Annual gdp growth in Greenland
Greenland: Annual gdp growth was 1.29 in 2021. ◆ Volatile
Latest (2021)
1.29
Change on year
up 578.9%
World rank
150th
of 211 countries
All-time high
7.1
in 2000
All-time low
-2.53
in 2015
Years of data
22
2000–2021
Annual gdp growth in Greenland, 2000–2021
Source: Our World in Data.
Analysis
Greenland recorded 1.29 for annual gdp growth in 2021.
The figure is up 578.9% on the previous year and up 358.0% over ten years.
Over the whole period, annual gdp growth in Greenland peaked at 7.1 in 2000 and was at its lowest, -2.53, in 2015.
Greenland ranks 150th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.87 | -0.97 | 7.1 | 10 |
| 2010s | 1.17 | -2.53 | 4.74 | 10 |
| 2020s | 0.74 | 0.19 | 1.29 | 2 |
Countries ranked near Greenland
- 147 South Korea 1.36 compare
- 148 Trinidad and Tobago 1.35 compare
- 149 Oman 1.31 compare
- 151 Belgium 1.25 compare
- 151 Canada 1.25 compare
- 153 Turks and Caicos Islands 1.2 compare
More economy & growth data for Greenland
- GDP deflator 140.95 base year varies by country (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)
- Services, value added 1.75 billion constant 2015 US$ (2023)
- Services, value added 10.29 billion constant LCU (2023)
- Services, value added 61.0% (2023)
- Inflation, GDP deflator 1.9% (2023)
- Gross value added at basic prices (GVA) 16.31 billion constant LCU (2023)
- Gross value added at basic prices (GVA) 2.82 billion constant 2015 US$ (2023)
Frequently asked questions
- What is annual gdp growth in Greenland?
- Annual gdp growth in Greenland was 1.29 in 2021, according to Our World in Data.
- What is the highest annual gdp growth recorded in Greenland?
- The highest recorded value was 7.1 in 2000.
- What is the lowest annual gdp growth recorded in Greenland?
- The lowest recorded value was -2.53 in 2015.
- How does Greenland rank for annual gdp growth?
- Greenland ranks 150th out of 211 countries with data for 2021.
- Is annual gdp growth rising or falling in Greenland?
- Over the last ten years it is up 358.0%. The long-run trend across the full record is volatile.
- Where does this Greenland data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (Our World in Data).