Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Greenland
Greenland: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.0029 million USD per square kilometre in 2023. ▲ Rising
Latest (2023)
0.0029 million USD per square kilometre
Change on year
up 8.1%
World rank
189th
of 194 countries
All-time high
0.0036 million USD per square kilometre
in 2011
All-time low
0.0007 million USD per square kilometre
in 1993
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Greenland, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices, per square in Greenland is 0.0029 million USD per square kilometre, measured in 2023.
The figure is up 8.1% on the previous year and up 70.4% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Greenland peaked at 0.0036 million USD per square kilometre in 2011 and was at its lowest, 0.0007 million USD per square kilometre, in 1993.
That places Greenland 189th out of 194 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Greenland, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.001 million USD per square kilometre | — |
| 1971 | 0.0012 million USD per square kilometre | +30.0% |
| 1972 | 0.0012 million USD per square kilometre | -5.7% |
| 1973 | 0.0014 million USD per square kilometre | +17.7% |
| 1974 | 0.001 million USD per square kilometre | -26.8% |
| 1975 | 0.0012 million USD per square kilometre | +15.0% |
| 1976 | 0.0011 million USD per square kilometre | -7.7% |
| 1977 | 0.0013 million USD per square kilometre | +20.7% |
| 1978 | 0.0011 million USD per square kilometre | -11.8% |
| 1979 | 0.0013 million USD per square kilometre | +14.2% |
| 1980 | 0.0011 million USD per square kilometre | -18.7% |
| 1981 | 0.0011 million USD per square kilometre | -0.3% |
| 1982 | 0.0011 million USD per square kilometre | +0.0% |
| 1983 | 0.0008 million USD per square kilometre | -22.4% |
| 1984 | 0.0009 million USD per square kilometre | +4.5% |
| 1985 | 0.0008 million USD per square kilometre | -7.1% |
| 1986 | 0.0008 million USD per square kilometre | -5.0% |
| 1987 | 0.0009 million USD per square kilometre | +18.5% |
| 1988 | 0.001 million USD per square kilometre | +6.3% |
| 1989 | 0.0009 million USD per square kilometre | -3.7% |
| 1990 | 0.0008 million USD per square kilometre | -10.9% |
| 1991 | 0.0009 million USD per square kilometre | +5.4% |
| 1992 | 0.0007 million USD per square kilometre | -14.2% |
| 1993 | 0.0007 million USD per square kilometre | -11.3% |
| 1994 | 0.0007 million USD per square kilometre | +0.3% |
| 1995 | 0.0007 million USD per square kilometre | +5.9% |
| 1996 | 0.0008 million USD per square kilometre | +17.7% |
| 1997 | 0.0008 million USD per square kilometre | -3.1% |
| 1998 | 0.001 million USD per square kilometre | +28.3% |
| 1999 | 0.0009 million USD per square kilometre | -7.6% |
| 2000 | 0.0011 million USD per square kilometre | +13.4% |
| 2001 | 0.001 million USD per square kilometre | -7.1% |
| 2002 | 0.0009 million USD per square kilometre | -14.3% |
| 2003 | 0.0008 million USD per square kilometre | -2.8% |
| 2004 | 0.0008 million USD per square kilometre | -5.9% |
| 2005 | 0.0011 million USD per square kilometre | +44.6% |
| 2006 | 0.0012 million USD per square kilometre | +3.7% |
| 2007 | 0.0015 million USD per square kilometre | +32.6% |
| 2008 | 0.002 million USD per square kilometre | +31.4% |
| 2009 | 0.0017 million USD per square kilometre | -16.8% |
| 2010 | 0.0029 million USD per square kilometre | +69.5% |
| 2011 | 0.0036 million USD per square kilometre | +24.6% |
| 2012 | 0.0022 million USD per square kilometre | -38.6% |
| 2013 | 0.0017 million USD per square kilometre | -22.2% |
| 2014 | 0.0014 million USD per square kilometre | -19.1% |
| 2015 | 0.0015 million USD per square kilometre | +5.9% |
| 2016 | 0.0017 million USD per square kilometre | +14.0% |
| 2017 | 0.0015 million USD per square kilometre | -7.4% |
| 2018 | 0.0015 million USD per square kilometre | -6.0% |
| 2019 | 0.0021 million USD per square kilometre | +46.7% |
| 2020 | 0.0022 million USD per square kilometre | +1.6% |
| 2021 | 0.0023 million USD per square kilometre | +6.6% |
| 2022 | 0.0027 million USD per square kilometre | +16.7% |
| 2023 | 0.0029 million USD per square kilometre | +8.1% |
Greenland compared with similar countries
- Greenland's 0.0029 million USD per square kilometre is below the median for high income countries, which is 0.6883 million USD per square kilometre, 0% of the median. (73 countries reporting)
- Greenland's 0.0029 million USD per square kilometre is below the median for Europe & Central Asia, which is 0.2754 million USD per square kilometre, 1% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0012 million USD per square kilometre | 0.001 million USD per square kilometre | 0.0014 million USD per square kilometre | 10 |
| 1980s | 0.0009 million USD per square kilometre | 0.0008 million USD per square kilometre | 0.0011 million USD per square kilometre | 10 |
| 1990s | 0.0008 million USD per square kilometre | 0.0007 million USD per square kilometre | 0.001 million USD per square kilometre | 10 |
| 2000s | 0.0012 million USD per square kilometre | 0.0008 million USD per square kilometre | 0.002 million USD per square kilometre | 10 |
| 2010s | 0.002 million USD per square kilometre | 0.0014 million USD per square kilometre | 0.0036 million USD per square kilometre | 10 |
| 2020s | 0.0025 million USD per square kilometre | 0.0022 million USD per square kilometre | 0.0029 million USD per square kilometre | 4 |
Countries ranked near Greenland
- 186 Somalia 0.0033 million USD per square kilometre compare
- 187 Mongolia 0.0032 million USD per square kilometre compare
- 188 Guinea-Bissau 0.0031 million USD per square kilometre compare
- 190 Niger 0.0027 million USD per square kilometre compare
- 191 Chad 0.0022 million USD per square kilometre compare
- 192 Mauritania 0.0022 million USD 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 us$, 2015 prices, per square in Greenland?
- Gross fixed capital formation — value us$, 2015 prices, per square in Greenland was 0.0029 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Greenland?
- The highest recorded value was 0.0036 million USD per square kilometre in 2011.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Greenland?
- The lowest recorded value was 0.0007 million USD per square kilometre in 1993.
- How does Greenland rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Greenland ranks 189th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Greenland?
- Over the last ten years it is up 70.4%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value US$, 2015 prices 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 US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices 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 US$, 2015 prices 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.