Industry (including construction), value added (constant LCU), per in Greenland
Greenland: Industry (including construction), value added (constant LCU), per 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 (constant LCU), per 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% |
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
- 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), 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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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.