Gross Fixed Capital Formation — Value US$, per capita in Greenland
Greenland: Gross Fixed Capital Formation — Value US$, per capita was 0.0176 million USD per person in 2024. ◆ Volatile
Latest (2024)
0.0176 million USD per person
Change on year
up 2.0%
World rank
12th
of 194 countries
All-time high
0.0306 million USD per person
in 2011
All-time low
0.0008 million USD per person
in 1970
Years of data
55
1970–2024
Gross Fixed Capital Formation — Value US$, per capita in Greenland, 1970–2024
Source: Statizoid (derived). Measured in million USD per person.
Analysis
The most recent figure for gross fixed capital formation — value us$, per capita in Greenland is 0.0176 million USD per person, measured in 2024.
That represents a change of up 2.0% on the previous year and up 49.0% over ten years.
Over the whole period, gross fixed capital formation — value us$, per capita in Greenland peaked at 0.0306 million USD per person in 2011 and was at its lowest, 0.0008 million USD per person, in 1970.
Greenland ranks 12th of 194 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per capita in Greenland, year by year
| Year | million USD per person | Change |
|---|---|---|
| 1970 | 0.0008 million USD per person | — |
| 1971 | 0.0011 million USD per person | +44.0% |
| 1972 | 0.0011 million USD per person | +3.9% |
| 1973 | 0.0016 million USD per person | +43.5% |
| 1974 | 0.0014 million USD per person | -16.9% |
| 1975 | 0.0019 million USD per person | +41.8% |
| 1976 | 0.0019 million USD per person | -0.9% |
| 1977 | 0.0025 million USD per person | +30.8% |
| 1978 | 0.0026 million USD per person | +5.4% |
| 1979 | 0.0034 million USD per person | +27.6% |
| 1980 | 0.0028 million USD per person | -16.4% |
| 1981 | 0.0025 million USD per person | -10.8% |
| 1982 | 0.0024 million USD per person | -4.3% |
| 1983 | 0.0018 million USD per person | -23.4% |
| 1984 | 0.0018 million USD per person | -0.7% |
| 1985 | 0.0018 million USD per person | -3.4% |
| 1986 | 0.0023 million USD per person | +28.9% |
| 1987 | 0.0033 million USD per person | +45.0% |
| 1988 | 0.0037 million USD per person | +13.4% |
| 1989 | 0.0035 million USD per person | -7.5% |
| 1990 | 0.0038 million USD per person | +10.0% |
| 1991 | 0.004 million USD per person | +5.5% |
| 1992 | 0.0037 million USD per person | -7.4% |
| 1993 | 0.0031 million USD per person | -16.4% |
| 1994 | 0.0032 million USD per person | +2.1% |
| 1995 | 0.0039 million USD per person | +22.1% |
| 1996 | 0.0044 million USD per person | +14.7% |
| 1997 | 0.0045 million USD per person | +2.5% |
| 1998 | 0.0058 million USD per person | +27.5% |
| 1999 | 0.0052 million USD per person | -10.3% |
| 2000 | 0.0052 million USD per person | -0.2% |
| 2001 | 0.0048 million USD per person | -7.0% |
| 2002 | 0.0045 million USD per person | -7.2% |
| 2003 | 0.0053 million USD per person | +18.7% |
| 2004 | 0.0052 million USD per person | -1.7% |
| 2005 | 0.0078 million USD per person | +48.9% |
| 2006 | 0.0083 million USD per person | +6.2% |
| 2007 | 0.0125 million USD per person | +50.9% |
| 2008 | 0.018 million USD per person | +44.4% |
| 2009 | 0.0142 million USD per person | -21.2% |
| 2010 | 0.0231 million USD per person | +62.7% |
| 2011 | 0.0306 million USD per person | +32.4% |
| 2012 | 0.0176 million USD per person | -42.4% |
| 2013 | 0.0143 million USD per person | -18.8% |
| 2014 | 0.0118 million USD per person | -17.5% |
| 2015 | 0.0107 million USD per person | -9.4% |
| 2016 | 0.0122 million USD per person | +13.8% |
| 2017 | 0.0117 million USD per person | -3.5% |
| 2018 | 0.0117 million USD per person | -0.6% |
| 2019 | 0.0164 million USD per person | +40.6% |
| 2020 | 0.0173 million USD per person | +5.4% |
| 2021 | 0.019 million USD per person | +9.9% |
| 2022 | 0.0165 million USD per person | -13.3% |
| 2023 | 0.0173 million USD per person | +4.8% |
| 2024 | 0.0176 million USD per person | +2.0% |
Greenland compared with similar countries
- Greenland's 0.0176 million USD per person is above the median for high income countries, which is 0.0085 million USD per person, 2.1× the median. (73 countries reporting)
- Greenland's 0.0176 million USD per person is above the median for Europe & Central Asia, which is 0.0056 million USD per person, 3.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0018 million USD per person | 0.0008 million USD per person | 0.0034 million USD per person | 10 |
| 1980s | 0.0026 million USD per person | 0.0018 million USD per person | 0.0037 million USD per person | 10 |
| 1990s | 0.0042 million USD per person | 0.0031 million USD per person | 0.0058 million USD per person | 10 |
| 2000s | 0.0086 million USD per person | 0.0045 million USD per person | 0.018 million USD per person | 10 |
| 2010s | 0.016 million USD per person | 0.0107 million USD per person | 0.0306 million USD per person | 10 |
| 2020s | 0.0175 million USD per person | 0.0165 million USD per person | 0.019 million USD per person | 5 |
Countries ranked near Greenland
- 9 Singapore 0.0195 million USD per person compare
- 10 United States 0.0185 million USD per person compare
- 11 Ireland 0.0183 million USD per person compare
- 13 Australia 0.0171 million USD per person compare
- 14 Denmark 0.0161 million USD per person compare
- 15 Bermuda 0.0157 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$, per capita in Greenland?
- Gross fixed capital formation — value us$, per capita in Greenland was 0.0176 million USD per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per capita recorded in Greenland?
- The highest recorded value was 0.0306 million USD per person in 2011.
- What is the lowest gross fixed capital formation — value us$, per capita recorded in Greenland?
- The lowest recorded value was 0.0008 million USD per person in 1970.
- How does Greenland rank for gross fixed capital formation — value us$, per capita?
- Greenland ranks 12th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value us$, per capita rising or falling in Greenland?
- Over the last ten years it is up 49.0%. 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$, per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross Fixed Capital Formation — Value US$ 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$ ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value US$ 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$ divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.