🇬🇱 Greenland Manufacturing, value added

Greenland Manufacturing, value added was $47.72M in 2023, down 14.9% from 2022, according to World Bank data. The 10-year average is $68.22M. Historical data available from 2003 to 2023 (21 data points). The all-time high was $120.41M in 2016.

Source: World Bank World Development Indicators • 2003202321 data pointsEconomy & Growth

Latest Value
$47.72M
2023
Year-on-Year
-14.9%
vs 2022
10-Year Average
$68.22M
20142023
Range
High: $120.41M (2016)
Low: $30.91M (2021)

Greenland Manufacturing, value added (constant 2015 US$)2003 to 2023

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About this Indicator

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical tranformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Historical Data Table

YearValue
2023$47.72M
2022$56.10M
2021$30.91M
2020$59.72M
2019$48.93M
2018$55.04M
2017$49.76M
2016$120.41M
2015$101.46M
2014$112.14M

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