Gross domestic product (GDP) in Greenland
Greenland: Gross domestic product (GDP) was 4.04 billion international-$ in 2021 prices in 2023. ▲ Rising
Gross domestic product (GDP) in Greenland, 1990–2023
Source: Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Greenland recorded 4.04 billion international-$ in 2021 prices for gross domestic product (gdp) 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, gross domestic product (gdp) in Greenland peaked at 4.04 billion international-$ in 2021 prices in 2023 and was at its lowest, 1.91 billion international-$ in 2021 prices, 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.13 billion international-$ in 2021 prices | 1.91 billion international-$ in 2021 prices | 2.36 billion international-$ in 2021 prices | 10 |
| 2000s | 2.93 billion international-$ in 2021 prices | 2.53 billion international-$ in 2021 prices | 3.44 billion international-$ in 2021 prices | 10 |
| 2010s | 3.62 billion international-$ in 2021 prices | 3.48 billion international-$ in 2021 prices | 3.85 billion international-$ in 2021 prices | 10 |
| 2020s | 3.96 billion international-$ in 2021 prices | 3.86 billion international-$ in 2021 prices | 4.04 billion international-$ in 2021 prices | 4 |
Countries ranked near Greenland
- 173 United States Virgin Islands 4.90 billion international-$ in 2021 prices compare
- 174 Curacao 4.49 billion international-$ in 2021 prices compare
- 175 Saint Lucia 4.41 billion international-$ in 2021 prices compare
- 177 Faroe Islands 3.94 billion international-$ in 2021 prices compare
- 178 Seychelles 3.76 billion international-$ in 2021 prices compare
- 179 Comoros 3.20 billion international-$ in 2021 prices compare
More economy & growth data for Greenland
- Services, value added 61.0% (2023)
- Industry (including construction), value added 3.80 billion constant LCU (2023)
- Industry (including construction), value added 18.4% (2023)
- Services, value added 2.03 billion current US$ (2023)
- Services, value added 13.98 billion current LCU (2023)
- Services, value added 1.75 billion constant 2015 US$ (2023)
- Services, value added 2.2% (2023)
- Services, value added 10.29 billion constant LCU (2023)
- Net secondary income (Net current transfers from abroad) 440.17 million current US$ (2002)
- Net secondary income (Net current transfers from abroad) 3.48 billion current LCU (2002)
Frequently asked questions
- What is gross domestic product (gdp) in Greenland?
- Gross domestic product (gdp) in Greenland was 4.04 billion international-$ in 2021 prices in 2023, according to Eurostat, OECD, IMF, and World Bank (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 4.04 billion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Greenland?
- The lowest recorded value was 1.91 billion international-$ in 2021 prices in 1993.
- How does Greenland rank for gross domestic product (gdp)?
- Greenland ranks 176th out of 198 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 Eurostat, OECD, IMF, and World Bank (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.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.