GDP — all countries

GDP — Greenland

GDP in Greenland in 2023 — 3,326,543,974 US$. Ranked 173 in the world out of 204. Since 1970, the indicator has risen by 4,685%.

2023 3.33B US$ +5.53% vs 2022
World rank 173of 204
Period maximum 3.33B US$2023
Period minimum 69.52M US$1970

Trend over time

1970–2023 · US$

GDP — Greenland, 1970–202301B2B3B4B19701976198219881994200020062012201820231970: 69,520,027 US$1971: 88,466,738 US$1972: 106,101,298 US$1973: 140,153,748 US$1974: 169,918,949 US$1975: 211,190,630 US$1976: 240,779,418 US$1977: 282,269,749 US$1978: 355,987,433 US$1979: 420,645,822 US$1980: 476,051,741 US$1981: 435,748,993 US$1982: 402,403,041 US$1983: 416,184,071 US$1984: 379,371,901 US$1985: 412,876,383 US$1986: 603,016,293 US$1987: 787,390,409 US$1988: 898,607,671 US$1989: 929,799,902 US$1990: 1,018,977,280 US$1991: 1,016,500,069 US$1992: 1,037,916,163 US$1993: 927,214,152 US$1994: 1,005,887,539 US$1995: 1,208,953,287 US$1996: 1,197,515,569 US$1997: 1,072,154,434 US$1998: 1,149,858,070 US$1999: 1,131,555,107 US$2000: 1,068,025,016 US$2001: 1,086,170,704 US$2002: 1,169,136,716 US$2003: 1,558,759,823 US$2004: 1,822,499,769 US$2005: 1,849,802,648 US$2006: 2,013,106,930 US$2007: 2,249,811,296 US$2008: 2,499,092,314 US$2009: 2,529,963,903 US$2010: 2,503,167,187 US$2011: 2,684,461,375 US$2012: 2,609,678,486 US$2013: 2,684,946,990 US$2014: 2,842,065,708 US$2015: 2,499,113,023 US$2016: 2,707,139,544 US$2017: 2,851,613,679 US$2018: 3,055,782,146 US$2019: 2,997,309,972 US$2020: 3,089,625,554 US$2021: 3,293,578,468 US$2022: 3,152,334,772 US$2023: 3,326,543,974 US$
Change over the period: +3.26B (+4,685.02%) Average annual rate: 7.57 %

Comparison, 2023

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

Greenland 3.33B US$
World 107T US$
Northern Europe computed 5.99T US$
High-income countries computed 68.23T US$
GDP — Greenland, by year Greenland All countries CSV XLSX
Year US$ Change Change, %
2023 3.33B +174M +5.53%
2022 3.15B −141M −4.29%
2021 3.29B +204M +6.6%
2020 3.09B +92.32M +3.08%
2019 3B −58.47M −1.91%
2018 3.06B +204M +7.16%
2017 2.85B +144M +5.34%
2016 2.71B +208M +8.32%
2015 2.5B −343M −12.07%
2014 2.84B +157M +5.85%
2013 2.68B +75.27M +2.88%
2012 2.61B −74.78M −2.79%
2011 2.68B +181M +7.24%
2010 2.5B −26.8M −1.06%
2009 2.53B +30.87M +1.24%
2008 2.5B +249M +11.08%
2007 2.25B +237M +11.76%
2006 2.01B +163M +8.83%
2005 1.85B +27.3M +1.5%
2004 1.82B +264M +16.92%
2003 1.56B +390M +33.33%
2002 1.17B +82.97M +7.64%
2001 1.09B +18.15M +1.7%
2000 1.07B −63.53M −5.61%
1999 1.13B −18.3M −1.59%
1998 1.15B +77.7M +7.25%
1997 1.07B −125M −10.47%
1996 1.2B −11.44M −0.95%
1995 1.21B +203M +20.19%
1994 1.01B +78.67M +8.48%
1993 927M −111M −10.67%
1992 1.04B +21.42M +2.11%
1991 1.02B −2.48M −0.24%
1990 1.02B +89.18M +9.59%
1989 930M +31.19M +3.47%
1988 899M +111M +14.12%
1987 787M +184M +30.58%
1986 603M +190M +46.05%
1985 413M +33.5M +8.83%
1984 379M −36.81M −8.85%
1983 416M +13.78M +3.42%
1982 402M −33.35M −7.65%
1981 436M −40.3M −8.47%
1980 476M +55.41M +13.17%
1979 421M +64.66M +18.16%
1978 356M +73.72M +26.12%
1977 282M +41.49M +17.23%
1976 241M +29.59M +14.01%
1975 211M +41.27M +24.29%
1974 170M +29.77M +21.24%
1973 140M +34.05M +32.09%
1972 106M +17.63M +19.93%
1971 88.47M +18.95M +27.25%
1970 69.52M

About the indicator

Gross domestic product is the sum of gross value added by all resident producers, plus taxes on products and minus subsidies, in current prices and converted into US dollars at the official exchange rate. GDP in current dollars is convenient for comparing the size of economies in a given year, but it is poorly suited to trends over time: it is moved both by inflation and by exchange rate swings.

Important: For comparing trends over time there is GDP growth in constant prices, and for comparing living standards, GDP per capita at PPP.

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