GDP per capita in Greenland
Greenland: GDP per capita was 285,947 constant LCU in 2023. ▲ Rising
GDP per capita in Greenland, 1970–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2023, gdp per capita in Greenland stood at 285,947 constant LCU. That is the highest value across all 54 years on record.
Compared with earlier readings it 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 285,947 constant LCU in 2023 and was at its lowest, 88,054 constant LCU, in 1970.
That places Greenland 66th out of 214 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 115,002 constant LCU | 88,054 constant LCU | 144,034 constant LCU | 10 |
| 1980s | 153,411 constant LCU | 139,053 constant LCU | 174,838 constant LCU | 10 |
| 1990s | 153,557 constant LCU | 139,188 constant LCU | 169,353 constant LCU | 10 |
| 2000s | 208,237 constant LCU | 180,306 constant LCU | 245,686 constant LCU | 10 |
| 2010s | 258,800 constant LCU | 246,231 constant LCU | 275,874 constant LCU | 10 |
| 2020s | 281,322 constant LCU | 275,869 constant LCU | 285,947 constant LCU | 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 per capita in Greenland?
- Gdp per capita in Greenland was 285,947 constant LCU 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 285,947 constant LCU in 2023.
- What is the lowest gdp per capita recorded in Greenland?
- The lowest recorded value was 88,054 constant LCU in 1970.
- How does Greenland rank for gdp per capita?
- Greenland ranks 66th out of 214 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 LCU). 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. 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 varies by country. This series is expressed in local currency units.