Exports of goods and services in Greenland
Greenland: Exports of goods and services was 5.69 billion constant LCU in 2023. ▲ Rising
Exports of goods and services in Greenland, 2003–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2023, exports of goods and services in Greenland stood at 5.69 billion constant LCU.
Compared with earlier readings it is up 3.0% on the previous year and up 15.8% over ten years.
Over the whole period, exports of goods and services in Greenland peaked at 5.70 billion constant LCU in 2016 and was at its lowest, 3.98 billion constant LCU, in 2003.
Greenland ranks 155th of 179 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Exports of goods and services in Greenland, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2003 | 3.98 billion constant LCU | — |
| 2004 | 4.38 billion constant LCU | +10.0% |
| 2005 | 4.61 billion constant LCU | +5.2% |
| 2006 | 4.32 billion constant LCU | -6.2% |
| 2007 | 4.45 billion constant LCU | +3.1% |
| 2008 | 4.78 billion constant LCU | +7.3% |
| 2009 | 4.38 billion constant LCU | -8.3% |
| 2010 | 4.79 billion constant LCU | +9.4% |
| 2011 | 5.00 billion constant LCU | +4.3% |
| 2012 | 4.80 billion constant LCU | -3.9% |
| 2013 | 4.92 billion constant LCU | +2.4% |
| 2014 | 5.50 billion constant LCU | +11.8% |
| 2015 | 4.95 billion constant LCU | -9.9% |
| 2016 | 5.70 billion constant LCU | +15.2% |
| 2017 | 5.49 billion constant LCU | -3.8% |
| 2018 | 5.69 billion constant LCU | +3.6% |
| 2019 | 5.38 billion constant LCU | -5.4% |
| 2020 | 5.16 billion constant LCU | -4.0% |
| 2021 | 4.85 billion constant LCU | -6.0% |
| 2022 | 5.53 billion constant LCU | +13.9% |
| 2023 | 5.69 billion constant LCU | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.41 billion constant LCU | 3.98 billion constant LCU | 4.78 billion constant LCU | 7 |
| 2010s | 5.22 billion constant LCU | 4.79 billion constant LCU | 5.70 billion constant LCU | 10 |
| 2020s | 5.31 billion constant LCU | 4.85 billion constant LCU | 5.69 billion constant LCU | 4 |
Countries ranked near Greenland
- 152 Cuba 6.88 billion constant LCU compare
- 153 Papua New Guinea 6.69 billion constant LCU
- 154 Eritrea 5.76 billion constant LCU compare
- 156 Tajikistan 5.42 billion constant LCU compare
- 157 Bahamas 4.94 billion constant LCU compare
- 158 Solomon Islands 4.15 billion constant LCU compare
More economy & growth data for Greenland
- Gross fixed capital formation (current US$), annual growth rate 0.3077 % change on previous year (2023)
- Imports of goods and services (current US$), per unit of GDP 0.5109 current US$ per US$ of GDP (2023)
- Gross fixed capital formation (constant 2015 US$), per unit of GDP 0.3149 constant 2015 US$ per US$ of GDP (2023)
- Gross fixed capital formation (constant 2015 US$), annual growth rate -3.77 % change on previous year (2023)
- Gross fixed capital formation (current LCU), per capita 139,801 current LCU per person (2023)
- Gross fixed capital formation (current LCU), per unit of GDP 2.39 current LCU per US$ of GDP (2023)
- Gross fixed capital formation (current US$), per capita 20,291 current US$ per person (2023)
- Gross fixed capital formation (current US$), per unit of GDP 0.3469 current US$ per US$ of GDP (2023)
- Exports of goods and services (current LCU), per unit of GDP 2.81 current LCU per US$ of GDP (2023)
- Exports of goods and services (current LCU), per capita 164,435 current LCU per person (2023)
Frequently asked questions
- What is exports of goods and services in Greenland?
- Exports of goods and services in Greenland was 5.69 billion constant LCU 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 5.70 billion constant LCU in 2016.
- What is the lowest exports of goods and services recorded in Greenland?
- The lowest recorded value was 3.98 billion constant LCU in 2003.
- How does Greenland rank for exports of goods and services?
- Greenland ranks 155th out of 179 countries with data for 2023.
- Is exports of goods and services rising or falling in Greenland?
- Over the last ten years it is up 15.8%. The long-run trend across the full record is rising.
- 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 (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 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.