Taxes less subsidies on products in Greenland
Greenland: Taxes less subsidies on products was 133.33 million current US$ in 2023. ▲ Rising
Taxes less subsidies on products in Greenland, 2003–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Greenland recorded 133.33 million current US$ for taxes less subsidies on products in 2023. That is the highest value across all 21 years on record.
The figure is up 7.8% on the previous year and up 69.2% over ten years.
Over the whole period, taxes less subsidies on products in Greenland peaked at 133.33 million current US$ in 2023 and was at its lowest, 35.46 million current US$, in 2003.
That places Greenland 172nd out of 197 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Taxes less subsidies on products in Greenland, year by year
| Year | current US$ | Change |
|---|---|---|
| 2003 | 35.46 million current US$ | — |
| 2004 | 46.00 million current US$ | +29.7% |
| 2005 | 57.00 million current US$ | +23.9% |
| 2006 | 63.06 million current US$ | +10.6% |
| 2007 | 78.00 million current US$ | +23.7% |
| 2008 | 86.86 million current US$ | +11.4% |
| 2009 | 79.52 million current US$ | -8.4% |
| 2010 | 72.47 million current US$ | -8.9% |
| 2011 | 77.82 million current US$ | +7.4% |
| 2012 | 84.77 million current US$ | +8.9% |
| 2013 | 78.81 million current US$ | -7.0% |
| 2014 | 97.03 million current US$ | +23.1% |
| 2015 | 74.48 million current US$ | -23.2% |
| 2016 | 93.88 million current US$ | +26.1% |
| 2017 | 96.55 million current US$ | +2.8% |
| 2018 | 122.14 million current US$ | +26.5% |
| 2019 | 115.36 million current US$ | -5.6% |
| 2020 | 114.37 million current US$ | -0.9% |
| 2021 | 119.91 million current US$ | +4.8% |
| 2022 | 123.67 million current US$ | +3.1% |
| 2023 | 133.33 million current US$ | +7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63.70 million current US$ | 35.46 million current US$ | 86.86 million current US$ | 7 |
| 2010s | 91.33 million current US$ | 72.47 million current US$ | 122.14 million current US$ | 10 |
| 2020s | 122.82 million current US$ | 114.37 million current US$ | 133.33 million current US$ | 4 |
Countries ranked near Greenland
- 169 Saint Kitts and Nevis 150.69 million current US$ compare
- 170 San Marino 148.47 million current US$ compare
- 171 Liberia 148.31 million current US$ compare
- 173 Vanuatu 132.76 million current US$ compare
- 174 Dominica 119.90 million current US$ compare
- 175 Equatorial Guinea 118.14 million current US$ compare
More economy & growth data for Greenland
- GNI (current LCU), annual growth rate 12.79 % change on previous year (2007)
- Net primary income (Net income from abroad) (current LCU), annual 46.56 % change on previous year (2007)
- Net primary income (Net income from abroad) (current US$), annual 41.62 % change on previous year (2007)
- GNI (current LCU), per capita 196,570 current LCU per person (2007)
- GNI (current LCU), per unit of GDP 4.94 current LCU per US$ of GDP (2007)
- GNI (current US$), per unit of GDP 0.9077 current US$ per US$ of GDP (2007)
- GNI, Atlas method (current US$), per capita 34,797 current US$ per person (2007)
- GNI (current US$), annual growth rate 23.21 % change on previous year (2007)
- Taxes less subsidies on products (current US$), annual growth rate 7.81 % change on previous year (2023)
- GNI (current US$), per capita 36,110 current US$ per person (2007)
Frequently asked questions
- What is taxes less subsidies on products in Greenland?
- Taxes less subsidies on products in Greenland was 133.33 million current US$ in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Greenland?
- The highest recorded value was 133.33 million current US$ in 2023.
- What is the lowest taxes less subsidies on products recorded in Greenland?
- The lowest recorded value was 35.46 million current US$ in 2003.
- How does Greenland rank for taxes less subsidies on products?
- Greenland ranks 172nd out of 197 countries with data for 2023.
- Is taxes less subsidies on products rising or falling in Greenland?
- Over the last ten years it is up 69.2%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.