Greenland Economic Growth 1970-2023
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
- Greenland economic growth for 2020 was $3.08B, a 2.73% increase from 2019.
- Greenland economic growth for 2019 was $2.99B, a 2.01% decline from 2018.
- Greenland economic growth for 2018 was $3.06B, a 7.16% increase from 2017.
- Greenland economic growth for 2017 was $2.85B, a 5.34% increase from 2016.
| Similar Country Ranking |
| Country Name |
Billions of US $ |
| United States |
$21,060.47B |
| Japan |
$5,040.11B |
| Germany |
$3,889.67B |
| United Kingdom |
$2,704.61B |
| France |
$2,639.01B |
| Italy |
$1,896.76B |
| Canada |
$1,645.42B |
| South Korea |
$1,644.31B |
| Australia |
$1,326.90B |
| Spain |
$1,276.96B |
| Netherlands |
$909.79B |
| Switzerland |
$739.91B |
| Saudi Arabia |
$703.37B |
| Poland |
$599.45B |
| Sweden |
$547.05B |
| Belgium |
$525.21B |
| Austria |
$435.23B |
| Ireland |
$425.85B |
| Israel |
$413.27B |
| Argentina |
$385.54B |
| Norway |
$362.20B |
| Denmark |
$355.22B |
| UAE |
$349.47B |
| Singapore |
$345.30B |
| Hong Kong |
$344.93B |
| Finland |
$271.89B |
| Chile |
$252.73B |
| Czech Republic |
$245.97B |
| Portugal |
$229.03B |
| New Zealand |
$211.73B |
| Greece |
$188.93B |
| Hungary |
$157.18B |
| Qatar |
$144.41B |
| Slovak Republic |
$106.70B |
| Kuwait |
$105.96B |
| Puerto Rico |
$103.02B |
| Oman |
$75.91B |
| Luxembourg |
$73.99B |
| Croatia |
$57.47B |
| Lithuania |
$56.85B |
| Panama |
$53.98B |
| Slovenia |
$53.71B |
| Uruguay |
$53.56B |
| Bahrain |
$34.72B |
| Latvia |
$34.60B |
| Estonia |
$31.37B |
| Macao |
$25.46B |
| Cyprus |
$25.01B |
| Iceland |
$21.69B |
| Trinidad and Tobago |
$21.06B |
| Malta |
$14.93B |
| Brunei |
$12.01B |
| Bahamas |
$9.70B |
| New Caledonia |
$9.44B |
| Bermuda |
$6.89B |
| Monaco |
$6.74B |
| Liechtenstein |
$6.11B |
| Guam |
$5.89B |
| French Polynesia |
$5.71B |
| Cayman Islands |
$5.61B |
| Barbados |
$4.67B |
| Virgin Islands (U.S.) |
$4.20B |
| Faroe Islands |
$3.25B |
| Greenland |
$3.08B |
| Andorra |
$2.89B |
| Aruba |
$2.61B |
| Curacao |
$2.50B |
| San Marino |
$1.54B |
| Antigua and Barbuda |
$1.37B |
| Seychelles |
$1.26B |
| Turks and Caicos Islands |
$0.92B |
| St. Kitts and Nevis |
$0.88B |
| Palau |
$0.25B |
| Greenland Economic Growth - Historical Data |
| Year |
GDP |
Per Capita |
Growth Rate |
| 2020 |
$3.08B |
$54,571 |
0.36% |
| 2019 |
$2.99B |
$53,256 |
2.27% |
| 2018 |
$3.06B |
$54,545 |
0.62% |
| 2017 |
$2.85B |
$50,767 |
0.05% |
| 2016 |
$2.71B |
$48,182 |
4.68% |
| 2015 |
$2.50B |
$44,536 |
-2.53% |
| 2014 |
$2.84B |
$50,485 |
4.74% |
| 2013 |
$2.68B |
$47,536 |
-1.30% |
| 2012 |
$2.61B |
$45,937 |
1.39% |
| 2011 |
$2.68B |
$47,187 |
-0.50% |
| 2010 |
$2.50B |
$43,988 |
1.74% |
| 2009 |
$2.53B |
$44,919 |
0.87% |
| 2008 |
$2.50B |
$44,367 |
6.17% |
| 2007 |
$2.25B |
$39,781 |
2.35% |
| 2006 |
$2.01B |
$35,458 |
5.56% |
| 2005 |
$1.85B |
$32,490 |
4.99% |
| 2004 |
$1.82B |
$32,023 |
6.91% |
| 2003 |
$1.56B |
$27,460 |
4.43% |
| 2002 |
$1.17B |
$20,653 |
-0.97% |
| 2001 |
$1.09B |
$19,275 |
1.27% |
| 2000 |
$1.07B |
$19,004 |
7.10% |
| 1999 |
$1.13B |
$20,170 |
1.38% |
| 1998 |
$1.15B |
$20,497 |
7.76% |
| 1997 |
$1.07B |
$19,145 |
1.47% |
| 1996 |
$1.20B |
$21,422 |
1.53% |
| 1995 |
$1.21B |
$21,666 |
3.73% |
| 1994 |
$1.01B |
$18,124 |
5.92% |
| 1993 |
$0.93B |
$16,797 |
-5.03% |
| 1992 |
$1.04B |
$18,769 |
-5.11% |
| 1991 |
$1.02B |
$18,315 |
-0.11% |
| 1990 |
$1.02B |
$18,327 |
-11.72% |
| 1989 |
$0.93B |
$16,814 |
6.66% |
| 1988 |
$0.90B |
$16,398 |
5.60% |
| 1987 |
$0.79B |
$14,554 |
5.52% |
| 1986 |
$0.60B |
$11,271 |
7.10% |
| 1985 |
$0.41B |
$7,761 |
3.66% |
| 1984 |
$0.38B |
$7,199 |
-5.18% |
| 1983 |
$0.42B |
$7,988 |
3.46% |
| 1982 |
$0.40B |
$7,814 |
-4.42% |
| 1981 |
$0.44B |
$8,544 |
0.67% |
| 1980 |
$0.48B |
$9,483 |
8.68% |
| 1979 |
$0.42B |
$8,481 |
4.86% |
| 1978 |
$0.36B |
$7,236 |
6.02% |
| 1977 |
$0.28B |
$5,714 |
8.82% |
| 1976 |
$0.24B |
$4,845 |
5.96% |
| 1975 |
$0.21B |
$4,258 |
0.65% |
| 1974 |
$0.17B |
$3,433 |
5.71% |
| 1973 |
$0.14B |
$2,860 |
6.81% |
| 1972 |
$0.11B |
$2,197 |
6.18% |
| 1971 |
$0.09B |
$1,877 |
13.06% |
| 1970 |
$0.07B |
$1,498 |
% |
