GDP (current US$), annual growth rate in Greenland
Greenland: GDP (current US$), annual growth rate was 5.53 % change on previous year in 2023. ◆ Volatile
Latest (2023)
5.53 % change on previous year
Change on year
up 228.9%
World rank
141st
of 212 countries
All-time high
46.05 % change on previous year
in 1986
All-time low
-12.07 % change on previous year
in 2015
Years of data
53
1971–2023
GDP (current US$), annual growth rate in Greenland, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gdp (current us$), annual growth rate in Greenland stood at 5.53 % change on previous year.
Compared with earlier readings it is up 228.9% on the previous year and up 91.6% over ten years.
Over the whole period, gdp (current us$), annual growth rate in Greenland peaked at 46.05 % change on previous year in 1986 and was at its lowest, -12.07 % change on previous year, in 2015.
That places Greenland 141st out of 212 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), annual growth rate in Greenland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 27.25 % change on previous year | — |
| 1972 | 19.93 % change on previous year | -26.9% |
| 1973 | 32.09 % change on previous year | +61.0% |
| 1974 | 21.24 % change on previous year | -33.8% |
| 1975 | 24.29 % change on previous year | +14.4% |
| 1976 | 14.01 % change on previous year | -42.3% |
| 1977 | 17.23 % change on previous year | +23.0% |
| 1978 | 26.12 % change on previous year | +51.6% |
| 1979 | 18.16 % change on previous year | -30.5% |
| 1980 | 13.17 % change on previous year | -27.5% |
| 1981 | -8.47 % change on previous year | -164.3% |
| 1982 | -7.65 % change on previous year | -9.6% |
| 1983 | 3.42 % change on previous year | -144.8% |
| 1984 | -8.85 % change on previous year | -358.3% |
| 1985 | 8.83 % change on previous year | -199.8% |
| 1986 | 46.05 % change on previous year | +421.5% |
| 1987 | 30.58 % change on previous year | -33.6% |
| 1988 | 14.12 % change on previous year | -53.8% |
| 1989 | 3.47 % change on previous year | -75.4% |
| 1990 | 9.59 % change on previous year | +176.3% |
| 1991 | -0.2434 % change on previous year | -102.5% |
| 1992 | 2.11 % change on previous year | -965.8% |
| 1993 | -10.67 % change on previous year | -606.2% |
| 1994 | 8.49 % change on previous year | -179.6% |
| 1995 | 20.19 % change on previous year | +137.9% |
| 1996 | -0.9454 % change on previous year | -104.7% |
| 1997 | -10.47 % change on previous year | +1007.3% |
| 1998 | 7.25 % change on previous year | -169.2% |
| 1999 | -1.59 % change on previous year | -122.0% |
| 2000 | -5.61 % change on previous year | +252.8% |
| 2001 | 1.7 % change on previous year | -130.3% |
| 2002 | 7.64 % change on previous year | +349.7% |
| 2003 | 33.33 % change on previous year | +336.3% |
| 2004 | 16.92 % change on previous year | -49.2% |
| 2005 | 1.5 % change on previous year | -91.1% |
| 2006 | 8.83 % change on previous year | +489.4% |
| 2007 | 11.76 % change on previous year | +33.2% |
| 2008 | 11.08 % change on previous year | -5.8% |
| 2009 | 1.24 % change on previous year | -88.9% |
| 2010 | -1.06 % change on previous year | -185.7% |
| 2011 | 7.24 % change on previous year | -784.0% |
| 2012 | -2.79 % change on previous year | -138.5% |
| 2013 | 2.88 % change on previous year | -203.5% |
| 2014 | 5.85 % change on previous year | +102.9% |
| 2015 | -12.07 % change on previous year | -306.2% |
| 2016 | 8.32 % change on previous year | -169.0% |
| 2017 | 5.34 % change on previous year | -35.9% |
| 2018 | 7.16 % change on previous year | +34.2% |
| 2019 | -1.91 % change on previous year | -126.7% |
| 2020 | 3.08 % change on previous year | -261.0% |
| 2021 | 6.6 % change on previous year | +114.3% |
| 2022 | -4.29 % change on previous year | -165.0% |
| 2023 | 5.53 % change on previous year | -228.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.26 % change on previous year | 14.01 % change on previous year | 32.09 % change on previous year | 9 |
| 1980s | 9.47 % change on previous year | -8.85 % change on previous year | 46.05 % change on previous year | 10 |
| 1990s | 2.37 % change on previous year | -10.67 % change on previous year | 20.19 % change on previous year | 10 |
| 2000s | 8.84 % change on previous year | -5.61 % change on previous year | 33.33 % change on previous year | 10 |
| 2010s | 1.9 % change on previous year | -12.07 % change on previous year | 8.32 % change on previous year | 10 |
| 2020s | 2.73 % change on previous year | -4.29 % change on previous year | 6.6 % change on previous year | 4 |
Countries ranked near Greenland
- 138 Norway 5.96 % change on previous year compare
- 139 Japan 5.85 % change on previous year compare
- 140 United Arab Emirates 5.68 % change on previous year compare
- 142 Barbados 5.51 % change on previous year compare
- 143 Philippines 5.5 % change on previous year compare
- 144 Papua New Guinea 5.5 % change on previous year compare
More economy & growth data for Greenland
- Net primary income (Net income from abroad) (current LCU), annual 46.56 % change on previous year (2007)
- 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)
- 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 US$), annual growth rate 7.81 % change on previous year (2023)
- GNI (current LCU), per capita 196,570 current LCU per person (2007)
- GNI (current US$), per capita 36,110 current US$ per person (2007)
- GNI (current LCU), per unit of GDP 4.94 current LCU per US$ of GDP (2007)
- Taxes less subsidies on products (current LCU), per capita 16,154 current LCU per person (2023)
Frequently asked questions
- What is gdp (current us$), annual growth rate in Greenland?
- Gdp (current us$), annual growth rate in Greenland was 5.53 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gdp (current us$), annual growth rate recorded in Greenland?
- The highest recorded value was 46.05 % change on previous year in 1986.
- What is the lowest gdp (current us$), annual growth rate recorded in Greenland?
- The lowest recorded value was -12.07 % change on previous year in 2015.
- How does Greenland rank for gdp (current us$), annual growth rate?
- Greenland ranks 141st out of 212 countries with data for 2023.
- Is gdp (current us$), annual growth rate rising or falling in Greenland?
- Over the last ten years it is up 91.6%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.