GDP per capita in Greenland
Greenland: GDP per capita was 58,499 current US$ in 2023. ◆ Volatile
GDP per capita in Greenland, 1970–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gdp per capita in Greenland is 58,499 current US$, measured in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 5.1% on the previous year and up 23.1% over ten years.
Over the whole period, gdp per capita in Greenland peaked at 58,499 current US$ in 2023 and was at its lowest, 1,498 current US$, in 1970.
Greenland ranks 26th of 213 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,240 current US$ | 1,498 current US$ | 8,481 current US$ | 10 |
| 1980s | 10,783 current US$ | 7,199 current US$ | 16,814 current US$ | 10 |
| 1990s | 19,323 current US$ | 16,797 current US$ | 21,666 current US$ | 10 |
| 2000s | 31,544 current US$ | 19,009 current US$ | 44,919 current US$ | 10 |
| 2010s | 48,676 current US$ | 44,277 current US$ | 54,545 current US$ | 10 |
| 2020s | 56,771 current US$ | 54,813 current US$ | 58,499 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 per capita in Greenland?
- Gdp per capita in Greenland was 58,499 current 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 58,499 current US$ in 2023.
- What is the lowest gdp per capita recorded in Greenland?
- The lowest recorded value was 1,498 current US$ in 1970.
- How does Greenland rank for gdp per capita?
- Greenland ranks 26th out of 213 countries with data for 2023.
- Is gdp per capita rising or falling in Greenland?
- Over the last ten years it is up 23.1%. 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 per capita (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.