Gross Fixed Capital Formation — Value US$, 2015 prices in Greenland
Greenland: Gross Fixed Capital Formation — Value US$, 2015 prices was 1,225 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Greenland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Greenland stood at 1,225 million USD.
That represents a change of up 2.6% on the previous year and up 116.1% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Greenland peaked at 1,467 million USD in 2011 and was at its lowest, 224.16 million USD, in 1993.
Greenland ranks 157th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 401.37 million USD | 327.24 million USD | 471.97 million USD | 10 |
| 1980s | 313.51 million USD | 258.68 million USD | 362.35 million USD | 10 |
| 1990s | 292.54 million USD | 224.16 million USD | 418.62 million USD | 10 |
| 2000s | 496.06 million USD | 319.48 million USD | 834.68 million USD | 10 |
| 2010s | 820.25 million USD | 567.11 million USD | 1,467 million USD | 10 |
| 2020s | 1,072 million USD | 887.76 million USD | 1,225 million USD | 5 |
Countries ranked near Greenland
- 154 Bhutan 1,378 million USD compare
- 155 Montenegro 1,366 million USD compare
- 156 French Polynesia 1,299 million USD compare
- 158 Cayman Islands 1,195 million USD compare
- 159 Maldives 1,038 million USD compare
- 160 Djibouti 972.53 million USD compare
More economy & growth data for Greenland
- Manufacturing value added to gdp, per capita 0 units per person (2023)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2023)
- Gdp worldbank constant usd, per capita 49,930 units per person (2023)
- Gdp worldbank constant usd, per unit of GDP 0.8535 units per US$ of GDP (2023)
- Gdp worldbank constant usd, annual growth rate 0.8661 % change on previous year (2023)
- GDP deflator 140.95 base year varies by country (2023)
- Services, value added 2.03 billion current US$ (2023)
- Services, value added 13.98 billion current LCU (2023)
- Services, value added 1.75 billion constant 2015 US$ (2023)
- Services, value added 2.2% (2023)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Greenland?
- Gross fixed capital formation — value us$, 2015 prices in Greenland was 1,225 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Greenland?
- The highest recorded value was 1,467 million USD in 2011.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Greenland?
- The lowest recorded value was 224.16 million USD in 1993.
- How does Greenland rank for gross fixed capital formation — value us$, 2015 prices?
- Greenland ranks 157th out of 200 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 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).