🇬🇱 Greenland Gross fixed capital formation
Greenland Gross fixed capital formation was $7.95B in 2023, down 2.3% from 2022, according to World Bank data. The 10-year average is $5.74B. Historical data available from 2003 to 2023 (21 data points). The all-time high was $9.34B in 2011.
Source: World Bank World Development Indicators • 2003–2023 • 21 data points • Economy & Growth
Latest Value
$7.95B
2023
Year-on-Year
-2.3%
vs 2022
10-Year Average
$5.74B
2014–2023
Range
High: $9.34B (2011)
Low: $1.78B (2004)
Greenland Gross fixed capital formation (current LCU) — 2003 to 2023
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About this Indicator
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Historical Data Table
| Year | Value |
|---|---|
| 2023 | $7.95B |
| 2022 | $8.14B |
| 2021 | $7.63B |
| 2020 | $6.69B |
| 2019 | $6.15B |
| 2018 | $4.13B |
| 2017 | $4.36B |
| 2016 | $4.61B |
| 2015 | $4.04B |
| 2014 | $3.73B |
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<iframe src="https://nationstat.com/country/greenland/gross-fixed-capital-formation-current-lcu" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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Related Indicators
Adjusted savings: consumption of fixed capital (current US$)
381.4M
2020
Adjusted savings: carbon dioxide damage (current US$)
21.0M
2021
Adjusted savings: consumption of fixed capital (% of GNI)
12.2
2007
Adjusted savings: carbon dioxide damage (% of GNI)
0.8
2007
Adjusted savings: mineral depletion (% of GNI)
0.5
2007