Manufacturing, value added (current US$), per unit of GDP (unit GDP) in Greenland
Greenland: Manufacturing, value added (current US$), per unit of GDP (unit GDP) was 0.0272 current US$ per US$ of GDP in 2023. ▼ Falling
Manufacturing, value added (current US$), per unit of GDP in Greenland, 2003–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2023, manufacturing, value added (current us$), per unit of gdp in Greenland stood at 0.0272 current US$ per US$ of GDP.
The figure is down 33.5% on the previous year and down 46.3% over ten years.
Over the whole period, manufacturing, value added (current us$), per unit of gdp in Greenland peaked at 0.0831 current US$ per US$ of GDP in 2005 and was at its lowest, 0.0199 current US$ per US$ of GDP, in 2021.
That places Greenland 181st out of 203 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Manufacturing, value added (current US$), per unit of GDP (unit GDP) in Greenland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.0648 current US$ per US$ of GDP | — |
| 2004 | 0.0794 current US$ per US$ of GDP | +22.5% |
| 2005 | 0.0831 current US$ per US$ of GDP | +4.7% |
| 2006 | 0.0698 current US$ per US$ of GDP | -16.1% |
| 2007 | 0.0583 current US$ per US$ of GDP | -16.4% |
| 2008 | 0.061 current US$ per US$ of GDP | +4.6% |
| 2009 | 0.0473 current US$ per US$ of GDP | -22.4% |
| 2010 | 0.0434 current US$ per US$ of GDP | -8.2% |
| 2011 | 0.0531 current US$ per US$ of GDP | +22.2% |
| 2012 | 0.0519 current US$ per US$ of GDP | -2.3% |
| 2013 | 0.0507 current US$ per US$ of GDP | -2.3% |
| 2014 | 0.0436 current US$ per US$ of GDP | -13.9% |
| 2015 | 0.0406 current US$ per US$ of GDP | -7.0% |
| 2016 | 0.0457 current US$ per US$ of GDP | +12.7% |
| 2017 | 0.0254 current US$ per US$ of GDP | -44.6% |
| 2018 | 0.0513 current US$ per US$ of GDP | +102.2% |
| 2019 | 0.0332 current US$ per US$ of GDP | -35.2% |
| 2020 | 0.0288 current US$ per US$ of GDP | -13.2% |
| 2021 | 0.0199 current US$ per US$ of GDP | -31.2% |
| 2022 | 0.041 current US$ per US$ of GDP | +106.3% |
| 2023 | 0.0272 current US$ per US$ of GDP | -33.5% |
Greenland compared with similar countries
- Greenland's 0.0272 current US$ per US$ of GDP is below the median for high income countries, which is 0.0949 current US$ per US$ of GDP, 29% of the median. (75 countries reporting)
- Greenland's 0.0272 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.1224 current US$ per US$ of GDP, 22% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0663 current US$ per US$ of GDP | 0.0473 current US$ per US$ of GDP | 0.0831 current US$ per US$ of GDP | 7 |
| 2010s | 0.0439 current US$ per US$ of GDP | 0.0254 current US$ per US$ of GDP | 0.0531 current US$ per US$ of GDP | 10 |
| 2020s | 0.0292 current US$ per US$ of GDP | 0.0199 current US$ per US$ of GDP | 0.041 current US$ per US$ of GDP | 4 |
Countries ranked near Greenland
- 178 Andorra 0.0313 current US$ per US$ of GDP compare
- 179 Curacao 0.0292 current US$ per US$ of GDP compare
- 180 Libya 0.0281 current US$ per US$ of GDP compare
- 182 Antigua and Barbuda 0.0244 current US$ per US$ of GDP compare
- 183 Aruba 0.0236 current US$ per US$ of GDP compare
- 184 Liberia 0.0228 current US$ 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 us$), per unit of gdp in Greenland?
- Manufacturing, value added (current us$), per unit of gdp in Greenland was 0.0272 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest manufacturing, value added (current us$), per unit of gdp recorded in Greenland?
- The highest recorded value was 0.0831 current US$ per US$ of GDP in 2005.
- What is the lowest manufacturing, value added (current us$), per unit of gdp recorded in Greenland?
- The lowest recorded value was 0.0199 current US$ per US$ of GDP in 2021.
- How does Greenland rank for manufacturing, value added (current us$), per unit of gdp?
- Greenland ranks 181st out of 203 countries with data for 2023.
- Is manufacturing, value added (current us$), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is down 46.3%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Manufacturing, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (current US$) ÷ GDP (current US$)
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Manufacturing, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.