GDP per capita (constant 2015 US$) in Greenland
Greenland: GDP per capita (constant 2015 US$) was 49,930 constant 2015 US$ in 2023. ▲ Rising
GDP per capita in Greenland, 1970–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2023, gdp per capita in Greenland stood at 49,930 constant 2015 US$. That is the highest value across all 54 years on record.
The figure is up 0.5% on the previous year and up 15.2% over ten years.
Over the whole period, gdp per capita in Greenland peaked at 49,930 constant 2015 US$ in 2023 and was at its lowest, 15,375 constant 2015 US$, in 1970.
Greenland ranks 22nd of 212 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 54 years of available data.
GDP per capita (constant 2015 US$) in Greenland, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 15,375 constant 2015 US$ | — |
| 1971 | 17,089 constant 2015 US$ | +11.1% |
| 1972 | 17,731 constant 2015 US$ | +3.8% |
| 1973 | 18,667 constant 2015 US$ | +5.3% |
| 1974 | 19,533 constant 2015 US$ | +4.6% |
| 1975 | 19,620 constant 2015 US$ | +0.4% |
| 1976 | 20,747 constant 2015 US$ | +5.7% |
| 1977 | 22,715 constant 2015 US$ | +9.5% |
| 1978 | 24,179 constant 2015 US$ | +6.4% |
| 1979 | 25,150 constant 2015 US$ | +4.0% |
| 1980 | 27,005 constant 2015 US$ | +7.4% |
| 1981 | 26,759 constant 2015 US$ | -0.9% |
| 1982 | 25,328 constant 2015 US$ | -5.3% |
| 1983 | 25,902 constant 2015 US$ | +2.3% |
| 1984 | 24,280 constant 2015 US$ | -6.3% |
| 1985 | 24,932 constant 2015 US$ | +2.7% |
| 1986 | 26,551 constant 2015 US$ | +6.5% |
| 1987 | 27,705 constant 2015 US$ | +4.3% |
| 1988 | 28,884 constant 2015 US$ | +4.3% |
| 1989 | 30,529 constant 2015 US$ | +5.7% |
| 1990 | 26,806 constant 2015 US$ | -12.2% |
| 1991 | 26,823 constant 2015 US$ | +0.1% |
| 1992 | 25,544 constant 2015 US$ | -4.8% |
| 1993 | 24,304 constant 2015 US$ | -4.9% |
| 1994 | 25,605 constant 2015 US$ | +5.4% |
| 1995 | 26,416 constant 2015 US$ | +3.2% |
| 1996 | 26,773 constant 2015 US$ | +1.3% |
| 1997 | 27,117 constant 2015 US$ | +1.3% |
| 1998 | 29,169 constant 2015 US$ | +7.6% |
| 1999 | 29,571 constant 2015 US$ | +1.4% |
| 2000 | 31,623 constant 2015 US$ | +6.9% |
| 2001 | 31,914 constant 2015 US$ | +0.9% |
| 2002 | 31,484 constant 2015 US$ | -1.3% |
| 2003 | 32,788 constant 2015 US$ | +4.1% |
| 2004 | 34,962 constant 2015 US$ | +6.6% |
| 2005 | 36,682 constant 2015 US$ | +4.9% |
| 2006 | 38,829 constant 2015 US$ | +5.9% |
| 2007 | 39,897 constant 2015 US$ | +2.8% |
| 2008 | 42,528 constant 2015 US$ | +6.6% |
| 2009 | 42,900 constant 2015 US$ | +0.9% |
| 2010 | 43,482 constant 2015 US$ | +1.4% |
| 2011 | 42,995 constant 2015 US$ | -1.1% |
| 2012 | 43,656 constant 2015 US$ | +1.5% |
| 2013 | 43,338 constant 2015 US$ | -0.7% |
| 2014 | 45,545 constant 2015 US$ | +5.1% |
| 2015 | 44,536 constant 2015 US$ | -2.2% |
| 2016 | 46,562 constant 2015 US$ | +4.5% |
| 2017 | 46,598 constant 2015 US$ | +0.1% |
| 2018 | 47,013 constant 2015 US$ | +0.9% |
| 2019 | 48,171 constant 2015 US$ | +2.5% |
| 2020 | 48,170 constant 2015 US$ | -0.0% |
| 2021 | 48,710 constant 2015 US$ | +1.1% |
| 2022 | 49,679 constant 2015 US$ | +2.0% |
| 2023 | 49,930 constant 2015 US$ | +0.5% |
Greenland compared with similar countries
- Greenland's 49,930 constant 2015 US$ is above the median for high income countries, which is 34,672 constant 2015 US$, 1.4× the median. (80 countries reporting)
- Greenland's 49,930 constant 2015 US$ is above the median for Europe & Central Asia, which is 20,282 constant 2015 US$, 2.5× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20,081 constant 2015 US$ | 15,375 constant 2015 US$ | 25,150 constant 2015 US$ | 10 |
| 1980s | 26,787 constant 2015 US$ | 24,280 constant 2015 US$ | 30,529 constant 2015 US$ | 10 |
| 1990s | 26,813 constant 2015 US$ | 24,304 constant 2015 US$ | 29,571 constant 2015 US$ | 10 |
| 2000s | 36,361 constant 2015 US$ | 31,484 constant 2015 US$ | 42,900 constant 2015 US$ | 10 |
| 2010s | 45,190 constant 2015 US$ | 42,995 constant 2015 US$ | 48,171 constant 2015 US$ | 10 |
| 2020s | 49,122 constant 2015 US$ | 48,170 constant 2015 US$ | 49,930 constant 2015 US$ | 4 |
Countries ranked near Greenland
- 19 Sweden 55,014 constant 2015 US$ compare
- 20 Netherlands 51,817 constant 2015 US$ compare
- 21 San Marino 51,324 constant 2015 US$ compare
- 23 United Kingdom 48,422 constant 2015 US$ compare
- 24 Hong Kong 46,450 constant 2015 US$ compare
- 25 Austria 46,090 constant 2015 US$ 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 per capita in Greenland?
- Gdp per capita in Greenland was 49,930 constant 2015 US$ in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita recorded in Greenland?
- The highest recorded value was 49,930 constant 2015 US$ in 2023.
- What is the lowest gdp per capita recorded in Greenland?
- The lowest recorded value was 15,375 constant 2015 US$ in 1970.
- How does Greenland rank for gdp per capita?
- Greenland ranks 22nd out of 212 countries with data for 2023.
- Is gdp per capita rising or falling in Greenland?
- Over the last ten years it is up 15.2%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP per capita (constant 2015 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.