Statizoid

Azerbaijan vs Greenland: Gross fixed capital formation

Azerbaijan
6.44 billion constant LCU
in 2014
Greenland
6.54 billion constant LCU
in 2023
Azerbaijan rank
142nd
Greenland rank
141st

Gross fixed capital formation over time

  • Azerbaijan
  • Greenland
02.0B4.0B6.0B8.0B10.0B199020062023

How they compare

Greenland currently reports 6.54 billion constant LCU against 6.44 billion constant LCU in Azerbaijan, a difference of 93.13 million constant LCU.

The two have swapped places 4 times across 12 shared years of data; in 2003 it was Azerbaijan ahead.

Globally, Azerbaijan ranks 142nd and Greenland ranks 141st of 167 countries.

Individual pages

About this data

Indicator
Gross fixed capital formation (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 6,948 data points, 1960–2025
Last refreshed

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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.