Gdp worldbank in Greenland
Greenland: Gdp worldbank was 4.04 billion in 2023. ▲ Rising
Latest (2023)
4.04 billion
Change on year
up 0.9%
World rank
176th
of 198 countries
All-time high
4.04 billion
in 2023
All-time low
1.91 billion
in 1993
Years of data
34
1990–2023
Gdp worldbank in Greenland, 1990–2023
Source: Our World in Data.
Analysis
Greenland recorded 4.04 billion for gdp worldbank in 2023. That is the highest value across all 34 years on record.
The figure is up 0.9% on the previous year and up 16.0% over ten years.
Over the whole period, gdp worldbank in Greenland peaked at 4.04 billion in 2023 and was at its lowest, 1.91 billion, in 1993.
That places Greenland 176th out of 198 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Gdp worldbank in Greenland, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 2.12 billion | — |
| 1991 | 2.12 billion | -0.1% |
| 1992 | 2.01 billion | -5.1% |
| 1993 | 1.91 billion | -5.0% |
| 1994 | 2.02 billion | +5.9% |
| 1995 | 2.10 billion | +3.7% |
| 1996 | 2.13 billion | +1.5% |
| 1997 | 2.16 billion | +1.5% |
| 1998 | 2.33 billion | +7.8% |
| 1999 | 2.36 billion | +1.4% |
| 2000 | 2.53 billion | +7.1% |
| 2001 | 2.56 billion | +1.3% |
| 2002 | 2.54 billion | -1.0% |
| 2003 | 2.65 billion | +4.4% |
| 2004 | 2.83 billion | +6.9% |
| 2005 | 2.97 billion | +5.0% |
| 2006 | 3.14 billion | +5.6% |
| 2007 | 3.21 billion | +2.4% |
| 2008 | 3.41 billion | +6.2% |
| 2009 | 3.44 billion | +0.9% |
| 2010 | 3.50 billion | +1.7% |
| 2011 | 3.48 billion | -0.5% |
| 2012 | 3.53 billion | +1.4% |
| 2013 | 3.48 billion | -1.3% |
| 2014 | 3.65 billion | +4.7% |
| 2015 | 3.56 billion | -2.5% |
| 2016 | 3.72 billion | +4.7% |
| 2017 | 3.72 billion | +0.1% |
| 2018 | 3.75 billion | +0.6% |
| 2019 | 3.85 billion | +2.8% |
| 2020 | 3.86 billion | +0.3% |
| 2021 | 3.93 billion | +1.6% |
| 2022 | 4.00 billion | +2.0% |
| 2023 | 4.04 billion | +0.9% |
Greenland compared with similar countries
- Greenland's 4.04 billion is below the median for high income countries, which is 209.44 billion, 2% of the median. (74 countries reporting)
- Greenland's 4.04 billion is below the median for Europe & Central Asia, which is 249.10 billion, 2% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.13 billion | 1.91 billion | 2.36 billion | 10 |
| 2000s | 2.93 billion | 2.53 billion | 3.44 billion | 10 |
| 2010s | 3.62 billion | 3.48 billion | 3.85 billion | 10 |
| 2020s | 3.96 billion | 3.86 billion | 4.04 billion | 4 |
Countries ranked near Greenland
- 173 United States Virgin Islands 4.90 billion compare
- 174 Curacao 4.49 billion compare
- 175 Saint Lucia 4.41 billion compare
- 177 Faroe Islands 3.94 billion compare
- 178 Seychelles 3.76 billion compare
- 179 Comoros 3.20 billion compare
More economy & growth data for Greenland
- General government final consumption expenditure (constant 2015 US$) 0.367 constant 2015 US$ per US$ of GDP (2023)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2023)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.3182 % change on previous year (2023)
- Gross national expenditure (current LCU), per capita 444,525 current LCU per person (2023)
- Gross national expenditure (current LCU), per unit of GDP 7.6 current LCU per US$ of GDP (2023)
- Gross national expenditure (current US$), per capita 64,520 current US$ per person (2023)
- General government final consumption expenditure (constant 2015 US$) 21,468 constant 2015 US$ per person (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Gross national expenditure (constant 2015 US$), per unit of GDP 1 constant 2015 US$ per US$ of GDP (2023)
- Gross national expenditure (current LCU), annual growth rate 1.37 % change on previous year (2023)
Frequently asked questions
- What is gdp worldbank in Greenland?
- Gdp worldbank in Greenland was 4.04 billion in 2023, according to Our World in Data.
- What is the highest gdp worldbank recorded in Greenland?
- The highest recorded value was 4.04 billion in 2023.
- What is the lowest gdp worldbank recorded in Greenland?
- The lowest recorded value was 1.91 billion in 1993.
- How does Greenland rank for gdp worldbank?
- Greenland ranks 176th out of 198 countries with data for 2023.
- Is gdp worldbank 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 Our World in Data, published as part of Gdp worldbank. Statizoid updates them automatically from the source API.
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