GDP (constant LCU), per unit of GDP (Country official) in Greenland
Greenland: GDP (constant LCU), per unit of GDP (Country official) was 4.89 constant LCU per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
4.89 constant LCU per US$ of GDP
Change on year
down 4.4%
World rank
109th
of 212 countries
All-time high
58.77 constant LCU per US$ of GDP
in 1970
All-time low
4.8 constant LCU per US$ of GDP
in 2021
Years of data
54
1970–2023
GDP (constant LCU), per unit of GDP in Greenland, 1970–2023
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gdp (constant lcu), per unit of gdp in Greenland is 4.89 constant LCU per US$ of GDP, measured in 2023.
The figure is down 4.4% on the previous year and down 6.4% over ten years.
Over the whole period, gdp (constant lcu), per unit of gdp in Greenland peaked at 58.77 constant LCU per US$ of GDP in 1970 and was at its lowest, 4.8 constant LCU per US$ of GDP, in 2021.
That places Greenland 109th out of 212 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU), per unit of GDP (Country official) in Greenland, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 58.77 constant LCU per US$ of GDP | — |
| 1971 | 52.22 constant LCU per US$ of GDP | -11.2% |
| 1972 | 46.23 constant LCU per US$ of GDP | -11.5% |
| 1973 | 37.38 constant LCU per US$ of GDP | -19.1% |
| 1974 | 32.59 constant LCU per US$ of GDP | -12.8% |
| 1975 | 26.39 constant LCU per US$ of GDP | -19.0% |
| 1976 | 24.53 constant LCU per US$ of GDP | -7.1% |
| 1977 | 22.77 constant LCU per US$ of GDP | -7.2% |
| 1978 | 19.14 constant LCU per US$ of GDP | -15.9% |
| 1979 | 16.98 constant LCU per US$ of GDP | -11.3% |
| 1980 | 16.31 constant LCU per US$ of GDP | -4.0% |
| 1981 | 17.94 constant LCU per US$ of GDP | +10.0% |
| 1982 | 18.56 constant LCU per US$ of GDP | +3.5% |
| 1983 | 18.57 constant LCU per US$ of GDP | +0.0% |
| 1984 | 19.32 constant LCU per US$ of GDP | +4.0% |
| 1985 | 18.4 constant LCU per US$ of GDP | -4.8% |
| 1986 | 13.49 constant LCU per US$ of GDP | -26.7% |
| 1987 | 10.9 constant LCU per US$ of GDP | -19.2% |
| 1988 | 10.09 constant LCU per US$ of GDP | -7.5% |
| 1989 | 10.4 constant LCU per US$ of GDP | +3.1% |
| 1990 | 8.38 constant LCU per US$ of GDP | -19.4% |
| 1991 | 8.39 constant LCU per US$ of GDP | +0.1% |
| 1992 | 7.79 constant LCU per US$ of GDP | -7.1% |
| 1993 | 8.29 constant LCU per US$ of GDP | +6.3% |
| 1994 | 8.09 constant LCU per US$ of GDP | -2.4% |
| 1995 | 6.98 constant LCU per US$ of GDP | -13.7% |
| 1996 | 7.16 constant LCU per US$ of GDP | +2.5% |
| 1997 | 8.11 constant LCU per US$ of GDP | +13.3% |
| 1998 | 8.15 constant LCU per US$ of GDP | +0.5% |
| 1999 | 8.4 constant LCU per US$ of GDP | +3.0% |
| 2000 | 9.53 constant LCU per US$ of GDP | +13.5% |
| 2001 | 9.49 constant LCU per US$ of GDP | -0.4% |
| 2002 | 8.73 constant LCU per US$ of GDP | -8.0% |
| 2003 | 6.84 constant LCU per US$ of GDP | -21.7% |
| 2004 | 6.25 constant LCU per US$ of GDP | -8.6% |
| 2005 | 6.47 constant LCU per US$ of GDP | +3.4% |
| 2006 | 6.27 constant LCU per US$ of GDP | -3.0% |
| 2007 | 5.74 constant LCU per US$ of GDP | -8.4% |
| 2008 | 5.49 constant LCU per US$ of GDP | -4.4% |
| 2009 | 5.47 constant LCU per US$ of GDP | -0.4% |
| 2010 | 5.62 constant LCU per US$ of GDP | +2.8% |
| 2011 | 5.22 constant LCU per US$ of GDP | -7.2% |
| 2012 | 5.44 constant LCU per US$ of GDP | +4.3% |
| 2013 | 5.22 constant LCU per US$ of GDP | -4.1% |
| 2014 | 5.17 constant LCU per US$ of GDP | -1.0% |
| 2015 | 5.73 constant LCU per US$ of GDP | +10.8% |
| 2016 | 5.53 constant LCU per US$ of GDP | -3.4% |
| 2017 | 5.26 constant LCU per US$ of GDP | -5.0% |
| 2018 | 4.94 constant LCU per US$ of GDP | -6.1% |
| 2019 | 5.17 constant LCU per US$ of GDP | +4.8% |
| 2020 | 5.03 constant LCU per US$ of GDP | -2.7% |
| 2021 | 4.8 constant LCU per US$ of GDP | -4.7% |
| 2022 | 5.11 constant LCU per US$ of GDP | +6.6% |
| 2023 | 4.89 constant LCU per US$ of GDP | -4.4% |
Greenland compared with similar countries
- Greenland's 4.89 constant LCU per US$ of GDP is above the median for high income countries, which is 0.9104 constant LCU per US$ of GDP, 5.4× the median. (82 countries reporting)
- Greenland's 4.89 constant LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.7785 constant LCU per US$ of GDP, 6.3× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.7 constant LCU per US$ of GDP | 16.98 constant LCU per US$ of GDP | 58.77 constant LCU per US$ of GDP | 10 |
| 1980s | 15.4 constant LCU per US$ of GDP | 10.09 constant LCU per US$ of GDP | 19.32 constant LCU per US$ of GDP | 10 |
| 1990s | 7.97 constant LCU per US$ of GDP | 6.98 constant LCU per US$ of GDP | 8.4 constant LCU per US$ of GDP | 10 |
| 2000s | 7.03 constant LCU per US$ of GDP | 5.47 constant LCU per US$ of GDP | 9.53 constant LCU per US$ of GDP | 10 |
| 2010s | 5.33 constant LCU per US$ of GDP | 4.94 constant LCU per US$ of GDP | 5.73 constant LCU per US$ of GDP | 10 |
| 2020s | 4.96 constant LCU per US$ of GDP | 4.8 constant LCU per US$ of GDP | 5.11 constant LCU per US$ of GDP | 4 |
Countries ranked near Greenland
- 106 Guatemala 5.17 constant LCU per US$ of GDP compare
- 107 Faroe Islands 5.09 constant LCU per US$ of GDP compare
- 108 Bolivia 5.09 constant LCU per US$ of GDP compare
- 110 Sao Tome and Principe 4.36 constant LCU per US$ of GDP compare
- 111 Turkmenistan 3.9 constant LCU per US$ of GDP compare
- 112 Saudi Arabia 3.84 constant LCU per US$ of GDP 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 gdp (constant lcu), per unit of gdp in Greenland?
- Gdp (constant lcu), per unit of gdp in Greenland was 4.89 constant LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gdp (constant lcu), per unit of gdp recorded in Greenland?
- The highest recorded value was 58.77 constant LCU per US$ of GDP in 1970.
- What is the lowest gdp (constant lcu), per unit of gdp recorded in Greenland?
- The lowest recorded value was 4.8 constant LCU per US$ of GDP in 2021.
- How does Greenland rank for gdp (constant lcu), per unit of gdp?
- Greenland ranks 109th out of 212 countries with data for 2023.
- Is gdp (constant lcu), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is down 6.4%. The long-run trend across the full record is volatile.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of GDP (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (constant LCU) ÷ GDP (current US$)
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.