Imports of goods and services in Greenland
Greenland: Imports of goods and services was 51.1% in 2023. ▼ Falling
Imports of goods and services in Greenland, 2003–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for imports of goods and services in Greenland is 51.1%, measured in 2023.
Compared with earlier readings it is down 2.8% on the previous year and down 12.2% over ten years.
Over the whole period, imports of goods and services in Greenland peaked at 92.5% in 2011 and was at its lowest, 43.5%, in 2017.
Greenland ranks 86th 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 in Greenland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2003 | 49.5% | — |
| 2004 | 48.9% | -1.3% |
| 2005 | 58.6% | +20.0% |
| 2006 | 51.9% | -11.5% |
| 2007 | 58.8% | +13.2% |
| 2008 | 70.4% | +19.8% |
| 2009 | 55.0% | -21.8% |
| 2010 | 76.4% | +38.9% |
| 2011 | 92.5% | +21.1% |
| 2012 | 63.5% | -31.4% |
| 2013 | 58.2% | -8.3% |
| 2014 | 48.6% | -16.5% |
| 2015 | 45.5% | -6.4% |
| 2016 | 45.1% | -1.0% |
| 2017 | 43.5% | -3.5% |
| 2018 | 45.3% | +4.2% |
| 2019 | 51.1% | +12.9% |
| 2020 | 46.7% | -8.7% |
| 2021 | 49.6% | +6.3% |
| 2022 | 52.6% | +5.9% |
| 2023 | 51.1% | -2.8% |
Greenland compared with similar countries
- Greenland's 51.1% is below the median for high income countries, which is 51.2%, 100% of the median. (72 countries reporting)
- Greenland's 51.1% is below the median for Europe & Central Asia, which is 52.7%, 97% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 56.2% | 48.9% | 70.4% | 7 |
| 2010s | 57.0% | 43.5% | 92.5% | 10 |
| 2020s | 50.0% | 46.7% | 52.6% | 4 |
Countries ranked near Greenland
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 51.1% 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 92.5% in 2011.
- What is the lowest imports of goods and services recorded in Greenland?
- The lowest recorded value was 43.5% in 2017.
- How does Greenland rank for imports of goods and services?
- Greenland ranks 86th 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 down 12.2%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.