Greenland — GDP
GDP (Nominal) for Greenland, 1970–2023.
Latest value · 2023
3.33 billion
GDP (Nominal) · current US$ · +4685.0% since 1970
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%.
Key figures
Latest (2023)
3.33 billion
First (1970)
69.52 million
Change
+4685.0%
Highest
3.33 billion
in 2023
Lowest
69.52 million
in 1970
Average
1.42 billion
Annual growth (CAGR)
7.57%
Years of data
54
Recent years
| Year | current US$ |
|---|---|
| 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 |
| 2018 | 3,055,782,146.16 |
| 2017 | 2,851,613,679.03 |
| 2016 | 2,707,139,544.47 |
| 2015 | 2,499,113,022.82 |
| 2014 | 2,842,065,708.36 |
| 2013 | 2,684,946,990.12 |
| 2012 | 2,609,678,486.37 |
Reading this correctly. Gross domestic product at current market prices, converted to US dollars at official exchange rates. This is the number usually meant by 'GDP'. Figures are in current US$. 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.
Related data
Source. World Bank Open Data, indicator
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.