GDP growth in Greenland

Greenland: GDP growth was 0.9% in 2023. β—† Volatile

Latest (2023)
0.9%
Change on year
down 56.8%
World rank
175th
of 209 countries
All-time high
13.1%
in 1971
All-time low
-11.7%
in 1990
Years of data
53
1971–2023

GDP growth in Greenland, 1971–2023

-10-5051015197119972023

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

In 2023, gdp growth in Greenland stood at 0.9%.

The figure is down 56.8% on the previous year and up 166.7% over ten years.

Over the whole period, gdp growth in Greenland peaked at 13.1% in 1971 and was at its lowest, -11.7%, in 1990.

That places Greenland 175th out of 209 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.5% 0.6% 13.1% 9
1980s 3.2% -5.2% 8.7% 10
1990s -0.0% -11.7% 7.8% 10
2000s 3.9% -1.0% 7.1% 10
2010s 1.2% -2.5% 4.7% 10
2020s 1.2% 0.3% 2.0% 4

Countries ranked near Greenland

  1. 172 Equatorial Guinea 0.9% compare
  2. 173 Sao Tome and Principe 0.9% compare
  3. 174 Israel 0.9% compare
  4. 176 Romania 0.8% compare
  5. 177 Yemen 0.8% compare
  6. 178 Italy 0.7% compare

See the full ranking of 212 places β†’

More population data for Greenland

All data for Greenland β†’

Frequently asked questions

What is gdp growth in Greenland?
Gdp growth in Greenland was 0.9% in 2023, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Greenland?
The highest recorded value was 13.1% in 1971.
What is the lowest gdp growth recorded in Greenland?
The lowest recorded value was -11.7% in 1990.
How does Greenland rank for gdp growth?
Greenland ranks 175th out of 209 countries with data for 2023.
Is gdp growth 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 UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Greenland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/greenland/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release