Gross Fixed Capital Formation — Value Standard Local Currency, per in Greenland
Greenland: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.1252 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Greenland, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross fixed capital formation — value standard local currency, per in Greenland stood at 0.1252 million SLC per person.
That represents a change of up 5.3% on the previous year and up 88.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Greenland peaked at 0.1642 million SLC per person in 2011 and was at its lowest, 0.0057 million SLC per person, in 1970.
Greenland ranks 57th of 194 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, per in Greenland, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0057 million SLC per person | — |
| 1971 | 0.0081 million SLC per person | +42.4% |
| 1972 | 0.0079 million SLC per person | -2.6% |
| 1973 | 0.0099 million SLC per person | +24.9% |
| 1974 | 0.0083 million SLC per person | -16.3% |
| 1975 | 0.011 million SLC per person | +33.7% |
| 1976 | 0.0115 million SLC per person | +4.3% |
| 1977 | 0.015 million SLC per person | +29.9% |
| 1978 | 0.0145 million SLC per person | -3.2% |
| 1979 | 0.0176 million SLC per person | +21.8% |
| 1980 | 0.0158 million SLC per person | -10.4% |
| 1981 | 0.0178 million SLC per person | +12.8% |
| 1982 | 0.02 million SLC per person | +12.0% |
| 1983 | 0.0168 million SLC per person | -15.9% |
| 1984 | 0.0189 million SLC per person | +12.5% |
| 1985 | 0.0187 million SLC per person | -1.1% |
| 1986 | 0.0184 million SLC per person | -1.6% |
| 1987 | 0.0225 million SLC per person | +22.6% |
| 1988 | 0.0251 million SLC per person | +11.6% |
| 1989 | 0.0253 million SLC per person | +0.5% |
| 1990 | 0.0235 million SLC per person | -6.9% |
| 1991 | 0.0256 million SLC per person | +9.0% |
| 1992 | 0.0224 million SLC per person | -12.6% |
| 1993 | 0.0201 million SLC per person | -10.2% |
| 1994 | 0.0202 million SLC per person | +0.2% |
| 1995 | 0.0217 million SLC per person | +7.5% |
| 1996 | 0.0257 million SLC per person | +18.7% |
| 1997 | 0.03 million SLC per person | +16.8% |
| 1998 | 0.0389 million SLC per person | +29.4% |
| 1999 | 0.0363 million SLC per person | -6.6% |
| 2000 | 0.042 million SLC per person | +15.7% |
| 2001 | 0.0402 million SLC per person | -4.2% |
| 2002 | 0.0354 million SLC per person | -12.0% |
| 2003 | 0.035 million SLC per person | -1.0% |
| 2004 | 0.0313 million SLC per person | -10.6% |
| 2005 | 0.0467 million SLC per person | +49.1% |
| 2006 | 0.0492 million SLC per person | +5.3% |
| 2007 | 0.0679 million SLC per person | +38.1% |
| 2008 | 0.0918 million SLC per person | +35.2% |
| 2009 | 0.0761 million SLC per person | -17.1% |
| 2010 | 0.1299 million SLC per person | +70.7% |
| 2011 | 0.1642 million SLC per person | +26.4% |
| 2012 | 0.1021 million SLC per person | -37.9% |
| 2013 | 0.0804 million SLC per person | -21.2% |
| 2014 | 0.0663 million SLC per person | -17.5% |
| 2015 | 0.072 million SLC per person | +8.6% |
| 2016 | 0.082 million SLC per person | +13.9% |
| 2017 | 0.0775 million SLC per person | -5.4% |
| 2018 | 0.0737 million SLC per person | -4.9% |
| 2019 | 0.1094 million SLC per person | +48.5% |
| 2020 | 0.1132 million SLC per person | +3.4% |
| 2021 | 0.1195 million SLC per person | +5.6% |
| 2022 | 0.1166 million SLC per person | -2.5% |
| 2023 | 0.1189 million SLC per person | +2.0% |
| 2024 | 0.1252 million SLC per person | +5.3% |
Greenland compared with similar countries
- Greenland's 0.1252 million SLC per person is above the median for high income countries, which is 0.0157 million SLC per person, 8.0× the median. (73 countries reporting)
- Greenland's 0.1252 million SLC per person is above the median for Europe & Central Asia, which is 0.0141 million SLC per person, 8.9× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.011 million SLC per person | 0.0057 million SLC per person | 0.0176 million SLC per person | 10 |
| 1980s | 0.0199 million SLC per person | 0.0158 million SLC per person | 0.0253 million SLC per person | 10 |
| 1990s | 0.0264 million SLC per person | 0.0201 million SLC per person | 0.0389 million SLC per person | 10 |
| 2000s | 0.0516 million SLC per person | 0.0313 million SLC per person | 0.0918 million SLC per person | 10 |
| 2010s | 0.0958 million SLC per person | 0.0663 million SLC per person | 0.1642 million SLC per person | 10 |
| 2020s | 0.1187 million SLC per person | 0.1132 million SLC per person | 0.1252 million SLC per person | 5 |
Countries ranked near Greenland
- 54 Vanuatu 0.1412 million SLC per person compare
- 55 Mauritius 0.1386 million SLC per person compare
- 56 North Macedonia 0.1304 million SLC per person compare
- 58 Chad 0.1142 million SLC per person compare
- 59 Denmark 0.1107 million SLC per person compare
- 60 Suriname 0.1092 million SLC per person compare
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, per in Greenland?
- Gross fixed capital formation — value standard local currency, per in Greenland was 0.1252 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Greenland?
- The highest recorded value was 0.1642 million SLC per person in 2011.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Greenland?
- The lowest recorded value was 0.0057 million SLC per person in 1970.
- How does Greenland rank for gross fixed capital formation — value standard local currency, per?
- Greenland ranks 57th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Greenland?
- Over the last ten years it is up 88.8%. 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, 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 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 ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.