Gross Domestic Product — Value Standard Local Currency, 2015 prices in Greenland
Greenland: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 19,440 million SLC in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Greenland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Greenland is 19,440 million SLC, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.7% on the previous year and up 12.7% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Greenland peaked at 19,440 million SLC in 2024 and was at its lowest, 5,031 million SLC, in 1970.
Greenland ranks 153rd of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Greenland, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 5,031 million SLC | — |
| 1971 | 5,689 million SLC | +13.1% |
| 1972 | 6,040 million SLC | +6.2% |
| 1973 | 6,451 million SLC | +6.8% |
| 1974 | 6,819 million SLC | +5.7% |
| 1975 | 6,863 million SLC | +0.6% |
| 1976 | 7,272 million SLC | +6.0% |
| 1977 | 7,914 million SLC | +8.8% |
| 1978 | 8,390 million SLC | +6.0% |
| 1979 | 8,798 million SLC | +4.9% |
| 1980 | 9,561 million SLC | +8.7% |
| 1981 | 9,625 million SLC | +0.7% |
| 1982 | 9,199 million SLC | -4.4% |
| 1983 | 9,517 million SLC | +3.5% |
| 1984 | 9,024 million SLC | -5.2% |
| 1985 | 9,354 million SLC | +3.7% |
| 1986 | 10,018 million SLC | +7.1% |
| 1987 | 10,571 million SLC | +5.5% |
| 1988 | 11,163 million SLC | +5.6% |
| 1989 | 11,907 million SLC | +6.7% |
| 1990 | 10,511 million SLC | -11.7% |
| 1991 | 10,499 million SLC | -0.1% |
| 1992 | 9,963 million SLC | -5.1% |
| 1993 | 9,462 million SLC | -5.0% |
| 1994 | 10,022 million SLC | +5.9% |
| 1995 | 10,396 million SLC | +3.7% |
| 1996 | 10,555 million SLC | +1.5% |
| 1997 | 10,710 million SLC | +1.5% |
| 1998 | 11,541 million SLC | +7.8% |
| 1999 | 11,700 million SLC | +1.4% |
| 2000 | 12,531 million SLC | +7.1% |
| 2001 | 12,690 million SLC | +1.3% |
| 2002 | 12,567 million SLC | -1.0% |
| 2003 | 12,519 million SLC | -0.4% |
| 2004 | 13,384 million SLC | +6.9% |
| 2005 | 14,051 million SLC | +5.0% |
| 2006 | 14,832 million SLC | +5.6% |
| 2007 | 15,181 million SLC | +2.4% |
| 2008 | 16,117 million SLC | +6.2% |
| 2009 | 16,256 million SLC | +0.9% |
| 2010 | 16,538 million SLC | +1.7% |
| 2011 | 16,456 million SLC | -0.5% |
| 2012 | 16,686 million SLC | +1.4% |
| 2013 | 16,469 million SLC | -1.3% |
| 2014 | 17,250 million SLC | +4.7% |
| 2015 | 16,814 million SLC | -2.5% |
| 2016 | 17,601 million SLC | +4.7% |
| 2017 | 17,610 million SLC | +0.1% |
| 2018 | 17,720 million SLC | +0.6% |
| 2019 | 18,222 million SLC | +2.8% |
| 2020 | 18,256 million SLC | +0.2% |
| 2021 | 18,492 million SLC | +1.3% |
| 2022 | 18,756 million SLC | +1.4% |
| 2023 | 18,938 million SLC | +1.0% |
| 2024 | 19,440 million SLC | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6,927 million SLC | 5,031 million SLC | 8,798 million SLC | 10 |
| 1980s | 9,994 million SLC | 9,024 million SLC | 11,907 million SLC | 10 |
| 1990s | 10,536 million SLC | 9,462 million SLC | 11,700 million SLC | 10 |
| 2000s | 14,013 million SLC | 12,519 million SLC | 16,256 million SLC | 10 |
| 2010s | 17,137 million SLC | 16,456 million SLC | 18,222 million SLC | 10 |
| 2020s | 18,776 million SLC | 18,256 million SLC | 19,440 million SLC | 5 |
Countries ranked near Greenland
- 150 Seychelles 27,456 million SLC compare
- 151 Estonia 24,788 million SLC compare
- 152 Zimbabwe 23,616 million SLC compare
- 154 Brunei Darussalam 18,887 million SLC compare
- 155 South Sudan 17,617 million SLC compare
- 156 Malta 17,305 million SLC compare
More economy & growth data for Greenland
- Exports of goods and services (constant 2015 US$), annual growth rate 3.01 % change on previous year (2023)
- Exports of goods and services (current US$), per unit of GDP 0.408 current US$ per US$ of GDP (2023)
- Exports of goods and services (current US$), per capita 23,867 current US$ per person (2023)
- Exports of goods and services (current LCU), annual growth rate 2.77 % change on previous year (2023)
- Exports of goods and services (current LCU), per unit of GDP 2.81 current LCU per US$ of GDP (2023)
- Exports of goods and services (current LCU), per capita 164,435 current LCU per person (2023)
- Gross fixed capital formation (current US$), annual growth rate 0.3077 % change on previous year (2023)
- Gross fixed capital formation (current US$), per capita 20,291 current US$ per person (2023)
- Gross fixed capital formation (current US$), per unit of GDP 0.3469 current US$ per US$ of GDP (2023)
- Exports of goods and services (current US$), annual growth rate 5.55 % change on previous year (2023)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Greenland?
- Gross domestic product — value standard local currency, 2015 prices in Greenland was 19,440 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Greenland?
- The highest recorded value was 19,440 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Greenland?
- The lowest recorded value was 5,031 million SLC in 1970.
- How does Greenland rank for gross domestic product — value standard local currency, 2015 prices?
- Greenland ranks 153rd out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Greenland?
- Over the last ten years it is up 12.7%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).