Gross Fixed Capital Formation — Value Standard Local Currency, per in Greenland
Greenland: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0165 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.0165 million SLC per square kilometre
Change on year
up 2.4%
World rank
192nd
of 194 countries
All-time high
0.0228 million SLC per square kilometre
in 2011
All-time low
0.0008 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per 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, per in Greenland stood at 0.0165 million SLC per square kilometre.
Compared with earlier readings it is up 2.4% on the previous year and up 48.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Greenland peaked at 0.0228 million SLC per square kilometre in 2011 and was at its lowest, 0.0008 million SLC per square kilometre, in 1970.
Greenland ranks 192nd of 194 countries on this measure, in the bottom 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, per in Greenland, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0008 million SLC per square kilometre | — |
| 1971 | 0.0011 million SLC per square kilometre | +44.9% |
| 1972 | 0.0011 million SLC per square kilometre | -0.4% |
| 1973 | 0.0014 million SLC per square kilometre | +26.7% |
| 1974 | 0.0012 million SLC per square kilometre | -15.4% |
| 1975 | 0.0016 million SLC per square kilometre | +33.9% |
| 1976 | 0.0017 million SLC per square kilometre | +4.5% |
| 1977 | 0.0022 million SLC per square kilometre | +29.1% |
| 1978 | 0.0021 million SLC per square kilometre | -3.6% |
| 1979 | 0.0026 million SLC per square kilometre | +22.8% |
| 1980 | 0.0023 million SLC per square kilometre | -9.3% |
| 1981 | 0.0027 million SLC per square kilometre | +14.6% |
| 1982 | 0.003 million SLC per square kilometre | +13.1% |
| 1983 | 0.0026 million SLC per square kilometre | -14.9% |
| 1984 | 0.0029 million SLC per square kilometre | +13.8% |
| 1985 | 0.0029 million SLC per square kilometre | -0.2% |
| 1986 | 0.0029 million SLC per square kilometre | -1.0% |
| 1987 | 0.0036 million SLC per square kilometre | +24.0% |
| 1988 | 0.004 million SLC per square kilometre | +13.0% |
| 1989 | 0.0041 million SLC per square kilometre | +1.4% |
| 1990 | 0.0038 million SLC per square kilometre | -6.4% |
| 1991 | 0.0042 million SLC per square kilometre | +8.8% |
| 1992 | 0.0036 million SLC per square kilometre | -12.9% |
| 1993 | 0.0033 million SLC per square kilometre | -10.4% |
| 1994 | 0.0033 million SLC per square kilometre | +0.7% |
| 1995 | 0.0035 million SLC per square kilometre | +8.1% |
| 1996 | 0.0042 million SLC per square kilometre | +18.9% |
| 1997 | 0.0041 million SLC per square kilometre | -2.6% |
| 1998 | 0.0053 million SLC per square kilometre | +29.6% |
| 1999 | 0.005 million SLC per square kilometre | -6.6% |
| 2000 | 0.0057 million SLC per square kilometre | +15.8% |
| 2001 | 0.0055 million SLC per square kilometre | -3.9% |
| 2002 | 0.0049 million SLC per square kilometre | -11.6% |
| 2003 | 0.0048 million SLC per square kilometre | -0.7% |
| 2004 | 0.0043 million SLC per square kilometre | -10.4% |
| 2005 | 0.0065 million SLC per square kilometre | +49.2% |
| 2006 | 0.0068 million SLC per square kilometre | +5.0% |
| 2007 | 0.0094 million SLC per square kilometre | +37.6% |
| 2008 | 0.0126 million SLC per square kilometre | +34.7% |
| 2009 | 0.0104 million SLC per square kilometre | -17.1% |
| 2010 | 0.0179 million SLC per square kilometre | +71.3% |
| 2011 | 0.0228 million SLC per square kilometre | +27.2% |
| 2012 | 0.0141 million SLC per square kilometre | -38.0% |
| 2013 | 0.0111 million SLC per square kilometre | -21.7% |
| 2014 | 0.0091 million SLC per square kilometre | -17.8% |
| 2015 | 0.0098 million SLC per square kilometre | +8.2% |
| 2016 | 0.0112 million SLC per square kilometre | +14.0% |
| 2017 | 0.0106 million SLC per square kilometre | -5.4% |
| 2018 | 0.0101 million SLC per square kilometre | -5.2% |
| 2019 | 0.015 million SLC per square kilometre | +49.0% |
| 2020 | 0.0155 million SLC per square kilometre | +3.7% |
| 2021 | 0.0165 million SLC per square kilometre | +6.1% |
| 2022 | 0.0161 million SLC per square kilometre | -2.4% |
| 2023 | 0.0165 million SLC per square kilometre | +2.4% |
Greenland compared with similar countries
- Greenland's 0.0165 million SLC per square kilometre is below the median for high income countries, which is 2.4 million SLC per square kilometre, 1% of the median. (73 countries reporting)
- Greenland's 0.0165 million SLC per square kilometre is below the median for Europe & Central Asia, which is 1.89 million SLC per square kilometre, 1% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0016 million SLC per square kilometre | 0.0008 million SLC per square kilometre | 0.0026 million SLC per square kilometre | 10 |
| 1980s | 0.0031 million SLC per square kilometre | 0.0023 million SLC per square kilometre | 0.0041 million SLC per square kilometre | 10 |
| 1990s | 0.004 million SLC per square kilometre | 0.0033 million SLC per square kilometre | 0.0053 million SLC per square kilometre | 10 |
| 2000s | 0.0071 million SLC per square kilometre | 0.0043 million SLC per square kilometre | 0.0126 million SLC per square kilometre | 10 |
| 2010s | 0.0132 million SLC per square kilometre | 0.0091 million SLC per square kilometre | 0.0228 million SLC per square kilometre | 10 |
| 2020s | 0.0162 million SLC per square kilometre | 0.0155 million SLC per square kilometre | 0.0165 million SLC per square kilometre | 4 |
Countries ranked near Greenland
- 189 Eritrea 0.021 million SLC per square kilometre compare
- 190 Libya 0.0193 million SLC per square kilometre compare
- 191 Papua New Guinea 0.0185 million SLC per square kilometre compare
- 193 Zimbabwe 0.0096 million SLC per square kilometre compare
- 194 Liberia 0.0092 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, per in Greenland?
- Gross fixed capital formation — value standard local currency, per in Greenland was 0.0165 million SLC per square kilometre in 2023, 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 0.0228 million SLC per square kilometre in 2011.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Greenland?
- The lowest recorded value was 0.0008 million SLC per square kilometre in 1970.
- How does Greenland rank for gross fixed capital formation — value standard local currency, per?
- Greenland ranks 192nd out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Greenland?
- Over the last ten years it is up 48.9%. 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 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.