Gross Fixed Capital Formation — Value US$, 2015 prices, per capita in Greenland
Greenland: Gross Fixed Capital Formation — Value US$, 2015 prices, per capita was 0.0216 million USD per person in 2024. ◆ Volatile
Latest (2024)
0.0216 million USD per person
Change on year
up 2.6%
World rank
5th
of 194 countries
All-time high
0.0258 million USD per person
in 2011
All-time low
0.004 million USD per person
in 1994
Years of data
55
1970–2024
Gross Fixed Capital Formation — Value US$, 2015 prices, per capita in Greenland, 1970–2024
Source: Statizoid (derived). Measured in million USD per person.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices, per capita in Greenland stood at 0.0216 million USD per person.
The figure is up 2.6% on the previous year and up 114.0% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per capita in Greenland peaked at 0.0258 million USD per person in 2011 and was at its lowest, 0.004 million USD per person, in 1994.
Greenland ranks 5th of 194 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per capita in Greenland, year by year
| Year | million USD per person | Change |
|---|---|---|
| 1970 | 0.0071 million USD per person | — |
| 1971 | 0.009 million USD per person | +27.8% |
| 1972 | 0.0083 million USD per person | -7.9% |
| 1973 | 0.0096 million USD per person | +16.0% |
| 1974 | 0.007 million USD per person | -27.6% |
| 1975 | 0.008 million USD per person | +14.8% |
| 1976 | 0.0074 million USD per person | -7.9% |
| 1977 | 0.009 million USD per person | +21.4% |
| 1978 | 0.0079 million USD per person | -11.4% |
| 1979 | 0.009 million USD per person | +13.3% |
| 1980 | 0.0072 million USD per person | -19.7% |
| 1981 | 0.0071 million USD per person | -1.9% |
| 1982 | 0.007 million USD per person | -0.9% |
| 1983 | 0.0054 million USD per person | -23.3% |
| 1984 | 0.0056 million USD per person | +3.3% |
| 1985 | 0.0051 million USD per person | -8.0% |
| 1986 | 0.0048 million USD per person | -5.5% |
| 1987 | 0.0057 million USD per person | +17.2% |
| 1988 | 0.0059 million USD per person | +4.9% |
| 1989 | 0.0057 million USD per person | -4.6% |
| 1990 | 0.005 million USD per person | -11.4% |
| 1991 | 0.0053 million USD per person | +5.6% |
| 1992 | 0.0046 million USD per person | -13.9% |
| 1993 | 0.0041 million USD per person | -11.1% |
| 1994 | 0.004 million USD per person | -0.3% |
| 1995 | 0.0043 million USD per person | +5.3% |
| 1996 | 0.005 million USD per person | +17.5% |
| 1997 | 0.0058 million USD per person | +16.2% |
| 1998 | 0.0075 million USD per person | +28.1% |
| 1999 | 0.0069 million USD per person | -7.6% |
| 2000 | 0.0078 million USD per person | +13.3% |
| 2001 | 0.0072 million USD per person | -7.4% |
| 2002 | 0.0062 million USD per person | -14.6% |
| 2003 | 0.006 million USD per person | -3.1% |
| 2004 | 0.0056 million USD per person | -6.2% |
| 2005 | 0.0081 million USD per person | +44.5% |
| 2006 | 0.0084 million USD per person | +3.9% |
| 2007 | 0.0112 million USD per person | +33.1% |
| 2008 | 0.0148 million USD per person | +31.9% |
| 2009 | 0.0123 million USD per person | -16.8% |
| 2010 | 0.0208 million USD per person | +68.9% |
| 2011 | 0.0258 million USD per person | +23.8% |
| 2012 | 0.0159 million USD per person | -38.5% |
| 2013 | 0.0124 million USD per person | -21.7% |
| 2014 | 0.0101 million USD per person | -18.8% |
| 2015 | 0.0107 million USD per person | +6.2% |
| 2016 | 0.0122 million USD per person | +13.9% |
| 2017 | 0.0113 million USD per person | -7.3% |
| 2018 | 0.0106 million USD per person | -5.8% |
| 2019 | 0.0155 million USD per person | +46.2% |
| 2020 | 0.0157 million USD per person | +1.3% |
| 2021 | 0.0167 million USD per person | +6.1% |
| 2022 | 0.0195 million USD per person | +16.7% |
| 2023 | 0.021 million USD per person | +7.7% |
| 2024 | 0.0216 million USD per person | +2.6% |
Greenland compared with similar countries
- Greenland's 0.0216 million USD per person is above the median for high income countries, which is 0.007 million USD per person, 3.1× the median. (73 countries reporting)
- Greenland's 0.0216 million USD per person is above the median for Europe & Central Asia, which is 0.0044 million USD per person, 4.9× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0082 million USD per person | 0.007 million USD per person | 0.0096 million USD per person | 10 |
| 1980s | 0.0059 million USD per person | 0.0048 million USD per person | 0.0072 million USD per person | 10 |
| 1990s | 0.0052 million USD per person | 0.004 million USD per person | 0.0075 million USD per person | 10 |
| 2000s | 0.0088 million USD per person | 0.0056 million USD per person | 0.0148 million USD per person | 10 |
| 2010s | 0.0145 million USD per person | 0.0101 million USD per person | 0.0258 million USD per person | 10 |
| 2020s | 0.0189 million USD per person | 0.0157 million USD per person | 0.0216 million USD per person | 5 |
Countries ranked near Greenland
- 2 Liechtenstein 0.0448 million USD per person compare
- 3 Qatar 0.0335 million USD per person compare
- 4 Switzerland 0.0219 million USD per person compare
- 6 Norway 0.0196 million USD per person compare
- 7 Luxembourg 0.0164 million USD per person compare
- 8 Cayman Islands 0.016 million USD 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 us$, 2015 prices, per capita in Greenland?
- Gross fixed capital formation — value us$, 2015 prices, per capita in Greenland was 0.0216 million USD per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per capita recorded in Greenland?
- The highest recorded value was 0.0258 million USD per person in 2011.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per capita recorded in Greenland?
- The lowest recorded value was 0.004 million USD per person in 1994.
- How does Greenland rank for gross fixed capital formation — value us$, 2015 prices, per capita?
- Greenland ranks 5th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices, per capita rising or falling in Greenland?
- Over the last ten years it is up 114.0%. 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 US$, 2015 prices, per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Fixed Capital Formation — Value US$, 2015 prices 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 US$, 2015 prices ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices 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 US$, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.