GDP (constant 2015 US$), per unit of GDP in Greenland
Greenland: GDP (constant 2015 US$), per unit of GDP was 0.8535 constant 2015 US$ per US$ of GDP in 2023. ◆ Volatile
GDP (constant 2015 US$), per unit of GDP in Greenland, 1970–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for gdp (constant 2015 us$), per unit of gdp in Greenland is 0.8535 constant 2015 US$ per US$ of GDP, measured in 2023.
That represents a change of down 4.4% on the previous year and down 6.4% over ten years.
Over the whole period, gdp (constant 2015 us$), per unit of gdp in Greenland peaked at 10.26 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.8379 constant 2015 US$ per US$ of GDP, in 2021.
Greenland ranks 75th of 210 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.
GDP (constant 2015 US$), per unit of GDP in Greenland, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 10.26 constant 2015 US$ per US$ of GDP | — |
| 1971 | 9.12 constant 2015 US$ per US$ of GDP | -11.2% |
| 1972 | 8.07 constant 2015 US$ per US$ of GDP | -11.5% |
| 1973 | 6.53 constant 2015 US$ per US$ of GDP | -19.1% |
| 1974 | 5.69 constant 2015 US$ per US$ of GDP | -12.8% |
| 1975 | 4.61 constant 2015 US$ per US$ of GDP | -19.0% |
| 1976 | 4.28 constant 2015 US$ per US$ of GDP | -7.1% |
| 1977 | 3.98 constant 2015 US$ per US$ of GDP | -7.2% |
| 1978 | 3.34 constant 2015 US$ per US$ of GDP | -15.9% |
| 1979 | 2.97 constant 2015 US$ per US$ of GDP | -11.3% |
| 1980 | 2.85 constant 2015 US$ per US$ of GDP | -4.0% |
| 1981 | 3.13 constant 2015 US$ per US$ of GDP | +10.0% |
| 1982 | 3.24 constant 2015 US$ per US$ of GDP | +3.5% |
| 1983 | 3.24 constant 2015 US$ per US$ of GDP | +0.0% |
| 1984 | 3.37 constant 2015 US$ per US$ of GDP | +4.0% |
| 1985 | 3.21 constant 2015 US$ per US$ of GDP | -4.8% |
| 1986 | 2.36 constant 2015 US$ per US$ of GDP | -26.7% |
| 1987 | 1.9 constant 2015 US$ per US$ of GDP | -19.2% |
| 1988 | 1.76 constant 2015 US$ per US$ of GDP | -7.5% |
| 1989 | 1.82 constant 2015 US$ per US$ of GDP | +3.1% |
| 1990 | 1.46 constant 2015 US$ per US$ of GDP | -19.4% |
| 1991 | 1.46 constant 2015 US$ per US$ of GDP | +0.1% |
| 1992 | 1.36 constant 2015 US$ per US$ of GDP | -7.1% |
| 1993 | 1.45 constant 2015 US$ per US$ of GDP | +6.3% |
| 1994 | 1.41 constant 2015 US$ per US$ of GDP | -2.4% |
| 1995 | 1.22 constant 2015 US$ per US$ of GDP | -13.7% |
| 1996 | 1.25 constant 2015 US$ per US$ of GDP | +2.5% |
| 1997 | 1.42 constant 2015 US$ per US$ of GDP | +13.3% |
| 1998 | 1.42 constant 2015 US$ per US$ of GDP | +0.5% |
| 1999 | 1.47 constant 2015 US$ per US$ of GDP | +3.0% |
| 2000 | 1.66 constant 2015 US$ per US$ of GDP | +13.5% |
| 2001 | 1.66 constant 2015 US$ per US$ of GDP | -0.4% |
| 2002 | 1.52 constant 2015 US$ per US$ of GDP | -8.0% |
| 2003 | 1.19 constant 2015 US$ per US$ of GDP | -21.7% |
| 2004 | 1.09 constant 2015 US$ per US$ of GDP | -8.6% |
| 2005 | 1.13 constant 2015 US$ per US$ of GDP | +3.4% |
| 2006 | 1.1 constant 2015 US$ per US$ of GDP | -3.0% |
| 2007 | 1 constant 2015 US$ per US$ of GDP | -8.4% |
| 2008 | 0.9585 constant 2015 US$ per US$ of GDP | -4.4% |
| 2009 | 0.9551 constant 2015 US$ per US$ of GDP | -0.4% |
| 2010 | 0.982 constant 2015 US$ per US$ of GDP | +2.8% |
| 2011 | 0.9112 constant 2015 US$ per US$ of GDP | -7.2% |
| 2012 | 0.9503 constant 2015 US$ per US$ of GDP | +4.3% |
| 2013 | 0.9117 constant 2015 US$ per US$ of GDP | -4.1% |
| 2014 | 0.9021 constant 2015 US$ per US$ of GDP | -1.0% |
| 2015 | 1 constant 2015 US$ per US$ of GDP | +10.8% |
| 2016 | 0.9664 constant 2015 US$ per US$ of GDP | -3.4% |
| 2017 | 0.9179 constant 2015 US$ per US$ of GDP | -5.0% |
| 2018 | 0.8619 constant 2015 US$ per US$ of GDP | -6.1% |
| 2019 | 0.9036 constant 2015 US$ per US$ of GDP | +4.8% |
| 2020 | 0.8788 constant 2015 US$ per US$ of GDP | -2.7% |
| 2021 | 0.8379 constant 2015 US$ per US$ of GDP | -4.7% |
| 2022 | 0.893 constant 2015 US$ per US$ of GDP | +6.6% |
| 2023 | 0.8535 constant 2015 US$ per US$ of GDP | -4.4% |
Greenland compared with similar countries
- Greenland's 0.8535 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.8054 constant 2015 US$ per US$ of GDP, 1.1× the median. (80 countries reporting)
- Greenland's 0.8535 constant 2015 US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.7297 constant 2015 US$ per US$ of GDP, 1.2× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.88 constant 2015 US$ per US$ of GDP | 2.97 constant 2015 US$ per US$ of GDP | 10.26 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 2.69 constant 2015 US$ per US$ of GDP | 1.76 constant 2015 US$ per US$ of GDP | 3.37 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 1.39 constant 2015 US$ per US$ of GDP | 1.22 constant 2015 US$ per US$ of GDP | 1.47 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 1.23 constant 2015 US$ per US$ of GDP | 0.9551 constant 2015 US$ per US$ of GDP | 1.66 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.9307 constant 2015 US$ per US$ of GDP | 0.8619 constant 2015 US$ per US$ of GDP | 1 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.8658 constant 2015 US$ per US$ of GDP | 0.8379 constant 2015 US$ per US$ of GDP | 0.893 constant 2015 US$ per US$ of GDP | 4 |
Countries ranked near Greenland
- 72 Chad 0.8544 constant 2015 US$ per US$ of GDP compare
- 73 Turkey 0.854 constant 2015 US$ per US$ of GDP compare
- 74 Trinidad and Tobago 0.8536 constant 2015 US$ per US$ of GDP compare
- 76 Qatar 0.8512 constant 2015 US$ per US$ of GDP compare
- 77 Vietnam 0.8504 constant 2015 US$ per US$ of GDP compare
- 78 Kazakhstan 0.8503 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Greenland
- Final consumption expenditure (current LCU), per capita 299,448 current LCU per person (2023)
- Gross national expenditure (current US$), annual growth rate 4.12 % change on previous year (2023)
- Final consumption expenditure (constant 2015 US$), per capita 40,333 constant 2015 US$ per person (2023)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6895 constant 2015 US$ per US$ of GDP (2023)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.24 % change on previous year (2023)
- Final consumption expenditure (current LCU), annual growth rate 3.24 % change on previous year (2023)
- Final consumption expenditure (current US$), per unit of GDP 0.743 current US$ per US$ of GDP (2023)
- Final consumption expenditure (current US$), per capita 43,463 current US$ per person (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Final consumption expenditure (current LCU), per unit of GDP 5.12 current LCU per US$ of GDP (2023)
Frequently asked questions
- What is gdp (constant 2015 us$), per unit of gdp in Greenland?
- Gdp (constant 2015 us$), per unit of gdp in Greenland was 0.8535 constant 2015 US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gdp (constant 2015 us$), per unit of gdp recorded in Greenland?
- The highest recorded value was 10.26 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest gdp (constant 2015 us$), per unit of gdp recorded in Greenland?
- The lowest recorded value was 0.8379 constant 2015 US$ per US$ of GDP in 2021.
- How does Greenland rank for gdp (constant 2015 us$), per unit of gdp?
- Greenland ranks 75th out of 210 countries with data for 2023.
- Is gdp (constant 2015 us$), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is down 6.4%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
GDP (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (constant 2015 US$) ÷ GDP (current US$)
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.