Exports of goods and services (current LCU) in Greenland
Greenland: Exports of goods and services (current LCU) was 9.35 billion current 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 current LCU.
Analysis
The most recent figure for exports of goods and services in Greenland is 9.35 billion current LCU, measured in 2023. That is the highest value across all 21 years on record.
That represents a change of up 2.8% on the previous year and up 64.5% over ten years.
Over the whole period, exports of goods and services in Greenland peaked at 9.35 billion current LCU in 2023 and was at its lowest, 3.88 billion current LCU, in 2003.
Greenland ranks 163rd of 193 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 (current LCU) in Greenland, year by year
| Year | current LCU | Change |
|---|---|---|
| 2003 | 3.88 billion current LCU | — |
| 2004 | 4.29 billion current LCU | +10.5% |
| 2005 | 4.55 billion current LCU | +6.2% |
| 2006 | 4.53 billion current LCU | -0.6% |
| 2007 | 4.43 billion current LCU | -2.0% |
| 2008 | 4.71 billion current LCU | +6.3% |
| 2009 | 4.17 billion current LCU | -11.5% |
| 2010 | 4.79 billion current LCU | +15.0% |
| 2011 | 5.48 billion current LCU | +14.2% |
| 2012 | 5.67 billion current LCU | +3.5% |
| 2013 | 5.69 billion current LCU | +0.3% |
| 2014 | 6.14 billion current LCU | +7.9% |
| 2015 | 6.32 billion current LCU | +3.0% |
| 2016 | 7.43 billion current LCU | +17.6% |
| 2017 | 7.66 billion current LCU | +3.1% |
| 2018 | 8.58 billion current LCU | +12.0% |
| 2019 | 8.20 billion current LCU | -4.4% |
| 2020 | 7.27 billion current LCU | -11.4% |
| 2021 | 7.05 billion current LCU | -3.0% |
| 2022 | 9.10 billion current LCU | +29.0% |
| 2023 | 9.35 billion current LCU | +2.8% |
Greenland compared with similar countries
- Greenland's 9.35 billion current LCU is below the median for high income countries, which is 136.72 billion current LCU, 7% of the median. (72 countries reporting)
- Greenland's 9.35 billion current LCU is below the median for Europe & Central Asia, which is 507.15 billion current LCU, 2% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.37 billion current LCU | 3.88 billion current LCU | 4.71 billion current LCU | 7 |
| 2010s | 6.60 billion current LCU | 4.79 billion current LCU | 8.58 billion current LCU | 10 |
| 2020s | 8.19 billion current LCU | 7.05 billion current LCU | 9.35 billion current LCU | 4 |
Countries ranked near Greenland
- 160 Faroe Islands 15.24 billion current LCU compare
- 161 Brunei 14.07 billion current LCU compare
- 162 El Salvador 11.76 billion current LCU compare
- 164 Papua New Guinea 9.13 billion current LCU
- 165 Fiji 7.37 billion current LCU compare
- 166 Jordan 6.58 billion current LCU compare
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 exports of goods and services in Greenland?
- Exports of goods and services in Greenland was 9.35 billion current 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 9.35 billion current LCU in 2023.
- What is the lowest exports of goods and services recorded in Greenland?
- The lowest recorded value was 3.88 billion current LCU in 2003.
- How does Greenland rank for exports of goods and services?
- Greenland ranks 163rd out of 193 countries with data for 2023.
- Is exports of goods and services rising or falling in Greenland?
- Over the last ten years it is up 64.5%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.