Annual growth of exports of goods and services in Greenland
Greenland: Annual growth of exports of goods and services was 3.0% in 2023. ◆ Volatile
Latest (2023)
3.0%
Change on year
down 78.3%
World rank
88th
of 176 countries
All-time high
15.2%
in 2016
All-time low
-9.9%
in 2015
Years of data
20
2004–2023
Annual growth of exports of goods and services in Greenland, 2004–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2023, annual growth of exports of goods and services in Greenland stood at 3.0%.
Compared with earlier readings it is down 78.3% on the previous year and up 27.0% over ten years.
Over the whole period, annual growth of exports of goods and services in Greenland peaked at 15.2% in 2016 and was at its lowest, -9.9%, in 2015.
That places Greenland 88th out of 176 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Greenland, year by year
| Year | % | Change |
|---|---|---|
| 2004 | 10.0% | — |
| 2005 | 5.2% | -47.9% |
| 2006 | -6.2% | -219.8% |
| 2007 | 3.0% | -149.0% |
| 2008 | 7.3% | +140.0% |
| 2009 | -8.3% | -213.1% |
| 2010 | 9.4% | -214.0% |
| 2011 | 4.2% | -55.0% |
| 2012 | -3.9% | -191.8% |
| 2013 | 2.4% | -160.8% |
| 2014 | 11.8% | +398.7% |
| 2015 | -9.9% | -183.9% |
| 2016 | 15.2% | -252.9% |
| 2017 | -3.8% | -124.9% |
| 2018 | 3.6% | -195.2% |
| 2019 | -5.4% | -251.1% |
| 2020 | -4.0% | -26.7% |
| 2021 | -6.0% | +50.6% |
| 2022 | 13.9% | -330.9% |
| 2023 | 3.0% | -78.3% |
Greenland compared with similar countries
- Greenland's 3.0% is above the median for high income countries, which is 2.2%, 1.4× the median. (62 countries reporting)
- Greenland's 3.0% is above the median for Europe & Central Asia, which is 0.8%, 3.7× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.8% | -8.3% | 10.0% | 6 |
| 2010s | 2.4% | -9.9% | 15.2% | 10 |
| 2020s | 1.7% | -6.0% | 13.9% | 4 |
Countries ranked near Greenland
- 85 Portugal 3.1% compare
- 86 Brunei Darussalam 3.1% compare
- 87 American Samoa 3.1% compare
- 89 Belarus 3.0% compare
- 90 Brazil 2.8% compare
- 91 Papua New Guinea 2.7%
More economy & growth data for Greenland
- Final consumption expenditure (current LCU), per capita 299,448 current LCU per person (2023)
- Gross national expenditure (current US$), annual growth rate 4.12 % change on previous year (2023)
- Final consumption expenditure (constant 2015 US$), per capita 40,333 constant 2015 US$ per person (2023)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6895 constant 2015 US$ per US$ of GDP (2023)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.24 % change on previous year (2023)
- Final consumption expenditure (current LCU), annual growth rate 3.24 % change on previous year (2023)
- Final consumption expenditure (current US$), per unit of GDP 0.743 current US$ per US$ of GDP (2023)
- Final consumption expenditure (current US$), per capita 43,463 current US$ per person (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Final consumption expenditure (current LCU), per unit of GDP 5.12 current LCU per US$ of GDP (2023)
Frequently asked questions
- What is annual growth of exports of goods and services in Greenland?
- Annual growth of exports of goods and services in Greenland was 3.0% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in Greenland?
- The highest recorded value was 15.2% in 2016.
- What is the lowest annual growth of exports of goods and services recorded in Greenland?
- The lowest recorded value was -9.9% in 2015.
- How does Greenland rank for annual growth of exports of goods and services?
- Greenland ranks 88th out of 176 countries with data for 2023.
- Is annual growth of exports of goods and services rising or falling in Greenland?
- Over the last ten years it is up 27.0%. The long-run trend across the full record is volatile.
- Where does this Greenland data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).