Taxes less subsidies on products (current US$), per unit of GDP in Greenland
Greenland: Taxes less subsidies on products (current US$), per unit of GDP was 0.0401 current US$ per US$ of GDP in 2023. ▲ Rising
Taxes less subsidies on products (current US$), per unit of GDP in Greenland, 2003–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2023, taxes less subsidies on products (current us$), per unit of gdp in Greenland stood at 0.0401 current US$ per US$ of GDP. That is the highest value across all 21 years on record.
The figure is up 2.2% on the previous year and up 36.6% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Greenland peaked at 0.0401 current US$ per US$ of GDP in 2023 and was at its lowest, 0.0227 current US$ per US$ of GDP, in 2003.
Greenland ranks 157th of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Taxes less subsidies on products (current US$), per unit of GDP in Greenland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.0227 current US$ per US$ of GDP | — |
| 2004 | 0.0252 current US$ per US$ of GDP | +11.0% |
| 2005 | 0.0308 current US$ per US$ of GDP | +22.1% |
| 2006 | 0.0313 current US$ per US$ of GDP | +1.7% |
| 2007 | 0.0347 current US$ per US$ of GDP | +10.7% |
| 2008 | 0.0348 current US$ per US$ of GDP | +0.2% |
| 2009 | 0.0314 current US$ per US$ of GDP | -9.6% |
| 2010 | 0.029 current US$ per US$ of GDP | -7.9% |
| 2011 | 0.029 current US$ per US$ of GDP | +0.1% |
| 2012 | 0.0325 current US$ per US$ of GDP | +12.0% |
| 2013 | 0.0294 current US$ per US$ of GDP | -9.6% |
| 2014 | 0.0341 current US$ per US$ of GDP | +16.3% |
| 2015 | 0.0298 current US$ per US$ of GDP | -12.7% |
| 2016 | 0.0347 current US$ per US$ of GDP | +16.4% |
| 2017 | 0.0339 current US$ per US$ of GDP | -2.4% |
| 2018 | 0.04 current US$ per US$ of GDP | +18.1% |
| 2019 | 0.0385 current US$ per US$ of GDP | -3.7% |
| 2020 | 0.037 current US$ per US$ of GDP | -3.8% |
| 2021 | 0.0364 current US$ per US$ of GDP | -1.6% |
| 2022 | 0.0392 current US$ per US$ of GDP | +7.8% |
| 2023 | 0.0401 current US$ per US$ of GDP | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0301 current US$ per US$ of GDP | 0.0227 current US$ per US$ of GDP | 0.0348 current US$ per US$ of GDP | 7 |
| 2010s | 0.0331 current US$ per US$ of GDP | 0.029 current US$ per US$ of GDP | 0.04 current US$ per US$ of GDP | 10 |
| 2020s | 0.0382 current US$ per US$ of GDP | 0.0364 current US$ per US$ of GDP | 0.0401 current US$ per US$ of GDP | 4 |
Countries ranked near Greenland
- 154 Marshall Islands 0.0423 current US$ per US$ of GDP compare
- 155 Bahrain 0.0423 current US$ per US$ of GDP compare
- 156 Egypt 0.0408 current US$ per US$ of GDP compare
- 158 Yemen 0.04 current US$ per US$ of GDP compare
- 159 Congo, Democratic Republic of the 0.039 current US$ per US$ of GDP compare
- 160 Ethiopia 0.0381 current US$ 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 us$), per unit of gdp in Greenland?
- Taxes less subsidies on products (current us$), per unit of gdp in Greenland was 0.0401 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Greenland?
- The highest recorded value was 0.0401 current US$ per US$ of GDP in 2023.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Greenland?
- The lowest recorded value was 0.0227 current US$ per US$ of GDP in 2003.
- How does Greenland rank for taxes less subsidies on products (current us$), per unit of gdp?
- Greenland ranks 157th out of 197 countries with data for 2023.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is up 36.6%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.