Gross value added at basic prices (GVA) (constant 2015) … capita 2015 in Greenland
Greenland: Gross value added at basic prices (GVA) (constant 2015) … capita 2015 was 49,674 constant 2015 US$ per person in 2023. ▲ Rising
Gross value added at basic prices (GVA) (constant 2015 US$), per in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant 2015 us$), per in Greenland is 49,674 constant 2015 US$ per person, measured in 2023. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 0.9% on the previous year and up 19.0% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per in Greenland peaked at 49,674 constant 2015 US$ per person in 2023 and was at its lowest, 32,155 constant 2015 US$ per person, in 2003.
Greenland ranks 15th of 193 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 21 years of available data.
Gross value added at basic prices (GVA) (constant 2015) … capita 2015 in Greenland, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 2003 | 32,155 constant 2015 US$ per person | — |
| 2004 | 33,923 constant 2015 US$ per person | +5.5% |
| 2005 | 35,560 constant 2015 US$ per person | +4.8% |
| 2006 | 37,554 constant 2015 US$ per person | +5.6% |
| 2007 | 38,340 constant 2015 US$ per person | +2.1% |
| 2008 | 40,966 constant 2015 US$ per person | +6.8% |
| 2009 | 41,150 constant 2015 US$ per person | +0.4% |
| 2010 | 41,874 constant 2015 US$ per person | +1.8% |
| 2011 | 41,458 constant 2015 US$ per person | -1.0% |
| 2012 | 42,050 constant 2015 US$ per person | +1.4% |
| 2013 | 41,744 constant 2015 US$ per person | -0.7% |
| 2014 | 43,885 constant 2015 US$ per person | +5.1% |
| 2015 | 43,209 constant 2015 US$ per person | -1.5% |
| 2016 | 45,328 constant 2015 US$ per person | +4.9% |
| 2017 | 45,503 constant 2015 US$ per person | +0.4% |
| 2018 | 46,315 constant 2015 US$ per person | +1.8% |
| 2019 | 47,825 constant 2015 US$ per person | +3.3% |
| 2020 | 48,054 constant 2015 US$ per person | +0.5% |
| 2021 | 48,191 constant 2015 US$ per person | +0.3% |
| 2022 | 49,223 constant 2015 US$ per person | +2.1% |
| 2023 | 49,674 constant 2015 US$ per person | +0.9% |
Greenland compared with similar countries
- Greenland's 49,674 constant 2015 US$ per person is above the median for high income countries, which is 31,252 constant 2015 US$ per person, 1.6× the median. (69 countries reporting)
- Greenland's 49,674 constant 2015 US$ per person is above the median for Europe & Central Asia, which is 17,708 constant 2015 US$ per person, 2.8× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 37,093 constant 2015 US$ per person | 32,155 constant 2015 US$ per person | 41,150 constant 2015 US$ per person | 7 |
| 2010s | 43,919 constant 2015 US$ per person | 41,458 constant 2015 US$ per person | 47,825 constant 2015 US$ per person | 10 |
| 2020s | 48,785 constant 2015 US$ per person | 48,054 constant 2015 US$ per person | 49,674 constant 2015 US$ per person | 4 |
Countries ranked near Greenland
- 12 Denmark 54,897 constant 2015 US$ per person compare
- 13 Iceland 52,920 constant 2015 US$ per person compare
- 14 Turks and Caicos Islands 50,305 constant 2015 US$ per person compare
- 16 Sweden 49,088 constant 2015 US$ per person compare
- 17 San Marino 47,565 constant 2015 US$ per person compare
- 18 Netherlands 46,908 constant 2015 US$ per person compare
More economy & growth data for Greenland
- Gross national expenditure (current US$), per capita 64,520 current US$ per person (2023)
- Gross national expenditure (current LCU), per capita 444,525 current LCU per person (2023)
- Gross national expenditure (current LCU), per unit of GDP 7.6 current LCU per US$ of GDP (2023)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2023)
- Gross national expenditure (current LCU), annual growth rate 1.37 % change on previous year (2023)
- General government final consumption expenditure (constant 2015 US$) 0.367 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 US$), annual growth rate 4.12 % change on previous year (2023)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.3182 % change on previous year (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per in Greenland?
- Gross value added at basic prices (gva) (constant 2015 us$), per in Greenland was 49,674 constant 2015 US$ per person in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Greenland?
- The highest recorded value was 49,674 constant 2015 US$ per person in 2023.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Greenland?
- The lowest recorded value was 32,155 constant 2015 US$ per person in 2003.
- How does Greenland rank for gross value added at basic prices (gva) (constant 2015 us$), per?
- Greenland ranks 15th out of 193 countries with data for 2023.
- Is gross value added at basic prices (gva) (constant 2015 us$), per rising or falling in Greenland?
- Over the last ten years it is up 19.0%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.