Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Greenland
Greenland: Gross Fixed Capital Formation — Share of GDP US$, 2015 prices was 42.41 % in 2024. ▬ Flat
Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Greenland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Greenland recorded 42.41 % for gross fixed capital formation — share of gdp us$, 2015 prices in 2024.
Compared with earlier readings it is down 0.1% on the previous year and up 91.7% over ten years.
Over the whole period, gross fixed capital formation — share of gdp us$, 2015 prices in Greenland peaked at 59.98 % in 2011 and was at its lowest, 15.09 %, in 1994.
Greenland ranks 12th of 203 countries on this measure, in the top 10%.
Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Greenland, year by year
| Year | % | Change |
|---|---|---|
| 1970 | 43.76 % | — |
| 1971 | 50.32 % | +15.0% |
| 1972 | 44.68 % | -11.2% |
| 1973 | 49.22 % | +10.2% |
| 1974 | 34.07 % | -30.8% |
| 1975 | 38.94 % | +14.3% |
| 1976 | 33.92 % | -12.9% |
| 1977 | 37.61 % | +10.9% |
| 1978 | 31.31 % | -16.8% |
| 1979 | 34.09 % | +8.9% |
| 1980 | 25.5 % | -25.2% |
| 1981 | 25.25 % | -1.0% |
| 1982 | 26.43 % | +4.7% |
| 1983 | 19.81 % | -25.0% |
| 1984 | 21.84 % | +10.2% |
| 1985 | 19.58 % | -10.4% |
| 1986 | 17.37 % | -11.3% |
| 1987 | 19.51 % | +12.3% |
| 1988 | 19.64 % | +0.6% |
| 1989 | 17.72 % | -9.7% |
| 1990 | 17.89 % | +0.9% |
| 1991 | 18.88 % | +5.6% |
| 1992 | 17.06 % | -9.6% |
| 1993 | 15.94 % | -6.6% |
| 1994 | 15.09 % | -5.4% |
| 1995 | 15.4 % | +2.1% |
| 1996 | 17.86 % | +16.0% |
| 1997 | 20.49 % | +14.7% |
| 1998 | 24.4 % | +19.1% |
| 1999 | 22.24 % | -8.9% |
| 2000 | 23.56 % | +5.9% |
| 2001 | 21.61 % | -8.2% |
| 2002 | 18.71 % | -13.4% |
| 2003 | 18.25 % | -2.4% |
| 2004 | 16.06 % | -12.0% |
| 2005 | 22.12 % | +37.8% |
| 2006 | 21.73 % | -1.8% |
| 2007 | 28.15 % | +29.6% |
| 2008 | 34.84 % | +23.8% |
| 2009 | 28.76 % | -17.5% |
| 2010 | 47.91 % | +66.6% |
| 2011 | 59.98 % | +25.2% |
| 2012 | 36.32 % | -39.4% |
| 2013 | 28.64 % | -21.1% |
| 2014 | 22.12 % | -22.8% |
| 2015 | 24.02 % | +8.6% |
| 2016 | 26.17 % | +8.9% |
| 2017 | 24.23 % | -7.4% |
| 2018 | 22.62 % | -6.6% |
| 2019 | 32.27 % | +42.7% |
| 2020 | 32.72 % | +1.4% |
| 2021 | 34.45 % | +5.3% |
| 2022 | 39.63 % | +15.1% |
| 2023 | 42.44 % | +7.1% |
| 2024 | 42.41 % | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.79 % | 31.31 % | 50.32 % | 10 |
| 1980s | 21.27 % | 17.37 % | 26.43 % | 10 |
| 1990s | 18.53 % | 15.09 % | 24.4 % | 10 |
| 2000s | 23.38 % | 16.06 % | 34.84 % | 10 |
| 2010s | 32.43 % | 22.12 % | 59.98 % | 10 |
| 2020s | 38.33 % | 32.72 % | 42.44 % | 5 |
Countries ranked near Greenland
- 9 Uzbekistan 46.62 % compare
- 9 Micronesia 29.33 % compare
- 10 Algeria 43.68 % compare
- 10 Lao People's Democratic Republic 28.93 % compare
- 11 Grenada 43.13 % compare
- 11 Türkiye 25.09 % compare
- 12 Polynesia 22 % compare
- 13 Sint Maarten (Dutch part) 41.56 % compare
- 14 Timor-Leste 19.5 % compare
- 14 Yemen 40.93 % compare
- 15 Bolivia (Plurinational State of) 19.36 % compare
- 15 China, mainland 40.34 % compare
More economy & growth data for Greenland
- Gross capital formation (constant 2015 US$), per capita 18,332 constant 2015 US$ per person (2023)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3134 constant 2015 US$ per US$ of GDP (2023)
- Gross capital formation (constant 2015 US$), annual growth rate -3.59 % change on previous year (2023)
- Discrepancy in expenditure estimate of GDP 0 current LCU (2023)
- Services, value added 2.03 billion current US$ (2023)
- Services, value added 13.98 billion current LCU (2023)
- Services, value added 1.75 billion constant 2015 US$ (2023)
- Services, value added 61.0% (2023)
- Inflation, GDP deflator 1.9% (2023)
- GDP deflator 140.95 base year varies by country (2023)
Frequently asked questions
- What is gross fixed capital formation — share of gdp us$, 2015 prices in Greenland?
- Gross fixed capital formation — share of gdp us$, 2015 prices in Greenland was 42.41 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Greenland?
- The highest recorded value was 59.98 % in 2011.
- What is the lowest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Greenland?
- The lowest recorded value was 15.09 % in 1994.
- How does Greenland rank for gross fixed capital formation — share of gdp us$, 2015 prices?
- Greenland ranks 12th out of 203 countries with data for 2024.
- Is gross fixed capital formation — share of gdp us$, 2015 prices rising or falling in Greenland?
- Over the last ten years it is up 91.7%. The long-run trend across the full record is flat.
- Where does this Greenland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Share of GDP US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).