Gross Fixed Capital Formation — Value US$, per square kilometre in Greenland
Greenland: Gross Fixed Capital Formation — Value US$, per square kilometre was 0.0024 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.0024 million USD per square kilometre
Change on year
up 5.1%
World rank
191st
of 194 countries
All-time high
0.0042 million USD per square kilometre
in 2011
All-time low
0.0001 million USD per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, per square kilometre in Greenland, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
Greenland recorded 0.0024 million USD per square kilometre for gross fixed capital formation — value us$, per square kilometre in 2023.
Compared with earlier readings it is up 5.1% on the previous year and up 21.4% over ten years.
Over the whole period, gross fixed capital formation — value us$, per square kilometre in Greenland peaked at 0.0042 million USD per square kilometre in 2011 and was at its lowest, 0.0001 million USD per square kilometre, in 1970.
That places Greenland 191st out of 194 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per square kilometre in Greenland, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0001 million USD per square kilometre | — |
| 1971 | 0.0002 million USD per square kilometre | +46.5% |
| 1972 | 0.0002 million USD per square kilometre | +6.4% |
| 1973 | 0.0002 million USD per square kilometre | +45.5% |
| 1974 | 0.0002 million USD per square kilometre | -16.1% |
| 1975 | 0.0003 million USD per square kilometre | +42.0% |
| 1976 | 0.0003 million USD per square kilometre | -0.7% |
| 1977 | 0.0004 million USD per square kilometre | +30.0% |
| 1978 | 0.0004 million USD per square kilometre | +5.0% |
| 1979 | 0.0005 million USD per square kilometre | +28.7% |
| 1980 | 0.0004 million USD per square kilometre | -15.4% |
| 1981 | 0.0004 million USD per square kilometre | -9.3% |
| 1982 | 0.0004 million USD per square kilometre | -3.3% |
| 1983 | 0.0003 million USD per square kilometre | -22.5% |
| 1984 | 0.0003 million USD per square kilometre | +0.5% |
| 1985 | 0.0003 million USD per square kilometre | -2.4% |
| 1986 | 0.0004 million USD per square kilometre | +29.6% |
| 1987 | 0.0005 million USD per square kilometre | +46.7% |
| 1988 | 0.0006 million USD per square kilometre | +14.9% |
| 1989 | 0.0006 million USD per square kilometre | -6.6% |
| 1990 | 0.0006 million USD per square kilometre | +10.6% |
| 1991 | 0.0007 million USD per square kilometre | +5.3% |
| 1992 | 0.0006 million USD per square kilometre | -7.7% |
| 1993 | 0.0005 million USD per square kilometre | -16.6% |
| 1994 | 0.0005 million USD per square kilometre | +2.7% |
| 1995 | 0.0006 million USD per square kilometre | +22.7% |
| 1996 | 0.0007 million USD per square kilometre | +14.9% |
| 1997 | 0.0006 million USD per square kilometre | -14.5% |
| 1998 | 0.0008 million USD per square kilometre | +27.7% |
| 1999 | 0.0007 million USD per square kilometre | -10.3% |
| 2000 | 0.0007 million USD per square kilometre | -0.0% |
| 2001 | 0.0007 million USD per square kilometre | -6.7% |
| 2002 | 0.0006 million USD per square kilometre | -6.8% |
| 2003 | 0.0007 million USD per square kilometre | +19.0% |
| 2004 | 0.0007 million USD per square kilometre | -1.4% |
| 2005 | 0.0011 million USD per square kilometre | +49.0% |
| 2006 | 0.0011 million USD per square kilometre | +5.9% |
| 2007 | 0.0017 million USD per square kilometre | +50.3% |
| 2008 | 0.0025 million USD per square kilometre | +43.8% |
| 2009 | 0.0019 million USD per square kilometre | -21.2% |
| 2010 | 0.0032 million USD per square kilometre | +63.3% |
| 2011 | 0.0042 million USD per square kilometre | +33.3% |
| 2012 | 0.0024 million USD per square kilometre | -42.5% |
| 2013 | 0.002 million USD per square kilometre | -19.2% |
| 2014 | 0.0016 million USD per square kilometre | -17.7% |
| 2015 | 0.0015 million USD per square kilometre | -9.7% |
| 2016 | 0.0017 million USD per square kilometre | +13.9% |
| 2017 | 0.0016 million USD per square kilometre | -3.6% |
| 2018 | 0.0016 million USD per square kilometre | -0.9% |
| 2019 | 0.0022 million USD per square kilometre | +41.1% |
| 2020 | 0.0024 million USD per square kilometre | +5.7% |
| 2021 | 0.0026 million USD per square kilometre | +10.4% |
| 2022 | 0.0023 million USD per square kilometre | -13.3% |
| 2023 | 0.0024 million USD per square kilometre | +5.1% |
Greenland compared with similar countries
- Greenland's 0.0024 million USD per square kilometre is below the median for high income countries, which is 0.7652 million USD per square kilometre, 0% of the median. (73 countries reporting)
- Greenland's 0.0024 million USD per square kilometre is below the median for Europe & Central Asia, which is 0.3249 million USD per square kilometre, 1% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0003 million USD per square kilometre | 0.0001 million USD per square kilometre | 0.0005 million USD per square kilometre | 10 |
| 1980s | 0.0004 million USD per square kilometre | 0.0003 million USD per square kilometre | 0.0006 million USD per square kilometre | 10 |
| 1990s | 0.0006 million USD per square kilometre | 0.0005 million USD per square kilometre | 0.0008 million USD per square kilometre | 10 |
| 2000s | 0.0012 million USD per square kilometre | 0.0006 million USD per square kilometre | 0.0025 million USD per square kilometre | 10 |
| 2010s | 0.0022 million USD per square kilometre | 0.0015 million USD per square kilometre | 0.0042 million USD per square kilometre | 10 |
| 2020s | 0.0024 million USD per square kilometre | 0.0023 million USD per square kilometre | 0.0026 million USD per square kilometre | 4 |
Countries ranked near Greenland
- 188 Yemen 0.0026 million USD per square kilometre compare
- 189 Mauritania 0.0024 million USD per square kilometre compare
- 190 Sudan 0.0024 million USD per square kilometre compare
- 192 Eritrea 0.0014 million USD per square kilometre compare
- 193 Central African Republic 0.0009 million USD per square kilometre compare
- 194 South Sudan 0.0003 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$, per square kilometre in Greenland?
- Gross fixed capital formation — value us$, per square kilometre in Greenland was 0.0024 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per square kilometre recorded in Greenland?
- The highest recorded value was 0.0042 million USD per square kilometre in 2011.
- What is the lowest gross fixed capital formation — value us$, per square kilometre recorded in Greenland?
- The lowest recorded value was 0.0001 million USD per square kilometre in 1970.
- How does Greenland rank for gross fixed capital formation — value us$, per square kilometre?
- Greenland ranks 191st out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, per square kilometre rising or falling in Greenland?
- Over the last ten years it is up 21.4%. 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$, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value US$ 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$ ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$ 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$ 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.