Gross Fixed Capital Formation — Share of GDP US$ in Greenland
Greenland: Gross Fixed Capital Formation — Share of GDP US$ was 32.45 % in 2024. ▼ Falling
Gross Fixed Capital Formation — Share of GDP US$ in Greenland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for gross fixed capital formation — share of gdp us$ in Greenland is 32.45 %, measured in 2024.
That represents a change of up 0.6% on the previous year and up 38.7% over ten years.
Over the whole period, gross fixed capital formation — share of gdp us$ in Greenland peaked at 64.84 % in 2011 and was at its lowest, 16.01 %, in 1994.
That places Greenland 25th out of 203 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 55 years of available data.
Gross Fixed Capital Formation — Share of GDP US$ in Greenland, year by year
| Year | % | Change |
|---|---|---|
| 1970 | 46.43 % | — |
| 1971 | 53.39 % | +15.0% |
| 1972 | 47.4 % | -11.2% |
| 1973 | 52.22 % | +10.2% |
| 1974 | 36.15 % | -30.8% |
| 1975 | 41.32 % | +14.3% |
| 1976 | 35.99 % | -12.9% |
| 1977 | 39.91 % | +10.9% |
| 1978 | 33.22 % | -16.8% |
| 1979 | 36.17 % | +8.9% |
| 1980 | 27.05 % | -25.2% |
| 1981 | 26.79 % | -1.0% |
| 1982 | 28.04 % | +4.7% |
| 1983 | 21.02 % | -25.0% |
| 1984 | 23.17 % | +10.2% |
| 1985 | 20.77 % | -10.4% |
| 1986 | 18.43 % | -11.3% |
| 1987 | 20.7 % | +12.3% |
| 1988 | 20.84 % | +0.6% |
| 1989 | 18.8 % | -9.7% |
| 1990 | 18.98 % | +0.9% |
| 1991 | 20.03 % | +5.6% |
| 1992 | 18.1 % | -9.6% |
| 1993 | 16.91 % | -6.6% |
| 1994 | 16.01 % | -5.4% |
| 1995 | 16.34 % | +2.1% |
| 1996 | 18.95 % | +16.0% |
| 1997 | 21.74 % | +14.7% |
| 1998 | 25.89 % | +19.1% |
| 1999 | 23.6 % | -8.9% |
| 2000 | 24.99 % | +5.9% |
| 2001 | 22.93 % | -8.2% |
| 2002 | 19.85 % | -13.4% |
| 2003 | 19.36 % | -2.5% |
| 2004 | 16.32 % | -15.7% |
| 2005 | 23.96 % | +46.8% |
| 2006 | 23.32 % | -2.7% |
| 2007 | 31.36 % | +34.5% |
| 2008 | 40.59 % | +29.4% |
| 2009 | 31.61 % | -22.1% |
| 2010 | 52.18 % | +65.1% |
| 2011 | 64.84 % | +24.3% |
| 2012 | 38.35 % | -40.8% |
| 2013 | 30.11 % | -21.5% |
| 2014 | 23.39 % | -22.3% |
| 2015 | 24.02 % | +2.7% |
| 2016 | 25.27 % | +5.2% |
| 2017 | 23.13 % | -8.5% |
| 2018 | 21.4 % | -7.5% |
| 2019 | 30.78 % | +43.8% |
| 2020 | 31.63 % | +2.8% |
| 2021 | 33.28 % | +5.2% |
| 2022 | 31.9 % | -4.2% |
| 2023 | 32.27 % | +1.2% |
| 2024 | 32.45 % | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 42.22 % | 33.22 % | 53.39 % | 10 |
| 1980s | 22.56 % | 18.43 % | 28.04 % | 10 |
| 1990s | 19.66 % | 16.01 % | 25.89 % | 10 |
| 2000s | 25.43 % | 16.32 % | 40.59 % | 10 |
| 2010s | 33.35 % | 21.4 % | 64.84 % | 10 |
| 2020s | 32.31 % | 31.63 % | 33.28 % | 5 |
Countries ranked near Greenland
- 22 Senegal 33.13 % compare
- 23 Nigeria 32.47 % compare
- 24 Sint Maarten (Dutch part) 32.47 % compare
- 25 Cabo Verde 18.24 % compare
- 26 Mozambique 32.22 % compare
- 27 Republic of Korea 32.07 % compare
- 28 Saint Kitts and Nevis 31.51 % compare
More economy & growth data for Greenland
- GDP (constant 2015 US$), per unit of GDP 0.8535 constant 2015 US$ per US$ of GDP (2023)
- Gross domestic savings (current US$), per capita 15,036 current US$ per person (2023)
- Gross domestic savings (current US$), per unit of GDP 0.257 current US$ per US$ of GDP (2023)
- Gross domestic savings (current US$), annual growth rate 4.1 % change on previous year (2023)
- GDP (constant LCU), per capita 285,947 constant LCU per person (2023)
- GDP (constant LCU), per unit of GDP 4.89 constant LCU per US$ of GDP (2023)
- GDP (constant LCU), annual growth rate 0.866 % change on previous year (2023)
- GDP (constant 2015 US$), per capita 49,930 constant 2015 US$ per person (2023)
- GDP (current US$), per capita 58,499 current US$ per person (2023)
- GDP (current LCU), annual growth rate 2.75 % change on previous year (2023)
Frequently asked questions
- What is gross fixed capital formation — share of gdp us$ in Greenland?
- Gross fixed capital formation — share of gdp us$ in Greenland was 32.45 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — share of gdp us$ recorded in Greenland?
- The highest recorded value was 64.84 % in 2011.
- What is the lowest gross fixed capital formation — share of gdp us$ recorded in Greenland?
- The lowest recorded value was 16.01 % in 1994.
- How does Greenland rank for gross fixed capital formation — share of gdp us$?
- Greenland ranks 25th out of 203 countries with data for 2024.
- Is gross fixed capital formation — share of gdp us$ rising or falling in Greenland?
- Over the last ten years it is up 38.7%. The long-run trend across the full record is falling.
- 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$. 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).