Industry (including construction), value added (constant LCU), annual in Greenland
Greenland: Industry (including construction), value added (constant LCU), annual was -1.29 % change on previous year in 2023. ◆ Volatile
Industry (including construction), value added (constant LCU), annual in Greenland, 2004–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, industry (including construction), value added (constant lcu), annual in Greenland stood at -1.29 % change on previous year.
Compared with earlier readings it is down 180.5% on the previous year and up 46.7% over ten years.
Over the whole period, industry (including construction), value added (constant lcu), annual in Greenland peaked at 20.99 % change on previous year in 2020 and was at its lowest, -11.73 % change on previous year, in 2021.
Greenland ranks 170th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added (constant LCU), annual in Greenland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | 18.63 % change on previous year | — |
| 2005 | 9.31 % change on previous year | -50.0% |
| 2006 | -10.63 % change on previous year | -214.2% |
| 2007 | 13.8 % change on previous year | -229.8% |
| 2008 | 20.7 % change on previous year | +50.0% |
| 2009 | -2.89 % change on previous year | -114.0% |
| 2010 | 3.36 % change on previous year | -216.2% |
| 2011 | 3.03 % change on previous year | -9.8% |
| 2012 | 8.92 % change on previous year | +194.5% |
| 2013 | -2.43 % change on previous year | -127.2% |
| 2014 | 7.13 % change on previous year | -393.6% |
| 2015 | 9.48 % change on previous year | +32.9% |
| 2016 | 8.7 % change on previous year | -8.3% |
| 2017 | -2.93 % change on previous year | -133.7% |
| 2018 | -1.58 % change on previous year | -46.1% |
| 2019 | 4.47 % change on previous year | -383.0% |
| 2020 | 20.99 % change on previous year | +369.5% |
| 2021 | -11.73 % change on previous year | -155.9% |
| 2022 | 1.61 % change on previous year | -113.7% |
| 2023 | -1.29 % change on previous year | -180.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.15 % change on previous year | -10.63 % change on previous year | 20.7 % change on previous year | 6 |
| 2010s | 3.81 % change on previous year | -2.93 % change on previous year | 9.48 % change on previous year | 10 |
| 2020s | 2.39 % change on previous year | -11.73 % change on previous year | 20.99 % change on previous year | 4 |
Countries ranked near Greenland
- 167 Yemen -1.12 % change on previous year compare
- 168 Iceland -1.23 % change on previous year compare
- 169 Mexico -1.27 % change on previous year compare
- 171 Hungary -1.4 % change on previous year compare
- 172 Bulgaria -1.44 % change on previous year compare
- 173 South Africa -1.57 % change on previous year compare
More economy & growth data for Greenland
- Taxes less subsidies on products (current LCU), per capita 16,154 current LCU per person (2023)
- GDP (constant LCU), per capita 285,947 constant LCU per person (2023)
- Domestic currency per US dollar (End-of-period (EoP)) 7.05 (2016)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 9.48 (2016)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1055 (2016)
- Gross domestic savings (current US$), annual growth rate 4.1 % change on previous year (2023)
- Taxes less subsidies on products (current US$), per capita 2,345 current US$ per person (2023)
- Taxes less subsidies on products (current LCU), annual growth rate 4.97 % change on previous year (2023)
- US dollar per domestic currency (End-of-period (EoP)) 0.1418 (2016)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2761 current LCU per US$ of GDP (2023)
Frequently asked questions
- What is industry (including construction), value added (constant lcu), annual in Greenland?
- Industry (including construction), value added (constant lcu), annual in Greenland was -1.29 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant lcu), annual recorded in Greenland?
- The highest recorded value was 20.99 % change on previous year in 2020.
- What is the lowest industry (including construction), value added (constant lcu), annual recorded in Greenland?
- The lowest recorded value was -11.73 % change on previous year in 2021.
- How does Greenland rank for industry (including construction), value added (constant lcu), annual?
- Greenland ranks 170th out of 197 countries with data for 2023.
- Is industry (including construction), value added (constant lcu), annual rising or falling in Greenland?
- Over the last ten years it is up 46.7%. The long-run trend across the full record is volatile.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of Industry (including construction), value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Industry (including construction), value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Industry (including construction), value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.