GDP per capita in Greenland
Greenland: GDP per capita was 49,930 constant 2015 US$ in 2023. ▲ Rising
GDP per capita in Greenland, 1970–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2023, gdp per capita in Greenland stood at 49,930 constant 2015 US$. That is the highest value across all 54 years on record.
The figure is up 0.5% on the previous year and up 15.2% over ten years.
Over the whole period, gdp per capita in Greenland peaked at 49,930 constant 2015 US$ in 2023 and was at its lowest, 15,375 constant 2015 US$, in 1970.
Greenland ranks 22nd of 211 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 54 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20,081 constant 2015 US$ | 15,375 constant 2015 US$ | 25,150 constant 2015 US$ | 10 |
| 1980s | 26,787 constant 2015 US$ | 24,280 constant 2015 US$ | 30,529 constant 2015 US$ | 10 |
| 1990s | 26,813 constant 2015 US$ | 24,304 constant 2015 US$ | 29,571 constant 2015 US$ | 10 |
| 2000s | 36,361 constant 2015 US$ | 31,484 constant 2015 US$ | 42,900 constant 2015 US$ | 10 |
| 2010s | 45,190 constant 2015 US$ | 42,995 constant 2015 US$ | 48,171 constant 2015 US$ | 10 |
| 2020s | 49,122 constant 2015 US$ | 48,170 constant 2015 US$ | 49,930 constant 2015 US$ | 4 |
Countries ranked near Greenland
- 19 Sweden 55,014 constant 2015 US$ compare
- 20 Netherlands 51,817 constant 2015 US$ compare
- 21 San Marino 51,324 constant 2015 US$ compare
- 23 United Kingdom 48,422 constant 2015 US$ compare
- 24 Hong Kong 46,450 constant 2015 US$ compare
- 25 Austria 46,090 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 per capita in Greenland?
- Gdp per capita in Greenland was 49,930 constant 2015 US$ in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita recorded in Greenland?
- The highest recorded value was 49,930 constant 2015 US$ in 2023.
- What is the lowest gdp per capita recorded in Greenland?
- The lowest recorded value was 15,375 constant 2015 US$ in 1970.
- How does Greenland rank for gdp per capita?
- Greenland ranks 22nd out of 211 countries with data for 2023.
- Is gdp per capita rising or falling in Greenland?
- Over the last ten years it is up 15.2%. 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 per capita (constant 2015 US$). Statizoid updates them automatically from the source API.
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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. The core indicator has been divided by the general population to achieve a per capita estimate.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.