What is gross value added at basic prices (gva) in Greenland?

Gross value added at basic prices (gva) in Greenland was 2.82 billion constant 2015 US$ in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.

What is the highest gross value added at basic prices (gva) recorded in Greenland?

The highest recorded value was 2.82 billion constant 2015 US$ in 2023.

What is the lowest gross value added at basic prices (gva) recorded in Greenland?

The lowest recorded value was 1.82 billion constant 2015 US$ in 2003.

How does Greenland rank for gross value added at basic prices (gva)?

Greenland ranks 165th out of 192 countries with data for 2023.

Is gross value added at basic prices (gva) rising or falling in Greenland?

Over the last ten years it is up 19.8%. The long-run trend across the full record is rising.

Where does this Greenland data come from?

The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.

Gross value added at basic prices (GVA) in Greenland

Name: Gross value added at basic prices (GVA) in Greenland
Creator: Country official statistics, National Statistical Organizations and/or Central Banks
License: CC BY 4.0 (World Bank Open Data)

Greenland: Gross value added at basic prices (GVA) was 2.82 billion constant 2015 US$ in 2023. ▲ Rising

Latest (2023)

2.82 billion constant 2015 US$

Change on year

up 1.3%

World rank

165th

of 192 countries

All-time high

2.82 billion constant 2015 US$

in 2023

All-time low

1.82 billion constant 2015 US$

in 2003

Years of data

2003–2023

Gross value added at basic prices (GVA) in Greenland, 2003–2023

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

Greenland recorded 2.82 billion constant 2015 US$ for gross value added at basic prices (gva) in 2023. That is the highest value across all 21 years on record.

That represents a change of up 1.3% on the previous year and up 19.8% over ten years.

Over the whole period, gross value added at basic prices (gva) in Greenland peaked at 2.82 billion constant 2015 US$ in 2023 and was at its lowest, 1.82 billion constant 2015 US$, in 2003.

Greenland ranks 165th of 192 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Averages by decade

Decade	Average	Lowest	Highest	Years
2000s	2.10 billion constant 2015 US$	1.82 billion constant 2015 US$	2.32 billion constant 2015 US$	7
2010s	2.48 billion constant 2015 US$	2.36 billion constant 2015 US$	2.69 billion constant 2015 US$	10
2020s	2.76 billion constant 2015 US$	2.71 billion constant 2015 US$	2.82 billion constant 2015 US$	4

Countries ranked near Greenland

162 Andorra 3.19 billion constant 2015 US$ compare
163 Bhutan 2.87 billion constant 2015 US$ compare
164 Aruba 2.86 billion constant 2015 US$ compare
166 Turks and Caicos Islands 2.34 billion constant 2015 US$ compare
167 Belize 2.34 billion constant 2015 US$ compare
168 Lesotho 2.21 billion constant 2015 US$ compare

See the full ranking of 227 places →

More economy & growth data for Greenland

Services, value added 10.29 billion constant LCU (2023)
Industry (including construction), value added -1.3% (2023)
Industry (including construction), value added 3.80 billion constant LCU (2023)
Industry (including construction), value added 18.4% (2023)
Services, value added 2.03 billion current US$ (2023)
Services, value added 13.98 billion current LCU (2023)
Services, value added 1.75 billion constant 2015 US$ (2023)
Services, value added 2.2% (2023)
Net secondary income (Net current transfers from abroad) 3.48 billion current LCU (2002)
DEC alternative conversion factor 6.62 LCU per US$ (2025)

All data for Greenland →

Frequently asked questions

What is gross value added at basic prices (gva) in Greenland?: Gross value added at basic prices (gva) in Greenland was 2.82 billion constant 2015 US$ in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross value added at basic prices (gva) recorded in Greenland?: The highest recorded value was 2.82 billion constant 2015 US$ in 2023.
What is the lowest gross value added at basic prices (gva) recorded in Greenland?: The lowest recorded value was 1.82 billion constant 2015 US$ in 2003.
How does Greenland rank for gross value added at basic prices (gva)?: Greenland ranks 165th out of 192 countries with data for 2023.
Is gross value added at basic prices (gva) rising or falling in Greenland?: Over the last ten years it is up 19.8%. The long-run trend across the full record is rising.
Where does this Greenland data come from?: The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator: Gross value added at basic prices (GVA) (constant 2015 US$)
Unit: constant 2015 US$
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 227 places, 9,771 data points, 1960–2025
Last refreshed: 06 August 2026

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.