Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Greenland
Greenland: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0196 million SLC per square kilometre in 2023. ▲ Rising
Latest (2023)
0.0196 million SLC per square kilometre
Change on year
up 8.1%
World rank
188th
of 194 countries
All-time high
0.024 million SLC per square kilometre
in 2011
All-time low
0.0044 million SLC per square kilometre
in 1993
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Greenland, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, 2015 in Greenland stood at 0.0196 million SLC per square kilometre.
Compared with earlier readings it is up 8.1% on the previous year and up 70.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Greenland peaked at 0.024 million SLC per square kilometre in 2011 and was at its lowest, 0.0044 million SLC per square kilometre, in 1993.
That places Greenland 188th out of 194 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Greenland, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0064 million SLC per square kilometre | — |
| 1971 | 0.0084 million SLC per square kilometre | +30.0% |
| 1972 | 0.0079 million SLC per square kilometre | -5.7% |
| 1973 | 0.0093 million SLC per square kilometre | +17.7% |
| 1974 | 0.0068 million SLC per square kilometre | -26.8% |
| 1975 | 0.0078 million SLC per square kilometre | +15.0% |
| 1976 | 0.0072 million SLC per square kilometre | -7.7% |
| 1977 | 0.0087 million SLC per square kilometre | +20.7% |
| 1978 | 0.0077 million SLC per square kilometre | -11.8% |
| 1979 | 0.0088 million SLC per square kilometre | +14.2% |
| 1980 | 0.0071 million SLC per square kilometre | -18.7% |
| 1981 | 0.0071 million SLC per square kilometre | -0.3% |
| 1982 | 0.0071 million SLC per square kilometre | +0.0% |
| 1983 | 0.0055 million SLC per square kilometre | -22.4% |
| 1984 | 0.0058 million SLC per square kilometre | +4.5% |
| 1985 | 0.0054 million SLC per square kilometre | -7.1% |
| 1986 | 0.0051 million SLC per square kilometre | -5.0% |
| 1987 | 0.006 million SLC per square kilometre | +18.5% |
| 1988 | 0.0064 million SLC per square kilometre | +6.3% |
| 1989 | 0.0062 million SLC per square kilometre | -3.7% |
| 1990 | 0.0055 million SLC per square kilometre | -10.9% |
| 1991 | 0.0058 million SLC per square kilometre | +5.4% |
| 1992 | 0.005 million SLC per square kilometre | -14.2% |
| 1993 | 0.0044 million SLC per square kilometre | -11.3% |
| 1994 | 0.0044 million SLC per square kilometre | +0.2% |
| 1995 | 0.0047 million SLC per square kilometre | +5.9% |
| 1996 | 0.0055 million SLC per square kilometre | +17.7% |
| 1997 | 0.0053 million SLC per square kilometre | -3.1% |
| 1998 | 0.0069 million SLC per square kilometre | +28.3% |
| 1999 | 0.0063 million SLC per square kilometre | -7.6% |
| 2000 | 0.0072 million SLC per square kilometre | +13.4% |
| 2001 | 0.0067 million SLC per square kilometre | -7.1% |
| 2002 | 0.0057 million SLC per square kilometre | -14.3% |
| 2003 | 0.0056 million SLC per square kilometre | -2.8% |
| 2004 | 0.0052 million SLC per square kilometre | -5.9% |
| 2005 | 0.0076 million SLC per square kilometre | +44.6% |
| 2006 | 0.0079 million SLC per square kilometre | +3.7% |
| 2007 | 0.0104 million SLC per square kilometre | +32.6% |
| 2008 | 0.0137 million SLC per square kilometre | +31.4% |
| 2009 | 0.0114 million SLC per square kilometre | -16.8% |
| 2010 | 0.0193 million SLC per square kilometre | +69.5% |
| 2011 | 0.024 million SLC per square kilometre | +24.6% |
| 2012 | 0.0148 million SLC per square kilometre | -38.6% |
| 2013 | 0.0115 million SLC per square kilometre | -22.2% |
| 2014 | 0.0093 million SLC per square kilometre | -19.1% |
| 2015 | 0.0098 million SLC per square kilometre | +5.9% |
| 2016 | 0.0112 million SLC per square kilometre | +14.0% |
| 2017 | 0.0104 million SLC per square kilometre | -7.4% |
| 2018 | 0.0098 million SLC per square kilometre | -6.0% |
| 2019 | 0.0143 million SLC per square kilometre | +46.7% |
| 2020 | 0.0146 million SLC per square kilometre | +1.6% |
| 2021 | 0.0155 million SLC per square kilometre | +6.6% |
| 2022 | 0.0181 million SLC per square kilometre | +16.7% |
| 2023 | 0.0196 million SLC per square kilometre | +8.1% |
Greenland compared with similar countries
- Greenland's 0.0196 million SLC per square kilometre is below the median for high income countries, which is 1.92 million SLC per square kilometre, 1% of the median. (73 countries reporting)
- Greenland's 0.0196 million SLC per square kilometre is below the median for Europe & Central Asia, which is 1.13 million SLC per square kilometre, 2% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0079 million SLC per square kilometre | 0.0064 million SLC per square kilometre | 0.0093 million SLC per square kilometre | 10 |
| 1980s | 0.0062 million SLC per square kilometre | 0.0051 million SLC per square kilometre | 0.0071 million SLC per square kilometre | 10 |
| 1990s | 0.0054 million SLC per square kilometre | 0.0044 million SLC per square kilometre | 0.0069 million SLC per square kilometre | 10 |
| 2000s | 0.0081 million SLC per square kilometre | 0.0052 million SLC per square kilometre | 0.0137 million SLC per square kilometre | 10 |
| 2010s | 0.0134 million SLC per square kilometre | 0.0093 million SLC per square kilometre | 0.024 million SLC per square kilometre | 10 |
| 2020s | 0.0169 million SLC per square kilometre | 0.0146 million SLC per square kilometre | 0.0196 million SLC per square kilometre | 4 |
Countries ranked near Greenland
- 185 Oman 0.0303 million SLC per square kilometre compare
- 186 East Timor 0.0228 million SLC per square kilometre compare
- 187 Sudan 0.0207 million SLC per square kilometre compare
- 189 Eritrea 0.0164 million SLC per square kilometre compare
- 190 Papua New Guinea 0.0131 million SLC per square kilometre compare
- 191 South Sudan 0.0125 million SLC per square kilometre compare
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 — value standard local currency, 2015 in Greenland?
- Gross fixed capital formation — value standard local currency, 2015 in Greenland was 0.0196 million SLC per square kilometre in 2023, 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 0.024 million SLC per square kilometre in 2011.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Greenland?
- The lowest recorded value was 0.0044 million SLC per square kilometre in 1993.
- How does Greenland rank for gross fixed capital formation — value standard local currency, 2015?
- Greenland ranks 188th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Greenland?
- Over the last ten years it is up 70.4%. 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 — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.