Greenland vs Venezuela, Bolivarian Republic of: Gross domestic income
Gross domestic income over time
- Greenland
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 20.01 billion constant LCU against 18.82 billion constant LCU in Greenland, a difference of 1.19 billion constant LCU.
That makes Venezuela, Bolivarian Republic of's figure about 1.1 times Greenland's.
The two have swapped places 2 times across 12 shared years of data; in 2012 it was Venezuela, Bolivarian Republic of ahead.
Greenland ranks 156th and Venezuela, Bolivarian Republic of ranks 154th of 179 countries.
Across the 2 decades both report, Greenland averaged higher in 1 and Venezuela, Bolivarian Republic of in 1.
Head to head by decade
| Decade | Greenland | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 16.07 billion constant LCU | 61.62 billion constant LCU | 45.54 billion constant LCU | Venezuela, Bolivarian Republic of |
| 2020s | 18.16 billion constant LCU | 17.20 billion constant LCU | 954.70 million constant LCU | Greenland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic income, Greenland or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 20.01 billion constant LCU against 18.82 billion constant LCU in Greenland as of 2025.
- What is the difference in gross domestic income between Greenland and Venezuela, Bolivarian Republic of?
- 1.19 billion constant LCU, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Greenland and Venezuela, Bolivarian Republic of?
- 12 years are reported by both, from 2012 to 2023.
- How do Greenland and Venezuela, Bolivarian Republic of rank globally for gross domestic income?
- Greenland ranks 156th and Venezuela, Bolivarian Republic of ranks 154th of 179 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic income (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. 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.