28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP in Greenland

Greenland: 28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP was 0.034 units per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.034 units per US$ of GDP
Change on year
down 32.7%
World rank
114th
of 204 countries
All-time high
0.082 units per US$ of GDP
in 2006
All-time low
0 units per US$ of GDP
in 1995
Years of data
29
1995–2023

28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP in Greenland, 1995–2023

00.020.040.060.081995200920231995: 0 units per US$ of GDP1996: 0 units per US$ of GDP1997: 0 units per US$ of GDP1998: 0 units per US$ of GDP1999: 0.004 units per US$ of GDP2000: 0.014 units per US$ of GDP2001: 0.002 units per US$ of GDP2002: 0.013 units per US$ of GDP2003: 0.01 units per US$ of GDP2004: 0.001 units per US$ of GDP2005: 0.045 units per US$ of GDP2006: 0.082 units per US$ of GDP2007: 0.044 units per US$ of GDP2008: 0.05 units per US$ of GDP2009: 0.043 units per US$ of GDP2010: 0.041 units per US$ of GDP2011: 0.054 units per US$ of GDP2012: 0.052 units per US$ of GDP2013: 0.066 units per US$ of GDP2014: 0.068 units per US$ of GDP2015: 0.061 units per US$ of GDP2016: 0.064 units per US$ of GDP2017: 0.045 units per US$ of GDP2018: 0.042 units per US$ of GDP2019: 0.041 units per US$ of GDP2020: 0.061 units per US$ of GDP2021: 0.041 units per US$ of GDP2022: 0.05 units per US$ of GDP2023: 0.034 units per US$ of GDP

Source: Statizoid (derived). Measured in units per US$ of GDP.

Analysis

In 2023, 28_cross-border dep. with bis banks, nonbanks, per unit of gdp in Greenland stood at 0.034 units per US$ of GDP.

Compared with earlier readings it is down 32.7% on the previous year and down 48.2% over ten years.

Over the whole period, 28_cross-border dep. with bis banks, nonbanks, per unit of gdp in Greenland peaked at 0.082 units per US$ of GDP in 2006 and was at its lowest, 0 units per US$ of GDP, in 1995.

That places Greenland 114th out of 204 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.

28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP in Greenland, year by year

Annual values for 28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP in Greenland, 1995 to 2023.
Year units per US$ of GDP Change
1995 0 units per US$ of GDP
1996 0 units per US$ of GDP
1997 0 units per US$ of GDP
1998 0 units per US$ of GDP
1999 0.0035 units per US$ of GDP
2000 0.014 units per US$ of GDP +297.3%
2001 0.0018 units per US$ of GDP -86.9%
2002 0.0128 units per US$ of GDP +596.8%
2003 0.0103 units per US$ of GDP -20.0%
2004 0.0005 units per US$ of GDP -94.7%
2005 0.0449 units per US$ of GDP +8077.5%
2006 0.082 units per US$ of GDP +82.7%
2007 0.044 units per US$ of GDP -46.3%
2008 0.05 units per US$ of GDP +13.7%
2009 0.0431 units per US$ of GDP -13.9%
2010 0.0407 units per US$ of GDP -5.4%
2011 0.054 units per US$ of GDP +32.6%
2012 0.0517 units per US$ of GDP -4.2%
2013 0.0656 units per US$ of GDP +26.8%
2014 0.0683 units per US$ of GDP +4.1%
2015 0.0614 units per US$ of GDP -10.0%
2016 0.0639 units per US$ of GDP +4.0%
2017 0.0451 units per US$ of GDP -29.5%
2018 0.0423 units per US$ of GDP -6.2%
2019 0.0407 units per US$ of GDP -3.6%
2020 0.0607 units per US$ of GDP +49.0%
2021 0.041 units per US$ of GDP -32.5%
2022 0.0505 units per US$ of GDP +23.1%
2023 0.034 units per US$ of GDP -32.7%

Greenland compared with similar countries

  • Greenland's 0.034 units per US$ of GDP is below the median for high income countries, which is 0.0811 units per US$ of GDP, 42% of the median. (77 countries reporting)
  • Greenland's 0.034 units per US$ of GDP is below the median for Europe & Central Asia, which is 0.0477 units per US$ of GDP, 71% of the median. (55 countries reporting)

Biggest year-on-year movements

Years where 28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP in Greenland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2005 +8077.5% 0.0005 units per US$ of GDP 0.0449 units per US$ of GDP
2002 +596.8% 0.0018 units per US$ of GDP 0.0128 units per US$ of GDP
2000 +297.3% 0.0035 units per US$ of GDP 0.014 units per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0007 units per US$ of GDP 0 units per US$ of GDP 0.0035 units per US$ of GDP 5
2000s 0.0303 units per US$ of GDP 0.0005 units per US$ of GDP 0.082 units per US$ of GDP 10
2010s 0.0534 units per US$ of GDP 0.0407 units per US$ of GDP 0.0683 units per US$ of GDP 10
2020s 0.0465 units per US$ of GDP 0.034 units per US$ of GDP 0.0607 units per US$ of GDP 4

Countries ranked near Greenland

  1. 111 Ecuador 0.0359 units per US$ of GDP compare
  2. 112 Madagascar 0.0358 units per US$ of GDP compare
  3. 113 Israel 0.035 units per US$ of GDP compare
  4. 115 Eritrea 0.0334 units per US$ of GDP compare
  5. 116 Guinea-Bissau 0.0334 units per US$ of GDP compare
  6. 117 Zambia 0.0332 units per US$ of GDP compare

See the full ranking of 204 places →

More reference data data for Greenland

All data for Greenland →

Frequently asked questions

What is 28_cross-border dep. with bis banks, nonbanks, per unit of gdp in Greenland?
28_cross-border dep. with bis banks, nonbanks, per unit of gdp in Greenland was 0.034 units per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest 28_cross-border dep. with bis banks, nonbanks, per unit of gdp recorded in Greenland?
The highest recorded value was 0.082 units per US$ of GDP in 2006.
What is the lowest 28_cross-border dep. with bis banks, nonbanks, per unit of gdp recorded in Greenland?
The lowest recorded value was 0 units per US$ of GDP in 1995.
How does Greenland rank for 28_cross-border dep. with bis banks, nonbanks, per unit of gdp?
Greenland ranks 114th out of 204 countries with data for 2023.
Is 28_cross-border dep. with bis banks, nonbanks, per unit of gdp rising or falling in Greenland?
Over the last ten years it is down 48.2%. The long-run trend across the full record is volatile.
Where does this Greenland data come from?
The figures come from Statizoid (derived), published as part of 28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP. Statizoid updates them automatically from the source API.

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28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP in Greenland. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/28-cross-border-dep-with-bis-banks-nonbanks-per-unit-of-gdp/greenland/

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How this figure is calculated

28_Cross-border dep. with BIS banks, nonbanks divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

28_Cross-border dep. with BIS banks, nonbanks ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP
Unit
units per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
204 places, 6,138 data points, 1995–2025
Last refreshed

28_Cross-border dep. with BIS banks, nonbanks divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.