Greenland — Gross fixed capital formation
millions of LCU · Annual · 1970–2024 · 55 observations
About this series
Gross fixed capital formation is the value of fixed assets acquired less the value of fixed assets disposed of during the period for use in production. It excludes changes in inventories.
For Greenland, the gross fixed capital formation reading stood at 8.93B LCU in 2024. Against 8.25B LCU in 2023, the period change was +8.27%. It was above the selected 10-year average of 6.34B LCU. The corresponding ratio to GDP was 37.4% in 2024.
Get the full series
- Annual data, 1970–2024
- All 3 sources, downloadable
Latest observations
2014–2024
| Period | Value |
|---|---|
| 2024 | 8.93B LCU |
| 2023 | 8.25B LCU |
| 2022 | 8.44B LCU |
| 2021 | 7.68B LCU |
| 2020 | 6.67B LCU |
6 earlier values, back to 2014
| 2019 | 6.25B LCU |
| 2018 | 4.20B LCU |
| 2017 | 4.45B LCU |
| 2016 | 4.46B LCU |
| 2015 | 4.04B LCU |
| 2014 | 3.60B LCU |