GDP (current LCU), per unit of GDP (Country official) in Greenland
Greenland: GDP (current LCU), per unit of GDP (Country official) was 6.89 current LCU per US$ of GDP in 2023. ▼ Falling
Latest (2023)
6.89 current LCU per US$ of GDP
Change on year
down 2.6%
World rank
116th
of 212 countries
All-time high
10.6 current LCU per US$ of GDP
in 1985
All-time low
5.1 current LCU per US$ of GDP
in 2008
Years of data
54
1970–2023
GDP (current LCU), per unit of GDP in Greenland, 1970–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gdp (current lcu), per unit of gdp in Greenland is 6.89 current LCU per US$ of GDP, measured in 2023.
The figure is down 2.6% on the previous year and up 22.7% over ten years.
Over the whole period, gdp (current lcu), per unit of gdp in Greenland peaked at 10.6 current LCU per US$ of GDP in 1985 and was at its lowest, 5.1 current LCU per US$ of GDP, in 2008.
Greenland ranks 116th of 212 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
GDP (current LCU), per unit of GDP (Country official) in Greenland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 7.5 current LCU per US$ of GDP | — |
| 1971 | 7.43 current LCU per US$ of GDP | -1.0% |
| 1972 | 6.95 current LCU per US$ of GDP | -6.4% |
| 1973 | 6.05 current LCU per US$ of GDP | -12.9% |
| 1974 | 6.09 current LCU per US$ of GDP | +0.8% |
| 1975 | 5.75 current LCU per US$ of GDP | -5.7% |
| 1976 | 6.05 current LCU per US$ of GDP | +5.2% |
| 1977 | 6 current LCU per US$ of GDP | -0.7% |
| 1978 | 5.51 current LCU per US$ of GDP | -8.1% |
| 1979 | 5.26 current LCU per US$ of GDP | -4.6% |
| 1980 | 5.64 current LCU per US$ of GDP | +7.1% |
| 1981 | 7.12 current LCU per US$ of GDP | +26.4% |
| 1982 | 8.33 current LCU per US$ of GDP | +17.0% |
| 1983 | 9.14 current LCU per US$ of GDP | +9.8% |
| 1984 | 10.36 current LCU per US$ of GDP | +13.2% |
| 1985 | 10.6 current LCU per US$ of GDP | +2.3% |
| 1986 | 8.09 current LCU per US$ of GDP | -23.6% |
| 1987 | 6.84 current LCU per US$ of GDP | -15.5% |
| 1988 | 6.73 current LCU per US$ of GDP | -1.6% |
| 1989 | 7.31 current LCU per US$ of GDP | +8.6% |
| 1990 | 6.19 current LCU per US$ of GDP | -15.3% |
| 1991 | 6.4 current LCU per US$ of GDP | +3.4% |
| 1992 | 6.04 current LCU per US$ of GDP | -5.6% |
| 1993 | 6.48 current LCU per US$ of GDP | +7.4% |
| 1994 | 6.36 current LCU per US$ of GDP | -1.9% |
| 1995 | 5.6 current LCU per US$ of GDP | -11.9% |
| 1996 | 5.8 current LCU per US$ of GDP | +3.5% |
| 1997 | 6.6 current LCU per US$ of GDP | +13.9% |
| 1998 | 6.7 current LCU per US$ of GDP | +1.5% |
| 1999 | 6.98 current LCU per US$ of GDP | +4.1% |
| 2000 | 8.08 current LCU per US$ of GDP | +15.9% |
| 2001 | 8.32 current LCU per US$ of GDP | +3.0% |
| 2002 | 7.89 current LCU per US$ of GDP | -5.1% |
| 2003 | 6.59 current LCU per US$ of GDP | -16.6% |
| 2004 | 5.99 current LCU per US$ of GDP | -9.1% |
| 2005 | 6 current LCU per US$ of GDP | +0.1% |
| 2006 | 5.95 current LCU per US$ of GDP | -0.8% |
| 2007 | 5.44 current LCU per US$ of GDP | -8.5% |
| 2008 | 5.1 current LCU per US$ of GDP | -6.3% |
| 2009 | 5.36 current LCU per US$ of GDP | +5.2% |
| 2010 | 5.62 current LCU per US$ of GDP | +4.9% |
| 2011 | 5.37 current LCU per US$ of GDP | -4.5% |
| 2012 | 5.79 current LCU per US$ of GDP | +7.9% |
| 2013 | 5.62 current LCU per US$ of GDP | -3.0% |
| 2014 | 5.61 current LCU per US$ of GDP | -0.1% |
| 2015 | 6.73 current LCU per US$ of GDP | +19.9% |
| 2016 | 6.73 current LCU per US$ of GDP | +0.1% |
| 2017 | 6.6 current LCU per US$ of GDP | -1.9% |
| 2018 | 6.31 current LCU per US$ of GDP | -4.4% |
| 2019 | 6.67 current LCU per US$ of GDP | +5.6% |
| 2020 | 6.54 current LCU per US$ of GDP | -1.9% |
| 2021 | 6.29 current LCU per US$ of GDP | -3.9% |
| 2022 | 7.08 current LCU per US$ of GDP | +12.6% |
| 2023 | 6.89 current LCU per US$ of GDP | -2.6% |
Greenland compared with similar countries
- Greenland's 6.89 current LCU per US$ of GDP is above the median for high income countries, which is 1 current LCU per US$ of GDP, 6.9× the median. (82 countries reporting)
- Greenland's 6.89 current LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.9244 current LCU per US$ of GDP, 7.5× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.26 current LCU per US$ of GDP | 5.26 current LCU per US$ of GDP | 7.5 current LCU per US$ of GDP | 10 |
| 1980s | 8.02 current LCU per US$ of GDP | 5.64 current LCU per US$ of GDP | 10.6 current LCU per US$ of GDP | 10 |
| 1990s | 6.31 current LCU per US$ of GDP | 5.6 current LCU per US$ of GDP | 6.98 current LCU per US$ of GDP | 10 |
| 2000s | 6.47 current LCU per US$ of GDP | 5.1 current LCU per US$ of GDP | 8.32 current LCU per US$ of GDP | 10 |
| 2010s | 6.11 current LCU per US$ of GDP | 5.37 current LCU per US$ of GDP | 6.73 current LCU per US$ of GDP | 10 |
| 2020s | 6.7 current LCU per US$ of GDP | 6.29 current LCU per US$ of GDP | 7.08 current LCU per US$ of GDP | 4 |
Countries ranked near Greenland
- 113 China 7.19 current LCU per US$ of GDP compare
- 114 Bolivia 6.91 current LCU per US$ of GDP compare
- 115 Faroe Islands 6.89 current LCU per US$ of GDP compare
- 117 Trinidad and Tobago 6.75 current LCU per US$ of GDP compare
- 118 Denmark 6.62 current LCU per US$ of GDP compare
- 119 Brazil 5.59 current 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 (current lcu), per unit of gdp in Greenland?
- Gdp (current lcu), per unit of gdp in Greenland was 6.89 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gdp (current lcu), per unit of gdp recorded in Greenland?
- The highest recorded value was 10.6 current LCU per US$ of GDP in 1985.
- What is the lowest gdp (current lcu), per unit of gdp recorded in Greenland?
- The lowest recorded value was 5.1 current LCU per US$ of GDP in 2008.
- How does Greenland rank for gdp (current lcu), per unit of gdp?
- Greenland ranks 116th out of 212 countries with data for 2023.
- Is gdp (current lcu), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is up 22.7%. The long-run trend across the full record is falling.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of GDP (current 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (current LCU) ÷ GDP (current US$)
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 (current 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.