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Greenland GDP

Greenland's GDP rose to $3.33 billion in 2023, up from $3.15 billion in 2022, according to World Bank. This represents an increase of 5.5% ($174.21 million) from the previous year. Greenland has GDP lower than the global median ($3.33 billion vs median $35.85 billion). Compared with the median in Americas, Greenland is lower ($3.33 billion vs regional median $25.03 billion) and ranks 34th out of 44 countries in Americas.

Greenland's GDP per capita rose to $49,929.78 in 2023, up from $49,679.34 in 2022.

Yearly Historical Data (1970-2023)

(in Billion USD)
Year GDP (Billion USD)
2023 3.33
2022 3.15
2021 3.29
2020 3.09
2019 3
2018 3.06
2017 2.85
2016 2.71
2015 2.5
2014 2.84
2013 2.68
2012 2.61
2011 2.68
2010 2.5
2009 2.53
2008 2.5
2007 2.25
2006 2.01
2005 1.85
2004 1.82
2003 1.56
2002 1.17
2001 1.09
2000 1.07
1999 1.13
1998 1.15
1997 1.07
1996 1.2
1995 1.21
1994 1.01
1993 0.93
1992 1.04
1991 1.02
1990 1.02
1989 0.93
1988 0.9
1987 0.79
1986 0.6
1985 0.41
1984 0.38
1983 0.42
1982 0.4
1981 0.44
1980 0.48
1979 0.42
1978 0.36
1977 0.28
1976 0.24
1975 0.21
1974 0.17
1973 0.14
1972 0.11
1971 0.09
1970 0.07
Greenland GDP : Definition
GDP measures the total value of all goods and services produced in Greenland, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 0.87% 2% 2023
GDP per Capita $49,929.78 $49,679.34 2023
GDP per Capita PPP $71,037.54 $70,681.23 2023
Real GDP $2.84B $2.81B 2023