Industry (including construction), value added … unit GDP 2015 in Greenland
Greenland: Industry (including construction), value added … unit GDP 2015 was 0.1488 constant 2015 US$ per US$ of GDP in 2023. ▲ Rising
Industry (including construction), value added (constant 2015 US$) in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2023, industry (including construction), value added (constant 2015 us$) in Greenland stood at 0.1488 constant 2015 US$ per US$ of GDP.
The figure is down 6.5% on the previous year and up 10.0% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in Greenland peaked at 0.181 constant 2015 US$ per US$ of GDP in 2020 and was at its lowest, 0.1195 constant 2015 US$ per US$ of GDP, in 2006.
That places Greenland 127th out of 195 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Industry (including construction), value added … unit GDP 2015 in Greenland, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.1332 constant 2015 US$ per US$ of GDP | — |
| 2004 | 0.1351 constant 2015 US$ per US$ of GDP | +1.5% |
| 2005 | 0.1455 constant 2015 US$ per US$ of GDP | +7.7% |
| 2006 | 0.1195 constant 2015 US$ per US$ of GDP | -17.9% |
| 2007 | 0.1217 constant 2015 US$ per US$ of GDP | +1.8% |
| 2008 | 0.1323 constant 2015 US$ per US$ of GDP | +8.7% |
| 2009 | 0.1269 constant 2015 US$ per US$ of GDP | -4.1% |
| 2010 | 0.1325 constant 2015 US$ per US$ of GDP | +4.5% |
| 2011 | 0.1273 constant 2015 US$ per US$ of GDP | -3.9% |
| 2012 | 0.1426 constant 2015 US$ per US$ of GDP | +12.0% |
| 2013 | 0.1353 constant 2015 US$ per US$ of GDP | -5.2% |
| 2014 | 0.1369 constant 2015 US$ per US$ of GDP | +1.2% |
| 2015 | 0.1705 constant 2015 US$ per US$ of GDP | +24.5% |
| 2016 | 0.1711 constant 2015 US$ per US$ of GDP | +0.3% |
| 2017 | 0.1576 constant 2015 US$ per US$ of GDP | -7.8% |
| 2018 | 0.1448 constant 2015 US$ per US$ of GDP | -8.2% |
| 2019 | 0.1542 constant 2015 US$ per US$ of GDP | +6.5% |
| 2020 | 0.181 constant 2015 US$ per US$ of GDP | +17.4% |
| 2021 | 0.1499 constant 2015 US$ per US$ of GDP | -17.2% |
| 2022 | 0.1591 constant 2015 US$ per US$ of GDP | +6.2% |
| 2023 | 0.1488 constant 2015 US$ per US$ of GDP | -6.5% |
Greenland compared with similar countries
- Greenland's 0.1488 constant 2015 US$ per US$ of GDP is below the median for high income countries, which is 0.1675 constant 2015 US$ per US$ of GDP, 89% of the median. (69 countries reporting)
- Greenland's 0.1488 constant 2015 US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.1466 constant 2015 US$ per US$ of GDP, 1.0× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1306 constant 2015 US$ per US$ of GDP | 0.1195 constant 2015 US$ per US$ of GDP | 0.1455 constant 2015 US$ per US$ of GDP | 7 |
| 2010s | 0.1473 constant 2015 US$ per US$ of GDP | 0.1273 constant 2015 US$ per US$ of GDP | 0.1711 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.1597 constant 2015 US$ per US$ of GDP | 0.1488 constant 2015 US$ per US$ of GDP | 0.181 constant 2015 US$ per US$ of GDP | 4 |
Countries ranked near Greenland
- 124 Burkina Faso 0.1533 constant 2015 US$ per US$ of GDP compare
- 125 Armenia 0.1511 constant 2015 US$ per US$ of GDP compare
- 126 Grenada 0.1492 constant 2015 US$ per US$ of GDP compare
- 128 Djibouti 0.1485 constant 2015 US$ per US$ of GDP compare
- 129 Palestine 0.1481 constant 2015 US$ per US$ of GDP compare
- 130 Malawi 0.1481 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Greenland
- Gross national expenditure (current US$), per capita 64,520 current US$ per person (2023)
- Gross national expenditure (current LCU), per capita 444,525 current LCU per person (2023)
- Gross national expenditure (current LCU), per unit of GDP 7.6 current LCU per US$ of GDP (2023)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2023)
- Gross national expenditure (current LCU), annual growth rate 1.37 % change on previous year (2023)
- General government final consumption expenditure (constant 2015 US$) 0.367 constant 2015 US$ per US$ of GDP (2023)
- Final consumption expenditure (constant 2015 US$), per capita 40,333 constant 2015 US$ per person (2023)
- Gross national expenditure (current US$), annual growth rate 4.12 % change on previous year (2023)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.3182 % change on previous year (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
Frequently asked questions
- What is industry (including construction), value added (constant 2015 us$) in Greenland?
- Industry (including construction), value added (constant 2015 us$) in Greenland was 0.1488 constant 2015 US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in Greenland?
- The highest recorded value was 0.181 constant 2015 US$ per US$ of GDP in 2020.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in Greenland?
- The lowest recorded value was 0.1195 constant 2015 US$ per US$ of GDP in 2006.
- How does Greenland rank for industry (including construction), value added (constant 2015 us$)?
- Greenland ranks 127th out of 195 countries with data for 2023.
- Is industry (including construction), value added (constant 2015 us$) rising or falling in Greenland?
- Over the last ten years it is up 10.0%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of Industry (including construction), value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Industry (including construction), value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.