GDP (constant LCU) (UNESCO Institute) in Greenland

Greenland: GDP (constant LCU) (UNESCO Institute) was 16.26 billion constant LCU in 2023. ▲ Rising

Latest (2023)
16.26 billion constant LCU
Change on year
up 0.9%
World rank
166th
of 212 countries
All-time high
16.26 billion constant LCU
in 2023
All-time low
4.09 billion constant LCU
in 1970
Years of data
54
1970–2023

GDP in Greenland, 1970–2023

5.0B7.5B10.0B12.5B15.0B17.5B197019962023

Source: UNESCO Institute for Statistics. Measured in constant LCU.

Analysis

In 2023, gdp in Greenland stood at 16.26 billion constant LCU. That is the highest value across all 54 years on record.

That represents a change of up 0.9% on the previous year and up 16.0% over ten years.

Over the whole period, gdp in Greenland peaked at 16.26 billion constant LCU in 2023 and was at its lowest, 4.09 billion constant LCU, in 1970.

That places Greenland 166th out of 212 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 54 years of available data.

GDP (constant LCU) (UNESCO Institute) in Greenland, year by year

Annual values for GDP (constant LCU) in Greenland, 1970 to 2023.
Year constant LCU Change
1970 4.09 billion constant LCU —
1971 4.62 billion constant LCU +13.1%
1972 4.90 billion constant LCU +6.2%
1973 5.24 billion constant LCU +6.8%
1974 5.54 billion constant LCU +5.7%
1975 5.57 billion constant LCU +0.6%
1976 5.91 billion constant LCU +6.0%
1977 6.43 billion constant LCU +8.8%
1978 6.81 billion constant LCU +6.0%
1979 7.14 billion constant LCU +4.9%
1980 7.76 billion constant LCU +8.7%
1981 7.82 billion constant LCU +0.7%
1982 7.47 billion constant LCU -4.4%
1983 7.73 billion constant LCU +3.5%
1984 7.33 billion constant LCU -5.2%
1985 7.60 billion constant LCU +3.7%
1986 8.14 billion constant LCU +7.1%
1987 8.58 billion constant LCU +5.5%
1988 9.06 billion constant LCU +5.6%
1989 9.67 billion constant LCU +6.7%
1990 8.54 billion constant LCU -11.7%
1991 8.53 billion constant LCU -0.1%
1992 8.09 billion constant LCU -5.1%
1993 7.68 billion constant LCU -5.0%
1994 8.14 billion constant LCU +5.9%
1995 8.44 billion constant LCU +3.7%
1996 8.57 billion constant LCU +1.5%
1997 8.70 billion constant LCU +1.5%
1998 9.37 billion constant LCU +7.8%
1999 9.50 billion constant LCU +1.4%
2000 10.18 billion constant LCU +7.1%
2001 10.30 billion constant LCU +1.3%
2002 10.20 billion constant LCU -1.0%
2003 10.66 billion constant LCU +4.4%
2004 11.39 billion constant LCU +6.9%
2005 11.96 billion constant LCU +5.0%
2006 12.63 billion constant LCU +5.6%
2007 12.92 billion constant LCU +2.4%
2008 13.72 billion constant LCU +6.2%
2009 13.84 billion constant LCU +0.9%
2010 14.08 billion constant LCU +1.7%
2011 14.01 billion constant LCU -0.5%
2012 14.20 billion constant LCU +1.4%
2013 14.02 billion constant LCU -1.3%
2014 14.68 billion constant LCU +4.7%
2015 14.31 billion constant LCU -2.5%
2016 14.98 billion constant LCU +4.7%
2017 14.99 billion constant LCU +0.1%
2018 15.08 billion constant LCU +0.6%
2019 15.51 billion constant LCU +2.8%
2020 15.55 billion constant LCU +0.3%
2021 15.80 billion constant LCU +1.6%
2022 16.12 billion constant LCU +2.0%
2023 16.26 billion constant LCU +0.9%

Greenland compared with similar countries

  • Greenland's 16.26 billion constant LCU is below the median for high income countries, which is 153.41 billion constant LCU, 11% of the median. (83 countries reporting)
  • Greenland's 16.26 billion constant LCU is below the median for Europe & Central Asia, which is 410.71 billion constant LCU, 4% of the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.62 billion constant LCU 4.09 billion constant LCU 7.14 billion constant LCU 10
1980s 8.12 billion constant LCU 7.33 billion constant LCU 9.67 billion constant LCU 10
1990s 8.56 billion constant LCU 7.68 billion constant LCU 9.50 billion constant LCU 10
2000s 11.78 billion constant LCU 10.18 billion constant LCU 13.84 billion constant LCU 10
2010s 14.59 billion constant LCU 14.01 billion constant LCU 15.51 billion constant LCU 10
2020s 15.93 billion constant LCU 15.55 billion constant LCU 16.26 billion constant LCU 4

Countries ranked near Greenland

  1. 163 Faroe Islands 20.35 billion constant LCU compare
  2. 164 Brunei 19.70 billion constant LCU compare
  3. 165 Malta 17.32 billion constant LCU compare
  4. 167 South Sudan 15.99 billion constant LCU compare
  5. 168 Suriname 15.90 billion constant LCU compare
  6. 169 Bahrain 15.20 billion constant LCU compare

See the full ranking of 212 places →

More population data for Greenland

All data for Greenland →

Frequently asked questions

What is gdp in Greenland?
Gdp in Greenland was 16.26 billion constant LCU in 2023, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Greenland?
The highest recorded value was 16.26 billion constant LCU in 2023.
What is the lowest gdp recorded in Greenland?
The lowest recorded value was 4.09 billion constant LCU in 1970.
How does Greenland rank for gdp?
Greenland ranks 166th out of 212 countries with data for 2023.
Is gdp rising or falling in Greenland?
Over the last ten years it is up 16.0%. The long-run trend across the full record is rising.
Where does this Greenland data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.

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GDP in Greenland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-constant-lcu-2/greenland/

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About this data

Indicator
GDP (constant LCU)
Unit
constant LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,234 data points, 1970–2024
Last refreshed

February 2026 Data Release