Greenland — GDP
GDP (Nominal) for Greenland, 1970–2023.
GDP for Greenland was 3.33 billion in 2023, according to the latest World Bank data. The series covers 54 years, from 1970 to 2023. The latest year is also the highest value on record for this series. The lowest was 69.52 million in 1970 (about 47.9× the low point). Across that span the compound annual growth rate works out to 7.57% per year.
Greenland ranks 180 of 212 economies on this measure (1 = highest), putting it in the top 85%. The median for Europe & Central Asia is 101.16 billion, so Greenland sits below it. Over the last decade (2013–2023) the figure moved up 24%. Within Europe & Central Asia it ranks 56 of 57 economies; San Marino (2.03 billion) is just below it. Its sharpest one-year move was up 46% in 1986. That is 13% above this series' own ten-year average.
Data highlights
From its 1970 level: doubled by 1973; grown tenfold by 1987. Doubling roughly every 9.5 years at that pace.
World ranking. Slipped: 129th of 146 in 1970 → 135th of 163 in 1980 → 154th of 192 in 1990 → 165th of 204 in 2000 → 174th of 212 in 2010 → 174th of 210 in 2020 → 173rd of 204 in 2023.
Key figures
Full history — 1970 to 2023
| Year | current US$ | Change |
|---|---|---|
| 2023 | 3,326,543,974.39 | +5.5% |
| 2022 | 3,152,334,771.78 | -4.3% |
| 2021 | 3,293,578,467.57 | +6.6% |
| 2020 | 3,089,625,554.4 | +3.1% |
| 2019 | 2,997,309,971.88 | -1.9% |
| 2018 | 3,055,782,146.16 | +7.2% |
| 2017 | 2,851,613,679.03 | +5.3% |
| 2016 | 2,707,139,544.47 | +8.3% |
| 2015 | 2,499,113,022.82 | -12.1% |
| 2014 | 2,842,065,708.36 | +5.9% |
| 2013 | 2,684,946,990.12 | +2.9% |
| 2012 | 2,609,678,486.37 | -2.8% |
| 2011 | 2,684,461,375.47 | +7.2% |
| 2010 | 2,503,167,187.49 | -1.1% |
| 2009 | 2,529,963,903.23 | +1.2% |
| 2008 | 2,499,092,314.42 | +11.1% |
| 2007 | 2,249,811,295.66 | +11.8% |
| 2006 | 2,013,106,929.5 | +8.8% |
| 2005 | 1,849,802,648.36 | +1.5% |
| 2004 | 1,822,499,769.24 | +16.9% |
| 2003 | 1,558,759,823.08 | +33.3% |
| 2002 | 1,169,136,716.04 | +7.6% |
| 2001 | 1,086,170,703.98 | +1.7% |
| 2000 | 1,068,025,016.01 | -5.6% |
| 1999 | 1,131,555,107.05 | -1.6% |
| 1998 | 1,149,858,069.76 | +7.2% |
| 1997 | 1,072,154,433.85 | -10.5% |
| 1996 | 1,197,515,569.08 | -0.9% |
| 1995 | 1,208,953,287.07 | +20.2% |
| 1994 | 1,005,887,539.32 | +8.5% |
| 1993 | 927,214,151.77 | -10.7% |
| 1992 | 1,037,916,162.55 | +2.1% |
| 1991 | 1,016,500,069.26 | -0.2% |
| 1990 | 1,018,977,280.33 | +9.6% |
| 1989 | 929,799,902.19 | +3.5% |
| 1988 | 898,607,670.62 | +14.1% |
| 1987 | 787,390,408.95 | +30.6% |
| 1986 | 603,016,292.69 | +46.1% |
| 1985 | 412,876,382.83 | +8.8% |
| 1984 | 379,371,901.49 | -8.8% |
| 1983 | 416,184,071.02 | +3.4% |
| 1982 | 402,403,041.03 | -7.7% |
| 1981 | 435,748,993.42 | -8.5% |
| 1980 | 476,051,740.77 | +13.2% |
| 1979 | 420,645,821.54 | +18.2% |
| 1978 | 355,987,433.42 | +26.1% |
| 1977 | 282,269,749.16 | +17.2% |
| 1976 | 240,779,417.79 | +14.0% |
| 1975 | 211,190,630.33 | +24.3% |
| 1974 | 169,918,948.63 | +21.2% |
| 1973 | 140,153,748.24 | +32.1% |
| 1972 | 106,101,297.8 | +19.9% |
| 1971 | 88,466,738.25 | +27.3% |
| 1970 | 69,520,026.67 | — |
Frequently asked questions
What was Greenland’s GDP in 1971?
88,466,738.25 (1971). The full year-by-year table above lists every published year, most recent first.
Are Greenland’s GDP figures nominal or inflation-adjusted?
They are exactly as the World Bank publishes them — current US$ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.
Is Greenland’s GDP growing or shrinking?
Between 1970 and 2023 the series was growing overall: +4685.0% in total — about 7.6% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.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: 3,326,543,974.39; 2022: 3,152,334,771.78; 2021: 3,293,578,467.57; 2020: 3,089,625,554.4; 2019: 2,997,309,971.88. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.CD — GDP (Nominal). 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.