Greenland - Gross fixed capital formation (current US$)
The latest value for Gross fixed capital formation (current US$) in Greenland was $937,505,600 as of 2019. Over the past 16 years, the value for this indicator has fluctuated between $1,718,293,000 in 2011 and $297,374,400 in 2004.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2003 | $301,713,800 |
| 2004 | $297,374,400 |
| 2005 | $446,880,900 |
| 2006 | $465,813,500 |
| 2007 | $686,151,000 |
| 2008 | $1,007,101,000 |
| 2009 | $814,956,400 |
| 2010 | $1,310,485,000 |
| 2011 | $1,718,293,000 |
| 2012 | $983,116,100 |
| 2013 | $808,040,900 |
| 2014 | $642,245,000 |
| 2015 | $600,529,200 |
| 2016 | $663,160,900 |
| 2017 | $673,416,300 |
| 2018 | $660,421,900 |
| 2019 | $937,505,600 |
Aggregation method: Gap-filled total
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
