GDP (constant 2015 US$), annual growth rate in Greenland
Greenland: GDP (constant 2015 US$), annual growth rate was 0.8661 % change on previous year in 2023. ◆ Volatile
Latest (2023)
0.8661 % change on previous year
Change on year
down 56.8%
World rank
176th
of 210 countries
All-time high
13.06 % change on previous year
in 1971
All-time low
-11.72 % change on previous year
in 1990
Years of data
53
1971–2023
GDP (constant 2015 US$), annual growth rate in Greenland, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp (constant 2015 us$), annual growth rate in Greenland is 0.8661 % change on previous year, measured in 2023.
That represents a change of down 56.8% on the previous year and up 166.7% over ten years.
Over the whole period, gdp (constant 2015 us$), annual growth rate in Greenland peaked at 13.06 % change on previous year in 1971 and was at its lowest, -11.72 % change on previous year, in 1990.
Greenland ranks 176th of 210 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant 2015 US$), annual growth rate in Greenland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 13.06 % change on previous year | — |
| 1972 | 6.18 % change on previous year | -52.7% |
| 1973 | 6.81 % change on previous year | +10.2% |
| 1974 | 5.71 % change on previous year | -16.2% |
| 1975 | 0.6463 % change on previous year | -88.7% |
| 1976 | 5.96 % change on previous year | +822.0% |
| 1977 | 8.82 % change on previous year | +48.1% |
| 1978 | 6.02 % change on previous year | -31.8% |
| 1979 | 4.86 % change on previous year | -19.2% |
| 1980 | 8.68 % change on previous year | +78.5% |
| 1981 | 0.6654 % change on previous year | -92.3% |
| 1982 | -4.42 % change on previous year | -764.3% |
| 1983 | 3.46 % change on previous year | -178.2% |
| 1984 | -5.18 % change on previous year | -249.8% |
| 1985 | 3.66 % change on previous year | -170.6% |
| 1986 | 7.1 % change on previous year | +94.1% |
| 1987 | 5.52 % change on previous year | -22.3% |
| 1988 | 5.6 % change on previous year | +1.6% |
| 1989 | 6.66 % change on previous year | +18.8% |
| 1990 | -11.72 % change on previous year | -276.0% |
| 1991 | -0.1134 % change on previous year | -99.0% |
| 1992 | -5.11 % change on previous year | +4408.1% |
| 1993 | -5.03 % change on previous year | -1.6% |
| 1994 | 5.92 % change on previous year | -217.8% |
| 1995 | 3.73 % change on previous year | -37.1% |
| 1996 | 1.53 % change on previous year | -59.0% |
| 1997 | 1.47 % change on previous year | -4.0% |
| 1998 | 7.76 % change on previous year | +428.2% |
| 1999 | 1.38 % change on previous year | -82.2% |
| 2000 | 7.1 % change on previous year | +415.3% |
| 2001 | 1.27 % change on previous year | -82.1% |
| 2002 | -0.9715 % change on previous year | -176.5% |
| 2003 | 4.43 % change on previous year | -556.0% |
| 2004 | 6.91 % change on previous year | +55.9% |
| 2005 | 4.99 % change on previous year | -27.8% |
| 2006 | 5.56 % change on previous year | +11.4% |
| 2007 | 2.35 % change on previous year | -57.7% |
| 2008 | 6.17 % change on previous year | +162.1% |
| 2009 | 0.8658 % change on previous year | -86.0% |
| 2010 | 1.74 % change on previous year | +100.5% |
| 2011 | -0.4963 % change on previous year | -128.6% |
| 2012 | 1.39 % change on previous year | -380.9% |
| 2013 | -1.3 % change on previous year | -193.1% |
| 2014 | 4.74 % change on previous year | -465.2% |
| 2015 | -2.53 % change on previous year | -153.3% |
| 2016 | 4.68 % change on previous year | -285.1% |
| 2017 | 0.0527 % change on previous year | -98.9% |
| 2018 | 0.6231 % change on previous year | +1081.3% |
| 2019 | 2.83 % change on previous year | +354.5% |
| 2020 | 0.2511 % change on previous year | -91.1% |
| 2021 | 1.63 % change on previous year | +550.7% |
| 2022 | 2 % change on previous year | +22.7% |
| 2023 | 0.8661 % change on previous year | -56.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.45 % change on previous year | 0.6463 % change on previous year | 13.06 % change on previous year | 9 |
| 1980s | 3.17 % change on previous year | -5.18 % change on previous year | 8.68 % change on previous year | 10 |
| 1990s | -0.0185 % change on previous year | -11.72 % change on previous year | 7.76 % change on previous year | 10 |
| 2000s | 3.87 % change on previous year | -0.9715 % change on previous year | 7.1 % change on previous year | 10 |
| 2010s | 1.17 % change on previous year | -2.53 % change on previous year | 4.74 % change on previous year | 10 |
| 2020s | 1.19 % change on previous year | 0.2511 % change on previous year | 2 % change on previous year | 4 |
Countries ranked near Greenland
- 173 Republic of Korea 1.01 % change on previous year compare
- 174 Russian Federation 1 % change on previous year compare
- 175 Belgium 0.9832 % change on previous year compare
- 177 Faroe Islands 0.8437 % change on previous year compare
- 178 France 0.8411 % change on previous year compare
- 179 Slovakia 0.8076 % change on previous year compare
More economy & growth data for Greenland
- Taxes less subsidies on products (current US$), per unit of GDP 0.0401 current US$ per US$ of GDP (2023)
- Taxes less subsidies on products (current LCU), per capita 16,154 current LCU per person (2023)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2761 current LCU per US$ of GDP (2023)
- Taxes less subsidies on products (current LCU), annual growth rate 4.97 % change on previous year (2023)
- Taxes less subsidies on products (current US$), per capita 2,345 current US$ per person (2023)
- Net primary income (Net income from abroad) (current LCU), annual 46.56 % change on previous year (2007)
- GNI (current LCU), per unit of GDP 4.94 current LCU per US$ of GDP (2007)
- Net primary income (Net income from abroad) (current US$), annual 41.62 % change on previous year (2007)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1055 (2016)
- Taxes less subsidies on products (current US$), annual growth rate 7.81 % change on previous year (2023)
Frequently asked questions
- What is gdp (constant 2015 us$), annual growth rate in Greenland?
- Gdp (constant 2015 us$), annual growth rate in Greenland was 0.8661 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gdp (constant 2015 us$), annual growth rate recorded in Greenland?
- The highest recorded value was 13.06 % change on previous year in 1971.
- What is the lowest gdp (constant 2015 us$), annual growth rate recorded in Greenland?
- The lowest recorded value was -11.72 % change on previous year in 1990.
- How does Greenland rank for gdp (constant 2015 us$), annual growth rate?
- Greenland ranks 176th out of 210 countries with data for 2023.
- Is gdp (constant 2015 us$), annual growth rate rising or falling in Greenland?
- Over the last ten years it is up 166.7%. The long-run trend across the full record is volatile.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of GDP (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.