Greenland GL: GDP: Growth: Gross Value Added: Services

Greenland GL: GDP: Growth: Gross Value Added: Services data was reported at -0.153 % in 2015. This records a decrease from the previous number of 0.730 % for 2014. Greenland GL: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging -0.153 % from Dec 2011 to 2015, with 5 observations. The data reached an all-time high of 0.730 % in 2014 and a record low of -1.475 % in 2013. Greenland GL: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

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