Gross domestic savings (current LCU), per unit of GDP in Greenland
Greenland: Gross domestic savings (current LCU), per unit of GDP was 1.77 current LCU per US$ of GDP in 2023. ◆ Volatile
Gross domestic savings (current LCU), per unit of GDP in Greenland, 2003–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Greenland recorded 1.77 current LCU per US$ of GDP for gross domestic savings (current lcu), per unit of gdp in 2023.
That represents a change of down 4.0% on the previous year and up 228.9% over ten years.
Over the whole period, gross domestic savings (current lcu), per unit of gdp in Greenland peaked at 1.84 current LCU per US$ of GDP in 2022 and was at its lowest, 0.3509 current LCU per US$ of GDP, in 2008.
That places Greenland 88th out of 187 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), per unit of GDP in Greenland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.5039 current LCU per US$ of GDP | — |
| 2004 | 0.4036 current LCU per US$ of GDP | -19.9% |
| 2005 | 0.3941 current LCU per US$ of GDP | -2.4% |
| 2006 | 0.5382 current LCU per US$ of GDP | +36.6% |
| 2007 | 0.432 current LCU per US$ of GDP | -19.7% |
| 2008 | 0.3509 current LCU per US$ of GDP | -18.8% |
| 2009 | 0.4244 current LCU per US$ of GDP | +20.9% |
| 2010 | 0.562 current LCU per US$ of GDP | +32.4% |
| 2011 | 0.5077 current LCU per US$ of GDP | -9.7% |
| 2012 | 0.6787 current LCU per US$ of GDP | +33.7% |
| 2013 | 0.5383 current LCU per US$ of GDP | -20.7% |
| 2014 | 0.699 current LCU per US$ of GDP | +29.9% |
| 2015 | 1.08 current LCU per US$ of GDP | +54.8% |
| 2016 | 1.36 current LCU per US$ of GDP | +25.6% |
| 2017 | 1.37 current LCU per US$ of GDP | +1.0% |
| 2018 | 1.32 current LCU per US$ of GDP | -4.0% |
| 2019 | 1.41 current LCU per US$ of GDP | +7.1% |
| 2020 | 1.46 current LCU per US$ of GDP | +3.3% |
| 2021 | 1.35 current LCU per US$ of GDP | -7.1% |
| 2022 | 1.84 current LCU per US$ of GDP | +36.2% |
| 2023 | 1.77 current LCU per US$ of GDP | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4353 current LCU per US$ of GDP | 0.3509 current LCU per US$ of GDP | 0.5382 current LCU per US$ of GDP | 7 |
| 2010s | 0.953 current LCU per US$ of GDP | 0.5077 current LCU per US$ of GDP | 1.41 current LCU per US$ of GDP | 10 |
| 2020s | 1.61 current LCU per US$ of GDP | 1.35 current LCU per US$ of GDP | 1.84 current LCU per US$ of GDP | 4 |
Countries ranked near Greenland
- 85 Faroe Islands 2.17 current LCU per US$ of GDP compare
- 86 Morocco 2.12 current LCU per US$ of GDP compare
- 87 Libya 1.95 current LCU per US$ of GDP compare
- 89 Ghana 1.74 current LCU per US$ of GDP compare
- 90 Hong Kong, China 1.65 current LCU per US$ of GDP compare
- 91 United Arab Emirates 1.58 current LCU per US$ of GDP compare
More economy & growth data for Greenland
- Imports of goods and services (current US$), annual growth rate 2.55 % change on previous year (2023)
- Gross capital formation (current US$), annual growth rate 0.3806 % change on previous year (2023)
- Gross capital formation (current US$), per unit of GDP 0.36 current US$ per US$ of GDP (2023)
- Gross capital formation (current US$), per capita 21,057 current US$ per person (2023)
- Gross capital formation (current LCU), annual growth rate -2.26 % change on previous year (2023)
- Gross capital formation (current LCU), per unit of GDP 2.48 current LCU per US$ of GDP (2023)
- Gross capital formation (current LCU), per capita 145,077 current LCU per person (2023)
- Gross capital formation (constant 2015 US$), annual growth rate -3.59 % change on previous year (2023)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3134 constant 2015 US$ per US$ of GDP (2023)
- Gross capital formation (constant 2015 US$), per capita 18,332 constant 2015 US$ per person (2023)
Frequently asked questions
- What is gross domestic savings (current lcu), per unit of gdp in Greenland?
- Gross domestic savings (current lcu), per unit of gdp in Greenland was 1.77 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic savings (current lcu), per unit of gdp recorded in Greenland?
- The highest recorded value was 1.84 current LCU per US$ of GDP in 2022.
- What is the lowest gross domestic savings (current lcu), per unit of gdp recorded in Greenland?
- The lowest recorded value was 0.3509 current LCU per US$ of GDP in 2008.
- How does Greenland rank for gross domestic savings (current lcu), per unit of gdp?
- Greenland ranks 88th out of 187 countries with data for 2023.
- Is gross domestic savings (current lcu), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is up 228.9%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross domestic savings 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 savings (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.