Gross domestic income (constant LCU), per unit of GDP in Greenland
Greenland: Gross domestic income (constant LCU), per unit of GDP was 5.66 constant LCU per US$ of GDP in 2023. ▼ Falling
Gross domestic income (constant LCU), per unit of GDP in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gross domestic income (constant lcu), per unit of gdp in Greenland is 5.66 constant LCU per US$ of GDP, measured in 2023.
That represents a change of down 4.2% on the previous year and up 4.9% over ten years.
Over the whole period, gross domestic income (constant lcu), per unit of gdp in Greenland peaked at 7.27 constant LCU per US$ of GDP in 2003 and was at its lowest, 5.28 constant LCU per US$ of GDP, in 2014.
That places Greenland 97th out of 179 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Gross domestic income (constant LCU), per unit of GDP in Greenland, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 7.27 constant LCU per US$ of GDP | — |
| 2004 | 6.56 constant LCU per US$ of GDP | -9.7% |
| 2005 | 6.63 constant LCU per US$ of GDP | +1.1% |
| 2006 | 6.49 constant LCU per US$ of GDP | -2.2% |
| 2007 | 5.78 constant LCU per US$ of GDP | -11.0% |
| 2008 | 5.38 constant LCU per US$ of GDP | -6.9% |
| 2009 | 5.45 constant LCU per US$ of GDP | +1.3% |
| 2010 | 5.62 constant LCU per US$ of GDP | +3.2% |
| 2011 | 5.3 constant LCU per US$ of GDP | -5.8% |
| 2012 | 5.61 constant LCU per US$ of GDP | +6.0% |
| 2013 | 5.39 constant LCU per US$ of GDP | -4.0% |
| 2014 | 5.28 constant LCU per US$ of GDP | -2.1% |
| 2015 | 6.21 constant LCU per US$ of GDP | +17.7% |
| 2016 | 6.2 constant LCU per US$ of GDP | -0.2% |
| 2017 | 5.96 constant LCU per US$ of GDP | -3.9% |
| 2018 | 5.71 constant LCU per US$ of GDP | -4.2% |
| 2019 | 5.91 constant LCU per US$ of GDP | +3.5% |
| 2020 | 5.67 constant LCU per US$ of GDP | -4.1% |
| 2021 | 5.37 constant LCU per US$ of GDP | -5.3% |
| 2022 | 5.91 constant LCU per US$ of GDP | +10.1% |
| 2023 | 5.66 constant LCU per US$ of GDP | -4.2% |
Greenland compared with similar countries
- Greenland's 5.66 constant LCU per US$ of GDP is above the median for high income countries, which is 0.788 constant LCU per US$ of GDP, 7.2× the median. (63 countries reporting)
- Greenland's 5.66 constant LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.775 constant LCU per US$ of GDP, 7.3× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.22 constant LCU per US$ of GDP | 5.38 constant LCU per US$ of GDP | 7.27 constant LCU per US$ of GDP | 7 |
| 2010s | 5.72 constant LCU per US$ of GDP | 5.28 constant LCU per US$ of GDP | 6.21 constant LCU per US$ of GDP | 10 |
| 2020s | 5.65 constant LCU per US$ of GDP | 5.37 constant LCU per US$ of GDP | 5.91 constant LCU per US$ of GDP | 4 |
Countries ranked near Greenland
- 94 Solomon Islands 7.34 constant LCU per US$ of GDP compare
- 95 Honduras 6.47 constant LCU per US$ of GDP compare
- 96 Bolivia 6.14 constant LCU per US$ of GDP compare
- 98 Denmark 5.62 constant LCU per US$ of GDP compare
- 99 Guatemala 5.27 constant LCU per US$ of GDP compare
- 100 Sao Tome and Principe 5.18 constant LCU per US$ of GDP compare
More economy & growth data for Greenland
- Gross national expenditure (current US$), annual growth rate 4.12 % change on previous year (2023)
- Gross national expenditure (current LCU), annual growth rate 1.37 % change on previous year (2023)
- Gross national expenditure (current US$), per capita 64,520 current US$ per person (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- General government final consumption expenditure (current LCU) 3.81 % change on previous year (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$), annual growth rate 1.24 % change on previous year (2023)
- General government final consumption expenditure (current LCU), per 2.87 current LCU per US$ of GDP (2023)
- General government final consumption expenditure (current US$), per 24,400 current US$ per person (2023)
- Final consumption expenditure (constant 2015 US$), per capita 40,333 constant 2015 US$ per person (2023)
Frequently asked questions
- What is gross domestic income (constant lcu), per unit of gdp in Greenland?
- Gross domestic income (constant lcu), per unit of gdp in Greenland was 5.66 constant LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic income (constant lcu), per unit of gdp recorded in Greenland?
- The highest recorded value was 7.27 constant LCU per US$ of GDP in 2003.
- What is the lowest gross domestic income (constant lcu), per unit of gdp recorded in Greenland?
- The lowest recorded value was 5.28 constant LCU per US$ of GDP in 2014.
- How does Greenland rank for gross domestic income (constant lcu), per unit of gdp?
- Greenland ranks 97th out of 179 countries with data for 2023.
- Is gross domestic income (constant lcu), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is up 4.9%. 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 Gross domestic income (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic income (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic income (constant LCU) ÷ GDP (current US$)
Computed from
- Gross domestic income 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
Gross domestic income (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.