Manufacturing value added to gdp in Greenland
Greenland: Manufacturing value added to gdp was 2.72 in 2023. ▼ Falling
Latest (2023)
2.72
Change on year
down 33.5%
World rank
180th
of 202 countries
All-time high
8.31
in 2005
All-time low
1.99
in 2021
Years of data
21
2003–2023
Manufacturing value added to gdp in Greenland, 2003–2023
Source: Our World in Data.
Analysis
The most recent figure for manufacturing value added to gdp in Greenland is 2.72, measured in 2023.
That represents a change of down 33.5% on the previous year and down 46.3% over ten years.
Over the whole period, manufacturing value added to gdp in Greenland peaked at 8.31 in 2005 and was at its lowest, 1.99, in 2021.
That places Greenland 180th out of 202 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 to gdp in Greenland, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 6.48 | — |
| 2004 | 7.94 | +22.5% |
| 2005 | 8.31 | +4.7% |
| 2006 | 6.98 | -16.1% |
| 2007 | 5.83 | -16.4% |
| 2008 | 6.1 | +4.6% |
| 2009 | 4.73 | -22.4% |
| 2010 | 4.34 | -8.2% |
| 2011 | 5.31 | +22.2% |
| 2012 | 5.19 | -2.3% |
| 2013 | 5.07 | -2.3% |
| 2014 | 4.36 | -13.9% |
| 2015 | 4.06 | -7.0% |
| 2016 | 4.57 | +12.7% |
| 2017 | 2.54 | -44.6% |
| 2018 | 5.13 | +102.2% |
| 2019 | 3.32 | -35.2% |
| 2020 | 2.88 | -13.2% |
| 2021 | 1.99 | -31.2% |
| 2022 | 4.1 | +106.3% |
| 2023 | 2.72 | -33.5% |
Greenland compared with similar countries
- Greenland's 2.72 is below the median for high income countries, which is 9.49, 29% of the median. (75 countries reporting)
- Greenland's 2.72 is below the median for Europe & Central Asia, which is 12.03, 23% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.63 | 4.73 | 8.31 | 7 |
| 2010s | 4.39 | 2.54 | 5.31 | 10 |
| 2020s | 2.92 | 1.99 | 4.1 | 4 |
Countries ranked near Greenland
More economy & growth data for Greenland
- General government final consumption expenditure (constant 2015 US$) 0.367 constant 2015 US$ per US$ of GDP (2023)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2023)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.3182 % change on previous year (2023)
- Gross national expenditure (current 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)
- Gross national expenditure (current US$), per capita 64,520 current US$ per person (2023)
- General government final consumption expenditure (constant 2015 US$) 21,468 constant 2015 US$ per person (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Gross national expenditure (constant 2015 US$), per unit of GDP 1 constant 2015 US$ per US$ of GDP (2023)
- Gross national expenditure (current LCU), annual growth rate 1.37 % change on previous year (2023)
Frequently asked questions
- What is manufacturing value added to gdp in Greenland?
- Manufacturing value added to gdp in Greenland was 2.72 in 2023, according to Our World in Data.
- What is the highest manufacturing value added to gdp recorded in Greenland?
- The highest recorded value was 8.31 in 2005.
- What is the lowest manufacturing value added to gdp recorded in Greenland?
- The lowest recorded value was 1.99 in 2021.
- How does Greenland rank for manufacturing value added to gdp?
- Greenland ranks 180th out of 202 countries with data for 2023.
- Is manufacturing value added to 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 Our World in Data, published as part of Manufacturing value added to gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (Our World in Data).