Greenland - Industry
Industry, value added (current US$)
The latest value for Industry, value added (current US$) in Greenland was $562,389,400 as of 2019. Over the past 16 years, the value for this indicator has fluctuated between $562,389,400 in 2019 and $228,091,700 in 2003.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2003 | $228,091,700 |
| 2004 | $286,324,700 |
| 2005 | $300,488,600 |
| 2006 | $336,634,800 |
| 2007 | $377,610,800 |
| 2008 | $455,267,600 |
| 2009 | $454,942,300 |
| 2010 | $452,676,900 |
| 2011 | $484,828,700 |
| 2012 | $493,534,800 |
| 2013 | $486,868,600 |
| 2014 | $446,093,500 |
| 2015 | $426,017,000 |
| 2016 | $478,824,100 |
| 2017 | $485,074,800 |
| 2018 | $548,855,000 |
| 2019 | $562,389,400 |
Industry, value added (current LCU)
The value for Industry, value added (current LCU) in Greenland was 3,750,800,000 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 3,750,800,000 in 2019 and a minimum value of 1,502,600,000 in 2003.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 2003 | 1,502,600,000 |
| 2004 | 1,715,400,000 |
| 2005 | 1,802,000,000 |
| 2006 | 2,001,900,000 |
| 2007 | 2,055,600,000 |
| 2008 | 2,321,000,000 |
| 2009 | 2,438,900,000 |
| 2010 | 2,545,900,000 |
| 2011 | 2,602,900,000 |
| 2012 | 2,858,800,000 |
| 2013 | 2,734,400,000 |
| 2014 | 2,503,700,000 |
| 2015 | 2,866,200,000 |
| 2016 | 3,223,300,000 |
| 2017 | 3,202,900,000 |
| 2018 | 3,465,800,000 |
| 2019 | 3,750,800,000 |
Industry, value added (constant 2010 US$)
The latest value for Industry, value added (constant 2010 US$) in Greenland was 513,925,100 as of 2019. Over the past 16 years, the value for this indicator has fluctuated between 513,925,100 in 2019 and 227,760,600 in 2003.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2003 | 227,760,600 |
| 2004 | 270,694,000 |
| 2005 | 291,737,700 |
| 2006 | 256,445,500 |
| 2007 | 286,392,800 |
| 2008 | 346,139,700 |
| 2009 | 331,206,300 |
| 2010 | 341,896,000 |
| 2011 | 352,250,000 |
| 2012 | 380,075,500 |
| 2013 | 371,937,300 |
| 2014 | 402,072,600 |
| 2015 | 426,017,000 |
| 2016 | 469,313,000 |
| 2017 | 412,601,200 |
| 2018 | 473,422,400 |
| 2019 | 513,925,100 |
Industry, value added (annual % growth)
The value for Industry, value added (annual % growth) in Greenland was 8.56 as of 2019. As the graph below shows, over the past 15 years this indicator reached a maximum value of 20.86 in 2008 and a minimum value of -12.10 in 2006.
Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2004 | 18.85 |
| 2005 | 7.77 |
| 2006 | -12.10 |
| 2007 | 11.68 |
| 2008 | 20.86 |
| 2009 | -4.31 |
| 2010 | 3.23 |
| 2011 | 3.03 |
| 2012 | 7.90 |
| 2013 | -2.14 |
| 2014 | 8.10 |
| 2015 | 5.96 |
| 2016 | 10.16 |
| 2017 | -12.08 |
| 2018 | 14.74 |
| 2019 | 8.56 |
Industry, value added (constant LCU)
The value for Industry, value added (constant LCU) in Greenland was 3,826,900,000 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 3,826,900,000 in 2019 and a minimum value of 1,696,000,000 in 2003.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 2003 | 1,696,000,000 |
| 2004 | 2,015,700,000 |
| 2005 | 2,172,400,000 |
| 2006 | 1,909,600,000 |
| 2007 | 2,132,600,000 |
| 2008 | 2,577,500,000 |
| 2009 | 2,466,300,000 |
| 2010 | 2,545,900,000 |
| 2011 | 2,623,000,000 |
| 2012 | 2,830,200,000 |
| 2013 | 2,769,600,000 |
| 2014 | 2,994,000,000 |
| 2015 | 3,172,300,000 |
| 2016 | 3,494,700,000 |
| 2017 | 3,072,400,000 |
| 2018 | 3,525,300,000 |
| 2019 | 3,826,900,000 |
Industry, value added (% of GDP)
Industry, value added (% of GDP) in Greenland was 18.86 as of 2019. Its highest value over the past 16 years was 18.91 in 2012, while its lowest value was 14.63 in 2003.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2003 | 14.63 |
| 2004 | 15.71 |
| 2005 | 16.24 |
| 2006 | 16.72 |
| 2007 | 16.78 |
| 2008 | 18.22 |
| 2009 | 17.98 |
| 2010 | 18.08 |
| 2011 | 18.06 |
| 2012 | 18.91 |
| 2013 | 18.13 |
| 2014 | 15.70 |
| 2015 | 17.05 |
| 2016 | 17.69 |
| 2017 | 17.01 |
| 2018 | 18.05 |
| 2019 | 18.86 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
