Industry (including construction), value added (current LCU), annual in Greenland

Greenland: Industry (including construction), value added (current LCU), annual was -2.86 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-2.86 % change on previous year
Change on year
down 126.7%
World rank
185th
of 207 countries
All-time high
21.83 % change on previous year
in 2020
All-time low
-8.44 % change on previous year
in 2014
Years of data
20
2004–2023

Industry (including construction), value added (current LCU), annual in Greenland, 2004–2023

-10010202004201320232004: 14.2 % change on previous year2005: 5 % change on previous year2006: 11.1 % change on previous year2007: 2.7 % change on previous year2008: 12.9 % change on previous year2009: 5.1 % change on previous year2010: 4.4 % change on previous year2011: 2.2 % change on previous year2012: 9.8 % change on previous year2013: -4.4 % change on previous year2014: -8.4 % change on previous year2015: 14.5 % change on previous year2016: 12.5 % change on previous year2017: -0.633 % change on previous year2018: 9.7 % change on previous year2019: -2.5 % change on previous year2020: 21.8 % change on previous year2021: -5.9 % change on previous year2022: 10.7 % change on previous year2023: -2.9 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for industry (including construction), value added (current lcu), annual in Greenland is -2.86 % change on previous year, measured in 2023.

Compared with earlier readings it is down 126.7% on the previous year and up 34.2% over ten years.

Over the whole period, industry (including construction), value added (current lcu), annual in Greenland peaked at 21.83 % change on previous year in 2020 and was at its lowest, -8.44 % change on previous year, in 2014.

Greenland ranks 185th of 207 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 (current LCU), annual in Greenland, year by year

Annual values for Industry (including construction), value added (current LCU), annual growth rate in Greenland, 2004 to 2023.
Year % change on previous year Change
2004 14.16 % change on previous year
2005 5.05 % change on previous year -64.4%
2006 11.09 % change on previous year +119.7%
2007 2.68 % change on previous year -75.8%
2008 12.91 % change on previous year +381.3%
2009 5.08 % change on previous year -60.7%
2010 4.39 % change on previous year -13.6%
2011 2.24 % change on previous year -49.0%
2012 9.83 % change on previous year +339.1%
2013 -4.35 % change on previous year -144.3%
2014 -8.44 % change on previous year +93.9%
2015 14.48 % change on previous year -271.6%
2016 12.46 % change on previous year -13.9%
2017 -0.6329 % change on previous year -105.1%
2018 9.73 % change on previous year -1636.7%
2019 -2.49 % change on previous year -125.6%
2020 21.83 % change on previous year -975.9%
2021 -5.86 % change on previous year -126.8%
2022 10.74 % change on previous year -283.3%
2023 -2.86 % change on previous year -126.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.5 % change on previous year 2.68 % change on previous year 14.16 % change on previous year 6
2010s 3.72 % change on previous year -8.44 % change on previous year 14.48 % change on previous year 10
2020s 5.96 % change on previous year -5.86 % change on previous year 21.83 % change on previous year 4

Countries ranked near Greenland

  1. 182 Montenegro -1.24 % change on previous year compare
  2. 183 Botswana -1.37 % change on previous year compare
  3. 184 Norway -1.8 % change on previous year compare
  4. 186 Australia -2.99 % change on previous year compare
  5. 187 Saudi Arabia -3.14 % change on previous year compare
  6. 188 Qatar -3.26 % change on previous year compare

See the full ranking of 208 places →

More economy & growth data for Greenland

All data for Greenland →

Frequently asked questions

What is industry (including construction), value added (current lcu), annual in Greenland?
Industry (including construction), value added (current lcu), annual in Greenland was -2.86 % change on previous year in 2023, according to Statizoid (derived).
What is the highest industry (including construction), value added (current lcu), annual recorded in Greenland?
The highest recorded value was 21.83 % change on previous year in 2020.
What is the lowest industry (including construction), value added (current lcu), annual recorded in Greenland?
The lowest recorded value was -8.44 % change on previous year in 2014.
How does Greenland rank for industry (including construction), value added (current lcu), annual?
Greenland ranks 185th out of 207 countries with data for 2023.
Is industry (including construction), value added (current lcu), annual rising or falling in Greenland?
Over the last ten years it is up 34.2%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Industry (including construction), value added (current LCU), annual in Greenland. Statizoid, drawing on Statizoid (derived). Retrieved 02 September 2026, from https://economy.statizoid.com/stat/industry-including-construction-value-added-current-lcu-annual-growth-rate/greenland/

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How this figure is calculated

The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Industry (including construction), value added (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 8,776 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.