Gross Fixed Capital: Value Standard … 2015 Standard Local Currency in Greenland
Greenland: Gross Fixed Capital: Value Standard … 2015 Standard Local Currency was 8,244 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Greenland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Greenland stood at 8,244 million SLC.
Compared with earlier readings it is up 2.6% on the previous year and up 116.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Greenland peaked at 9,870 million SLC in 2011 and was at its lowest, 1,508 million SLC, in 1993.
Greenland ranks 161st of 222 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: Value Standard … 2015 Standard Local Currency in Greenland, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 2,202 million SLC | — |
| 1971 | 2,863 million SLC | +30.0% |
| 1972 | 2,698 million SLC | -5.7% |
| 1973 | 3,175 million SLC | +17.7% |
| 1974 | 2,324 million SLC | -26.8% |
| 1975 | 2,673 million SLC | +15.0% |
| 1976 | 2,467 million SLC | -7.7% |
| 1977 | 2,977 million SLC | +20.7% |
| 1978 | 2,627 million SLC | -11.8% |
| 1979 | 3,000 million SLC | +14.2% |
| 1980 | 2,438 million SLC | -18.7% |
| 1981 | 2,430 million SLC | -0.3% |
| 1982 | 2,431 million SLC | +0.0% |
| 1983 | 1,886 million SLC | -22.4% |
| 1984 | 1,971 million SLC | +4.5% |
| 1985 | 1,831 million SLC | -7.1% |
| 1986 | 1,740 million SLC | -5.0% |
| 1987 | 2,063 million SLC | +18.5% |
| 1988 | 2,192 million SLC | +6.3% |
| 1989 | 2,110 million SLC | -3.7% |
| 1990 | 1,880 million SLC | -10.9% |
| 1991 | 1,982 million SLC | +5.4% |
| 1992 | 1,700 million SLC | -14.2% |
| 1993 | 1,508 million SLC | -11.3% |
| 1994 | 1,512 million SLC | +0.2% |
| 1995 | 1,601 million SLC | +5.9% |
| 1996 | 1,885 million SLC | +17.7% |
| 1997 | 2,195 million SLC | +16.4% |
| 1998 | 2,816 million SLC | +28.3% |
| 1999 | 2,602 million SLC | -7.6% |
| 2000 | 2,952 million SLC | +13.4% |
| 2001 | 2,743 million SLC | -7.1% |
| 2002 | 2,351 million SLC | -14.3% |
| 2003 | 2,285 million SLC | -2.8% |
| 2004 | 2,149 million SLC | -5.9% |
| 2005 | 3,109 million SLC | +44.6% |
| 2006 | 3,222 million SLC | +3.7% |
| 2007 | 4,273 million SLC | +32.6% |
| 2008 | 5,616 million SLC | +31.4% |
| 2009 | 4,675 million SLC | -16.8% |
| 2010 | 7,923 million SLC | +69.5% |
| 2011 | 9,870 million SLC | +24.6% |
| 2012 | 6,060 million SLC | -38.6% |
| 2013 | 4,717 million SLC | -22.2% |
| 2014 | 3,815 million SLC | -19.1% |
| 2015 | 4,039 million SLC | +5.9% |
| 2016 | 4,606 million SLC | +14.0% |
| 2017 | 4,266 million SLC | -7.4% |
| 2018 | 4,008 million SLC | -6.0% |
| 2019 | 5,880 million SLC | +46.7% |
| 2020 | 5,973 million SLC | +1.6% |
| 2021 | 6,370 million SLC | +6.6% |
| 2022 | 7,434 million SLC | +16.7% |
| 2023 | 8,038 million SLC | +8.1% |
| 2024 | 8,244 million SLC | +2.6% |
Greenland compared with similar countries
- Greenland's 8,244 million SLC is below the median for high income countries, which is 32,825 million SLC, 25% of the median. (73 countries reporting)
- Greenland's 8,244 million SLC is below the median for Europe & Central Asia, which is 93,351 million SLC, 9% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,700 million SLC | 2,202 million SLC | 3,175 million SLC | 10 |
| 1980s | 2,109 million SLC | 1,740 million SLC | 2,438 million SLC | 10 |
| 1990s | 1,968 million SLC | 1,508 million SLC | 2,816 million SLC | 10 |
| 2000s | 3,337 million SLC | 2,149 million SLC | 5,616 million SLC | 10 |
| 2010s | 5,519 million SLC | 3,815 million SLC | 9,870 million SLC | 10 |
| 2020s | 7,212 million SLC | 5,973 million SLC | 8,244 million SLC | 5 |
Countries ranked near Greenland
More economy & growth data for Greenland
- General government final consumption expenditure (current US$), per 24,400 current US$ per person (2023)
- General government final consumption expenditure (current US$), per 0.4171 current US$ per US$ of GDP (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 (current LCU), per capita 299,448 current LCU per person (2023)
- General government final consumption expenditure (current LCU) 3.81 % change on previous year (2023)
- Final consumption expenditure (current LCU), per unit of GDP 5.12 current LCU per US$ of GDP (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.24 % change on previous year (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 8,244 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Greenland?
- The highest recorded value was 9,870 million SLC in 2011.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Greenland?
- The lowest recorded value was 1,508 million SLC in 1993.
- How does Greenland rank for gross fixed capital formation — value standard local currency, 2015?
- Greenland ranks 161st out of 222 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 116.1%. The long-run trend across the full record is volatile.
- 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 — Value Standard Local Currency, 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).