Gross Domestic Product — Value US$, 2015 prices in Greenland
Greenland: Gross Domestic Product — Value US$, 2015 prices was 2,890 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices in Greenland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$, 2015 prices in Greenland stood at 2,890 million USD. That is the highest value across all 55 years on record.
That represents a change of up 2.7% on the previous year and up 12.7% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Greenland peaked at 2,890 million USD in 2024 and was at its lowest, 747.85 million USD, in 1970.
Greenland ranks 169th of 203 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices in Greenland, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 747.85 million USD | — |
| 1971 | 845.53 million USD | +13.1% |
| 1972 | 897.76 million USD | +6.2% |
| 1973 | 958.86 million USD | +6.8% |
| 1974 | 1,014 million USD | +5.7% |
| 1975 | 1,020 million USD | +0.6% |
| 1976 | 1,081 million USD | +6.0% |
| 1977 | 1,176 million USD | +8.8% |
| 1978 | 1,247 million USD | +6.0% |
| 1979 | 1,308 million USD | +4.9% |
| 1980 | 1,421 million USD | +8.7% |
| 1981 | 1,431 million USD | +0.7% |
| 1982 | 1,367 million USD | -4.4% |
| 1983 | 1,415 million USD | +3.5% |
| 1984 | 1,341 million USD | -5.2% |
| 1985 | 1,390 million USD | +3.7% |
| 1986 | 1,489 million USD | +7.1% |
| 1987 | 1,571 million USD | +5.5% |
| 1988 | 1,659 million USD | +5.6% |
| 1989 | 1,770 million USD | +6.7% |
| 1990 | 1,562 million USD | -11.7% |
| 1991 | 1,561 million USD | -0.1% |
| 1992 | 1,481 million USD | -5.1% |
| 1993 | 1,406 million USD | -5.0% |
| 1994 | 1,490 million USD | +5.9% |
| 1995 | 1,545 million USD | +3.7% |
| 1996 | 1,569 million USD | +1.5% |
| 1997 | 1,592 million USD | +1.5% |
| 1998 | 1,715 million USD | +7.8% |
| 1999 | 1,739 million USD | +1.4% |
| 2000 | 1,863 million USD | +7.1% |
| 2001 | 1,886 million USD | +1.3% |
| 2002 | 1,868 million USD | -1.0% |
| 2003 | 1,861 million USD | -0.4% |
| 2004 | 1,989 million USD | +6.9% |
| 2005 | 2,088 million USD | +5.0% |
| 2006 | 2,204 million USD | +5.6% |
| 2007 | 2,256 million USD | +2.4% |
| 2008 | 2,396 million USD | +6.2% |
| 2009 | 2,416 million USD | +0.9% |
| 2010 | 2,458 million USD | +1.7% |
| 2011 | 2,446 million USD | -0.5% |
| 2012 | 2,480 million USD | +1.4% |
| 2013 | 2,448 million USD | -1.3% |
| 2014 | 2,564 million USD | +4.7% |
| 2015 | 2,499 million USD | -2.5% |
| 2016 | 2,616 million USD | +4.7% |
| 2017 | 2,617 million USD | +0.1% |
| 2018 | 2,634 million USD | +0.6% |
| 2019 | 2,708 million USD | +2.8% |
| 2020 | 2,713 million USD | +0.2% |
| 2021 | 2,748 million USD | +1.3% |
| 2022 | 2,788 million USD | +1.4% |
| 2023 | 2,815 million USD | +1.0% |
| 2024 | 2,890 million USD | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,030 million USD | 747.85 million USD | 1,308 million USD | 10 |
| 1980s | 1,485 million USD | 1,341 million USD | 1,770 million USD | 10 |
| 1990s | 1,566 million USD | 1,406 million USD | 1,739 million USD | 10 |
| 2000s | 2,083 million USD | 1,861 million USD | 2,416 million USD | 10 |
| 2010s | 2,547 million USD | 2,446 million USD | 2,708 million USD | 10 |
| 2020s | 2,791 million USD | 2,713 million USD | 2,890 million USD | 5 |
Countries ranked near Greenland
More economy & growth data for Greenland
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2023)
- GNI (current LCU), annual growth rate 12.79 % change on previous year (2007)
- GNI (current US$), per capita 36,110 current US$ per person (2007)
- Gdp worldbank constant usd, annual growth rate 0.8661 % change on previous year (2023)
- GNI (current US$), per unit of GDP 0.9077 current US$ per US$ of GDP (2007)
- Gdp worldbank constant usd, per unit of GDP 0.8535 units per US$ of GDP (2023)
- Gdp worldbank constant usd, per capita 49,930 units per person (2023)
- GNI (current US$), annual growth rate 23.21 % change on previous year (2007)
- Gross domestic savings (current LCU), per capita 103,593 current LCU per person (2023)
- GNI, Atlas method (current US$), annual growth rate 14.64 % change on previous year (2007)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Greenland?
- Gross domestic product — value us$, 2015 prices in Greenland was 2,890 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Greenland?
- The highest recorded value was 2,890 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Greenland?
- The lowest recorded value was 747.85 million USD in 1970.
- How does Greenland rank for gross domestic product — value us$, 2015 prices?
- Greenland ranks 169th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).