Manufacturing, value added (current LCU), per unit of GDP (current) in Greenland
Greenland: Manufacturing, value added (current LCU), per unit of GDP (current) was 0.1876 current LCU per US$ of GDP in 2023. ▼ Falling
Manufacturing, value added (current LCU), per unit of GDP in Greenland, 2003–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2023, manufacturing, value added (current lcu), per unit of gdp in Greenland stood at 0.1876 current LCU per US$ of GDP.
That represents a change of down 35.3% on the previous year and down 34.1% over ten years.
Over the whole period, manufacturing, value added (current lcu), per unit of gdp in Greenland peaked at 0.4985 current LCU per US$ of GDP in 2005 and was at its lowest, 0.1248 current LCU per US$ of GDP, in 2021.
Greenland ranks 131st of 203 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 (current LCU), per unit of GDP (current) in Greenland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.4271 current LCU per US$ of GDP | — |
| 2004 | 0.4758 current LCU per US$ of GDP | +11.4% |
| 2005 | 0.4985 current LCU per US$ of GDP | +4.8% |
| 2006 | 0.4149 current LCU per US$ of GDP | -16.8% |
| 2007 | 0.3173 current LCU per US$ of GDP | -23.5% |
| 2008 | 0.311 current LCU per US$ of GDP | -2.0% |
| 2009 | 0.2537 current LCU per US$ of GDP | -18.4% |
| 2010 | 0.2443 current LCU per US$ of GDP | -3.7% |
| 2011 | 0.285 current LCU per US$ of GDP | +16.7% |
| 2012 | 0.3005 current LCU per US$ of GDP | +5.4% |
| 2013 | 0.2847 current LCU per US$ of GDP | -5.3% |
| 2014 | 0.2449 current LCU per US$ of GDP | -14.0% |
| 2015 | 0.2731 current LCU per US$ of GDP | +11.5% |
| 2016 | 0.3079 current LCU per US$ of GDP | +12.7% |
| 2017 | 0.1674 current LCU per US$ of GDP | -45.6% |
| 2018 | 0.3238 current LCU per US$ of GDP | +93.4% |
| 2019 | 0.2215 current LCU per US$ of GDP | -31.6% |
| 2020 | 0.1887 current LCU per US$ of GDP | -14.8% |
| 2021 | 0.1248 current LCU per US$ of GDP | -33.8% |
| 2022 | 0.2898 current LCU per US$ of GDP | +132.2% |
| 2023 | 0.1876 current LCU per US$ of GDP | -35.3% |
Greenland compared with similar countries
- Greenland's 0.1876 current LCU per US$ of GDP is above the median for high income countries, which is 0.1299 current LCU per US$ of GDP, 1.4× the median. (75 countries reporting)
- Greenland's 0.1876 current LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.2138 current LCU per US$ of GDP, 88% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3855 current LCU per US$ of GDP | 0.2537 current LCU per US$ of GDP | 0.4985 current LCU per US$ of GDP | 7 |
| 2010s | 0.2653 current LCU per US$ of GDP | 0.1674 current LCU per US$ of GDP | 0.3238 current LCU per US$ of GDP | 10 |
| 2020s | 0.1977 current LCU per US$ of GDP | 0.1248 current LCU per US$ of GDP | 0.2898 current LCU per US$ of GDP | 4 |
Countries ranked near Greenland
- 128 Georgia 0.219 current LCU per US$ of GDP compare
- 129 Fiji 0.21 current LCU per US$ of GDP compare
- 130 Bosnia and Herzegovina 0.2086 current LCU per US$ of GDP compare
- 132 Slovenia 0.1646 current LCU per US$ of GDP compare
- 133 Switzerland 0.1573 current LCU per US$ of GDP compare
- 134 Germany 0.1559 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 manufacturing, value added (current lcu), per unit of gdp in Greenland?
- Manufacturing, value added (current lcu), per unit of gdp in Greenland was 0.1876 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest manufacturing, value added (current lcu), per unit of gdp recorded in Greenland?
- The highest recorded value was 0.4985 current LCU per US$ of GDP in 2005.
- What is the lowest manufacturing, value added (current lcu), per unit of gdp recorded in Greenland?
- The lowest recorded value was 0.1248 current LCU per US$ of GDP in 2021.
- How does Greenland rank for manufacturing, value added (current lcu), per unit of gdp?
- Greenland ranks 131st out of 203 countries with data for 2023.
- Is manufacturing, value added (current lcu), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is down 34.1%. 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 (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Manufacturing, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (current LCU) ÷ GDP (current US$)
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 (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.