2023.
Compared with earlier readings it is down 0.1% on the previous year and up 41.8% over ten years.
Over the whole period, gross fixed capital formation (current us$), per capita in Greenland peaked at 30,594 current US$ per person in 2011 and was at its lowest, 5,226 current US$ per person, in 2004.
Greenland ranks 7th of 181 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 (current US$), per capita (capita) in Greenland, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 2003 | 5,316 current US$ per person | — |
| 2004 | 5,226 current US$ per person | -1.7% |
| 2005 | 7,784 current US$ per person | +48.9% |
| 2006 | 8,269 current US$ per person | +6.2% |
| 2007 | 12,474 current US$ per person | +50.8% |
| 2008 | 18,008 current US$ per person | +44.4% |
| 2009 | 14,199 current US$ per person | -21.2% |
| 2010 | 23,104 current US$ per person | +62.7% |
| 2011 | 30,594 current US$ per person | +32.4% |
| 2012 | 17,619 current US$ per person | -42.4% |
| 2013 | 14,311 current US$ per person | -18.8% |
| 2014 | 11,811 current US$ per person | -17.5% |
| 2015 | 10,700 current US$ per person | -9.4% |
| 2016 | 12,176 current US$ per person | +13.8% |
| 2017 | 11,744 current US$ per person | -3.5% |
| 2018 | 11,674 current US$ per person | -0.6% |
| 2019 | 16,410 current US$ per person | +40.6% |
| 2020 | 18,134 current US$ per person | +10.5% |
| 2021 | 21,433 current US$ per person | +18.2% |
| 2022 | 20,302 current US$ per person | -5.3% |
| 2023 | 20,291 current US$ per person | -0.1% |
Greenland compared with similar countries
- Greenland's 20,291 current US$ per person is above the median for high income countries, which is 8,868 current US$ per person, 2.3× the median. (64 countries reporting)
- Greenland's 20,291 current US$ per person is above the median for Europe & Central Asia, which is 6,025 current US$ per person, 3.4× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10,182 current US$ per person | 5,226 current US$ per person | 18,008 current US$ per person | 7 |
| 2010s | 16,014 current US$ per person | 10,700 current US$ per person | 30,594 current US$ per person | 10 |
| 2020s | 20,040 current US$ per person | 18,134 current US$ per person | 21,433 current US$ per person | 4 |
Countries ranked near Greenland
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 us$), per capita in Greenland?
- Gross fixed capital formation (current us$), per capita in Greenland was 20,291 current US$ per person in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), per capita recorded in Greenland?
- The highest recorded value was 30,594 current US$ per person in 2011.
- What is the lowest gross fixed capital formation (current us$), per capita recorded in Greenland?
- The lowest recorded value was 5,226 current US$ per person in 2004.
- How does Greenland rank for gross fixed capital formation (current us$), per capita?
- Greenland ranks 7th out of 181 countries with data for 2023.
- Is gross fixed capital formation (current us$), per capita rising or falling in Greenland?
- Over the last ten years it is up 41.8%. 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 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross fixed capital formation (current US$) 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 (current US$) ÷ Population, total
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.