Gross value added at basic prices (GVA) (current US$), per capita in Greenland
Greenland: Gross value added at basic prices (GVA) (current US$), per capita was 56,154 current US$ per person in 2023. ▲ Rising
Gross value added at basic prices (GVA) (current US$), per capita in Greenland, 2003–2023
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
In 2023, gross value added at basic prices (gva) (current us$), per capita in Greenland stood at 56,154 current US$ per person. That is the highest value across all 21 years on record.
The figure is up 5.1% on the previous year and up 21.7% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), per capita in Greenland peaked at 56,154 current US$ per person in 2023 and was at its lowest, 26,842 current US$ per person, in 2003.
Greenland ranks 21st of 205 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) (current US$), per capita in Greenland, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 2003 | 26,842 current US$ per person | — |
| 2004 | 31,222 current US$ per person | +16.3% |
| 2005 | 31,488 current US$ per person | +0.9% |
| 2006 | 34,347 current US$ per person | +9.1% |
| 2007 | 38,402 current US$ per person | +11.8% |
| 2008 | 42,825 current US$ per person | +11.5% |
| 2009 | 43,507 current US$ per person | +1.6% |
| 2010 | 42,995 current US$ per person | -1.2% |
| 2011 | 45,819 current US$ per person | +6.6% |
| 2012 | 44,445 current US$ per person | -3.0% |
| 2013 | 46,141 current US$ per person | +3.8% |
| 2014 | 48,762 current US$ per person | +5.7% |
| 2015 | 43,209 current US$ per person | -11.4% |
| 2016 | 46,511 current US$ per person | +7.6% |
| 2017 | 49,047 current US$ per person | +5.5% |
| 2018 | 52,365 current US$ per person | +6.8% |
| 2019 | 51,257 current US$ per person | -2.1% |
| 2020 | 52,784 current US$ per person | +3.0% |
| 2021 | 56,020 current US$ per person | +6.1% |
| 2022 | 53,452 current US$ per person | -4.6% |
| 2023 | 56,154 current US$ per person | +5.1% |
Greenland compared with similar countries
- Greenland's 56,154 current US$ per person is above the median for high income countries, which is 34,455 current US$ per person, 1.6× the median. (77 countries reporting)
- Greenland's 56,154 current US$ per person is above the median for Europe & Central Asia, which is 27,318 current US$ per person, 2.1× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35,519 current US$ per person | 26,842 current US$ per person | 43,507 current US$ per person | 7 |
| 2010s | 47,055 current US$ per person | 42,995 current US$ per person | 52,365 current US$ per person | 10 |
| 2020s | 54,602 current US$ per person | 52,784 current US$ per person | 56,154 current US$ per person | 4 |
Countries ranked near Greenland
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) (current us$), per capita in Greenland?
- Gross value added at basic prices (gva) (current us$), per capita in Greenland was 56,154 current US$ per person in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), per capita recorded in Greenland?
- The highest recorded value was 56,154 current US$ per person in 2023.
- What is the lowest gross value added at basic prices (gva) (current us$), per capita recorded in Greenland?
- The lowest recorded value was 26,842 current US$ per person in 2003.
- How does Greenland rank for gross value added at basic prices (gva) (current us$), per capita?
- Greenland ranks 21st out of 205 countries with data for 2023.
- Is gross value added at basic prices (gva) (current us$), per capita rising or falling in Greenland?
- Over the last ten years it is up 21.7%. 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) (current US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current US$) 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) (current US$) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.