Value of imported goods as a share of GDP in Greenland
Greenland: Value of imported goods as a share of GDP was 38.0% in 2014. ▼ Falling
Latest (2014)
38.0%
Change on year
down 1.5%
World rank
100th
of 193 countries
All-time high
77.7%
in 1970
All-time low
32.3%
in 2003
Years of data
45
1970–2014
Value of imported goods as a share of GDP in Greenland, 1970–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for value of imported goods as a share of gdp in Greenland is 38.0%, measured in 2014.
The figure is down 1.5% on the previous year and up 2.4% over ten years.
Over the whole period, value of imported goods as a share of gdp in Greenland peaked at 77.7% in 1970 and was at its lowest, 32.3%, in 2003.
Greenland ranks 100th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 45 years of available data.
Value of imported goods as a share of GDP in Greenland, year by year
| Year | % | Change |
|---|---|---|
| 1970 | 77.7% | — |
| 1971 | 69.0% | -11.2% |
| 1972 | 69.8% | +1.2% |
| 1973 | 68.1% | -2.5% |
| 1974 | 62.1% | -8.8% |
| 1975 | 62.3% | +0.3% |
| 1976 | 59.4% | -4.6% |
| 1977 | 56.7% | -4.6% |
| 1978 | 50.6% | -10.6% |
| 1979 | 65.2% | +28.8% |
| 1980 | 71.6% | +9.7% |
| 1981 | 67.7% | -5.5% |
| 1982 | 67.9% | +0.4% |
| 1983 | 62.1% | -8.6% |
| 1984 | 73.6% | +18.6% |
| 1985 | 73.0% | -0.9% |
| 1986 | 62.0% | -15.1% |
| 1987 | 64.8% | +4.5% |
| 1988 | 56.8% | -12.3% |
| 1989 | 65.0% | +14.4% |
| 1990 | 42.7% | -34.3% |
| 1991 | 39.6% | -7.2% |
| 1992 | 43.7% | +10.2% |
| 1993 | 37.3% | -14.5% |
| 1994 | 38.9% | +4.3% |
| 1995 | 34.8% | -10.5% |
| 1996 | 38.9% | +11.8% |
| 1997 | 35.2% | -9.6% |
| 1998 | 34.6% | -1.9% |
| 1999 | 39.2% | +13.3% |
| 2000 | 38.7% | -1.3% |
| 2001 | 38.9% | +0.6% |
| 2002 | 38.0% | -2.4% |
| 2003 | 32.3% | -14.9% |
| 2004 | 37.1% | +15.0% |
| 2005 | 44.1% | +18.7% |
| 2006 | 39.3% | -10.8% |
| 2007 | 40.1% | +2.0% |
| 2008 | 46.2% | +15.1% |
| 2009 | 32.6% | -29.3% |
| 2010 | 40.9% | +25.2% |
| 2011 | 42.2% | +3.3% |
| 2012 | 39.2% | -7.1% |
| 2013 | 38.6% | -1.5% |
| 2014 | 38.0% | -1.5% |
Greenland compared with similar countries
- Greenland's 38.0% is above the median for high income countries, which is 38.0%, 1.0× the median. (67 countries reporting)
- Greenland's 38.0% is below the median for Europe & Central Asia, which is 39.4%, 96% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 64.1% | 50.6% | 77.7% | 10 |
| 1980s | 66.4% | 56.8% | 73.6% | 10 |
| 1990s | 38.5% | 34.6% | 43.7% | 10 |
| 2000s | 38.7% | 32.3% | 46.2% | 10 |
| 2010s | 39.8% | 38.0% | 42.2% | 5 |
Countries ranked near Greenland
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 value of imported goods as a share of gdp in Greenland?
- Value of imported goods as a share of gdp in Greenland was 38.0% in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Greenland?
- The highest recorded value was 77.7% in 1970.
- What is the lowest value of imported goods as a share of gdp recorded in Greenland?
- The lowest recorded value was 32.3% in 2003.
- How does Greenland rank for value of imported goods as a share of gdp?
- Greenland ranks 100th out of 193 countries with data for 2014.
- Is value of imported goods as a share of gdp rising or falling in Greenland?
- Over the last ten years it is up 2.4%. The long-run trend across the full record is falling.
- Where does this Greenland data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Estimates correspond to merchandise import-to-GDP ratios for countries and regions. All ratios are taken at current prices. See source for more details.