Industry (including construction), value added … LCU unit GDP current in Greenland
Greenland: Industry (including construction), value added … LCU unit GDP current was 1.27 current LCU per US$ of GDP in 2023. ▲ Rising
Industry (including construction), value added (current LCU), per in Greenland, 2003–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2023, industry (including construction), value added (current lcu), per in Greenland stood at 1.27 current LCU per US$ of GDP.
The figure is down 7.9% on the previous year and up 24.8% over ten years.
Over the whole period, industry (including construction), value added (current lcu), per in Greenland peaked at 1.38 current LCU per US$ of GDP in 2022 and was at its lowest, 0.8809 current LCU per US$ of GDP, in 2014.
That places Greenland 121st out of 207 countries with data for 2023, putting it 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 … LCU unit GDP current in Greenland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.964 current LCU per US$ of GDP | — |
| 2004 | 0.9412 current LCU per US$ of GDP | -2.4% |
| 2005 | 0.9742 current LCU per US$ of GDP | +3.5% |
| 2006 | 0.9944 current LCU per US$ of GDP | +2.1% |
| 2007 | 0.9137 current LCU per US$ of GDP | -8.1% |
| 2008 | 0.9287 current LCU per US$ of GDP | +1.6% |
| 2009 | 0.964 current LCU per US$ of GDP | +3.8% |
| 2010 | 1.02 current LCU per US$ of GDP | +5.5% |
| 2011 | 0.9696 current LCU per US$ of GDP | -4.7% |
| 2012 | 1.1 current LCU per US$ of GDP | +13.0% |
| 2013 | 1.02 current LCU per US$ of GDP | -7.0% |
| 2014 | 0.8809 current LCU per US$ of GDP | -13.5% |
| 2015 | 1.15 current LCU per US$ of GDP | +30.2% |
| 2016 | 1.19 current LCU per US$ of GDP | +3.8% |
| 2017 | 1.12 current LCU per US$ of GDP | -5.7% |
| 2018 | 1.15 current LCU per US$ of GDP | +2.4% |
| 2019 | 1.14 current LCU per US$ of GDP | -0.6% |
| 2020 | 1.35 current LCU per US$ of GDP | +18.2% |
| 2021 | 1.19 current LCU per US$ of GDP | -11.7% |
| 2022 | 1.38 current LCU per US$ of GDP | +15.7% |
| 2023 | 1.27 current LCU per US$ of GDP | -7.9% |
Greenland compared with similar countries
- Greenland's 1.27 current LCU per US$ of GDP is above the median for high income countries, which is 0.2508 current LCU per US$ of GDP, 5.1× the median. (77 countries reporting)
- Greenland's 1.27 current LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.3428 current LCU per US$ of GDP, 3.7× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9543 current LCU per US$ of GDP | 0.9137 current LCU per US$ of GDP | 0.9944 current LCU per US$ of GDP | 7 |
| 2010s | 1.07 current LCU per US$ of GDP | 0.8809 current LCU per US$ of GDP | 1.19 current LCU per US$ of GDP | 10 |
| 2020s | 1.3 current LCU per US$ of GDP | 1.19 current LCU per US$ of GDP | 1.38 current LCU per US$ of GDP | 4 |
Countries ranked near Greenland
- 118 Maldives 1.44 current LCU per US$ of GDP compare
- 119 Papua New Guinea 1.41 current LCU per US$ of GDP compare
- 120 Peru 1.29 current LCU per US$ of GDP compare
- 122 Faroe Islands 1.26 current LCU per US$ of GDP compare
- 123 South Sudan 1.19 current LCU per US$ of GDP compare
- 124 Romania 1.13 current 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 (current lcu), per in Greenland?
- Industry (including construction), value added (current lcu), per in Greenland was 1.27 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest industry (including construction), value added (current lcu), per recorded in Greenland?
- The highest recorded value was 1.38 current LCU per US$ of GDP in 2022.
- What is the lowest industry (including construction), value added (current lcu), per recorded in Greenland?
- The lowest recorded value was 0.8809 current LCU per US$ of GDP in 2014.
- How does Greenland rank for industry (including construction), value added (current lcu), per?
- Greenland ranks 121st out of 207 countries with data for 2023.
- Is industry (including construction), value added (current lcu), per rising or falling in Greenland?
- Over the last ten years it is up 24.8%. 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 (current 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (current LCU) ÷ GDP (current US$)
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 (current 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.