GDP in constant prices — all countries

GDP in constant prices — Greenland

GDP in constant prices in Greenland in 2023 — 2,839,256,686 US$ 2015. Ranked 172 in the world out of 203. Since 1970, the indicator has risen by 298%.

2023 2.84B US$ 2015 +0.87% vs 2022
World rank 172of 203
Period maximum 2.84B US$ 20152023
Period minimum 713M US$ 20151970

Trend over time

1970–2023 · constant 2015 US$

GDP in constant prices — Greenland, 1970–202301B2B3B19701976198219881994200020062012201820231970: 713,408,661 US$ 20151971: 806,585,906 US$ 20151972: 856,410,924 US$ 20151973: 914,698,328 US$ 20151974: 966,893,338 US$ 20151975: 973,141,791 US$ 20151976: 1,031,133,339 US$ 20151977: 1,122,103,174 US$ 20151978: 1,189,616,948 US$ 20151979: 1,247,439,440 US$ 20151980: 1,355,667,364 US$ 20151981: 1,364,686,342 US$ 20151982: 1,304,371,834 US$ 20151983: 1,349,466,794 US$ 20151984: 1,279,569,603 US$ 20151985: 1,326,355,632 US$ 20151986: 1,420,491,372 US$ 20151987: 1,498,843,859 US$ 20151988: 1,582,833,234 US$ 20151989: 1,688,242,726 US$ 20151990: 1,490,388,563 US$ 20151991: 1,488,697,500 US$ 20151992: 1,412,599,749 US$ 20151993: 1,341,575,186 US$ 20151994: 1,421,055,061 US$ 20151995: 1,474,041,621 US$ 20151996: 1,496,589,112 US$ 20151997: 1,518,572,904 US$ 20151998: 1,636,383,513 US$ 20151999: 1,658,930,987 US$ 20152000: 1,776,741,578 US$ 20152001: 1,799,289,052 US$ 20152002: 1,781,814,765 US$ 20152003: 1,860,749,974 US$ 20152004: 1,989,264,212 US$ 20152005: 2,088,478,601 US$ 20152006: 2,204,508,100 US$ 20152007: 2,256,367,786 US$ 20152008: 2,395,498,418 US$ 20152009: 2,416,242,292 US$ 20152010: 2,458,184,032 US$ 20152011: 2,445,978,671 US$ 20152012: 2,480,080,343 US$ 20152013: 2,447,881,939 US$ 20152014: 2,563,963,822 US$ 20152015: 2,499,113,023 US$ 20152016: 2,616,120,348 US$ 20152017: 2,617,499,780 US$ 20152018: 2,633,808,517 US$ 20152019: 2,708,402,651 US$ 20152020: 2,715,195,047 US$ 20152021: 2,759,563,890 US$ 20152022: 2,814,880,888 US$ 20152023: 2,839,256,686 US$ 2015
Change over the period: +2.13B (+297.98%) Average annual rate: 2.64 %

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Greenland

Greenland 2.84B US$ 2015
World 94.1T US$ 2015
Europe & Central Asia 23.81T US$ 2015
Northern Europe computed 5.57T US$ 2015
High-income countries computed 57.58T US$ 2015
GDP in constant prices — Greenland, by year Greenland All countries CSV XLSX
Year US$ 2015 Change Change, %
2023 2.84B +24.38M +0.87%
2022 2.81B +55.32M +2%
2021 2.76B +44.37M +1.63%
2020 2.72B +6.79M +0.25%
2019 2.71B +74.59M +2.83%
2018 2.63B +16.31M +0.62%
2017 2.62B +1.38M +0.05%
2016 2.62B +117M +4.68%
2015 2.5B −64.85M −2.53%
2014 2.56B +116M +4.74%
2013 2.45B −32.2M −1.3%
2012 2.48B +34.1M +1.39%
2011 2.45B −12.21M −0.5%
2010 2.46B +41.94M +1.74%
2009 2.42B +20.74M +0.87%
2008 2.4B +139M +6.17%
2007 2.26B +51.86M +2.35%
2006 2.2B +116M +5.56%
2005 2.09B +99.21M +4.99%
2004 1.99B +129M +6.91%
2003 1.86B +78.94M +4.43%
2002 1.78B −17.47M −0.97%
2001 1.8B +22.55M +1.27%
2000 1.78B +118M +7.1%
1999 1.66B +22.55M +1.38%
1998 1.64B +118M +7.76%
1997 1.52B +21.98M +1.47%
1996 1.5B +22.55M +1.53%
1995 1.47B +52.99M +3.73%
1994 1.42B +79.48M +5.92%
1993 1.34B −71.02M −5.03%
1992 1.41B −76.1M −5.11%
1991 1.49B −1.69M −0.11%
1990 1.49B −198M −11.72%
1989 1.69B +105M +6.66%
1988 1.58B +83.99M +5.6%
1987 1.5B +78.35M +5.52%
1986 1.42B +94.14M +7.1%
1985 1.33B +46.79M +3.66%
1984 1.28B −69.9M −5.18%
1983 1.35B +45.09M +3.46%
1982 1.3B −60.31M −4.42%
1981 1.36B +9.02M +0.67%
1980 1.36B +108M +8.68%
1979 1.25B +57.82M +4.86%
1978 1.19B +67.51M +6.02%
1977 1.12B +90.97M +8.82%
1976 1.03B +57.99M +5.96%
1975 973M +6.25M +0.65%
1974 967M +52.2M +5.71%
1973 915M +58.29M +6.81%
1972 856M +49.83M +6.18%
1971 807M +93.18M +13.06%
1970 713M

About the indicator

Gross domestic product in constant 2015 prices and at the exchange rate of that same year. Unlike nominal GDP, this series does not grow with inflation or with movements of the exchange rate, so it is the only one on which the size of a country's economy can be compared with its own past. The difference accumulates fast: over thirty years the nominal GDP of most countries grew several times more than the real one, and almost all of that difference is price growth.

Important: Suited to comparing a country with itself over time, but not countries with one another: conversion at the 2015 exchange rate does not account for differences in price levels. For cross-country comparison there is GDP at PPP.

Source: World Development Indicators (World Bank), license CC BY 4.0.