Services, value added (current US$), per unit of GDP in Greenland
Greenland: Services, value added (current US$), per unit of GDP was 0.6099 current US$ per US$ of GDP in 2023. ▼ Falling
Services, 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, services, value added (current us$), per unit of gdp in Greenland stood at 0.6099 current US$ per US$ of GDP.
The figure is up 0.7% on the previous year and down 4.6% over ten years.
Over the whole period, services, value added (current us$), per unit of gdp in Greenland peaked at 0.6729 current US$ per US$ of GDP in 2009 and was at its lowest, 0.5936 current US$ per US$ of GDP, in 2018.
Greenland ranks 79th of 204 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 (current US$), per unit of GDP in Greenland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.6522 current US$ per US$ of GDP | — |
| 2004 | 0.6532 current US$ per US$ of GDP | +0.2% |
| 2005 | 0.6373 current US$ per US$ of GDP | -2.4% |
| 2006 | 0.639 current US$ per US$ of GDP | +0.3% |
| 2007 | 0.6542 current US$ per US$ of GDP | +2.4% |
| 2008 | 0.6358 current US$ per US$ of GDP | -2.8% |
| 2009 | 0.6729 current US$ per US$ of GDP | +5.8% |
| 2010 | 0.6562 current US$ per US$ of GDP | -2.5% |
| 2011 | 0.6446 current US$ per US$ of GDP | -1.8% |
| 2012 | 0.6165 current US$ per US$ of GDP | -4.4% |
| 2013 | 0.639 current US$ per US$ of GDP | +3.7% |
| 2014 | 0.6356 current US$ per US$ of GDP | -0.5% |
| 2015 | 0.6294 current US$ per US$ of GDP | -1.0% |
| 2016 | 0.6043 current US$ per US$ of GDP | -4.0% |
| 2017 | 0.6055 current US$ per US$ of GDP | +0.2% |
| 2018 | 0.5936 current US$ per US$ of GDP | -2.0% |
| 2019 | 0.6053 current US$ per US$ of GDP | +2.0% |
| 2020 | 0.5991 current US$ per US$ of GDP | -1.0% |
| 2021 | 0.6214 current US$ per US$ of GDP | +3.7% |
| 2022 | 0.6054 current US$ per US$ of GDP | -2.6% |
| 2023 | 0.6099 current US$ per US$ of GDP | +0.7% |
Greenland compared with similar countries
- Greenland's 0.6099 current US$ per US$ of GDP is below the median for high income countries, which is 0.6616 current US$ per US$ of GDP, 92% of the median. (77 countries reporting)
- Greenland's 0.6099 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.614 current US$ per US$ of GDP, 99% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6492 current US$ per US$ of GDP | 0.6358 current US$ per US$ of GDP | 0.6729 current US$ per US$ of GDP | 7 |
| 2010s | 0.623 current US$ per US$ of GDP | 0.5936 current US$ per US$ of GDP | 0.6562 current US$ per US$ of GDP | 10 |
| 2020s | 0.609 current US$ per US$ of GDP | 0.5991 current US$ per US$ of GDP | 0.6214 current US$ per US$ of GDP | 4 |
Countries ranked near Greenland
- 76 Moldova 0.6146 current US$ per US$ of GDP compare
- 77 Armenia 0.6134 current US$ per US$ of GDP compare
- 78 Ukraine 0.6099 current US$ per US$ of GDP compare
- 80 Croatia 0.6093 current US$ per US$ of GDP compare
- 81 Czechia 0.608 current US$ per US$ of GDP compare
- 82 Palestine 0.6021 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 services, value added (current us$), per unit of gdp in Greenland?
- Services, value added (current us$), per unit of gdp in Greenland was 0.6099 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest services, value added (current us$), per unit of gdp recorded in Greenland?
- The highest recorded value was 0.6729 current US$ per US$ of GDP in 2009.
- What is the lowest services, value added (current us$), per unit of gdp recorded in Greenland?
- The lowest recorded value was 0.5936 current US$ per US$ of GDP in 2018.
- How does Greenland rank for services, value added (current us$), per unit of gdp?
- Greenland ranks 79th out of 204 countries with data for 2023.
- Is services, value added (current us$), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is down 4.6%. 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 (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.