Gross value added at basic prices (GVA) (current LCU), annual growth in Greenland
Greenland: Gross value added at basic prices (GVA) (current LCU), annual growth was 2.66 % change on previous year in 2023. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Greenland, 2004–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Greenland recorded 2.66 % change on previous year for gross value added at basic prices (gva) (current lcu), annual growth in 2023.
The figure is down 64.1% on the previous year and up 3,277.2% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Greenland peaked at 7.86 % change on previous year in 2006 and was at its lowest, 0.0786 % change on previous year, in 2013.
Greenland ranks 176th of 205 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current LCU), annual growth in Greenland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | 6.06 % change on previous year | — |
| 2005 | 1.02 % change on previous year | -83.2% |
| 2006 | 7.86 % change on previous year | +674.1% |
| 2007 | 1.95 % change on previous year | -75.2% |
| 2008 | 4.02 % change on previous year | +106.1% |
| 2009 | 6.82 % change on previous year | +69.7% |
| 2010 | 4.06 % change on previous year | -40.4% |
| 2011 | 2.37 % change on previous year | -41.7% |
| 2012 | 4.51 % change on previous year | +90.4% |
| 2013 | 0.0786 % change on previous year | -98.3% |
| 2014 | 5.26 % change on previous year | +6585.2% |
| 2015 | 5.88 % change on previous year | +11.9% |
| 2016 | 7.84 % change on previous year | +33.3% |
| 2017 | 3.41 % change on previous year | -56.5% |
| 2018 | 1.83 % change on previous year | -46.2% |
| 2019 | 3.76 % change on previous year | +105.1% |
| 2020 | 1.27 % change on previous year | -66.3% |
| 2021 | 2.51 % change on previous year | +98.1% |
| 2022 | 7.41 % change on previous year | +195.0% |
| 2023 | 2.66 % change on previous year | -64.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.62 % change on previous year | 1.02 % change on previous year | 7.86 % change on previous year | 6 |
| 2010s | 3.9 % change on previous year | 0.0786 % change on previous year | 7.84 % change on previous year | 10 |
| 2020s | 3.46 % change on previous year | 1.27 % change on previous year | 7.41 % change on previous year | 4 |
Countries ranked near Greenland
- 173 Botswana 2.8 % change on previous year compare
- 174 Sweden 2.79 % change on previous year compare
- 175 Singapore 2.77 % change on previous year compare
- 177 Tuvalu 2.64 % change on previous year compare
- 178 Puerto Rico 2.6 % change on previous year compare
- 179 Norway 2.47 % change on previous year compare
More economy & growth data for Greenland
- Gdp worldbank constant usd, annual growth rate 0.8661 % change on previous year (2023)
- Taxes less subsidies on products (current LCU), per capita 16,154 current LCU per person (2023)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1055 (2016)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 9.48 (2016)
- Domestic currency per US dollar (End-of-period (EoP)) 7.05 (2016)
- US dollar per domestic currency (End-of-period (EoP)) 0.1418 (2016)
- GNI, Atlas method (current US$), annual growth rate 14.64 % change on previous year (2007)
- Gross domestic savings (current LCU), per capita 103,593 current LCU per person (2023)
- Gross domestic savings (current US$), per capita 15,036 current US$ per person (2023)
- Manufacturing value added to gdp, per capita 0 units per person (2023)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), annual growth in Greenland?
- Gross value added at basic prices (gva) (current lcu), annual growth in Greenland was 2.66 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Greenland?
- The highest recorded value was 7.86 % change on previous year in 2006.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Greenland?
- The lowest recorded value was 0.0786 % change on previous year in 2013.
- How does Greenland rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Greenland ranks 176th out of 205 countries with data for 2023.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Greenland?
- Over the last ten years it is up 3,277.2%. 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 value added at basic prices (GVA) (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 value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) 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 value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.