Industry (including construction) … current LCU rate annual growth in Greenland
Greenland: Industry (including construction) … current LCU rate annual growth was -2.86 % change on previous year in 2023. ◆ Volatile
Industry (including construction), value added (current LCU), annual in Greenland, 2004–2023
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) … current LCU rate annual growth in Greenland, year by year
| 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% |
Greenland compared with similar countries
- Greenland's -2.86 % change on previous year is below the median for high income countries, which is 3.19 % change on previous year. (77 countries reporting)
- Greenland's -2.86 % change on previous year is below the median for Europe & Central Asia, which is 3.58 % change on previous year. (56 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction) … current LCU rate annual growth in Greenland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | +1636.7% | -0.6329 % change on previous year | 9.73 % change on previous year |
| 2020 | +975.9% | -2.49 % change on previous year | 21.83 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 182 Montenegro -1.24 % change on previous year compare
- 183 Botswana -1.37 % change on previous year compare
- 184 Norway -1.8 % change on previous year compare
- 186 Australia -2.99 % change on previous year compare
- 187 Saudi Arabia -3.14 % change on previous year compare
- 188 Qatar -3.26 % change on previous year 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 (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.
Download this data
CSV · JSON — 20 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.