GDP in Greenland
Greenland: GDP was 3.33 billion current US$ in 2023. ◆ Volatile
GDP in Greenland, 1970–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Greenland recorded 3.33 billion current US$ for gdp in 2023. That is the highest value across all 54 years on record.
The figure is up 5.5% on the previous year and up 23.9% over ten years.
Over the whole period, gdp in Greenland peaked at 3.33 billion current US$ in 2023 and was at its lowest, 69.52 million current US$, in 1970.
That places Greenland 181st out of 213 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 208.50 million current US$ | 69.52 million current US$ | 420.65 million current US$ | 10 |
| 1980s | 574.14 million current US$ | 379.37 million current US$ | 929.80 million current US$ | 10 |
| 1990s | 1.08 billion current US$ | 927.21 million current US$ | 1.21 billion current US$ | 10 |
| 2000s | 1.78 billion current US$ | 1.07 billion current US$ | 2.53 billion current US$ | 10 |
| 2010s | 2.74 billion current US$ | 2.50 billion current US$ | 3.06 billion current US$ | 10 |
| 2020s | 3.22 billion current US$ | 3.09 billion current US$ | 3.33 billion current US$ | 4 |
Countries ranked near Greenland
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 3.33 billion current 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 3.33 billion current US$ in 2023.
- What is the lowest gdp recorded in Greenland?
- The lowest recorded value was 69.52 million current US$ in 1970.
- How does Greenland rank for gdp?
- Greenland ranks 181st out of 213 countries with data for 2023.
- Is gdp rising or falling in Greenland?
- Over the last ten years it is up 23.9%. 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 GDP (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.