Changes in inventories in Greenland
Greenland: Changes in inventories was 300.00 million current LCU in 2023. ◆ Volatile
Changes in inventories in Greenland, 2005–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for changes in inventories in Greenland is 300.00 million current LCU, measured in 2023.
That represents a change of down 0.3% on the previous year and up 18,850.0% over ten years.
Over the whole period, changes in inventories in Greenland peaked at 301.00 million current LCU in 2022 and was at its lowest, -141.00 million current LCU, in 2016.
Greenland ranks 102nd of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories in Greenland, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 20.40 million current LCU | — |
| 2006 | -22.80 million current LCU | -211.8% |
| 2007 | -106.60 million current LCU | +367.5% |
| 2008 | -38.10 million current LCU | -64.3% |
| 2009 | 81.50 million current LCU | -313.9% |
| 2010 | 24.30 million current LCU | -70.2% |
| 2011 | -123.80 million current LCU | -609.5% |
| 2012 | -103.20 million current LCU | -16.6% |
| 2013 | -1.60 million current LCU | -98.4% |
| 2014 | -127.10 million current LCU | +7843.8% |
| 2015 | 1.00 million current LCU | -100.8% |
| 2016 | -141.00 million current LCU | -14200.0% |
| 2017 | 90.70 million current LCU | -164.3% |
| 2018 | 65.40 million current LCU | -27.9% |
| 2019 | 97.20 million current LCU | +48.6% |
| 2020 | -13.80 million current LCU | -114.2% |
| 2021 | 50.00 million current LCU | -462.3% |
| 2022 | 301.00 million current LCU | +502.0% |
| 2023 | 300.00 million current LCU | -0.3% |
Greenland compared with similar countries
- Greenland's 300.00 million current LCU is above the median for high income countries, which is 300.00 million current LCU, 1.0× the median. (69 countries reporting)
- Greenland's 300.00 million current LCU is below the median for Europe & Central Asia, which is 3.35 billion current LCU, 9% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories in Greenland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | -14200.0% | 1.00 million current LCU | -141.00 million current LCU |
| 2014 | -7843.8% | -1.60 million current LCU | -127.10 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -13.12 million current LCU | -106.60 million current LCU | 81.50 million current LCU | 5 |
| 2010s | -21.81 million current LCU | -141.00 million current LCU | 97.20 million current LCU | 10 |
| 2020s | 159.30 million current LCU | -13.80 million current LCU | 301.00 million current LCU | 4 |
Countries ranked near Greenland
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 changes in inventories in Greenland?
- Changes in inventories in Greenland was 300.00 million current LCU in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest changes in inventories recorded in Greenland?
- The highest recorded value was 301.00 million current LCU in 2022.
- What is the lowest changes in inventories recorded in Greenland?
- The lowest recorded value was -141.00 million current LCU in 2016.
- How does Greenland rank for changes in inventories?
- Greenland ranks 102nd out of 186 countries with data for 2023.
- Is changes in inventories rising or falling in Greenland?
- Over the last ten years it is up 18,850.0%. The long-run trend across the full record is volatile.
- Where does this Greenland data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Changes in inventories (current LCU). Statizoid updates them automatically from the source API.
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About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.