GDP (current US$), annual growth rate in Greenland
Greenland: GDP (current US$), annual growth rate was 5.53 % change on previous year in 2023. ◆ Volatile
Latest (2023)
5.53 % change on previous year
Change on year
up 228.9%
World rank
113th
of 211 countries
All-time high
46.05 % change on previous year
in 1986
All-time low
-12.07 % change on previous year
in 2015
Years of data
53
1971–2023
GDP (current US$), annual growth rate in Greenland, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Greenland recorded 5.53 % change on previous year for gdp (current us$), annual growth rate in 2023.
That represents a change of up 228.9% on the previous year and up 91.6% over ten years.
Over the whole period, gdp (current us$), annual growth rate in Greenland peaked at 46.05 % change on previous year in 1986 and was at its lowest, -12.07 % change on previous year, in 2015.
Greenland ranks 113th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), annual growth rate in Greenland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 27.25 % change on previous year | — |
| 1972 | 19.93 % change on previous year | -26.9% |
| 1973 | 32.09 % change on previous year | +61.0% |
| 1974 | 21.24 % change on previous year | -33.8% |
| 1975 | 24.29 % change on previous year | +14.4% |
| 1976 | 14.01 % change on previous year | -42.3% |
| 1977 | 17.23 % change on previous year | +23.0% |
| 1978 | 26.12 % change on previous year | +51.6% |
| 1979 | 18.16 % change on previous year | -30.5% |
| 1980 | 13.17 % change on previous year | -27.5% |
| 1981 | -8.47 % change on previous year | -164.3% |
| 1982 | -7.65 % change on previous year | -9.6% |
| 1983 | 3.42 % change on previous year | -144.8% |
| 1984 | -8.85 % change on previous year | -358.3% |
| 1985 | 8.83 % change on previous year | -199.8% |
| 1986 | 46.05 % change on previous year | +421.5% |
| 1987 | 30.58 % change on previous year | -33.6% |
| 1988 | 14.12 % change on previous year | -53.8% |
| 1989 | 3.47 % change on previous year | -75.4% |
| 1990 | 9.59 % change on previous year | +176.3% |
| 1991 | -0.2434 % change on previous year | -102.5% |
| 1992 | 2.11 % change on previous year | -965.8% |
| 1993 | -10.67 % change on previous year | -606.2% |
| 1994 | 8.49 % change on previous year | -179.6% |
| 1995 | 20.19 % change on previous year | +137.9% |
| 1996 | -0.9454 % change on previous year | -104.7% |
| 1997 | -10.47 % change on previous year | +1007.3% |
| 1998 | 7.25 % change on previous year | -169.2% |
| 1999 | -1.59 % change on previous year | -122.0% |
| 2000 | -5.61 % change on previous year | +252.8% |
| 2001 | 1.7 % change on previous year | -130.3% |
| 2002 | 7.64 % change on previous year | +349.7% |
| 2003 | 33.33 % change on previous year | +336.3% |
| 2004 | 16.92 % change on previous year | -49.2% |
| 2005 | 1.5 % change on previous year | -91.1% |
| 2006 | 8.83 % change on previous year | +489.4% |
| 2007 | 11.76 % change on previous year | +33.2% |
| 2008 | 11.08 % change on previous year | -5.8% |
| 2009 | 1.24 % change on previous year | -88.9% |
| 2010 | -1.06 % change on previous year | -185.7% |
| 2011 | 7.24 % change on previous year | -784.0% |
| 2012 | -2.79 % change on previous year | -138.5% |
| 2013 | 2.88 % change on previous year | -203.5% |
| 2014 | 5.85 % change on previous year | +102.9% |
| 2015 | -12.07 % change on previous year | -306.2% |
| 2016 | 8.32 % change on previous year | -169.0% |
| 2017 | 5.34 % change on previous year | -35.9% |
| 2018 | 7.16 % change on previous year | +34.2% |
| 2019 | -1.91 % change on previous year | -126.7% |
| 2020 | 3.08 % change on previous year | -261.0% |
| 2021 | 6.6 % change on previous year | +114.3% |
| 2022 | -4.29 % change on previous year | -165.0% |
| 2023 | 5.53 % change on previous year | -228.9% |
Greenland compared with similar countries
- Greenland's 5.53 % change on previous year is above the median for high income countries, which is 5.39 % change on previous year, 1.0× the median. (82 countries reporting)
- Greenland's 5.53 % change on previous year is below the median for Europe & Central Asia, which is 5.96 % change on previous year, 93% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.26 % change on previous year | 14.01 % change on previous year | 32.09 % change on previous year | 9 |
| 1980s | 9.47 % change on previous year | -8.85 % change on previous year | 46.05 % change on previous year | 10 |
| 1990s | 2.37 % change on previous year | -10.67 % change on previous year | 20.19 % change on previous year | 10 |
| 2000s | 8.84 % change on previous year | -5.61 % change on previous year | 33.33 % change on previous year | 10 |
| 2010s | 1.9 % change on previous year | -12.07 % change on previous year | 8.32 % change on previous year | 10 |
| 2020s | 2.73 % change on previous year | -4.29 % change on previous year | 6.6 % change on previous year | 4 |
Countries ranked near Greenland
- 110 Papua New Guinea 5.59 % change on previous year compare
- 111 Democratic Republic of Congo 5.59 % change on previous year compare
- 112 Malaysia 5.57 % change on previous year compare
- 114 Israel 5.5 % change on previous year compare
- 115 Denmark 5.49 % change on previous year compare
- 116 Tuvalu 5.44 % change on previous year compare
More population data for Greenland
- Population regions with projections, annual growth rate -0.6084 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -2.75 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.6084 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.7286 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.8929 % change on previous year (2100)
- World population growth -0.7% (2100)
- Population density 0.0907 people per km² (2100)
- Number of children under 5, by world region 1,776 people (2100)
- Population growth rate, by level of development -0.7% (2100)
- Number of people living in urban and rural areas, annual growth rate 0.1176 % change on previous year (2025)
Frequently asked questions
- What is gdp (current us$), annual growth rate in Greenland?
- Gdp (current us$), annual growth rate in Greenland was 5.53 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gdp (current us$), annual growth rate recorded in Greenland?
- The highest recorded value was 46.05 % change on previous year in 1986.
- What is the lowest gdp (current us$), annual growth rate recorded in Greenland?
- The lowest recorded value was -12.07 % change on previous year in 2015.
- How does Greenland rank for gdp (current us$), annual growth rate?
- Greenland ranks 113th out of 211 countries with data for 2023.
- Is gdp (current us$), annual growth rate rising or falling in Greenland?
- Over the last ten years it is up 91.6%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
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
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.