Value Added (Total Manufacturing) — Value Standard Local Currency in Greenland
Greenland: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0086 million SLC per person in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Greenland, 1970–2023
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Greenland stood at 0.0086 million SLC per person.
That represents a change of up 9.9% on the previous year and down 6.5% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Greenland peaked at 0.0144 million SLC per person in 2016 and was at its lowest, 0.0054 million SLC per person, in 1970.
Greenland ranks 91st of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Greenland, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0054 million SLC per person | — |
| 1971 | 0.006 million SLC per person | +11.1% |
| 1972 | 0.0062 million SLC per person | +3.8% |
| 1973 | 0.0065 million SLC per person | +5.3% |
| 1974 | 0.0068 million SLC per person | +4.6% |
| 1975 | 0.0068 million SLC per person | +0.4% |
| 1976 | 0.0072 million SLC per person | +5.7% |
| 1977 | 0.0079 million SLC per person | +9.5% |
| 1978 | 0.0084 million SLC per person | +6.4% |
| 1979 | 0.0088 million SLC per person | +4.0% |
| 1980 | 0.0094 million SLC per person | +7.4% |
| 1981 | 0.0093 million SLC per person | -0.9% |
| 1982 | 0.0088 million SLC per person | -5.3% |
| 1983 | 0.009 million SLC per person | +2.3% |
| 1984 | 0.0085 million SLC per person | -6.3% |
| 1985 | 0.0087 million SLC per person | +2.7% |
| 1986 | 0.0092 million SLC per person | +6.5% |
| 1987 | 0.0096 million SLC per person | +4.3% |
| 1988 | 0.0101 million SLC per person | +4.3% |
| 1989 | 0.0106 million SLC per person | +5.7% |
| 1990 | 0.0093 million SLC per person | -12.2% |
| 1991 | 0.0093 million SLC per person | +0.1% |
| 1992 | 0.0089 million SLC per person | -4.8% |
| 1993 | 0.0085 million SLC per person | -4.8% |
| 1994 | 0.0089 million SLC per person | +5.3% |
| 1995 | 0.0092 million SLC per person | +3.2% |
| 1996 | 0.0093 million SLC per person | +1.6% |
| 1997 | 0.0094 million SLC per person | +0.7% |
| 1998 | 0.0102 million SLC per person | +7.9% |
| 1999 | 0.0104 million SLC per person | +2.4% |
| 2000 | 0.0108 million SLC per person | +3.8% |
| 2001 | 0.0112 million SLC per person | +3.8% |
| 2002 | 0.0114 million SLC per person | +1.9% |
| 2003 | 0.0097 million SLC per person | -15.0% |
| 2004 | 0.0119 million SLC per person | +22.8% |
| 2005 | 0.0128 million SLC per person | +7.4% |
| 2006 | 0.0067 million SLC per person | -47.6% |
| 2007 | 0.0082 million SLC per person | +22.0% |
| 2008 | 0.0102 million SLC per person | +24.3% |
| 2009 | 0.007 million SLC per person | -31.6% |
| 2010 | 0.0066 million SLC per person | -5.1% |
| 2011 | 0.0079 million SLC per person | +19.6% |
| 2012 | 0.0087 million SLC per person | +10.3% |
| 2013 | 0.0092 million SLC per person | +5.0% |
| 2014 | 0.0134 million SLC per person | +46.2% |
| 2015 | 0.0122 million SLC per person | -9.2% |
| 2016 | 0.0144 million SLC per person | +18.5% |
| 2017 | 0.006 million SLC per person | -58.7% |
| 2018 | 0.0066 million SLC per person | +10.9% |
| 2019 | 0.0059 million SLC per person | -11.4% |
| 2020 | 0.0072 million SLC per person | +22.9% |
| 2021 | 0.0075 million SLC per person | +3.7% |
| 2022 | 0.0078 million SLC per person | +4.5% |
| 2023 | 0.0086 million SLC per person | +9.9% |
Greenland compared with similar countries
- Greenland's 0.0086 million SLC per person is above the median for high income countries, which is 0.0052 million SLC per person, 1.6× the median. (73 countries reporting)
- Greenland's 0.0086 million SLC per person is above the median for Europe & Central Asia, which is 0.0064 million SLC per person, 1.3× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Greenland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | -58.7% | 0.0144 million SLC per person | 0.006 million SLC per person |
| 2006 | -47.6% | 0.0128 million SLC per person | 0.0067 million SLC per person |
| 2014 | +46.2% | 0.0092 million SLC per person | 0.0134 million SLC per person |
| 2009 | -31.6% | 0.0102 million SLC per person | 0.007 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.007 million SLC per person | 0.0054 million SLC per person | 0.0088 million SLC per person | 10 |
| 1980s | 0.0093 million SLC per person | 0.0085 million SLC per person | 0.0106 million SLC per person | 10 |
| 1990s | 0.0093 million SLC per person | 0.0085 million SLC per person | 0.0104 million SLC per person | 10 |
| 2000s | 0.01 million SLC per person | 0.0067 million SLC per person | 0.0128 million SLC per person | 10 |
| 2010s | 0.0091 million SLC per person | 0.0059 million SLC per person | 0.0144 million SLC per person | 10 |
| 2020s | 0.0078 million SLC per person | 0.0072 million SLC per person | 0.0086 million SLC per person | 4 |
Countries ranked near Greenland
- 88 Nicaragua 0.0092 million SLC per person compare
- 89 Honduras 0.0088 million SLC per person compare
- 90 Vanuatu 0.0086 million SLC per person compare
- 92 South Africa 0.0083 million SLC per person compare
- 93 Germany 0.0081 million SLC per person compare
- 94 Austria 0.0079 million SLC per person 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 value added (total manufacturing) — value standard local currency in Greenland?
- Value added (total manufacturing) — value standard local currency in Greenland was 0.0086 million SLC per person in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Greenland?
- The highest recorded value was 0.0144 million SLC per person in 2016.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Greenland?
- The lowest recorded value was 0.0054 million SLC per person in 1970.
- How does Greenland rank for value added (total manufacturing) — value standard local currency?
- Greenland ranks 91st out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Greenland?
- Over the last ten years it is down 6.5%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.