Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Greenland
Greenland: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0 million SLC per US$ of GDP in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Greenland, 1970–2023
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
Greenland recorded 0 million SLC per US$ of GDP for gross fixed capital formation — value standard local currency, 2015 in 2023.
The figure is up 2.5% on the previous year and up 37.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Greenland peaked at 0 million SLC per US$ of GDP in 1971 and was at its lowest, 0 million SLC per US$ of GDP, in 2004.
Greenland ranks 82nd of 193 countries on this measure, in the middle of the range.
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 US$ of GDP | Change |
|---|---|---|
| 1970 | 0 million SLC per US$ of GDP | — |
| 1971 | 0 million SLC per US$ of GDP | +2.2% |
| 1972 | 0 million SLC per US$ of GDP | -21.4% |
| 1973 | 0 million SLC per US$ of GDP | -10.9% |
| 1974 | 0 million SLC per US$ of GDP | -39.6% |
| 1975 | 0 million SLC per US$ of GDP | -7.5% |
| 1976 | 0 million SLC per US$ of GDP | -19.0% |
| 1977 | 0 million SLC per US$ of GDP | +2.9% |
| 1978 | 0 million SLC per US$ of GDP | -30.0% |
| 1979 | 0 million SLC per US$ of GDP | -3.4% |
| 1980 | 0 million SLC per US$ of GDP | -28.2% |
| 1981 | 0 million SLC per US$ of GDP | +8.9% |
| 1982 | 0 million SLC per US$ of GDP | +8.3% |
| 1983 | 0 million SLC per US$ of GDP | -25.0% |
| 1984 | 0 million SLC per US$ of GDP | +14.7% |
| 1985 | 0 million SLC per US$ of GDP | -14.6% |
| 1986 | 0 million SLC per US$ of GDP | -34.9% |
| 1987 | 0 million SLC per US$ of GDP | -9.2% |
| 1988 | 0 million SLC per US$ of GDP | -6.9% |
| 1989 | 0 million SLC per US$ of GDP | -7.0% |
| 1990 | 0 million SLC per US$ of GDP | -18.7% |
| 1991 | 0 million SLC per US$ of GDP | +5.7% |
| 1992 | 0 million SLC per US$ of GDP | -16.0% |
| 1993 | 0 million SLC per US$ of GDP | -0.7% |
| 1994 | 0 million SLC per US$ of GDP | -7.6% |
| 1995 | 0 million SLC per US$ of GDP | -11.9% |
| 1996 | 0 million SLC per US$ of GDP | +18.9% |
| 1997 | 0 million SLC per US$ of GDP | +30.0% |
| 1998 | 0 million SLC per US$ of GDP | +19.7% |
| 1999 | 0 million SLC per US$ of GDP | -6.1% |
| 2000 | 0 million SLC per US$ of GDP | +20.2% |
| 2001 | 0 million SLC per US$ of GDP | -8.6% |
| 2002 | 0 million SLC per US$ of GDP | -20.4% |
| 2003 | 0 million SLC per US$ of GDP | -27.1% |
| 2004 | 0 million SLC per US$ of GDP | -19.5% |
| 2005 | 0 million SLC per US$ of GDP | +42.5% |
| 2006 | 0 million SLC per US$ of GDP | -4.8% |
| 2007 | 0 million SLC per US$ of GDP | +18.7% |
| 2008 | 0 million SLC per US$ of GDP | +18.3% |
| 2009 | 0 million SLC per US$ of GDP | -17.8% |
| 2010 | 0 million SLC per US$ of GDP | +71.3% |
| 2011 | 0 million SLC per US$ of GDP | +16.2% |
| 2012 | 0 million SLC per US$ of GDP | -36.8% |
| 2013 | 0 million SLC per US$ of GDP | -24.3% |
| 2014 | 0 million SLC per US$ of GDP | -23.6% |
| 2015 | 0 million SLC per US$ of GDP | +20.4% |
| 2016 | 0 million SLC per US$ of GDP | +5.3% |
| 2017 | 0 million SLC per US$ of GDP | -12.1% |
| 2018 | 0 million SLC per US$ of GDP | -12.3% |
| 2019 | 0 million SLC per US$ of GDP | +49.6% |
| 2020 | 0 million SLC per US$ of GDP | -1.5% |
| 2021 | 0 million SLC per US$ of GDP | +0.0% |
| 2022 | 0 million SLC per US$ of GDP | +21.9% |
| 2023 | 0 million SLC per US$ of GDP | +2.5% |
Greenland compared with similar countries
- Greenland's 0 million SLC per US$ of GDP is above the median for high income countries, which is 0 million SLC per US$ of GDP, 11.4× the median. (72 countries reporting)
- Greenland's 0 million SLC per US$ of GDP is above the median for Europe & Central Asia, which is 0 million SLC per US$ of GDP, 12.3× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1980s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1990s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2000s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2010s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2020s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 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 — value standard local currency, 2015 in Greenland?
- Gross fixed capital formation — value standard local currency, 2015 in Greenland was 0 million SLC per US$ of GDP 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 million SLC per US$ of GDP in 1971.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Greenland?
- The lowest recorded value was 0 million SLC per US$ of GDP in 2004.
- How does Greenland rank for gross fixed capital formation — value standard local currency, 2015?
- Greenland ranks 82nd out of 193 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 37.5%. 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 unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.