Gross National Income — Value Standard Local Currency, annual growth in Greenland

Greenland: Gross National Income — Value Standard Local Currency, annual growth was 1.18 % change on previous year in 2023. ◆ Volatile

Latest (2023)
1.18 % change on previous year
Change on year
down 33.9%
World rank
207th
of 231 countries
All-time high
26 % change on previous year
in 1971
All-time low
-7.74 % change on previous year
in 1990
Years of data
53
1971–2023

Gross National Income — Value Standard Local Currency, annual growth in Greenland, 1971–2023

-100102030197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross national income — value standard local currency, annual growth in Greenland is 1.18 % change on previous year, measured in 2023.

That represents a change of down 33.9% on the previous year and up 730.1% over ten years.

Over the whole period, gross national income — value standard local currency, annual growth in Greenland peaked at 26 % change on previous year in 1971 and was at its lowest, -7.74 % change on previous year, in 1990.

Greenland ranks 207th of 231 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross National Income — Value Standard Local Currency, annual growth in Greenland, year by year

Annual values for Gross National Income — Value Standard Local Currency, annual growth rate in Greenland, 1971 to 2023.
Year % change on previous year Change
1971 26 % change on previous year
1972 12.23 % change on previous year -53.0%
1973 14.99 % change on previous year +22.6%
1974 22.15 % change on previous year +47.7%
1975 17.18 % change on previous year -22.4%
1976 19.94 % change on previous year +16.1%
1977 16.42 % change on previous year -17.6%
1978 15.85 % change on previous year -3.5%
1979 12.73 % change on previous year -19.7%
1980 21.05 % change on previous year +65.4%
1981 16.65 % change on previous year -20.9%
1982 11.04 % change on previous year -33.7%
1983 10.9 % change on previous year -1.3%
1984 4.96 % change on previous year -54.5%
1985 11.92 % change on previous year +140.4%
1986 9.91 % change on previous year -16.8%
1987 11.32 % change on previous year +14.2%
1988 12.29 % change on previous year +8.6%
1989 13.36 % change on previous year +8.7%
1990 -7.74 % change on previous year -157.9%
1991 3.35 % change on previous year -143.3%
1992 -3.92 % change on previous year -217.0%
1993 -3.49 % change on previous year -10.9%
1994 7.77 % change on previous year -322.5%
1995 7.44 % change on previous year -4.2%
1996 3.79 % change on previous year -49.1%
1997 2.03 % change on previous year -46.3%
1998 9.07 % change on previous year +346.4%
1999 2.52 % change on previous year -72.2%
2000 9.6 % change on previous year +281.4%
2001 4.33 % change on previous year -54.9%
2002 2.16 % change on previous year -50.1%
2003 1.86 % change on previous year -13.9%
2004 6.15 % change on previous year +231.0%
2005 3.81 % change on previous year -38.1%
2006 4.36 % change on previous year +14.5%
2007 3.27 % change on previous year -25.0%
2008 4.49 % change on previous year +37.2%
2009 6.45 % change on previous year +43.9%
2010 3.84 % change on previous year -40.6%
2011 1.97 % change on previous year -48.6%
2012 5.1 % change on previous year +158.6%
2013 -0.187 % change on previous year -103.7%
2014 5.76 % change on previous year -3179.9%
2015 5.39 % change on previous year -6.5%
2016 8.35 % change on previous year +55.0%
2017 3.36 % change on previous year -59.8%
2018 2.49 % change on previous year -26.0%
2019 3.59 % change on previous year +44.5%
2020 0.8873 % change on previous year -75.3%
2021 0.8673 % change on previous year -2.3%
2022 1.78 % change on previous year +105.7%
2023 1.18 % change on previous year -33.9%

Biggest year-on-year movements

Years where Gross National Income — Value Standard Local Currency, annual growth in Greenland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2014 +3179.9% -0.187 % change on previous year 5.76 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 17.5 % change on previous year 12.23 % change on previous year 26 % change on previous year 9
1980s 12.34 % change on previous year 4.96 % change on previous year 21.05 % change on previous year 10
1990s 2.08 % change on previous year -7.74 % change on previous year 9.07 % change on previous year 10
2000s 4.65 % change on previous year 1.86 % change on previous year 9.6 % change on previous year 10
2010s 3.97 % change on previous year -0.187 % change on previous year 8.35 % change on previous year 10
2020s 1.18 % change on previous year 0.8673 % change on previous year 1.78 % change on previous year 4

Countries ranked near Greenland

  1. 204 Libya 1.46 % change on previous year compare
  2. 205 Liechtenstein 1.24 % change on previous year compare
  3. 206 Switzerland 1.24 % change on previous year compare
  4. 208 Oman 0.149 % change on previous year compare
  5. 209 Congo 0.0528 % change on previous year compare
  6. 210 Papua New Guinea -0.1049 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Greenland

All data for Greenland →

Frequently asked questions

What is gross national income — value standard local currency, annual growth in Greenland?
Gross national income — value standard local currency, annual growth in Greenland was 1.18 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross national income — value standard local currency, annual growth recorded in Greenland?
The highest recorded value was 26 % change on previous year in 1971.
What is the lowest gross national income — value standard local currency, annual growth recorded in Greenland?
The lowest recorded value was -7.74 % change on previous year in 1990.
How does Greenland rank for gross national income — value standard local currency, annual growth?
Greenland ranks 207th out of 231 countries with data for 2023.
Is gross national income — value standard local currency, annual growth rising or falling in Greenland?
Over the last ten years it is up 730.1%. The long-run trend across the full record is volatile.
Where does this Greenland data come from?
The figures come from Statizoid (derived), published as part of Gross National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross National Income — Value Standard Local Currency, annual growth in Greenland. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-standard-local-currency-annual-growth-rate/greenland/

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How this figure is calculated

The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross National Income — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,164 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.