Changes in inventories in Greenland
Greenland: Changes in inventories was 43.54 million current US$ in 2023. ◆ Volatile
Changes in inventories in Greenland, 2005–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Greenland recorded 43.54 million current US$ for changes in inventories in 2023. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 2.4% on the previous year and up 15,384.5% over ten years.
Over the whole period, changes in inventories in Greenland peaked at 43.54 million current US$ in 2023 and was at its lowest, -23.06 million current US$, in 2011.
That places Greenland 107th out of 185 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.46 million current US$ | -19.58 million current US$ | 15.20 million current US$ | 5 |
| 2010s | -4.16 million current US$ | -23.06 million current US$ | 14.57 million current US$ | 10 |
| 2020s | 22.98 million current US$ | -2.11 million current US$ | 43.54 million current US$ | 4 |
Countries ranked near Greenland
More economy & growth data for Greenland
- Services, value added 2.2% (2023)
- Industry (including construction), value added -1.3% (2023)
- Industry (including construction), value added 3.80 billion constant LCU (2023)
- Industry (including construction), value added 18.4% (2023)
- Services, value added 2.03 billion current US$ (2023)
- Services, value added 13.98 billion current LCU (2023)
- Services, value added 1.75 billion constant 2015 US$ (2023)
- Discrepancy in expenditure estimate of GDP 0 current LCU (2023)
- GDP deflator 140.95 base year varies by country (2023)
- Inflation, GDP deflator 1.9% (2023)
Frequently asked questions
- What is changes in inventories in Greenland?
- Changes in inventories in Greenland was 43.54 million current US$ in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest changes in inventories recorded in Greenland?
- The highest recorded value was 43.54 million current US$ in 2023.
- What is the lowest changes in inventories recorded in Greenland?
- The lowest recorded value was -23.06 million current US$ in 2011.
- How does Greenland rank for changes in inventories?
- Greenland ranks 107th out of 185 countries with data for 2023.
- Is changes in inventories rising or falling in Greenland?
- Over the last ten years it is up 15,384.5%. The long-run trend across the full record is volatile.
- 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 Changes in inventories (current US$). Statizoid updates them automatically from the source API.
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About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.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.