Gross Domestic Product — Value US$ per capita in Greenland
Greenland: Gross Domestic Product — Value US$ per capita was 55,200 USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ per capita in Greenland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Greenland recorded 55,200 USD for gross domestic product — value us$ per capita in 2024.
Compared with earlier readings it is up 1.5% on the previous year and up 9.1% over ten years.
Over the whole period, gross domestic product — value us$ per capita in Greenland peaked at 57,740 USD in 2021 and was at its lowest, 1,671 USD, in 1970.
Greenland ranks 24th of 228 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ per capita in Greenland, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 1,671 USD | — |
| 1971 | 2,081 USD | +24.6% |
| 1972 | 2,453 USD | +17.9% |
| 1973 | 3,192 USD | +30.1% |
| 1974 | 3,819 USD | +19.6% |
| 1975 | 4,693 USD | +22.9% |
| 1976 | 5,306 USD | +13.0% |
| 1977 | 6,199 USD | +16.8% |
| 1978 | 7,819 USD | +26.1% |
| 1979 | 9,234 USD | +18.1% |
| 1980 | 10,381 USD | +12.4% |
| 1981 | 9,388 USD | -9.6% |
| 1982 | 8,565 USD | -8.8% |
| 1983 | 8,751 USD | +2.2% |
| 1984 | 7,880 USD | -10.0% |
| 1985 | 8,479 USD | +7.6% |
| 1986 | 12,262 USD | +44.6% |
| 1987 | 15,856 USD | +29.3% |
| 1988 | 17,919 USD | +13.0% |
| 1989 | 18,368 USD | +2.5% |
| 1990 | 20,016 USD | +9.0% |
| 1991 | 19,935 USD | -0.4% |
| 1992 | 20,343 USD | +2.0% |
| 1993 | 18,172 USD | -10.7% |
| 1994 | 19,716 USD | +8.5% |
| 1995 | 23,659 USD | +20.0% |
| 1996 | 23,368 USD | -1.2% |
| 1997 | 20,884 USD | -10.6% |
| 1998 | 22,378 USD | +7.2% |
| 1999 | 22,030 USD | -1.6% |
| 2000 | 20,764 USD | -5.7% |
| 2001 | 21,040 USD | +1.3% |
| 2002 | 22,575 USD | +7.3% |
| 2003 | 27,462 USD | +21.6% |
| 2004 | 32,026 USD | +16.6% |
| 2005 | 32,482 USD | +1.4% |
| 2006 | 35,391 USD | +9.0% |
| 2007 | 39,622 USD | +12.0% |
| 2008 | 44,106 USD | +11.3% |
| 2009 | 44,761 USD | +1.5% |
| 2010 | 44,214 USD | -1.2% |
| 2011 | 47,233 USD | +6.8% |
| 2012 | 45,963 USD | -2.7% |
| 2013 | 47,510 USD | +3.4% |
| 2014 | 50,595 USD | +6.5% |
| 2015 | 44,610 USD | -11.8% |
| 2016 | 48,289 USD | +8.2% |
| 2017 | 50,857 USD | +5.3% |
| 2018 | 54,496 USD | +7.2% |
| 2019 | 53,443 USD | -1.9% |
| 2020 | 54,974 USD | +2.9% |
| 2021 | 57,740 USD | +5.0% |
| 2022 | 52,261 USD | -9.5% |
| 2023 | 54,374 USD | +4.0% |
| 2024 | 55,200 USD | +1.5% |
Greenland compared with similar countries
- Greenland's 55,200 USD is above the median for high income countries, which is 35,958 USD, 1.5× the median. (73 countries reporting)
- Greenland's 55,200 USD is above the median for Europe & Central Asia, which is 26,171 USD, 2.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,647 USD | 1,671 USD | 9,234 USD | 10 |
| 1980s | 11,785 USD | 7,880 USD | 18,368 USD | 10 |
| 1990s | 21,050 USD | 18,172 USD | 23,659 USD | 10 |
| 2000s | 32,023 USD | 20,764 USD | 44,761 USD | 10 |
| 2010s | 48,721 USD | 44,214 USD | 54,496 USD | 10 |
| 2020s | 54,910 USD | 52,261 USD | 57,740 USD | 5 |
Countries ranked near Greenland
More economy & growth data for Greenland
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Gross national expenditure (current LCU), per unit of GDP 7.6 current LCU per US$ of GDP (2023)
- General government final consumption expenditure (current LCU), per 168,109 current LCU per person (2023)
- Gross national expenditure (current LCU), annual growth rate 1.37 % change on previous year (2023)
- Gross national expenditure (current US$), per capita 64,520 current US$ 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 unit of GDP 0.6895 constant 2015 US$ per US$ of GDP (2023)
- Final consumption expenditure (constant 2015 US$), per capita 40,333 constant 2015 US$ per person (2023)
- Gross national expenditure (current LCU), per capita 444,525 current LCU per person (2023)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2023)
Frequently asked questions
- What is gross domestic product — value us$ per capita in Greenland?
- Gross domestic product — value us$ per capita in Greenland was 55,200 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita recorded in Greenland?
- The highest recorded value was 57,740 USD in 2021.
- What is the lowest gross domestic product — value us$ per capita recorded in Greenland?
- The lowest recorded value was 1,671 USD in 1970.
- How does Greenland rank for gross domestic product — value us$ per capita?
- Greenland ranks 24th out of 228 countries with data for 2024.
- Is gross domestic product — value us$ per capita rising or falling in Greenland?
- Over the last ten years it is up 9.1%. The long-run trend across the full record is volatile.
- 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$ per capita. 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).