Exports of goods and services in Greenland
Greenland: Exports of goods and services was 40.8% in 2023. ▲ Rising
Exports of goods and services in Greenland, 2003–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Greenland recorded 40.8% for exports of goods and services in 2023.
That represents a change of up 8.2% over ten years.
Over the whole period, exports of goods and services in Greenland peaked at 44.5% in 2018 and was at its lowest, 30.7%, in 2009.
That places Greenland 84th out of 193 countries with data for 2023, putting it in the middle of the range.
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 | % of GDP | Change |
|---|---|---|
| 2003 | 37.8% | — |
| 2004 | 39.3% | +3.9% |
| 2005 | 41.1% | +4.5% |
| 2006 | 37.8% | -7.9% |
| 2007 | 36.2% | -4.2% |
| 2008 | 37.0% | +2.1% |
| 2009 | 30.7% | -16.9% |
| 2010 | 34.1% | +10.8% |
| 2011 | 38.0% | +11.6% |
| 2012 | 37.5% | -1.3% |
| 2013 | 37.7% | +0.5% |
| 2014 | 38.5% | +2.0% |
| 2015 | 37.6% | -2.3% |
| 2016 | 40.8% | +8.5% |
| 2017 | 40.7% | -0.2% |
| 2018 | 44.5% | +9.2% |
| 2019 | 41.0% | -7.7% |
| 2020 | 36.0% | -12.4% |
| 2021 | 34.1% | -5.3% |
| 2022 | 40.8% | +19.8% |
| 2023 | 40.8% | +0.0% |
Greenland compared with similar countries
- Greenland's 40.8% is below the median for high income countries, which is 52.0%, 78% of the median. (72 countries reporting)
- Greenland's 40.8% is below the median for Europe & Central Asia, which is 46.4%, 88% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 37.1% | 30.7% | 41.1% | 7 |
| 2010s | 39.0% | 34.1% | 44.5% | 10 |
| 2020s | 37.9% | 34.1% | 40.8% | 4 |
Countries ranked near Greenland
- 81 Guinea 41.4% compare
- 82 Mozambique 41.4% compare
- 83 Bosnia and Herzegovina 41.0% compare
- 85 Solomon Islands 40.6% compare
- 86 Germany 40.4% compare
- 87 Iceland 40.1% 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 40.8% in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest exports of goods and services recorded in Greenland?
- The highest recorded value was 44.5% in 2018.
- What is the lowest exports of goods and services recorded in Greenland?
- The lowest recorded value was 30.7% in 2009.
- How does Greenland rank for exports of goods and services?
- Greenland ranks 84th 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 8.2%. 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 Offices (NSOs), published as part of Exports of goods and services (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.