Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Greenland
Greenland: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.145 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Greenland, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Greenland is 0.145 million SLC per person, measured in 2024.
Compared with earlier readings it is up 2.6% on the previous year and up 114.0% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Greenland peaked at 0.1735 million SLC per person in 2011 and was at its lowest, 0.0272 million SLC per person, in 1994.
Greenland ranks 41st of 194 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Greenland, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0474 million SLC per person | — |
| 1971 | 0.0606 million SLC per person | +27.8% |
| 1972 | 0.0559 million SLC per person | -7.9% |
| 1973 | 0.0648 million SLC per person | +16.0% |
| 1974 | 0.0469 million SLC per person | -27.6% |
| 1975 | 0.0539 million SLC per person | +14.8% |
| 1976 | 0.0496 million SLC per person | -7.9% |
| 1977 | 0.0603 million SLC per person | +21.4% |
| 1978 | 0.0534 million SLC per person | -11.4% |
| 1979 | 0.0605 million SLC per person | +13.3% |
| 1980 | 0.0486 million SLC per person | -19.7% |
| 1981 | 0.0477 million SLC per person | -1.9% |
| 1982 | 0.0472 million SLC per person | -0.9% |
| 1983 | 0.0362 million SLC per person | -23.3% |
| 1984 | 0.0374 million SLC per person | +3.3% |
| 1985 | 0.0344 million SLC per person | -8.0% |
| 1986 | 0.0325 million SLC per person | -5.5% |
| 1987 | 0.0381 million SLC per person | +17.2% |
| 1988 | 0.04 million SLC per person | +4.9% |
| 1989 | 0.0382 million SLC per person | -4.6% |
| 1990 | 0.0338 million SLC per person | -11.4% |
| 1991 | 0.0357 million SLC per person | +5.6% |
| 1992 | 0.0307 million SLC per person | -13.9% |
| 1993 | 0.0273 million SLC per person | -11.1% |
| 1994 | 0.0272 million SLC per person | -0.3% |
| 1995 | 0.0287 million SLC per person | +5.3% |
| 1996 | 0.0337 million SLC per person | +17.5% |
| 1997 | 0.0392 million SLC per person | +16.2% |
| 1998 | 0.0502 million SLC per person | +28.1% |
| 1999 | 0.0464 million SLC per person | -7.6% |
| 2000 | 0.0525 million SLC per person | +13.3% |
| 2001 | 0.0487 million SLC per person | -7.4% |
| 2002 | 0.0415 million SLC per person | -14.6% |
| 2003 | 0.0403 million SLC per person | -3.1% |
| 2004 | 0.0378 million SLC per person | -6.2% |
| 2005 | 0.0546 million SLC per person | +44.5% |
| 2006 | 0.0568 million SLC per person | +3.9% |
| 2007 | 0.0756 million SLC per person | +33.1% |
| 2008 | 0.0997 million SLC per person | +31.9% |
| 2009 | 0.083 million SLC per person | -16.8% |
| 2010 | 0.1401 million SLC per person | +68.9% |
| 2011 | 0.1735 million SLC per person | +23.8% |
| 2012 | 0.1067 million SLC per person | -38.5% |
| 2013 | 0.0835 million SLC per person | -21.7% |
| 2014 | 0.0678 million SLC per person | -18.8% |
| 2015 | 0.072 million SLC per person | +6.2% |
| 2016 | 0.082 million SLC per person | +13.9% |
| 2017 | 0.0759 million SLC per person | -7.3% |
| 2018 | 0.0715 million SLC per person | -5.8% |
| 2019 | 0.1046 million SLC per person | +46.2% |
| 2020 | 0.106 million SLC per person | +1.3% |
| 2021 | 0.1124 million SLC per person | +6.1% |
| 2022 | 0.1312 million SLC per person | +16.7% |
| 2023 | 0.1413 million SLC per person | +7.7% |
| 2024 | 0.145 million SLC per person | +2.6% |
Greenland compared with similar countries
- Greenland's 0.145 million SLC per person is above the median for high income countries, which is 0.0119 million SLC per person, 12.2× the median. (73 countries reporting)
- Greenland's 0.145 million SLC per person is above the median for Europe & Central Asia, which is 0.0098 million SLC per person, 14.8× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0553 million SLC per person | 0.0469 million SLC per person | 0.0648 million SLC per person | 10 |
| 1980s | 0.04 million SLC per person | 0.0325 million SLC per person | 0.0486 million SLC per person | 10 |
| 1990s | 0.0353 million SLC per person | 0.0272 million SLC per person | 0.0502 million SLC per person | 10 |
| 2000s | 0.059 million SLC per person | 0.0378 million SLC per person | 0.0997 million SLC per person | 10 |
| 2010s | 0.0978 million SLC per person | 0.0678 million SLC per person | 0.1735 million SLC per person | 10 |
| 2020s | 0.1272 million SLC per person | 0.106 million SLC per person | 0.145 million SLC per person | 5 |
Countries ranked near Greenland
More economy & growth data for Greenland
- Final consumption expenditure (constant 2015 US$), per capita 40,333 constant 2015 US$ per person (2023)
- Gross national expenditure (current US$), per capita 64,520 current US$ per person (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- General government final consumption expenditure (current US$), per 24,400 current US$ per person (2023)
- Gross national expenditure (current US$), annual growth rate 4.12 % change on previous year (2023)
- General government final consumption expenditure (current LCU) 3.81 % change on previous year (2023)
- Final consumption expenditure (current LCU), per capita 299,448 current LCU per person (2023)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.24 % change on previous year (2023)
- Gross national expenditure (current LCU), annual growth rate 1.37 % change on previous year (2023)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6895 constant 2015 US$ per US$ of GDP (2023)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Greenland?
- Gross fixed capital formation — value standard local currency, 2015 in Greenland was 0.145 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Greenland?
- The highest recorded value was 0.1735 million SLC per person in 2011.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Greenland?
- The lowest recorded value was 0.0272 million SLC per person in 1994.
- How does Greenland rank for gross fixed capital formation — value standard local currency, 2015?
- Greenland ranks 41st out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Greenland?
- Over the last ten years it is up 114.0%. 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 — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.