GDP per capita growth (annual %) (Country official) in Greenland
Greenland: GDP per capita growth (annual %) (Country official) was 0.5% in 2023. ◆ Volatile
GDP per capita growth in Greenland, 1971–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
Greenland recorded 0.5% for gdp per capita growth in 2023.
The figure is down 74.7% on the previous year and up 169.4% over ten years.
Over the whole period, gdp per capita growth in Greenland peaked at 11.1% in 1971 and was at its lowest, -12.2%, in 1990.
That places Greenland 168th out of 215 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita growth (annual %) (Country official) in Greenland, year by year
| Year | annual % | Change |
|---|---|---|
| 1971 | 11.1% | — |
| 1972 | 3.8% | -66.3% |
| 1973 | 5.3% | +40.5% |
| 1974 | 4.6% | -12.2% |
| 1975 | 0.4% | -90.4% |
| 1976 | 5.7% | +1196.1% |
| 1977 | 9.5% | +65.0% |
| 1978 | 6.4% | -32.0% |
| 1979 | 4.0% | -37.7% |
| 1980 | 7.4% | +83.7% |
| 1981 | -0.9% | -112.4% |
| 1982 | -5.3% | +485.2% |
| 1983 | 2.3% | -142.4% |
| 1984 | -6.3% | -376.2% |
| 1985 | 2.7% | -142.9% |
| 1986 | 6.5% | +142.2% |
| 1987 | 4.3% | -33.1% |
| 1988 | 4.3% | -2.1% |
| 1989 | 5.7% | +33.9% |
| 1990 | -12.2% | -314.1% |
| 1991 | 0.1% | -100.5% |
| 1992 | -4.8% | -7269.5% |
| 1993 | -4.9% | +1.8% |
| 1994 | 5.4% | -210.2% |
| 1995 | 3.2% | -40.7% |
| 1996 | 1.3% | -57.5% |
| 1997 | 1.3% | -4.5% |
| 1998 | 7.6% | +487.5% |
| 1999 | 1.4% | -81.8% |
| 2000 | 6.9% | +403.6% |
| 2001 | 0.9% | -86.7% |
| 2002 | -1.3% | -246.6% |
| 2003 | 4.1% | -407.1% |
| 2004 | 6.6% | +60.0% |
| 2005 | 4.9% | -25.8% |
| 2006 | 5.9% | +19.0% |
| 2007 | 2.8% | -53.0% |
| 2008 | 6.6% | +139.7% |
| 2009 | 0.9% | -86.7% |
| 2010 | 1.4% | +55.0% |
| 2011 | -1.1% | -182.5% |
| 2012 | 1.5% | -237.3% |
| 2013 | -0.7% | -147.3% |
| 2014 | 5.1% | -800.5% |
| 2015 | -2.2% | -143.5% |
| 2016 | 4.5% | -305.3% |
| 2017 | 0.1% | -98.3% |
| 2018 | 0.9% | +1046.8% |
| 2019 | 2.5% | +176.5% |
| 2020 | -0.0% | -100.1% |
| 2021 | 1.1% | -63704.7% |
| 2022 | 2.0% | +77.5% |
| 2023 | 0.5% | -74.7% |
Greenland compared with similar countries
- Greenland's 0.5% is below the median for high income countries, which is 1.7%, 30% of the median. (83 countries reporting)
- Greenland's 0.5% is below the median for Europe & Central Asia, which is 1.8%, 28% of the median. (56 countries reporting)
Biggest year-on-year movements
Years where GDP per capita growth (annual %) (Country official) in Greenland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +63704.7% | -0.0% | 1.1% |
| 1992 | -7269.5% | 0.1% | -4.8% |
| 1976 | +1196.1% | 0.4% | 5.7% |
| 2018 | +1046.8% | 0.1% | 0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.7% | 0.4% | 11.1% | 9 |
| 1980s | 2.1% | -6.3% | 7.4% | 10 |
| 1990s | -0.2% | -12.2% | 7.6% | 10 |
| 2000s | 3.8% | -1.3% | 6.9% | 10 |
| 2010s | 1.2% | -2.2% | 5.1% | 10 |
| 2020s | 0.9% | -0.0% | 2.0% | 4 |
Countries ranked near Greenland
- 165 France 0.6% compare
- 166 Cameroon 0.6% compare
- 167 Madagascar 0.6% compare
- 169 Faroe Islands 0.4% compare
- 170 Norway 0.4% compare
- 171 Switzerland 0.3% 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 growth in Greenland?
- Gdp per capita growth in Greenland was 0.5% in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita growth recorded in Greenland?
- The highest recorded value was 11.1% in 1971.
- What is the lowest gdp per capita growth recorded in Greenland?
- The lowest recorded value was -12.2% in 1990.
- How does Greenland rank for gdp per capita growth?
- Greenland ranks 168th out of 215 countries with data for 2023.
- Is gdp per capita growth rising or falling in Greenland?
- Over the last ten years it is up 169.4%. 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 growth (annual %). 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.