Adjusted savings: consumption of fixed capital in Greenland
Greenland: Adjusted savings: consumption of fixed capital was 381.37 million current US$ in 2020. ◆ Volatile
Adjusted savings: consumption of fixed capital in Greenland, 1970–2020
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Greenland recorded 381.37 million current US$ for adjusted savings: consumption of fixed capital in 2020. That is the highest value across all 51 years on record.
That represents a change of up 9.1% on the previous year and up 27.2% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in Greenland peaked at 381.37 million current US$ in 2020 and was at its lowest, 5.23 million current US$, in 1970.
That places Greenland 170th out of 206 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.93 million current US$ | 5.23 million current US$ | 35.17 million current US$ | 10 |
| 1980s | 56.77 million current US$ | 35.18 million current US$ | 95.49 million current US$ | 10 |
| 1990s | 115.65 million current US$ | 94.17 million current US$ | 135.29 million current US$ | 10 |
| 2000s | 200.08 million current US$ | 120.08 million current US$ | 287.73 million current US$ | 10 |
| 2010s | 322.12 million current US$ | 290.64 million current US$ | 366.89 million current US$ | 10 |
| 2020s | 381.37 million current US$ | 381.37 million current US$ | 381.37 million current US$ | 1 |
Countries ranked near Greenland
More economy & growth data for Greenland
- Services, value added 2.2% (2023)
- Industry (including construction), value added -1.3% (2023)
- Industry (including construction), value added 3.80 billion constant LCU (2023)
- Industry (including construction), value added 18.4% (2023)
- Services, value added 2.03 billion current US$ (2023)
- Services, value added 13.98 billion current LCU (2023)
- Services, value added 1.75 billion constant 2015 US$ (2023)
- Discrepancy in expenditure estimate of GDP 0 current LCU (2023)
- GDP deflator 140.95 base year varies by country (2023)
- Inflation, GDP deflator 1.9% (2023)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in Greenland?
- Adjusted savings: consumption of fixed capital in Greenland was 381.37 million current US$ in 2020, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: consumption of fixed capital recorded in Greenland?
- The highest recorded value was 381.37 million current US$ in 2020.
- What is the lowest adjusted savings: consumption of fixed capital recorded in Greenland?
- The lowest recorded value was 5.23 million current US$ in 1970.
- How does Greenland rank for adjusted savings: consumption of fixed capital?
- Greenland ranks 170th out of 206 countries with data for 2020.
- Is adjusted savings: consumption of fixed capital rising or falling in Greenland?
- Over the last ten years it is up 27.2%. The long-run trend across the full record is volatile.
- Where does this Greenland data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.