Gross capital formation (% of GDP) in Greenland in 2023 — 36%. Ranked 11 in the world out of 174. Since 2003, the indicator has risen by 16.6 pp.
2003–2023 · % of GDP
How the value compares with the world and the groups this territory belongs to: Greenland
| Year | % | Change, pp |
|---|---|---|
| 2023 | 36 | −1.8 pp |
| 2022 | 37.8 | +0.7 pp |
| 2021 | 37.1 | +4.1 pp |
| 2020 | 33 | +1.7 pp |
| 2019 | 31.3 | +9.5 pp |
| 2018 | 21.7 | −1.9 pp |
| 2017 | 23.6 | −0.9 pp |
| 2016 | 24.5 | +0.5 pp |
| 2015 | 24 | +1.4 pp |
| 2014 | 22.6 | −7.5 pp |
| 2013 | 30.1 | −7.6 pp |
| 2012 | 37.7 | −26.3 pp |
| 2011 | 64 | +11.7 pp |
| 2010 | 52.4 | +20.1 pp |
| 2009 | 32.2 | −8.1 pp |
| 2008 | 40.3 | +9.8 pp |
| 2007 | 30.5 | +7.4 pp |
| 2006 | 23.1 | −1 pp |
| 2005 | 24.2 | +7.8 pp |
| 2004 | 16.3 | −3 pp |
| 2003 | 19.4 | — |
The same indicator for neighboring countries — with links to their pages
Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.
Source: World Development Indicators (World Bank), license CC BY 4.0.
