Gross Fixed Capital Formation — Value US$, per unit of GDP in Greenland
Greenland: Gross Fixed Capital Formation — Value US$, per unit of GDP was 0 million USD per US$ of GDP in 2023. ▼ Falling
Gross Fixed Capital Formation — Value US$, per unit of GDP in Greenland, 1970–2023
Source: Statizoid (derived). Measured in million USD per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation — value us$, per unit of gdp in Greenland is 0 million USD per US$ of GDP, measured in 2023.
Compared with earlier readings it is down 0.4% on the previous year and down 2.0% over ten years.
Over the whole period, gross fixed capital formation — value us$, per unit of gdp in Greenland peaked at 0 million USD per US$ of GDP in 2011 and was at its lowest, 0 million USD per US$ of GDP, in 2004.
That places Greenland 33rd out of 193 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 54 years of available data.
Gross Fixed Capital Formation — Value US$, per unit of GDP in Greenland, year by year
| Year | million USD per US$ of GDP | Change |
|---|---|---|
| 1970 | 0 million USD per US$ of GDP | — |
| 1971 | 0 million USD per US$ of GDP | +15.1% |
| 1972 | 0 million USD per US$ of GDP | -11.3% |
| 1973 | 0 million USD per US$ of GDP | +10.2% |
| 1974 | 0 million USD per US$ of GDP | -30.8% |
| 1975 | 0 million USD per US$ of GDP | +14.3% |
| 1976 | 0 million USD per US$ of GDP | -12.9% |
| 1977 | 0 million USD per US$ of GDP | +10.9% |
| 1978 | 0 million USD per US$ of GDP | -16.8% |
| 1979 | 0 million USD per US$ of GDP | +8.9% |
| 1980 | 0 million USD per US$ of GDP | -25.2% |
| 1981 | 0 million USD per US$ of GDP | -1.0% |
| 1982 | 0 million USD per US$ of GDP | +4.7% |
| 1983 | 0 million USD per US$ of GDP | -25.0% |
| 1984 | 0 million USD per US$ of GDP | +10.2% |
| 1985 | 0 million USD per US$ of GDP | -10.4% |
| 1986 | 0 million USD per US$ of GDP | -11.3% |
| 1987 | 0 million USD per US$ of GDP | +12.3% |
| 1988 | 0 million USD per US$ of GDP | +0.6% |
| 1989 | 0 million USD per US$ of GDP | -9.7% |
| 1990 | 0 million USD per US$ of GDP | +0.9% |
| 1991 | 0 million USD per US$ of GDP | +5.6% |
| 1992 | 0 million USD per US$ of GDP | -9.6% |
| 1993 | 0 million USD per US$ of GDP | -6.6% |
| 1994 | 0 million USD per US$ of GDP | -5.4% |
| 1995 | 0 million USD per US$ of GDP | +2.1% |
| 1996 | 0 million USD per US$ of GDP | +16.0% |
| 1997 | 0 million USD per US$ of GDP | +14.7% |
| 1998 | 0 million USD per US$ of GDP | +19.1% |
| 1999 | 0 million USD per US$ of GDP | -8.9% |
| 2000 | 0 million USD per US$ of GDP | +5.9% |
| 2001 | 0 million USD per US$ of GDP | -8.2% |
| 2002 | 0 million USD per US$ of GDP | -13.4% |
| 2003 | 0 million USD per US$ of GDP | -10.8% |
| 2004 | 0 million USD per US$ of GDP | -15.7% |
| 2005 | 0 million USD per US$ of GDP | +46.8% |
| 2006 | 0 million USD per US$ of GDP | -2.7% |
| 2007 | 0 million USD per US$ of GDP | +34.5% |
| 2008 | 0 million USD per US$ of GDP | +29.4% |
| 2009 | 0 million USD per US$ of GDP | -22.1% |
| 2010 | 0 million USD per US$ of GDP | +65.1% |
| 2011 | 0 million USD per US$ of GDP | +24.3% |
| 2012 | 0 million USD per US$ of GDP | -40.8% |
| 2013 | 0 million USD per US$ of GDP | -21.5% |
| 2014 | 0 million USD per US$ of GDP | -22.3% |
| 2015 | 0 million USD per US$ of GDP | +2.7% |
| 2016 | 0 million USD per US$ of GDP | +5.2% |
| 2017 | 0 million USD per US$ of GDP | -8.5% |
| 2018 | 0 million USD per US$ of GDP | -7.5% |
| 2019 | 0 million USD per US$ of GDP | +43.8% |
| 2020 | 0 million USD per US$ of GDP | +2.5% |
| 2021 | 0 million USD per US$ of GDP | +3.6% |
| 2022 | 0 million USD per US$ of GDP | -9.4% |
| 2023 | 0 million USD per US$ of GDP | -0.4% |
Greenland compared with similar countries
- Greenland's 0 million USD per US$ of GDP is above the median for high income countries, which is 0 million USD per US$ of GDP, 1.3× the median. (72 countries reporting)
- Greenland's 0 million USD per US$ of GDP is above the median for Europe & Central Asia, which is 0 million USD per US$ of GDP, 1.3× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 1980s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 1990s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 2000s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 2010s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 2020s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 4 |
Countries ranked near Greenland
- 30 Kyrgyzstan 0 million USD per US$ of GDP compare
- 31 Djibouti 0 million USD per US$ of GDP compare
- 32 Bangladesh 0 million USD per US$ of GDP compare
- 34 Indonesia 0 million USD per US$ of GDP compare
- 35 Dominican Republic 0 million USD per US$ of GDP compare
- 36 Botswana 0 million USD per US$ of GDP 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$, per unit of gdp in Greenland?
- Gross fixed capital formation — value us$, per unit of gdp in Greenland was 0 million USD per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per unit of gdp recorded in Greenland?
- The highest recorded value was 0 million USD per US$ of GDP in 2011.
- What is the lowest gross fixed capital formation — value us$, per unit of gdp recorded in Greenland?
- The lowest recorded value was 0 million USD per US$ of GDP in 2004.
- How does Greenland rank for gross fixed capital formation — value us$, per unit of gdp?
- Greenland ranks 33rd out of 193 countries with data for 2023.
- Is gross fixed capital formation — value us$, per unit of gdp rising or falling in Greenland?
- Over the last ten years it is down 2.0%. The long-run trend across the full record is falling.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Fixed Capital Formation — Value US$ divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$ ÷ GDP (current US$)
Computed from
- Gross Fixed Capital Formation — Value US$ Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.