Taxes less subsidies on products (current US$) in Greenland
Greenland: Taxes less subsidies on products (current US$) 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$, in 2003.
That places Greenland 173rd out of 199 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Taxes less subsidies on products (current US$) 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% |
Greenland compared with similar countries
- Greenland's 133.33 million current US$ is below the median for high income countries, which is 9.71 billion current US$, 1% of the median. (74 countries reporting)
- Greenland's 133.33 million current US$ is below the median for Europe & Central Asia, which is 14.66 billion current US$, 1% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63.70 million current US$ | 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
- 170 Saint Kitts and Nevis 150.69 million current US$ compare
- 171 San Marino 148.47 million current US$ compare
- 172 Liberia 148.31 million current US$ compare
- 174 Vanuatu 132.76 million current US$ compare
- 175 Dominica 119.90 million current US$ compare
- 176 Equatorial Guinea 118.14 million current US$ 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 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 173rd out of 199 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.