Gross value added at basic prices (GVA) (current US$) for Greenland



Indicator Definition:
Gross value added at basic prices (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at basic prices is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.

The indicator "Gross value added at basic prices (GVA) (current US$)" stands at 3.19 Billion usd as of 12/31/2023, the highest value at least since 12/31/2004, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 5.43 percent compared to the value the year prior.
The 1 year change in percent is 5.43.
The 3 year change in percent is 7.33.
The 5 year change in percent is 8.85.
The 10 year change in percent is 22.53.

The Serie's long term average value is 2.52 Billion usd. It's latest available value, on 12/31/2023, is 26.60 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2003, to it's latest available value, on 12/31/2023, is +109.62%.
The Serie's change in percent from it's maximum value, on 12/31/2023, to it's latest available value, on 12/31/2023, is 0.0%.

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