Imports of goods and services in Greenland
Greenland: Imports of goods and services was 10.34 billion constant LCU in 2023. ▲ Rising
Imports of goods and services in Greenland, 2003–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for imports of goods and services in Greenland is 10.34 billion constant LCU, measured in 2023.
That represents a change of 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 12.69 billion constant LCU in 2011 and was at its lowest, 6.09 billion constant LCU, in 2003.
That places Greenland 150th out of 179 countries with data for 2023, putting it 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 LCU | Change |
|---|---|---|
| 2003 | 6.09 billion constant LCU | — |
| 2004 | 6.15 billion constant LCU | +0.9% |
| 2005 | 7.02 billion constant LCU | +14.2% |
| 2006 | 6.52 billion constant LCU | -7.0% |
| 2007 | 7.34 billion constant LCU | +12.5% |
| 2008 | 8.57 billion constant LCU | +16.7% |
| 2009 | 7.76 billion constant LCU | -9.4% |
| 2010 | 10.76 billion constant LCU | +38.6% |
| 2011 | 12.69 billion constant LCU | +18.0% |
| 2012 | 8.89 billion constant LCU | -30.0% |
| 2013 | 8.30 billion constant LCU | -6.6% |
| 2014 | 7.35 billion constant LCU | -11.5% |
| 2015 | 7.47 billion constant LCU | +1.7% |
| 2016 | 8.29 billion constant LCU | +11.0% |
| 2017 | 8.00 billion constant LCU | -3.5% |
| 2018 | 8.20 billion constant LCU | +2.4% |
| 2019 | 9.44 billion constant LCU | +15.1% |
| 2020 | 9.24 billion constant LCU | -2.1% |
| 2021 | 9.80 billion constant LCU | +6.0% |
| 2022 | 10.35 billion constant LCU | +5.7% |
| 2023 | 10.34 billion constant LCU | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.06 billion constant LCU | 6.09 billion constant LCU | 8.57 billion constant LCU | 7 |
| 2010s | 8.94 billion constant LCU | 7.35 billion constant LCU | 12.69 billion constant LCU | 10 |
| 2020s | 9.93 billion constant LCU | 9.24 billion constant LCU | 10.35 billion constant LCU | 4 |
Countries ranked near Greenland
- 147 Azerbaijan 14.65 billion constant LCU compare
- 148 Kuwait 14.07 billion constant LCU compare
- 149 Bahrain 11.11 billion constant LCU compare
- 151 Brunei Darussalam 9.69 billion constant LCU compare
- 152 Eritrea 9.28 billion constant LCU compare
- 153 Solomon Islands 8.88 billion constant LCU 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 10.34 billion constant LCU 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 12.69 billion constant LCU in 2011.
- What is the lowest imports of goods and services recorded in Greenland?
- The lowest recorded value was 6.09 billion constant LCU in 2003.
- How does Greenland rank for imports of goods and services?
- Greenland ranks 150th out of 179 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 LCU). Statizoid updates them automatically from the source API.
Download this data
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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 varies by country. This series is expressed in local currency units.