Industry (including construction), value added … unit GDP LCU in Greenland
Greenland: Industry (including construction), value added … unit GDP LCU was 1.14 constant LCU per US$ of GDP in 2023. ▲ Rising
Industry (including construction), value added (constant LCU), per in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for industry (including construction), value added (constant lcu), per in Greenland is 1.14 constant LCU per US$ of GDP, measured in 2023.
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 lcu), per in Greenland peaked at 1.39 constant LCU per US$ of GDP in 2020 and was at its lowest, 0.9173 constant LCU per US$ of GDP, in 2006.
Greenland ranks 108th of 198 countries on this measure, 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 LCU in Greenland, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 1.02 constant LCU per US$ of GDP | — |
| 2004 | 1.04 constant LCU per US$ of GDP | +1.5% |
| 2005 | 1.12 constant LCU per US$ of GDP | +7.7% |
| 2006 | 0.9173 constant LCU per US$ of GDP | -17.9% |
| 2007 | 0.9341 constant LCU per US$ of GDP | +1.8% |
| 2008 | 1.01 constant LCU per US$ of GDP | +8.7% |
| 2009 | 0.9736 constant LCU per US$ of GDP | -4.1% |
| 2010 | 1.02 constant LCU per US$ of GDP | +4.5% |
| 2011 | 0.9771 constant LCU per US$ of GDP | -3.9% |
| 2012 | 1.09 constant LCU per US$ of GDP | +12.0% |
| 2013 | 1.04 constant LCU per US$ of GDP | -5.2% |
| 2014 | 1.05 constant LCU per US$ of GDP | +1.2% |
| 2015 | 1.31 constant LCU per US$ of GDP | +24.5% |
| 2016 | 1.31 constant LCU per US$ of GDP | +0.3% |
| 2017 | 1.21 constant LCU per US$ of GDP | -7.8% |
| 2018 | 1.11 constant LCU per US$ of GDP | -8.2% |
| 2019 | 1.18 constant LCU per US$ of GDP | +6.5% |
| 2020 | 1.39 constant LCU per US$ of GDP | +17.4% |
| 2021 | 1.15 constant LCU per US$ of GDP | -17.2% |
| 2022 | 1.22 constant LCU per US$ of GDP | +6.2% |
| 2023 | 1.14 constant LCU per US$ of GDP | -6.5% |
Greenland compared with similar countries
- Greenland's 1.14 constant LCU per US$ of GDP is above the median for high income countries, which is 0.2163 constant LCU per US$ of GDP, 5.3× the median. (70 countries reporting)
- Greenland's 1.14 constant LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.2336 constant LCU per US$ of GDP, 4.9× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1 constant LCU per US$ of GDP | 0.9173 constant LCU per US$ of GDP | 1.12 constant LCU per US$ of GDP | 7 |
| 2010s | 1.13 constant LCU per US$ of GDP | 0.9771 constant LCU per US$ of GDP | 1.31 constant LCU per US$ of GDP | 10 |
| 2020s | 1.23 constant LCU per US$ of GDP | 1.14 constant LCU per US$ of GDP | 1.39 constant LCU per US$ of GDP | 4 |
Countries ranked near Greenland
- 105 Solomon Islands 1.16 constant LCU per US$ of GDP compare
- 106 Guatemala 1.15 constant LCU per US$ of GDP compare
- 107 Maldives 1.15 constant LCU per US$ of GDP compare
- 109 Suriname 0.8762 constant LCU per US$ of GDP compare
- 110 Papua New Guinea 0.8065 constant LCU per US$ of GDP compare
- 111 Brunei 0.7946 constant LCU 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 lcu), per in Greenland?
- Industry (including construction), value added (constant lcu), per in Greenland was 1.14 constant LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant lcu), per recorded in Greenland?
- The highest recorded value was 1.39 constant LCU per US$ of GDP in 2020.
- What is the lowest industry (including construction), value added (constant lcu), per recorded in Greenland?
- The lowest recorded value was 0.9173 constant LCU per US$ of GDP in 2006.
- How does Greenland rank for industry (including construction), value added (constant lcu), per?
- Greenland ranks 108th out of 198 countries with data for 2023.
- Is industry (including construction), value added (constant lcu), per 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 21 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Industry (including construction), value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.