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Greenland — GDP (PPP)

Also known as GDP at purchasing power parity, PPP GDP, GDP adjusted for purchasing power.

GDP (PPP) for Greenland, 1990–2023.

Latest value · 2023
4.49 billion
GDP (PPP) · current international $ · +294.2% since 1990
Free for any use — attribution is the link itself.

GDP (PPP) for Greenland was 4.49 billion in 2023, according to the latest World Bank data. The series covers 34 years, from 1990 to 2023. The latest year is also the highest value on record for this series. The lowest was 1.11 billion in 1993 (about 4.0× the low point). Across that span the compound annual growth rate works out to 4.24% per year.

Greenland ranks 179 of 201 economies on this measure (1 = highest), putting it in the top 89%. The median for Europe & Central Asia is 285.97 billion, so Greenland sits below it. Over the last decade (2013–2023) the figure moved up 50%. Within Europe & Central Asia it ranks 51 of 53 economies; Faroe Islands (4.49 billion) is just below it. Its sharpest one-year move was up 10% in 2004. That is 25% above this series' own ten-year average.

Data highlights

From its 1990 level: doubled by 2006. Doubling roughly every 17 years at that pace.

World ranking. Slipped: 160th of 186 in 1990 → 171st of 194 in 2000 → 175th of 200 in 2010 → 172nd of 198 in 2020 → 175th of 197 in 2023.

Adjacent in the latest world ranking (179 of 201): Curacao (#178) · Faroe Islands (#180).

Key figures

Latest (2023)
4.49 billion
First (1990)
1.14 billion
Change
+294.2%
Highest
4.49 billion
in 2023
Lowest
1.11 billion
in 1993
Average
2.42 billion
Annual growth (CAGR)
4.24%
Years of data
34

Recent published years. 2023 — 4,486,965,813.17 · 2022 — 4,289,715,330.77 · 2021 — 3,926,166,709.01 · 2020 — 3,663,823,635.61 · 2019 — 3,613,246,574.51.

Full history — 1990 to 2023

All 34 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Greenland — GDP (PPP)
Yearcurrent international $Change
20234,486,965,813.17+4.6%
20224,289,715,330.77+9.3%
20213,926,166,709.01+7.2%
20203,663,823,635.61+1.4%
20193,613,246,574.51+4.4%
20183,462,603,876.35+2.7%
20173,370,887,241.19+1.8%
20163,309,838,081.15+5.7%
20153,132,039,400.35-1.6%
20143,183,767,613.09+6.6%
20132,987,592,053.12+0.4%
20122,976,237,573.21+3.3%
20112,881,652,503.36+1.6%
20102,837,491,310.99+3.0%
20092,755,589,487.66+1.5%
20082,715,185,515.95+8.2%
20072,509,143,534.33+5.1%
20062,386,809,292.71+8.8%
20052,193,539,586.38+8.3%
20042,025,815,684.18+9.8%
20031,845,317,864.07+6.5%
20021,732,825,867.66+0.6%
20011,723,043,712.6+3.5%
20001,663,983,935.14+9.5%
19991,519,236,309.26+2.8%
19981,477,676,926.69+9.0%
19971,356,052,115.46+3.2%
19961,313,765,865.08+3.4%
19951,270,709,082.6+5.9%
19941,199,873,985.26+8.2%
19931,109,083,671.95-2.8%
19921,140,760,141.33-2.9%
19911,175,427,420.4+3.3%
19901,138,268,535.17—
Reading this correctly. GDP converted using purchasing power parity rates rather than market exchange rates. Better for comparing living standards between countries; not comparable with the nominal GDP figure. Figures are in current international $. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Frequently asked questions

What was Greenland’s GDP (PPP) in 1991?

1,175,427,420.4 (1991). The full year-by-year table above lists every published year, most recent first.

Are Greenland’s GDP (PPP) figures nominal or inflation-adjusted?

They are exactly as the World Bank publishes them — current international $ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.

Is Greenland’s GDP (PPP) growing or shrinking?

Between 1990 and 2023 the series was growing overall: +294.2% in total — about 4.2% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.PP.CD. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2023: 4,486,965,813.17; 2022: 4,289,715,330.77; 2021: 3,926,166,709.01; 2020: 3,663,823,635.61; 2019: 3,613,246,574.51. Earlier years are in the full-history table below.

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<iframe src="https://metrikatlas.com/embed/greenland/gdp-ppp/" width="600" height="360" style="border:0" loading="lazy" title="Greenland — GDP (PPP)"></iframe>Free to use with attribution — the link back is the attribution.
Source. World Bank Open Data, indicator NY.GDP.MKTP.PP.CD — GDP (PPP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.
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