Industry (including construction), value added (current US$), per in Greenland
Greenland: Industry (including construction), value added (current US$), per was 0.1845 current US$ per US$ of GDP in 2023. ▲ Rising
Industry (including construction), value added (current US$), per in Greenland, 2003–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2023, industry (including construction), value added (current us$), per in Greenland stood at 0.1845 current US$ per US$ of GDP.
That represents a change of down 5.5% on the previous year and up 1.7% over ten years.
Over the whole period, industry (including construction), value added (current us$), per in Greenland peaked at 0.2066 current US$ per US$ of GDP in 2020 and was at its lowest, 0.1463 current US$ per US$ of GDP, in 2003.
That places Greenland 140th 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 (current US$), per in Greenland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.1463 current US$ per US$ of GDP | — |
| 2004 | 0.1571 current US$ per US$ of GDP | +7.4% |
| 2005 | 0.1624 current US$ per US$ of GDP | +3.4% |
| 2006 | 0.1672 current US$ per US$ of GDP | +2.9% |
| 2007 | 0.1678 current US$ per US$ of GDP | +0.4% |
| 2008 | 0.1822 current US$ per US$ of GDP | +8.5% |
| 2009 | 0.1798 current US$ per US$ of GDP | -1.3% |
| 2010 | 0.1808 current US$ per US$ of GDP | +0.6% |
| 2011 | 0.1806 current US$ per US$ of GDP | -0.1% |
| 2012 | 0.1891 current US$ per US$ of GDP | +4.7% |
| 2013 | 0.1813 current US$ per US$ of GDP | -4.1% |
| 2014 | 0.157 current US$ per US$ of GDP | -13.4% |
| 2015 | 0.1705 current US$ per US$ of GDP | +8.6% |
| 2016 | 0.1769 current US$ per US$ of GDP | +3.8% |
| 2017 | 0.1701 current US$ per US$ of GDP | -3.8% |
| 2018 | 0.1821 current US$ per US$ of GDP | +7.1% |
| 2019 | 0.1714 current US$ per US$ of GDP | -5.9% |
| 2020 | 0.2066 current US$ per US$ of GDP | +20.5% |
| 2021 | 0.1898 current US$ per US$ of GDP | -8.1% |
| 2022 | 0.1951 current US$ per US$ of GDP | +2.8% |
| 2023 | 0.1845 current US$ per US$ of GDP | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1661 current US$ per US$ of GDP | 0.1463 current US$ per US$ of GDP | 0.1822 current US$ per US$ of GDP | 7 |
| 2010s | 0.176 current US$ per US$ of GDP | 0.157 current US$ per US$ of GDP | 0.1891 current US$ per US$ of GDP | 10 |
| 2020s | 0.194 current US$ per US$ of GDP | 0.1845 current US$ per US$ of GDP | 0.2066 current US$ per US$ of GDP | 4 |
Countries ranked near Greenland
- 137 Latvia 0.1868 current US$ per US$ of GDP compare
- 138 Belgium 0.1861 current US$ per US$ of GDP compare
- 139 Georgia 0.186 current US$ per US$ of GDP compare
- 141 Faroe Islands 0.183 current US$ per US$ of GDP compare
- 142 Portugal 0.1825 current US$ per US$ of GDP compare
- 143 Burundi 0.1823 current US$ per US$ of GDP compare
More economy & growth data for Greenland
- Taxes less subsidies on products (current LCU), annual growth rate 4.97 % change on previous year (2023)
- GDP (current LCU), per unit of GDP 6.89 current LCU per US$ of GDP (2023)
- GDP (current LCU), per capita 403,041 current LCU per person (2023)
- Taxes less subsidies on products (current LCU), per capita 16,154 current LCU per person (2023)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2761 current LCU per US$ of GDP (2023)
- GDP (constant 2015 US$), annual growth rate 0.8661 % change on previous year (2023)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0401 current US$ per US$ of GDP (2023)
- Taxes less subsidies on products (current US$), annual growth rate 7.81 % change on previous year (2023)
- GDP (constant 2015 US$), per unit of GDP 0.8535 constant 2015 US$ per US$ of GDP (2023)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1055 (2016)
Frequently asked questions
- What is industry (including construction), value added (current us$), per in Greenland?
- Industry (including construction), value added (current us$), per in Greenland was 0.1845 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest industry (including construction), value added (current us$), per recorded in Greenland?
- The highest recorded value was 0.2066 current US$ per US$ of GDP in 2020.
- What is the lowest industry (including construction), value added (current us$), per recorded in Greenland?
- The lowest recorded value was 0.1463 current US$ per US$ of GDP in 2003.
- How does Greenland rank for industry (including construction), value added (current us$), per?
- Greenland ranks 140th out of 207 countries with data for 2023.
- Is industry (including construction), value added (current us$), per rising or falling in Greenland?
- Over the last ten years it is up 1.7%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Industry (including construction), value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (current US$) ÷ GDP (current US$)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.