Gross National Income — Value Standard Local Currency in Greenland
Greenland: Gross National Income — Value Standard Local Currency was 20,384 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Greenland, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Greenland recorded 20,384 million SLC for gross national income — value standard local currency in 2023. That is the highest value across all 54 years on record.
The figure is up 1.2% on the previous year and up 38.9% over ten years.
Over the whole period, gross national income — value standard local currency in Greenland peaked at 20,384 million SLC in 2023 and was at its lowest, 513.63 million SLC, in 1970.
That places Greenland 162nd out of 202 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency in Greenland, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 513.63 million SLC | — |
| 1971 | 647.2 million SLC | +26.0% |
| 1972 | 726.35 million SLC | +12.2% |
| 1973 | 835.23 million SLC | +15.0% |
| 1974 | 1,020 million SLC | +22.1% |
| 1975 | 1,195 million SLC | +17.2% |
| 1976 | 1,434 million SLC | +19.9% |
| 1977 | 1,669 million SLC | +16.4% |
| 1978 | 1,934 million SLC | +15.9% |
| 1979 | 2,180 million SLC | +12.7% |
| 1980 | 2,639 million SLC | +21.1% |
| 1981 | 3,078 million SLC | +16.6% |
| 1982 | 3,418 million SLC | +11.0% |
| 1983 | 3,791 million SLC | +10.9% |
| 1984 | 3,979 million SLC | +5.0% |
| 1985 | 4,453 million SLC | +11.9% |
| 1986 | 4,894 million SLC | +9.9% |
| 1987 | 5,448 million SLC | +11.3% |
| 1988 | 6,118 million SLC | +12.3% |
| 1989 | 6,936 million SLC | +13.4% |
| 1990 | 6,399 million SLC | -7.7% |
| 1991 | 6,613 million SLC | +3.3% |
| 1992 | 6,354 million SLC | -3.9% |
| 1993 | 6,133 million SLC | -3.5% |
| 1994 | 6,609 million SLC | +7.8% |
| 1995 | 7,101 million SLC | +7.4% |
| 1996 | 7,370 million SLC | +3.8% |
| 1997 | 7,519 million SLC | +2.0% |
| 1998 | 8,201 million SLC | +9.1% |
| 1999 | 8,408 million SLC | +2.5% |
| 2000 | 9,215 million SLC | +9.6% |
| 2001 | 9,614 million SLC | +4.3% |
| 2002 | 9,822 million SLC | +2.2% |
| 2003 | 10,004 million SLC | +1.9% |
| 2004 | 10,620 million SLC | +6.2% |
| 2005 | 11,024 million SLC | +3.8% |
| 2006 | 11,505 million SLC | +4.4% |
| 2007 | 11,881 million SLC | +3.3% |
| 2008 | 12,414 million SLC | +4.5% |
| 2009 | 13,215 million SLC | +6.5% |
| 2010 | 13,722 million SLC | +3.8% |
| 2011 | 13,993 million SLC | +2.0% |
| 2012 | 14,706 million SLC | +5.1% |
| 2013 | 14,679 million SLC | -0.2% |
| 2014 | 15,524 million SLC | +5.8% |
| 2015 | 16,360 million SLC | +5.4% |
| 2016 | 17,726 million SLC | +8.3% |
| 2017 | 18,322 million SLC | +3.4% |
| 2018 | 18,777 million SLC | +2.5% |
| 2019 | 19,451 million SLC | +3.6% |
| 2020 | 19,624 million SLC | +0.9% |
| 2021 | 19,794 million SLC | +0.9% |
| 2022 | 20,147 million SLC | +1.8% |
| 2023 | 20,384 million SLC | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,216 million SLC | 513.63 million SLC | 2,180 million SLC | 10 |
| 1980s | 4,475 million SLC | 2,639 million SLC | 6,936 million SLC | 10 |
| 1990s | 7,071 million SLC | 6,133 million SLC | 8,408 million SLC | 10 |
| 2000s | 10,931 million SLC | 9,215 million SLC | 13,215 million SLC | 10 |
| 2010s | 16,326 million SLC | 13,722 million SLC | 19,451 million SLC | 10 |
| 2020s | 19,987 million SLC | 19,624 million SLC | 20,384 million SLC | 4 |
Countries ranked near Greenland
- 159 Cyprus 28,341 million SLC compare
- 160 Ethiopia PDR 23,954 million SLC compare
- 161 Palestine, State of 21,506 million SLC compare
- 163 Brunei Darussalam 19,868 million SLC compare
- 164 Malta 17,766 million SLC compare
- 165 Bahrain 15,808 million SLC compare
More economy & growth data for Greenland
- Taxes less subsidies on products (current US$), per unit of GDP 0.0401 current US$ per US$ of GDP (2023)
- Taxes less subsidies on products (current LCU), per capita 16,154 current LCU per person (2023)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2761 current LCU per US$ of GDP (2023)
- GDP (current LCU), per unit of GDP 6.89 current LCU per US$ of GDP (2023)
- Taxes less subsidies on products (current LCU), annual growth rate 4.97 % change on previous year (2023)
- Taxes less subsidies on products (current US$), per capita 2,345 current US$ per person (2023)
- Taxes less subsidies on products (current US$), annual growth rate 7.81 % change on previous year (2023)
- Net primary income (Net income from abroad) (current US$), annual 41.62 % change on previous year (2007)
- Net primary income (Net income from abroad) (current LCU), annual 46.56 % change on previous year (2007)
- GDP (current LCU), annual growth rate 2.75 % change on previous year (2023)
Frequently asked questions
- What is gross national income — value standard local currency in Greenland?
- Gross national income — value standard local currency in Greenland was 20,384 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Greenland?
- The highest recorded value was 20,384 million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Greenland?
- The lowest recorded value was 513.63 million SLC in 1970.
- How does Greenland rank for gross national income — value standard local currency?
- Greenland ranks 162nd out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Greenland?
- Over the last ten years it is up 38.9%. The long-run trend across the full record is volatile.
- Where does this Greenland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).