Value Added (Total Manufacturing) — Value US$, annual growth rate in Greenland

Greenland: Value Added (Total Manufacturing) — Value US$, annual growth rate was 2.62 % change on previous year in 2023. ◆ Volatile

Latest (2023)
2.62 % change on previous year
Change on year
up 768.2%
World rank
143rd
of 236 countries
All-time high
116.66 % change on previous year
in 2018
All-time low
-41.6 % change on previous year
in 2017
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value US$, annual growth rate in Greenland, 1971–2023

-50050100197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, value added (total manufacturing) — value us$, annual growth rate in Greenland stood at 2.62 % change on previous year.

The figure is up 768.2% on the previous year and up 403.5% over ten years.

Over the whole period, value added (total manufacturing) — value us$, annual growth rate in Greenland peaked at 116.66 % change on previous year in 2018 and was at its lowest, -41.6 % change on previous year, in 2017.

That places Greenland 143rd out of 236 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value US$, annual growth rate in Greenland, year by year

Annual values for Value Added (Total Manufacturing) — Value US$, annual growth rate in Greenland, 1971 to 2023.
Year % change on previous year Change
1971 27.4 % change on previous year
1972 19.79 % change on previous year -27.8%
1973 32.09 % change on previous year +62.2%
1974 21.24 % change on previous year -33.8%
1975 24.29 % change on previous year +14.4%
1976 14.01 % change on previous year -42.3%
1977 17.23 % change on previous year +23.0%
1978 26.12 % change on previous year +51.6%
1979 18.16 % change on previous year -30.5%
1980 13.17 % change on previous year -27.5%
1981 -8.47 % change on previous year -164.3%
1982 -7.65 % change on previous year -9.6%
1983 3.42 % change on previous year -144.7%
1984 -8.84 % change on previous year -358.3%
1985 8.83 % change on previous year -199.9%
1986 46.05 % change on previous year +421.4%
1987 30.58 % change on previous year -33.6%
1988 14.12 % change on previous year -53.8%
1989 3.47 % change on previous year -75.4%
1990 9.6 % change on previous year +177.0%
1991 -0.2566 % change on previous year -102.7%
1992 2.1 % change on previous year -917.2%
1993 -10.61 % change on previous year -606.0%
1994 8.39 % change on previous year -179.0%
1995 20.19 % change on previous year +140.8%
1996 -0.6824 % change on previous year -103.4%
1997 -10.95 % change on previous year +1505.0%
1998 7.56 % change on previous year -169.0%
1999 -0.5545 % change on previous year -107.3%
2000 -8.39 % change on previous year +1412.5%
2001 4.58 % change on previous year -154.6%
2002 11.22 % change on previous year +145.2%
2003 4.36 % change on previous year -61.1%
2004 43.24 % change on previous year +892.0%
2005 6.24 % change on previous year -85.6%
2006 -8.67 % change on previous year -239.0%
2007 -6.62 % change on previous year -23.6%
2008 16.23 % change on previous year -345.0%
2009 -21.45 % change on previous year -232.1%
2010 -9.19 % change on previous year -57.1%
2011 31.09 % change on previous year -438.1%
2012 -5 % change on previous year -116.1%
2013 0.5199 % change on previous year -110.4%
2014 -8.87 % change on previous year -1806.6%
2015 -18.2 % change on previous year +105.1%
2016 22.05 % change on previous year -221.2%
2017 -41.6 % change on previous year -288.6%
2018 116.66 % change on previous year -380.4%
2019 -36.46 % change on previous year -131.3%
2020 4.56 % change on previous year -112.5%
2021 -9.65 % change on previous year -311.8%
2022 -0.3918 % change on previous year -95.9%
2023 2.62 % change on previous year -768.2%

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value US$, annual growth rate 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.

YearChange FromTo
2014 -1806.6% 0.5199 % change on previous year -8.87 % change on previous year
1997 -1505.0% -0.6824 % change on previous year -10.95 % change on previous year
2000 -1412.5% -0.5545 % change on previous year -8.39 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 22.26 % change on previous year 14.01 % change on previous year 32.09 % change on previous year 9
1980s 9.47 % change on previous year -8.84 % change on previous year 46.05 % change on previous year 10
1990s 2.48 % change on previous year -10.95 % change on previous year 20.19 % change on previous year 10
2000s 4.07 % change on previous year -21.45 % change on previous year 43.24 % change on previous year 10
2010s 5.1 % change on previous year -41.6 % change on previous year 116.66 % change on previous year 10
2020s -0.7169 % change on previous year -9.65 % change on previous year 4.56 % change on previous year 4

Countries ranked near Greenland

  1. 140 New Zealand 2.68 % change on previous year compare
  2. 141 Panama 2.65 % change on previous year compare
  3. 142 Puerto Rico 2.63 % change on previous year compare
  4. 144 Ethiopia PDR 2.54 % change on previous year compare
  5. 145 Bahamas 2.51 % change on previous year compare
  6. 146 Netherlands Antilles (former) 2.36 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Greenland

All data for Greenland →

Frequently asked questions

What is value added (total manufacturing) — value us$, annual growth rate in Greenland?
Value added (total manufacturing) — value us$, annual growth rate in Greenland was 2.62 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in Greenland?
The highest recorded value was 116.66 % change on previous year in 2018.
What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in Greenland?
The lowest recorded value was -41.6 % change on previous year in 2017.
How does Greenland rank for value added (total manufacturing) — value us$, annual growth rate?
Greenland ranks 143rd out of 236 countries with data for 2023.
Is value added (total manufacturing) — value us$, annual growth rate rising or falling in Greenland?
Over the last ten years it is up 403.5%. The long-run trend across the full record is volatile.
Where does this Greenland data come from?
The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value US$, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value US$, annual growth rate in Greenland. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us-annual-growth-rate/greenland/

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How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Value Added (Total Manufacturing) — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 12,901 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.