Manufacturing, value added (constant LCU), per unit of GDP in Greenland
Greenland: Manufacturing, value added (constant LCU), per unit of GDP was 0.1578 constant LCU per US$ of GDP in 2023. ▼ Falling
Manufacturing, value added (constant LCU), per unit of GDP in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Greenland recorded 0.1578 constant LCU per US$ of GDP for manufacturing, value added (constant lcu), per unit of gdp in 2023.
The figure is down 19.4% on the previous year and down 50.0% over ten years.
Over the whole period, manufacturing, value added (constant lcu), per unit of gdp in Greenland peaked at 0.6447 constant LCU per US$ of GDP in 2005 and was at its lowest, 0.1032 constant LCU per US$ of GDP, in 2021.
Greenland ranks 123rd of 190 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Manufacturing, value added (constant LCU), per unit of GDP in Greenland, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.5781 constant LCU per US$ of GDP | — |
| 2004 | 0.6087 constant LCU per US$ of GDP | +5.3% |
| 2005 | 0.6447 constant LCU per US$ of GDP | +5.9% |
| 2006 | 0.3097 constant LCU per US$ of GDP | -52.0% |
| 2007 | 0.3369 constant LCU per US$ of GDP | +8.8% |
| 2008 | 0.3753 constant LCU per US$ of GDP | +11.4% |
| 2009 | 0.2537 constant LCU per US$ of GDP | -32.4% |
| 2010 | 0.2443 constant LCU per US$ of GDP | -3.7% |
| 2011 | 0.2742 constant LCU per US$ of GDP | +12.2% |
| 2012 | 0.3106 constant LCU per US$ of GDP | +13.3% |
| 2013 | 0.3153 constant LCU per US$ of GDP | +1.5% |
| 2014 | 0.434 constant LCU per US$ of GDP | +37.6% |
| 2015 | 0.4465 constant LCU per US$ of GDP | +2.9% |
| 2016 | 0.4892 constant LCU per US$ of GDP | +9.6% |
| 2017 | 0.1919 constant LCU per US$ of GDP | -60.8% |
| 2018 | 0.1981 constant LCU per US$ of GDP | +3.2% |
| 2019 | 0.1796 constant LCU per US$ of GDP | -9.4% |
| 2020 | 0.2126 constant LCU per US$ of GDP | +18.4% |
| 2021 | 0.1032 constant LCU per US$ of GDP | -51.4% |
| 2022 | 0.1957 constant LCU per US$ of GDP | +89.6% |
| 2023 | 0.1578 constant LCU per US$ of GDP | -19.4% |
Greenland compared with similar countries
- Greenland's 0.1578 constant LCU per US$ of GDP is above the median for high income countries, which is 0.1012 constant LCU per US$ of GDP, 1.6× the median. (67 countries reporting)
- Greenland's 0.1578 constant LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.1578 constant LCU per US$ of GDP, 1.0× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Manufacturing, value added (constant LCU), per unit of GDP 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 |
|---|---|---|---|
| 2022 | +89.6% | 0.1032 constant LCU per US$ of GDP | 0.1957 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4439 constant LCU per US$ of GDP | 0.2537 constant LCU per US$ of GDP | 0.6447 constant LCU per US$ of GDP | 7 |
| 2010s | 0.3084 constant LCU per US$ of GDP | 0.1796 constant LCU per US$ of GDP | 0.4892 constant LCU per US$ of GDP | 10 |
| 2020s | 0.1673 constant LCU per US$ of GDP | 0.1032 constant LCU per US$ of GDP | 0.2126 constant LCU per US$ of GDP | 4 |
Countries ranked near Greenland
- 120 Switzerland 0.1665 constant LCU per US$ of GDP compare
- 121 Bosnia and Herzegovina 0.1654 constant LCU per US$ of GDP compare
- 122 Argentina 0.1599 constant LCU per US$ of GDP compare
- 124 Georgia 0.1463 constant LCU per US$ of GDP compare
- 125 Slovenia 0.1357 constant LCU per US$ of GDP compare
- 126 Germany 0.1314 constant LCU per US$ of GDP compare
More economy & growth data for Greenland
- Final consumption expenditure (current LCU), per capita 299,448 current LCU per person (2023)
- Gross national expenditure (current US$), annual growth rate 4.12 % change on previous year (2023)
- Final consumption expenditure (constant 2015 US$), per capita 40,333 constant 2015 US$ per person (2023)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6895 constant 2015 US$ per US$ of GDP (2023)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.24 % change on previous year (2023)
- Final consumption expenditure (current LCU), annual growth rate 3.24 % change on previous year (2023)
- Final consumption expenditure (current US$), per unit of GDP 0.743 current US$ per US$ of GDP (2023)
- Final consumption expenditure (current US$), per capita 43,463 current US$ per person (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Final consumption expenditure (current LCU), per unit of GDP 5.12 current LCU per US$ of GDP (2023)
Frequently asked questions
- What is manufacturing, value added (constant lcu), per unit of gdp in Greenland?
- Manufacturing, value added (constant lcu), per unit of gdp in Greenland was 0.1578 constant LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant lcu), per unit of gdp recorded in Greenland?
- The highest recorded value was 0.6447 constant LCU per US$ of GDP in 2005.
- What is the lowest manufacturing, value added (constant lcu), per unit of gdp recorded in Greenland?
- The lowest recorded value was 0.1032 constant LCU per US$ of GDP in 2021.
- How does Greenland rank for manufacturing, value added (constant lcu), per unit of gdp?
- Greenland ranks 123rd out of 190 countries with data for 2023.
- Is manufacturing, value added (constant lcu), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is down 50.0%. The long-run trend across the full record is falling.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of Manufacturing, value added (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Manufacturing, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (constant LCU) ÷ GDP (current US$)
Computed from
- Manufacturing, 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
Manufacturing, 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.