GDP (current US$) (UNESCO Institute) in Greenland

Greenland: GDP (current US$) (UNESCO Institute) was 3.33 billion current US$ in 2023. ◆ Volatile

Latest (2023)
3.33 billion current US$
Change on year
up 5.5%
World rank
177th
of 211 countries
All-time high
3.33 billion current US$
in 2023
All-time low
69.52 million current US$
in 1970
Years of data
54
1970–2023

GDP in Greenland, 1970–2023

01.0B2.0B3.0B197019962023

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

Greenland recorded 3.33 billion current US$ for gdp in 2023. That is the highest value across all 54 years on record.

Compared with earlier readings it is up 5.5% on the previous year and up 23.9% over ten years.

Over the whole period, gdp in Greenland peaked at 3.33 billion current US$ in 2023 and was at its lowest, 69.52 million current US$, in 1970.

That places Greenland 177th 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 US$) (UNESCO Institute) in Greenland, year by year

Annual values for GDP (current US$) in Greenland, 1970 to 2023.
Year current US$ Change
1970 69.52 million current US$ —
1971 88.47 million current US$ +27.3%
1972 106.10 million current US$ +19.9%
1973 140.15 million current US$ +32.1%
1974 169.92 million current US$ +21.2%
1975 211.19 million current US$ +24.3%
1976 240.78 million current US$ +14.0%
1977 282.27 million current US$ +17.2%
1978 355.99 million current US$ +26.1%
1979 420.65 million current US$ +18.2%
1980 476.05 million current US$ +13.2%
1981 435.75 million current US$ -8.5%
1982 402.40 million current US$ -7.7%
1983 416.18 million current US$ +3.4%
1984 379.37 million current US$ -8.8%
1985 412.88 million current US$ +8.8%
1986 603.02 million current US$ +46.1%
1987 787.39 million current US$ +30.6%
1988 898.61 million current US$ +14.1%
1989 929.80 million current US$ +3.5%
1990 1.02 billion current US$ +9.6%
1991 1.02 billion current US$ -0.2%
1992 1.04 billion current US$ +2.1%
1993 927.21 million current US$ -10.7%
1994 1.01 billion current US$ +8.5%
1995 1.21 billion current US$ +20.2%
1996 1.20 billion current US$ -0.9%
1997 1.07 billion current US$ -10.5%
1998 1.15 billion current US$ +7.2%
1999 1.13 billion current US$ -1.6%
2000 1.07 billion current US$ -5.6%
2001 1.09 billion current US$ +1.7%
2002 1.17 billion current US$ +7.6%
2003 1.56 billion current US$ +33.3%
2004 1.82 billion current US$ +16.9%
2005 1.85 billion current US$ +1.5%
2006 2.01 billion current US$ +8.8%
2007 2.25 billion current US$ +11.8%
2008 2.50 billion current US$ +11.1%
2009 2.53 billion current US$ +1.2%
2010 2.50 billion current US$ -1.1%
2011 2.68 billion current US$ +7.2%
2012 2.61 billion current US$ -2.8%
2013 2.68 billion current US$ +2.9%
2014 2.84 billion current US$ +5.9%
2015 2.50 billion current US$ -12.1%
2016 2.71 billion current US$ +8.3%
2017 2.85 billion current US$ +5.3%
2018 3.06 billion current US$ +7.2%
2019 3.00 billion current US$ -1.9%
2020 3.09 billion current US$ +3.1%
2021 3.29 billion current US$ +6.6%
2022 3.15 billion current US$ -4.3%
2023 3.33 billion current US$ +5.5%

Greenland compared with similar countries

  • Greenland's 3.33 billion current US$ is below the median for high income countries, which is 92.86 billion current US$, 4% of the median. (82 countries reporting)
  • Greenland's 3.33 billion current US$ is below the median for Europe & Central Asia, which is 93.20 billion current US$, 4% of the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 208.50 million current US$ 69.52 million current US$ 420.65 million current US$ 10
1980s 574.14 million current US$ 379.37 million current US$ 929.80 million current US$ 10
1990s 1.08 billion current US$ 927.21 million current US$ 1.21 billion current US$ 10
2000s 1.78 billion current US$ 1.07 billion current US$ 2.53 billion current US$ 10
2010s 2.74 billion current US$ 2.50 billion current US$ 3.06 billion current US$ 10
2020s 3.22 billion current US$ 3.09 billion current US$ 3.33 billion current US$ 4

Countries ranked near Greenland

  1. 174 Faroe Islands 3.91 billion current US$ compare
  2. 175 Aruba 3.65 billion current US$ compare
  3. 176 Belize 3.52 billion current US$ compare
  4. 178 Curacao 3.28 billion current US$ compare
  5. 179 Bhutan 3.02 billion current US$ compare
  6. 180 Cape Verde 2.77 billion current US$ 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 3.33 billion current US$ in 2023, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Greenland?
The highest recorded value was 3.33 billion current US$ in 2023.
What is the lowest gdp recorded in Greenland?
The lowest recorded value was 69.52 million current US$ in 1970.
How does Greenland rank for gdp?
Greenland ranks 177th out of 211 countries with data for 2023.
Is gdp rising or falling in Greenland?
Over the last ten years it is up 23.9%. 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 US$). 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-us-2/greenland/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release