Taxes less subsidies on products (current LCU), per unit of GDP in Greenland
Greenland: Taxes less subsidies on products (current LCU), per unit of GDP was 0.2761 current LCU per US$ of GDP in 2023. ▲ Rising
Taxes less subsidies on products (current LCU), per unit of GDP in Greenland, 2003–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2023, taxes less subsidies on products (current lcu), per unit of gdp in Greenland stood at 0.2761 current LCU per US$ of GDP.
Compared with earlier readings it is down 0.5% on the previous year and up 67.5% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Greenland peaked at 0.2776 current LCU per US$ of GDP in 2022 and was at its lowest, 0.1499 current LCU per US$ of GDP, in 2003.
Greenland ranks 125th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP in Greenland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.1499 current LCU per US$ of GDP | — |
| 2004 | 0.1512 current LCU per US$ of GDP | +0.9% |
| 2005 | 0.1848 current LCU per US$ of GDP | +22.2% |
| 2006 | 0.1863 current LCU per US$ of GDP | +0.8% |
| 2007 | 0.1887 current LCU per US$ of GDP | +1.3% |
| 2008 | 0.1772 current LCU per US$ of GDP | -6.1% |
| 2009 | 0.1685 current LCU per US$ of GDP | -4.9% |
| 2010 | 0.1628 current LCU per US$ of GDP | -3.4% |
| 2011 | 0.1556 current LCU per US$ of GDP | -4.4% |
| 2012 | 0.1881 current LCU per US$ of GDP | +20.9% |
| 2013 | 0.1648 current LCU per US$ of GDP | -12.4% |
| 2014 | 0.1916 current LCU per US$ of GDP | +16.2% |
| 2015 | 0.2005 current LCU per US$ of GDP | +4.6% |
| 2016 | 0.2335 current LCU per US$ of GDP | +16.4% |
| 2017 | 0.2236 current LCU per US$ of GDP | -4.2% |
| 2018 | 0.2524 current LCU per US$ of GDP | +12.9% |
| 2019 | 0.2567 current LCU per US$ of GDP | +1.7% |
| 2020 | 0.2422 current LCU per US$ of GDP | -5.7% |
| 2021 | 0.2289 current LCU per US$ of GDP | -5.5% |
| 2022 | 0.2776 current LCU per US$ of GDP | +21.3% |
| 2023 | 0.2761 current LCU per US$ of GDP | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1724 current LCU per US$ of GDP | 0.1499 current LCU per US$ of GDP | 0.1887 current LCU per US$ of GDP | 7 |
| 2010s | 0.203 current LCU per US$ of GDP | 0.1556 current LCU per US$ of GDP | 0.2567 current LCU per US$ of GDP | 10 |
| 2020s | 0.2562 current LCU per US$ of GDP | 0.2289 current LCU per US$ of GDP | 0.2776 current LCU per US$ of GDP | 4 |
Countries ranked near Greenland
- 122 Antigua and Barbuda 0.3154 current LCU per US$ of GDP compare
- 123 Belize 0.3008 current LCU per US$ of GDP compare
- 124 Bosnia and Herzegovina 0.2847 current LCU per US$ of GDP compare
- 126 Peru 0.2757 current LCU per US$ of GDP compare
- 127 Curaçao 0.2728 current LCU per US$ of GDP compare
- 128 Aruba 0.2299 current LCU per US$ of GDP compare
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 taxes less subsidies on products (current lcu), per unit of gdp in Greenland?
- Taxes less subsidies on products (current lcu), per unit of gdp in Greenland was 0.2761 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Greenland?
- The highest recorded value was 0.2776 current LCU per US$ of GDP in 2022.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Greenland?
- The lowest recorded value was 0.1499 current LCU per US$ of GDP in 2003.
- How does Greenland rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Greenland ranks 125th out of 197 countries with data for 2023.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is up 67.5%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- 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
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.