GDP per capita in Greenland
Greenland: GDP per capita was 403,041 current LCU in 2023. ◆ Volatile
GDP per capita in Greenland, 1970–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2023, gdp per capita in Greenland stood at 403,041 current LCU. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 2.4% on the previous year and up 51.0% over ten years.
Over the whole period, gdp per capita in Greenland peaked at 403,041 current LCU in 2023 and was at its lowest, 11,237 current LCU, in 1970.
That places Greenland 75th out of 214 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 per capita in Greenland, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 11,237 current LCU | — |
| 1971 | 13,919 current LCU | +23.9% |
| 1972 | 15,266 current LCU | +9.7% |
| 1973 | 17,303 current LCU | +13.3% |
| 1974 | 20,922 current LCU | +20.9% |
| 1975 | 24,467 current LCU | +16.9% |
| 1976 | 29,286 current LCU | +19.7% |
| 1977 | 34,302 current LCU | +17.1% |
| 1978 | 39,901 current LCU | +16.3% |
| 1979 | 44,617 current LCU | +11.8% |
| 1980 | 53,446 current LCU | +19.8% |
| 1981 | 60,863 current LCU | +13.9% |
| 1982 | 65,107 current LCU | +7.0% |
| 1983 | 73,052 current LCU | +12.2% |
| 1984 | 74,554 current LCU | +2.1% |
| 1985 | 82,237 current LCU | +10.3% |
| 1986 | 91,196 current LCU | +10.9% |
| 1987 | 99,556 current LCU | +9.2% |
| 1988 | 110,383 current LCU | +10.9% |
| 1989 | 122,911 current LCU | +11.3% |
| 1990 | 113,417 current LCU | -7.7% |
| 1991 | 117,153 current LCU | +3.3% |
| 1992 | 113,291 current LCU | -3.3% |
| 1993 | 108,913 current LCU | -3.9% |
| 1994 | 115,279 current LCU | +5.8% |
| 1995 | 121,380 current LCU | +5.3% |
| 1996 | 124,222 current LCU | +2.3% |
| 1997 | 126,446 current LCU | +1.8% |
| 1998 | 137,344 current LCU | +8.6% |
| 1999 | 140,713 current LCU | +2.5% |
| 2000 | 153,653 current LCU | +9.2% |
| 2001 | 160,343 current LCU | +4.4% |
| 2002 | 163,089 current LCU | +1.7% |
| 2003 | 180,941 current LCU | +10.9% |
| 2004 | 191,900 current LCU | +6.1% |
| 2005 | 194,838 current LCU | +1.5% |
| 2006 | 210,859 current LCU | +8.2% |
| 2007 | 216,556 current LCU | +2.7% |
| 2008 | 226,188 current LCU | +4.4% |
| 2009 | 240,804 current LCU | +6.5% |
| 2010 | 249,018 current LCU | +3.4% |
| 2011 | 253,333 current LCU | +1.7% |
| 2012 | 266,089 current LCU | +5.0% |
| 2013 | 266,974 current LCU | +0.3% |
| 2014 | 283,347 current LCU | +6.1% |
| 2015 | 299,636 current LCU | +5.7% |
| 2016 | 324,346 current LCU | +8.2% |
| 2017 | 335,201 current LCU | +3.3% |
| 2018 | 344,432 current LCU | +2.8% |
| 2019 | 355,543 current LCU | +3.2% |
| 2020 | 358,593 current LCU | +0.9% |
| 2021 | 365,508 current LCU | +1.9% |
| 2022 | 393,682 current LCU | +7.7% |
| 2023 | 403,041 current LCU | +2.4% |
Greenland compared with similar countries
- Greenland's 403,041 current LCU is above the median for high income countries, which is 70,749 current LCU, 5.7× the median. (82 countries reporting)
- Greenland's 403,041 current LCU is above the median for Europe & Central Asia, which is 60,450 current LCU, 6.7× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25,122 current LCU | 11,237 current LCU | 44,617 current LCU | 10 |
| 1980s | 83,331 current LCU | 53,446 current LCU | 122,911 current LCU | 10 |
| 1990s | 121,816 current LCU | 108,913 current LCU | 140,713 current LCU | 10 |
| 2000s | 193,917 current LCU | 153,653 current LCU | 240,804 current LCU | 10 |
| 2010s | 297,792 current LCU | 249,018 current LCU | 355,543 current LCU | 10 |
| 2020s | 380,206 current LCU | 358,593 current LCU | 403,041 current LCU | 4 |
Countries ranked near Greenland
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 403,041 current LCU 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 403,041 current LCU in 2023.
- What is the lowest gdp per capita recorded in Greenland?
- The lowest recorded value was 11,237 current LCU in 1970.
- How does Greenland rank for gdp per capita?
- Greenland ranks 75th out of 214 countries with data for 2023.
- Is gdp per capita rising or falling in Greenland?
- Over the last ten years it is up 51.0%. The long-run trend across the full record is volatile.
- 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 (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.