Gross domestic product (GDP), per unit of GDP in Greenland
Greenland: Gross domestic product (GDP), per unit of GDP was 1.21 international-$ in 2021 prices per US$ of GDP in 2023. ▼ Falling
Gross domestic product (GDP), per unit of GDP in Greenland, 1990–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
The most recent figure for gross domestic product (gdp), per unit of gdp in Greenland is 1.21 international-$ in 2021 prices per US$ of GDP, measured in 2023.
The figure is down 4.4% on the previous year and down 6.4% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Greenland peaked at 2.37 international-$ in 2021 prices per US$ of GDP in 2000 and was at its lowest, 1.19 international-$ in 2021 prices per US$ of GDP, in 2021.
That places Greenland 157th out of 198 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Gross domestic product (GDP), per unit of GDP in Greenland, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1990 | 2.08 international-$ in 2021 prices per US$ of GDP | — |
| 1991 | 2.08 international-$ in 2021 prices per US$ of GDP | +0.1% |
| 1992 | 1.94 international-$ in 2021 prices per US$ of GDP | -7.1% |
| 1993 | 2.06 international-$ in 2021 prices per US$ of GDP | +6.3% |
| 1994 | 2.01 international-$ in 2021 prices per US$ of GDP | -2.4% |
| 1995 | 1.73 international-$ in 2021 prices per US$ of GDP | -13.7% |
| 1996 | 1.78 international-$ in 2021 prices per US$ of GDP | +2.5% |
| 1997 | 2.02 international-$ in 2021 prices per US$ of GDP | +13.3% |
| 1998 | 2.02 international-$ in 2021 prices per US$ of GDP | +0.5% |
| 1999 | 2.09 international-$ in 2021 prices per US$ of GDP | +3.0% |
| 2000 | 2.37 international-$ in 2021 prices per US$ of GDP | +13.5% |
| 2001 | 2.36 international-$ in 2021 prices per US$ of GDP | -0.4% |
| 2002 | 2.17 international-$ in 2021 prices per US$ of GDP | -8.0% |
| 2003 | 1.7 international-$ in 2021 prices per US$ of GDP | -21.7% |
| 2004 | 1.55 international-$ in 2021 prices per US$ of GDP | -8.6% |
| 2005 | 1.61 international-$ in 2021 prices per US$ of GDP | +3.4% |
| 2006 | 1.56 international-$ in 2021 prices per US$ of GDP | -3.0% |
| 2007 | 1.43 international-$ in 2021 prices per US$ of GDP | -8.4% |
| 2008 | 1.36 international-$ in 2021 prices per US$ of GDP | -4.4% |
| 2009 | 1.36 international-$ in 2021 prices per US$ of GDP | -0.4% |
| 2010 | 1.4 international-$ in 2021 prices per US$ of GDP | +2.8% |
| 2011 | 1.3 international-$ in 2021 prices per US$ of GDP | -7.2% |
| 2012 | 1.35 international-$ in 2021 prices per US$ of GDP | +4.3% |
| 2013 | 1.3 international-$ in 2021 prices per US$ of GDP | -4.1% |
| 2014 | 1.28 international-$ in 2021 prices per US$ of GDP | -1.0% |
| 2015 | 1.42 international-$ in 2021 prices per US$ of GDP | +10.8% |
| 2016 | 1.37 international-$ in 2021 prices per US$ of GDP | -3.4% |
| 2017 | 1.31 international-$ in 2021 prices per US$ of GDP | -5.0% |
| 2018 | 1.23 international-$ in 2021 prices per US$ of GDP | -6.1% |
| 2019 | 1.29 international-$ in 2021 prices per US$ of GDP | +4.8% |
| 2020 | 1.25 international-$ in 2021 prices per US$ of GDP | -2.7% |
| 2021 | 1.19 international-$ in 2021 prices per US$ of GDP | -4.7% |
| 2022 | 1.27 international-$ in 2021 prices per US$ of GDP | +6.6% |
| 2023 | 1.21 international-$ in 2021 prices per US$ of GDP | -4.4% |
Greenland compared with similar countries
- Greenland's 1.21 international-$ in 2021 prices per US$ of GDP is below the median for high income countries, which is 1.24 international-$ in 2021 prices per US$ of GDP, 98% of the median. (74 countries reporting)
- Greenland's 1.21 international-$ in 2021 prices per US$ of GDP is below the median for Europe & Central Asia, which is 1.42 international-$ in 2021 prices per US$ of GDP, 85% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.98 international-$ in 2021 prices per US$ of GDP | 1.73 international-$ in 2021 prices per US$ of GDP | 2.09 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 1.75 international-$ in 2021 prices per US$ of GDP | 1.36 international-$ in 2021 prices per US$ of GDP | 2.37 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 1.32 international-$ in 2021 prices per US$ of GDP | 1.23 international-$ in 2021 prices per US$ of GDP | 1.42 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 1.23 international-$ in 2021 prices per US$ of GDP | 1.19 international-$ in 2021 prices per US$ of GDP | 1.27 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Greenland
- 154 Saint Kitts and Nevis 1.25 international-$ in 2021 prices per US$ of GDP compare
- 155 Italy 1.24 international-$ in 2021 prices per US$ of GDP compare
- 156 Antigua and Barbuda 1.23 international-$ in 2021 prices per US$ of GDP compare
- 158 Estonia 1.21 international-$ in 2021 prices per US$ of GDP compare
- 159 Hong Kong 1.21 international-$ in 2021 prices per US$ of GDP compare
- 160 San Marino 1.19 international-$ in 2021 prices per US$ of GDP 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 gross domestic product (gdp), per unit of gdp in Greenland?
- Gross domestic product (gdp), per unit of gdp in Greenland was 1.21 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Greenland?
- The highest recorded value was 2.37 international-$ in 2021 prices per US$ of GDP in 2000.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Greenland?
- The lowest recorded value was 1.19 international-$ in 2021 prices per US$ of GDP in 2021.
- How does Greenland rank for gross domestic product (gdp), per unit of gdp?
- Greenland ranks 157th out of 198 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is down 6.4%. The long-run trend across the full record is falling.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.