Exports of goods and services in Greenland
Greenland: Exports of goods and services was 3.0% in 2023. ◆ Volatile
Exports of goods and services in Greenland, 2004–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
In 2023, 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 27.2% over ten years.
Over the whole period, exports of goods and services in Greenland peaked at 15.2% in 2016 and was at its lowest, -9.9%, in 2015.
Greenland ranks 103rd of 178 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.
Exports of goods and services in Greenland, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2004 | 10.0% | — |
| 2005 | 5.2% | -47.9% |
| 2006 | -6.2% | -219.7% |
| 2007 | 3.1% | -149.0% |
| 2008 | 7.3% | +139.8% |
| 2009 | -8.3% | -213.1% |
| 2010 | 9.4% | -214.0% |
| 2011 | 4.3% | -54.9% |
| 2012 | -3.9% | -191.8% |
| 2013 | 2.4% | -160.6% |
| 2014 | 11.8% | +400.0% |
| 2015 | -9.9% | -183.9% |
| 2016 | 15.2% | -253.0% |
| 2017 | -3.8% | -124.9% |
| 2018 | 3.6% | -195.2% |
| 2019 | -5.4% | -251.0% |
| 2020 | -4.0% | -26.7% |
| 2021 | -6.0% | +50.7% |
| 2022 | 13.9% | -331.1% |
| 2023 | 3.0% | -78.3% |
Greenland compared with similar countries
- Greenland's 3.0% is below the median for high income countries, which is 3.2%, 93% of the median. (63 countries reporting)
- Greenland's 3.0% is above the median for Europe & Central Asia, which is 2.4%, 1.3× the median. (51 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
- 100 Malaysia 3.1% compare
- 101 American Samoa 3.1% compare
- 102 Denmark 3.0% compare
- 104 Malawi 3.0% compare
- 105 Papua New Guinea 2.7%
- 106 Bosnia and Herzegovina 2.5% compare
More economy & growth data for Greenland
- General government final consumption expenditure (current LCU), per 2.87 current LCU per US$ of GDP (2023)
- General government final consumption expenditure (current LCU) 3.81 % change on previous year (2023)
- Gross national expenditure (current LCU), annual growth rate 1.37 % change on previous year (2023)
- Gross national expenditure (current US$), per capita 64,520 current US$ per person (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Final consumption expenditure (constant 2015 US$), per capita 40,333 constant 2015 US$ per person (2023)
- General government final consumption expenditure (current LCU), per 168,109 current LCU per person (2023)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6895 constant 2015 US$ per US$ of GDP (2023)
- Gross national expenditure (current LCU), per unit of GDP 7.6 current LCU per US$ of GDP (2023)
- Gross national expenditure (current US$), annual growth rate 4.12 % change on previous year (2023)
Frequently asked questions
- What is exports of goods and services in Greenland?
- Exports of goods and services in Greenland was 3.0% in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest exports of goods and services recorded in Greenland?
- The highest recorded value was 15.2% in 2016.
- What is the lowest exports of goods and services recorded in Greenland?
- The lowest recorded value was -9.9% in 2015.
- How does Greenland rank for exports of goods and services?
- Greenland ranks 103rd out of 178 countries with data for 2023.
- Is exports of goods and services 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Exports of goods and services (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.