GDP at market prices (constant 2010 US$), annual growth rate in Greenland

Greenland: GDP at market prices (constant 2010 US$), annual growth rate was 0.8661 % change on previous year in 2023. ◆ Volatile

Latest (2023)
0.8661 % change on previous year
Change on year
down 56.8%
World rank
175th
of 208 countries
All-time high
13.06 % change on previous year
in 1971
All-time low
-11.72 % change on previous year
in 1990
Years of data
53
1971–2023

GDP at market prices (constant 2010 US$), annual growth rate in Greenland, 1971–2023

-10-5051015197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp at market prices (constant 2010 us$), annual growth rate in Greenland is 0.8661 % change on previous year, measured in 2023.

That represents a change of down 56.8% on the previous year and up 166.7% over ten years.

Over the whole period, gdp at market prices (constant 2010 us$), annual growth rate in Greenland peaked at 13.06 % change on previous year in 1971 and was at its lowest, -11.72 % change on previous year, in 1990.

Greenland ranks 175th of 208 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP at market prices (constant 2010 US$), annual growth rate in Greenland, year by year

Annual values for GDP at market prices (constant 2010 US$), annual growth rate in Greenland, 1971 to 2023.
Year % change on previous year Change
1971 13.06 % change on previous year
1972 6.18 % change on previous year -52.7%
1973 6.81 % change on previous year +10.2%
1974 5.71 % change on previous year -16.2%
1975 0.6463 % change on previous year -88.7%
1976 5.96 % change on previous year +822.0%
1977 8.82 % change on previous year +48.1%
1978 6.02 % change on previous year -31.8%
1979 4.86 % change on previous year -19.2%
1980 8.68 % change on previous year +78.5%
1981 0.6654 % change on previous year -92.3%
1982 -4.42 % change on previous year -764.3%
1983 3.46 % change on previous year -178.2%
1984 -5.18 % change on previous year -249.8%
1985 3.66 % change on previous year -170.6%
1986 7.1 % change on previous year +94.1%
1987 5.52 % change on previous year -22.3%
1988 5.6 % change on previous year +1.6%
1989 6.66 % change on previous year +18.8%
1990 -11.72 % change on previous year -276.0%
1991 -0.1134 % change on previous year -99.0%
1992 -5.11 % change on previous year +4408.1%
1993 -5.03 % change on previous year -1.6%
1994 5.92 % change on previous year -217.8%
1995 3.73 % change on previous year -37.1%
1996 1.53 % change on previous year -59.0%
1997 1.47 % change on previous year -4.0%
1998 7.76 % change on previous year +428.2%
1999 1.38 % change on previous year -82.2%
2000 7.1 % change on previous year +415.3%
2001 1.27 % change on previous year -82.1%
2002 -0.9715 % change on previous year -176.5%
2003 4.43 % change on previous year -556.0%
2004 6.91 % change on previous year +55.9%
2005 4.99 % change on previous year -27.8%
2006 5.56 % change on previous year +11.4%
2007 2.35 % change on previous year -57.7%
2008 6.17 % change on previous year +162.1%
2009 0.8658 % change on previous year -86.0%
2010 1.74 % change on previous year +100.5%
2011 -0.4963 % change on previous year -128.6%
2012 1.39 % change on previous year -380.9%
2013 -1.3 % change on previous year -193.1%
2014 4.74 % change on previous year -465.2%
2015 -2.53 % change on previous year -153.3%
2016 4.68 % change on previous year -285.1%
2017 0.0527 % change on previous year -98.9%
2018 0.6231 % change on previous year +1081.3%
2019 2.83 % change on previous year +354.5%
2020 0.2511 % change on previous year -91.1%
2021 1.63 % change on previous year +550.7%
2022 2 % change on previous year +22.7%
2023 0.8661 % change on previous year -56.8%

Greenland compared with similar countries

  • Greenland's 0.8661 % change on previous year is below the median for high income countries, which is 2.19 % change on previous year, 40% of the median. (80 countries reporting)
  • Greenland's 0.8661 % change on previous year is below the median for Europe & Central Asia, which is 2.38 % change on previous year, 36% of the median. (54 countries reporting)

Biggest year-on-year movements

Years where GDP at market prices (constant 2010 US$), annual growth rate in Greenland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1992 -4408.1% -0.1134 % change on previous year -5.11 % change on previous year
2018 +1081.3% 0.0527 % change on previous year 0.6231 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.45 % change on previous year 0.6463 % change on previous year 13.06 % change on previous year 9
1980s 3.17 % change on previous year -5.18 % change on previous year 8.68 % change on previous year 10
1990s -0.0185 % change on previous year -11.72 % change on previous year 7.76 % change on previous year 10
2000s 3.87 % change on previous year -0.9715 % change on previous year 7.1 % change on previous year 10
2010s 1.17 % change on previous year -2.53 % change on previous year 4.74 % change on previous year 10
2020s 1.19 % change on previous year 0.2511 % change on previous year 2 % change on previous year 4

Countries ranked near Greenland

  1. 172 Equatorial Guinea 0.9072 % change on previous year compare
  2. 173 Sao Tome and Principe 0.9001 % change on previous year compare
  3. 174 Israel 0.872 % change on previous year compare
  4. 176 Romania 0.8137 % change on previous year compare
  5. 177 Yemen 0.7523 % change on previous year compare
  6. 178 Italy 0.7258 % change on previous year compare

See the full ranking of 208 places →

More population data for Greenland

All data for Greenland →

Frequently asked questions

What is gdp at market prices (constant 2010 us$), annual growth rate in Greenland?
Gdp at market prices (constant 2010 us$), annual growth rate in Greenland was 0.8661 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gdp at market prices (constant 2010 us$), annual growth rate recorded in Greenland?
The highest recorded value was 13.06 % change on previous year in 1971.
What is the lowest gdp at market prices (constant 2010 us$), annual growth rate recorded in Greenland?
The lowest recorded value was -11.72 % change on previous year in 1990.
How does Greenland rank for gdp at market prices (constant 2010 us$), annual growth rate?
Greenland ranks 175th out of 208 countries with data for 2023.
Is gdp at market prices (constant 2010 us$), annual growth rate rising or falling in Greenland?
Over the last ten years it is up 166.7%. The long-run trend across the full record is volatile.
Where does this Greenland data come from?
The figures come from Statizoid (derived), published as part of GDP at market prices (constant 2010 US$), annual growth rate. Statizoid updates them automatically from the source API.

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GDP at market prices (constant 2010 US$), annual growth rate in Greenland. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-at-market-prices-constant-2010-us-annual-growth-rate/greenland/

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How this figure is calculated

The year-on-year percentage change in GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP at market prices (constant 2010 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 9,896 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.