Gross domestic product (GDP) in Greenland
Greenland: Gross domestic product (GDP) was 2.84 billion constant 2015 US$ in 2023. ▲ Rising
Gross domestic product (GDP) in Greenland, 1970–2023
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
In 2023, gross domestic product (gdp) in Greenland stood at 2.84 billion constant 2015 US$. That is the highest value across all 54 years on record.
The figure is up 0.9% on the previous year and up 16.0% over ten years.
Over the whole period, gross domestic product (gdp) in Greenland peaked at 2.84 billion constant 2015 US$ in 2023 and was at its lowest, 713.41 million constant 2015 US$, in 1970.
That places Greenland 176th out of 209 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 982.14 million constant 2015 US$ | 713.41 million constant 2015 US$ | 1.25 billion constant 2015 US$ | 10 |
| 1980s | 1.42 billion constant 2015 US$ | 1.28 billion constant 2015 US$ | 1.69 billion constant 2015 US$ | 10 |
| 1990s | 1.49 billion constant 2015 US$ | 1.34 billion constant 2015 US$ | 1.66 billion constant 2015 US$ | 10 |
| 2000s | 2.06 billion constant 2015 US$ | 1.78 billion constant 2015 US$ | 2.42 billion constant 2015 US$ | 10 |
| 2010s | 2.55 billion constant 2015 US$ | 2.45 billion constant 2015 US$ | 2.71 billion constant 2015 US$ | 10 |
| 2020s | 2.78 billion constant 2015 US$ | 2.72 billion constant 2015 US$ | 2.84 billion constant 2015 US$ | 4 |
Countries ranked near Greenland
- 173 Andorra 3.51 billion constant 2015 US$ compare
- 174 Faroe Islands 3.24 billion constant 2015 US$ compare
- 175 Bhutan 3.18 billion constant 2015 US$ compare
- 177 Curacao 2.81 billion constant 2015 US$ compare
- 178 Belize 2.70 billion constant 2015 US$ compare
- 179 Turks and Caicos Islands 2.66 billion constant 2015 US$ compare
More economy & growth data for Greenland
- External balance on goods and services as a percent of GDP -10.3% (2023)
- GDP per capita 49,930 constant 2015 US$ (2023)
- Share of manufacturing in gross domestic product (GDP) 2.7% (2023)
- GDP per capita in international and market dollars 49,930 constant 2015 US$ (2023)
- DEC alternative conversion factor 6.62 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 3.48 billion current LCU (2002)
- Net secondary income (Net current transfers from abroad) 440.17 million current US$ (2002)
- Taxes less subsidies on products 918.60 million current LCU (2023)
- Taxes less subsidies on products 133.33 million current US$ (2023)
- Net primary income (Net income from abroad) -1.13 billion current LCU (2007)
Frequently asked questions
- What is gross domestic product (gdp) in Greenland?
- Gross domestic product (gdp) in Greenland was 2.84 billion constant 2015 US$ in 2023, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Greenland?
- The highest recorded value was 2.84 billion constant 2015 US$ in 2023.
- What is the lowest gross domestic product (gdp) recorded in Greenland?
- The lowest recorded value was 713.41 million constant 2015 US$ in 1970.
- How does Greenland rank for gross domestic product (gdp)?
- Greenland ranks 176th out of 209 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Greenland?
- Over the last ten years it is up 16.0%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.