GDP (current LCU) (UNESCO Institute) in Greenland

Greenland: GDP (current LCU) (UNESCO Institute) was 22.92 billion current LCU in 2023. ◆ Volatile

Latest (2023)
22.92 billion current LCU
Change on year
up 2.7%
World rank
169th
of 211 countries
All-time high
22.92 billion current LCU
in 2023
All-time low
521.40 million current LCU
in 1970
Years of data
54
1970–2023

GDP in Greenland, 1970–2023

05.0B10.0B15.0B20.0B25.0B197019962023

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

Analysis

In 2023, gdp in Greenland stood at 22.92 billion current LCU. That is the highest value across all 54 years on record.

The figure is up 2.7% on the previous year and up 52.0% over ten years.

Over the whole period, gdp in Greenland peaked at 22.92 billion current LCU in 2023 and was at its lowest, 521.40 million current LCU, in 1970.

That places Greenland 169th out of 211 countries with data for 2023, putting it in the bottom quarter.

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

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

Annual values for GDP (current LCU) in Greenland, 1970 to 2023.
Year current LCU Change
1970 521.40 million current LCU —
1971 656.98 million current LCU +26.0%
1972 737.33 million current LCU +12.2%
1973 847.86 million current LCU +15.0%
1974 1.04 billion current LCU +22.1%
1975 1.21 billion current LCU +17.2%
1976 1.46 billion current LCU +19.9%
1977 1.69 billion current LCU +16.4%
1978 1.96 billion current LCU +15.9%
1979 2.21 billion current LCU +12.7%
1980 2.68 billion current LCU +21.2%
1981 3.10 billion current LCU +15.7%
1982 3.35 billion current LCU +8.0%
1983 3.81 billion current LCU +13.5%
1984 3.93 billion current LCU +3.2%
1985 4.38 billion current LCU +11.4%
1986 4.88 billion current LCU +11.5%
1987 5.39 billion current LCU +10.4%
1988 6.05 billion current LCU +12.3%
1989 6.80 billion current LCU +12.4%
1990 6.31 billion current LCU -7.2%
1991 6.50 billion current LCU +3.1%
1992 6.26 billion current LCU -3.6%
1993 6.01 billion current LCU -4.0%
1994 6.40 billion current LCU +6.4%
1995 6.77 billion current LCU +5.9%
1996 6.94 billion current LCU +2.5%
1997 7.08 billion current LCU +2.0%
1998 7.71 billion current LCU +8.8%
1999 7.89 billion current LCU +2.5%
2000 8.63 billion current LCU +9.4%
2001 9.04 billion current LCU +4.7%
2002 9.23 billion current LCU +2.1%
2003 10.27 billion current LCU +11.3%
2004 10.92 billion current LCU +6.3%
2005 11.09 billion current LCU +1.6%
2006 11.97 billion current LCU +7.9%
2007 12.25 billion current LCU +2.3%
2008 12.74 billion current LCU +4.0%
2009 13.56 billion current LCU +6.5%
2010 14.08 billion current LCU +3.8%
2011 14.41 billion current LCU +2.4%
2012 15.12 billion current LCU +4.9%
2013 15.08 billion current LCU -0.2%
2014 15.95 billion current LCU +5.8%
2015 16.81 billion current LCU +5.4%
2016 18.22 billion current LCU +8.4%
2017 18.83 billion current LCU +3.3%
2018 19.30 billion current LCU +2.5%
2019 19.99 billion current LCU +3.6%
2020 20.21 billion current LCU +1.1%
2021 20.71 billion current LCU +2.4%
2022 22.31 billion current LCU +7.7%
2023 22.92 billion current LCU +2.7%

Greenland compared with similar countries

  • Greenland's 22.92 billion current LCU is below the median for high income countries, which is 220.22 billion current LCU, 10% of the median. (82 countries reporting)
  • Greenland's 22.92 billion current LCU is below the median for Europe & Central Asia, which is 481.94 billion current LCU, 5% of the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.23 billion current LCU 521.40 million current LCU 2.21 billion current LCU 10
1980s 4.44 billion current LCU 2.68 billion current LCU 6.80 billion current LCU 10
1990s 6.79 billion current LCU 6.01 billion current LCU 7.89 billion current LCU 10
2000s 10.97 billion current LCU 8.63 billion current LCU 13.56 billion current LCU 10
2010s 16.78 billion current LCU 14.08 billion current LCU 19.99 billion current LCU 10
2020s 21.54 billion current LCU 20.21 billion current LCU 22.92 billion current LCU 4

Countries ranked near Greenland

  1. 166 Eritrea 31.75 billion current LCU compare
  2. 167 Seychelles 31.49 billion current LCU compare
  3. 168 Faroe Islands 26.92 billion current LCU compare
  4. 170 Malta 22.47 billion current LCU compare
  5. 171 Brunei 20.66 billion current LCU compare
  6. 172 Bahrain 17.95 billion current LCU compare

See the full ranking of 211 places →

More population data for Greenland

All data for Greenland →

Frequently asked questions

What is gdp in Greenland?
Gdp in Greenland was 22.92 billion current LCU in 2023, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Greenland?
The highest recorded value was 22.92 billion current LCU in 2023.
What is the lowest gdp recorded in Greenland?
The lowest recorded value was 521.40 million current LCU in 1970.
How does Greenland rank for gdp?
Greenland ranks 169th out of 211 countries with data for 2023.
Is gdp rising or falling in Greenland?
Over the last ten years it is up 52.0%. The long-run trend across the full record is volatile.
Where does this Greenland data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (current 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-current-lcu-2/greenland/

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About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release