Imports of goods and services (current US$) in Greenland
Greenland: Imports of goods and services (current US$) was 1.70 billion current US$ in 2023. ▲ Rising
Imports of goods and services in Greenland, 2003–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2023, imports of goods and services in Greenland stood at 1.70 billion current US$.
That represents a change of up 2.5% on the previous year and up 8.7% over ten years.
Over the whole period, imports of goods and services in Greenland peaked at 2.48 billion current US$ in 2011 and was at its lowest, 771.61 million current US$, in 2003.
Greenland ranks 169th of 193 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Imports of goods and services (current US$) in Greenland, year by year
| Year | current US$ | Change |
|---|---|---|
| 2003 | 771.61 million current US$ | — |
| 2004 | 890.58 million current US$ | +15.4% |
| 2005 | 1.08 billion current US$ | +21.8% |
| 2006 | 1.04 billion current US$ | -3.7% |
| 2007 | 1.32 billion current US$ | +26.6% |
| 2008 | 1.76 billion current US$ | +33.1% |
| 2009 | 1.39 billion current US$ | -20.9% |
| 2010 | 1.91 billion current US$ | +37.4% |
| 2011 | 2.48 billion current US$ | +29.9% |
| 2012 | 1.66 billion current US$ | -33.3% |
| 2013 | 1.56 billion current US$ | -5.6% |
| 2014 | 1.38 billion current US$ | -11.6% |
| 2015 | 1.14 billion current US$ | -17.7% |
| 2016 | 1.22 billion current US$ | +7.3% |
| 2017 | 1.24 billion current US$ | +1.7% |
| 2018 | 1.38 billion current US$ | +11.6% |
| 2019 | 1.53 billion current US$ | +10.7% |
| 2020 | 1.44 billion current US$ | -5.9% |
| 2021 | 1.63 billion current US$ | +13.3% |
| 2022 | 1.66 billion current US$ | +1.4% |
| 2023 | 1.70 billion current US$ | +2.5% |
Greenland compared with similar countries
- Greenland's 1.70 billion current US$ is below the median for high income countries, which is 67.79 billion current US$, 3% of the median. (72 countries reporting)
- Greenland's 1.70 billion current US$ is below the median for Europe & Central Asia, which is 71.13 billion current US$, 2% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.18 billion current US$ | 771.61 million current US$ | 1.76 billion current US$ | 7 |
| 2010s | 1.55 billion current US$ | 1.14 billion current US$ | 2.48 billion current US$ | 10 |
| 2020s | 1.61 billion current US$ | 1.44 billion current US$ | 1.70 billion current US$ | 4 |
Countries ranked near Greenland
- 166 Sierra Leone 2.11 billion current US$ compare
- 167 Faroe Islands 2.07 billion current US$ compare
- 168 Belize 1.72 billion current US$ compare
- 170 Suriname 1.68 billion current US$ compare
- 171 Cape Verde 1.63 billion current US$ compare
- 172 Bhutan 1.60 billion current US$ 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 in Greenland?
- Imports of goods and services in Greenland was 1.70 billion current 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 2.48 billion current US$ in 2011.
- What is the lowest imports of goods and services recorded in Greenland?
- The lowest recorded value was 771.61 million current US$ in 2003.
- How does Greenland rank for imports of goods and services?
- Greenland ranks 169th out of 193 countries with data for 2023.
- Is imports of goods and services rising or falling in Greenland?
- Over the last ten years it is up 8.7%. 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 (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.