Gross domestic savings (current LCU), annual growth rate in Greenland
Greenland: Gross domestic savings (current LCU), annual growth rate was 1.36 % change on previous year in 2023. ◆ Volatile
Gross domestic savings (current LCU), annual growth rate in Greenland, 2004–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Greenland recorded 1.36 % change on previous year for gross domestic savings (current lcu), annual growth rate in 2023.
The figure is down 95.5% on the previous year and up 107.4% over ten years.
Over the whole period, gross domestic savings (current lcu), annual growth rate in Greenland peaked at 48.63 % change on previous year in 2006 and was at its lowest, -18.4 % change on previous year, in 2013.
That places Greenland 117th out of 185 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.
Gross domestic savings (current LCU), annual growth rate in Greenland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | -6.35 % change on previous year | — |
| 2005 | -0.8972 % change on previous year | -85.9% |
| 2006 | 48.63 % change on previous year | -5519.8% |
| 2007 | -10.3 % change on previous year | -121.2% |
| 2008 | -9.76 % change on previous year | -5.2% |
| 2009 | 22.44 % change on previous year | -329.8% |
| 2010 | 31.02 % change on previous year | +38.2% |
| 2011 | -3.12 % change on previous year | -110.1% |
| 2012 | 29.96 % change on previous year | -1060.0% |
| 2013 | -18.4 % change on previous year | -161.4% |
| 2014 | 37.45 % change on previous year | -303.5% |
| 2015 | 36.16 % change on previous year | -3.4% |
| 2016 | 36.01 % change on previous year | -0.4% |
| 2017 | 6.41 % change on previous year | -82.2% |
| 2018 | 2.88 % change on previous year | -55.0% |
| 2019 | 5.04 % change on previous year | +74.8% |
| 2020 | 6.48 % change on previous year | +28.7% |
| 2021 | -1.01 % change on previous year | -115.6% |
| 2022 | 30.33 % change on previous year | -3103.1% |
| 2023 | 1.36 % change on previous year | -95.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.29 % change on previous year | -10.3 % change on previous year | 48.63 % change on previous year | 6 |
| 2010s | 16.34 % change on previous year | -18.4 % change on previous year | 37.45 % change on previous year | 10 |
| 2020s | 9.29 % change on previous year | -1.01 % change on previous year | 30.33 % change on previous year | 4 |
Countries ranked near Greenland
- 114 Belgium 1.69 % change on previous year compare
- 115 Poland 1.48 % change on previous year compare
- 116 Canada 1.37 % change on previous year compare
- 118 Bahrain 1.21 % change on previous year compare
- 119 Belize 1.2 % change on previous year compare
- 120 Bangladesh 1.14 % change on previous year compare
More economy & growth data for Greenland
- GNI (current LCU), per capita 196,570 current LCU per person (2007)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0401 current US$ per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8491 constant 2015 US$ per US$ of GDP (2023)
- Taxes less subsidies on products (current US$), annual growth rate 7.81 % change on previous year (2023)
- Net primary income (Net income from abroad) (current LCU), annual 46.56 % change on previous year (2007)
- Net primary income (Net income from abroad) (current US$), annual 41.62 % change on previous year (2007)
- GNI (current LCU), annual growth rate 12.79 % change on previous year (2007)
- GNI (current US$), per unit of GDP 0.9077 current US$ per US$ of GDP (2007)
- GNI (current US$), per capita 36,110 current US$ per person (2007)
- Taxes less subsidies on products (current US$), per capita 2,345 current US$ per person (2023)
Frequently asked questions
- What is gross domestic savings (current lcu), annual growth rate in Greenland?
- Gross domestic savings (current lcu), annual growth rate in Greenland was 1.36 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic savings (current lcu), annual growth rate recorded in Greenland?
- The highest recorded value was 48.63 % change on previous year in 2006.
- What is the lowest gross domestic savings (current lcu), annual growth rate recorded in Greenland?
- The lowest recorded value was -18.4 % change on previous year in 2013.
- How does Greenland rank for gross domestic savings (current lcu), annual growth rate?
- Greenland ranks 117th out of 185 countries with data for 2023.
- Is gross domestic savings (current lcu), annual growth rate rising or falling in Greenland?
- Over the last ten years it is up 107.4%. 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 Gross domestic savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic savings 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
The year-on-year percentage change in Gross domestic savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.