Imports of goods and services in Greenland
Greenland: Imports of goods and services was 1.57 billion constant 2015 US$ in 2023. ▲ Rising
Imports of goods and services in Greenland, 2003–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Greenland recorded 1.57 billion constant 2015 US$ for imports of goods and services in 2023.
The figure is down 0.1% on the previous year and up 24.6% over ten years.
Over the whole period, imports of goods and services in Greenland peaked at 1.93 billion constant 2015 US$ in 2011 and was at its lowest, 927.14 million constant 2015 US$, in 2003.
Greenland ranks 154th of 172 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Imports of goods and services in Greenland, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2003 | 927.14 million constant 2015 US$ | — |
| 2004 | 935.77 million constant 2015 US$ | +0.9% |
| 2005 | 1.07 billion constant 2015 US$ | +14.2% |
| 2006 | 993.08 million constant 2015 US$ | -7.0% |
| 2007 | 1.12 billion constant 2015 US$ | +12.5% |
| 2008 | 1.30 billion constant 2015 US$ | +16.7% |
| 2009 | 1.18 billion constant 2015 US$ | -9.4% |
| 2010 | 1.64 billion constant 2015 US$ | +38.6% |
| 2011 | 1.93 billion constant 2015 US$ | +18.0% |
| 2012 | 1.35 billion constant 2015 US$ | -30.0% |
| 2013 | 1.26 billion constant 2015 US$ | -6.6% |
| 2014 | 1.12 billion constant 2015 US$ | -11.5% |
| 2015 | 1.14 billion constant 2015 US$ | +1.7% |
| 2016 | 1.26 billion constant 2015 US$ | +11.0% |
| 2017 | 1.22 billion constant 2015 US$ | -3.5% |
| 2018 | 1.25 billion constant 2015 US$ | +2.4% |
| 2019 | 1.44 billion constant 2015 US$ | +15.1% |
| 2020 | 1.41 billion constant 2015 US$ | -2.1% |
| 2021 | 1.49 billion constant 2015 US$ | +6.0% |
| 2022 | 1.58 billion constant 2015 US$ | +5.7% |
| 2023 | 1.57 billion constant 2015 US$ | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.08 billion constant 2015 US$ | 927.14 million constant 2015 US$ | 1.30 billion constant 2015 US$ | 7 |
| 2010s | 1.36 billion constant 2015 US$ | 1.12 billion constant 2015 US$ | 1.93 billion constant 2015 US$ | 10 |
| 2020s | 1.51 billion constant 2015 US$ | 1.41 billion constant 2015 US$ | 1.58 billion constant 2015 US$ | 4 |
Countries ranked near Greenland
- 151 Lesotho 2.25 billion constant 2015 US$ compare
- 152 Seychelles 2.06 billion constant 2015 US$ compare
- 153 Bermuda 1.73 billion constant 2015 US$ compare
- 155 Belize 1.44 billion constant 2015 US$ compare
- 156 Cape Verde 1.37 billion constant 2015 US$ compare
- 157 Bhutan 1.34 billion constant 2015 US$ compare
More economy & growth data for Greenland
- Gross fixed capital formation (current US$), annual growth rate 0.3077 % change on previous year (2023)
- Imports of goods and services (current US$), per unit of GDP 0.5109 current US$ per US$ of GDP (2023)
- Gross fixed capital formation (constant 2015 US$), per unit of GDP 0.3149 constant 2015 US$ per US$ of GDP (2023)
- Gross fixed capital formation (constant 2015 US$), annual growth rate -3.77 % change on previous year (2023)
- Gross fixed capital formation (current LCU), per capita 139,801 current LCU per person (2023)
- Gross fixed capital formation (current LCU), per unit of GDP 2.39 current LCU per US$ of GDP (2023)
- Gross fixed capital formation (current US$), per capita 20,291 current US$ per person (2023)
- Gross fixed capital formation (current US$), per unit of GDP 0.3469 current US$ per US$ of GDP (2023)
- Exports of goods and services (current LCU), per unit of GDP 2.81 current LCU per US$ of GDP (2023)
- Exports of goods and services (current LCU), per capita 164,435 current LCU per person (2023)
Frequently asked questions
- What is imports of goods and services in Greenland?
- Imports of goods and services in Greenland was 1.57 billion constant 2015 US$ in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest imports of goods and services recorded in Greenland?
- The highest recorded value was 1.93 billion constant 2015 US$ in 2011.
- What is the lowest imports of goods and services recorded in Greenland?
- The lowest recorded value was 927.14 million constant 2015 US$ in 2003.
- How does Greenland rank for imports of goods and services?
- Greenland ranks 154th out of 172 countries with data for 2023.
- Is imports of goods and services rising or falling in Greenland?
- Over the last ten years it is up 24.6%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Imports of goods and services (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.