Imports of goods and services (current US$), per unit of GDP in Greenland
Greenland: Imports of goods and services (current US$), per unit of GDP was 0.5109 current US$ per US$ of GDP in 2023. ▼ Falling
Imports of goods and services (current US$), per unit of GDP in Greenland, 2003–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Greenland recorded 0.5109 current US$ per US$ of GDP for imports of goods and services (current us$), per unit of gdp in 2023.
That represents a change of down 2.8% on the previous year and down 12.2% over ten years.
Over the whole period, imports of goods and services (current us$), per unit of gdp in Greenland peaked at 0.9255 current US$ per US$ of GDP in 2011 and was at its lowest, 0.4352 current US$ per US$ of GDP, in 2017.
Greenland ranks 85th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Imports of goods and services (current US$), per unit of GDP in Greenland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.495 current US$ per US$ of GDP | — |
| 2004 | 0.4887 current US$ per US$ of GDP | -1.3% |
| 2005 | 0.5865 current US$ per US$ of GDP | +20.0% |
| 2006 | 0.5189 current US$ per US$ of GDP | -11.5% |
| 2007 | 0.5877 current US$ per US$ of GDP | +13.2% |
| 2008 | 0.7039 current US$ per US$ of GDP | +19.8% |
| 2009 | 0.5503 current US$ per US$ of GDP | -21.8% |
| 2010 | 0.7642 current US$ per US$ of GDP | +38.9% |
| 2011 | 0.9255 current US$ per US$ of GDP | +21.1% |
| 2012 | 0.6347 current US$ per US$ of GDP | -31.4% |
| 2013 | 0.5821 current US$ per US$ of GDP | -8.3% |
| 2014 | 0.4862 current US$ per US$ of GDP | -16.5% |
| 2015 | 0.4552 current US$ per US$ of GDP | -6.4% |
| 2016 | 0.4507 current US$ per US$ of GDP | -1.0% |
| 2017 | 0.4352 current US$ per US$ of GDP | -3.5% |
| 2018 | 0.4532 current US$ per US$ of GDP | +4.2% |
| 2019 | 0.5115 current US$ per US$ of GDP | +12.9% |
| 2020 | 0.4669 current US$ per US$ of GDP | -8.7% |
| 2021 | 0.4963 current US$ per US$ of GDP | +6.3% |
| 2022 | 0.5258 current US$ per US$ of GDP | +5.9% |
| 2023 | 0.5109 current US$ per US$ of GDP | -2.8% |
Greenland compared with similar countries
- Greenland's 0.5109 current US$ per US$ of GDP is below the median for high income countries, which is 0.5115 current US$ per US$ of GDP, 100% of the median. (72 countries reporting)
- Greenland's 0.5109 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.5267 current US$ per US$ of GDP, 97% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5616 current US$ per US$ of GDP | 0.4887 current US$ per US$ of GDP | 0.7039 current US$ per US$ of GDP | 7 |
| 2010s | 0.5698 current US$ per US$ of GDP | 0.4352 current US$ per US$ of GDP | 0.9255 current US$ per US$ of GDP | 10 |
| 2020s | 0.5 current US$ per US$ of GDP | 0.4669 current US$ per US$ of GDP | 0.5258 current US$ per US$ of GDP | 4 |
Countries ranked near Greenland
- 82 Faroe Islands 0.512 current US$ per US$ of GDP compare
- 83 Morocco 0.5113 current US$ per US$ of GDP compare
- 84 Sweden 0.5111 current US$ per US$ of GDP compare
- 86 Gambia 0.4944 current US$ per US$ of GDP compare
- 87 Oman 0.4878 current US$ per US$ of GDP compare
- 88 Vanuatu 0.4803 current US$ per US$ of GDP compare
More economy & growth data for Greenland
- Final consumption expenditure (current LCU), per capita 299,448 current LCU per person (2023)
- Gross national expenditure (current US$), annual growth rate 4.12 % change on previous year (2023)
- Final consumption expenditure (constant 2015 US$), per capita 40,333 constant 2015 US$ per person (2023)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6895 constant 2015 US$ per US$ of GDP (2023)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.24 % change on previous year (2023)
- Final consumption expenditure (current LCU), annual growth rate 3.24 % change on previous year (2023)
- Final consumption expenditure (current US$), per unit of GDP 0.743 current US$ per US$ of GDP (2023)
- Final consumption expenditure (current US$), per capita 43,463 current US$ per person (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Final consumption expenditure (current LCU), per unit of GDP 5.12 current LCU per US$ of GDP (2023)
Frequently asked questions
- What is imports of goods and services (current us$), per unit of gdp in Greenland?
- Imports of goods and services (current us$), per unit of gdp in Greenland was 0.5109 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest imports of goods and services (current us$), per unit of gdp recorded in Greenland?
- The highest recorded value was 0.9255 current US$ per US$ of GDP in 2011.
- What is the lowest imports of goods and services (current us$), per unit of gdp recorded in Greenland?
- The lowest recorded value was 0.4352 current US$ per US$ of GDP in 2017.
- How does Greenland rank for imports of goods and services (current us$), per unit of gdp?
- Greenland ranks 85th out of 193 countries with data for 2023.
- Is imports of goods and services (current us$), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is down 12.2%. The long-run trend across the full record is falling.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.