GDP in Greenland
Greenland: GDP was 2.84 billion constant 2015 US$ in 2023. ▲ Rising
GDP in Greenland, 1970–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gdp in Greenland is 2.84 billion constant 2015 US$, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 0.9% on the previous year and up 16.0% over ten years.
Over the whole period, gdp in Greenland peaked at 2.84 billion constant 2015 US$ in 2023 and was at its lowest, 713.41 million constant 2015 US$, in 1970.
That places Greenland 178th out of 211 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 982.14 million constant 2015 US$ | 713.41 million constant 2015 US$ | 1.25 billion constant 2015 US$ | 10 |
| 1980s | 1.42 billion constant 2015 US$ | 1.28 billion constant 2015 US$ | 1.69 billion constant 2015 US$ | 10 |
| 1990s | 1.49 billion constant 2015 US$ | 1.34 billion constant 2015 US$ | 1.66 billion constant 2015 US$ | 10 |
| 2000s | 2.06 billion constant 2015 US$ | 1.78 billion constant 2015 US$ | 2.42 billion constant 2015 US$ | 10 |
| 2010s | 2.55 billion constant 2015 US$ | 2.45 billion constant 2015 US$ | 2.71 billion constant 2015 US$ | 10 |
| 2020s | 2.78 billion constant 2015 US$ | 2.72 billion constant 2015 US$ | 2.84 billion constant 2015 US$ | 4 |
Countries ranked near Greenland
- 175 Andorra 3.51 billion constant 2015 US$ compare
- 176 Faroe Islands 3.24 billion constant 2015 US$ compare
- 177 Bhutan 3.18 billion constant 2015 US$ compare
- 179 Curacao 2.81 billion constant 2015 US$ compare
- 180 Belize 2.70 billion constant 2015 US$ compare
- 181 Turks and Caicos Islands 2.66 billion constant 2015 US$ compare
More economy & growth data for Greenland
- Services, value added 1.75 billion constant 2015 US$ (2023)
- Industry (including construction), value added 495.03 million constant 2015 US$ (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)
- GDP deflator 140.95 base year varies by country (2023)
- Inflation, GDP deflator 1.9% (2023)
- Services, value added 61.0% (2023)
Frequently asked questions
- What is gdp in Greenland?
- Gdp in Greenland was 2.84 billion constant 2015 US$ in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Greenland?
- The highest recorded value was 2.84 billion constant 2015 US$ in 2023.
- What is the lowest gdp recorded in Greenland?
- The lowest recorded value was 713.41 million constant 2015 US$ in 1970.
- How does Greenland rank for gdp?
- Greenland ranks 178th out of 211 countries with data for 2023.
- Is gdp rising or falling in Greenland?
- Over the last ten years it is up 16.0%. The long-run trend across the full record is rising.
- 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 GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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.