Services, value added (constant 2015 US$), per unit of GDP in Greenland
Greenland: Services, value added (constant 2015 US$), per unit of GDP was 0.5256 constant 2015 US$ per US$ of GDP in 2023. ▼ Falling
Services, value added (constant 2015 US$), per unit of GDP in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2023, services, value added (constant 2015 us$), per unit of gdp in Greenland stood at 0.5256 constant 2015 US$ per US$ of GDP.
Compared with earlier readings it is down 3.2% on the previous year and down 9.3% over ten years.
Over the whole period, services, value added (constant 2015 us$), per unit of gdp in Greenland peaked at 0.8061 constant 2015 US$ per US$ of GDP in 2003 and was at its lowest, 0.5081 constant 2015 US$ per US$ of GDP, in 2021.
Greenland ranks 73rd of 195 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.
Services, value added (constant 2015 US$), per unit of GDP in Greenland, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.8061 constant 2015 US$ per US$ of GDP | — |
| 2004 | 0.7164 constant 2015 US$ per US$ of GDP | -11.1% |
| 2005 | 0.7237 constant 2015 US$ per US$ of GDP | +1.0% |
| 2006 | 0.7125 constant 2015 US$ per US$ of GDP | -1.5% |
| 2007 | 0.6519 constant 2015 US$ per US$ of GDP | -8.5% |
| 2008 | 0.6024 constant 2015 US$ per US$ of GDP | -7.6% |
| 2009 | 0.6194 constant 2015 US$ per US$ of GDP | +2.8% |
| 2010 | 0.627 constant 2015 US$ per US$ of GDP | +1.2% |
| 2011 | 0.5816 constant 2015 US$ per US$ of GDP | -7.2% |
| 2012 | 0.5976 constant 2015 US$ per US$ of GDP | +2.7% |
| 2013 | 0.5793 constant 2015 US$ per US$ of GDP | -3.1% |
| 2014 | 0.5514 constant 2015 US$ per US$ of GDP | -4.8% |
| 2015 | 0.6294 constant 2015 US$ per US$ of GDP | +14.1% |
| 2016 | 0.5857 constant 2015 US$ per US$ of GDP | -6.9% |
| 2017 | 0.5596 constant 2015 US$ per US$ of GDP | -4.5% |
| 2018 | 0.5357 constant 2015 US$ per US$ of GDP | -4.3% |
| 2019 | 0.5618 constant 2015 US$ per US$ of GDP | +4.9% |
| 2020 | 0.5272 constant 2015 US$ per US$ of GDP | -6.1% |
| 2021 | 0.5081 constant 2015 US$ per US$ of GDP | -3.6% |
| 2022 | 0.543 constant 2015 US$ per US$ of GDP | +6.9% |
| 2023 | 0.5256 constant 2015 US$ per US$ of GDP | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6903 constant 2015 US$ per US$ of GDP | 0.6024 constant 2015 US$ per US$ of GDP | 0.8061 constant 2015 US$ per US$ of GDP | 7 |
| 2010s | 0.5809 constant 2015 US$ per US$ of GDP | 0.5357 constant 2015 US$ per US$ of GDP | 0.6294 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.526 constant 2015 US$ per US$ of GDP | 0.5081 constant 2015 US$ per US$ of GDP | 0.543 constant 2015 US$ per US$ of GDP | 4 |
Countries ranked near Greenland
- 70 Costa Rica 0.5269 constant 2015 US$ per US$ of GDP compare
- 71 Antigua and Barbuda 0.5263 constant 2015 US$ per US$ of GDP compare
- 72 Ecuador 0.5262 constant 2015 US$ per US$ of GDP compare
- 74 Norway 0.5247 constant 2015 US$ per US$ of GDP compare
- 75 Dominica 0.5215 constant 2015 US$ per US$ of GDP compare
- 76 Chile 0.5209 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Greenland
- Gross domestic savings (current US$), per capita 15,036 current US$ per person (2023)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1055 (2016)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 9.48 (2016)
- Domestic currency per US dollar (End-of-period (EoP)) 7.05 (2016)
- Gross domestic savings (current LCU), per capita 103,593 current LCU per person (2023)
- US dollar per domestic currency (End-of-period (EoP)) 0.1418 (2016)
- Gross domestic savings (current LCU), per unit of GDP 1.77 current LCU per US$ of GDP (2023)
- Gross domestic savings (current LCU), annual growth rate 1.36 % change on previous year (2023)
- Gdp worldbank constant usd, annual growth rate 0.8661 % change on previous year (2023)
- Gross domestic savings (current US$), annual growth rate 4.1 % change on previous year (2023)
Frequently asked questions
- What is services, value added (constant 2015 us$), per unit of gdp in Greenland?
- Services, value added (constant 2015 us$), per unit of gdp in Greenland was 0.5256 constant 2015 US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), per unit of gdp recorded in Greenland?
- The highest recorded value was 0.8061 constant 2015 US$ per US$ of GDP in 2003.
- What is the lowest services, value added (constant 2015 us$), per unit of gdp recorded in Greenland?
- The lowest recorded value was 0.5081 constant 2015 US$ per US$ of GDP in 2021.
- How does Greenland rank for services, value added (constant 2015 us$), per unit of gdp?
- Greenland ranks 73rd out of 195 countries with data for 2023.
- Is services, value added (constant 2015 us$), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is down 9.3%. 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 Services, value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.