GDP of Greenland: $3.3 billion in 2023, ranking 175th of 204 countries. In 2010 it was $2.5 billion. That is 0.00% of the world economy.
Data last updated · Period: 2010–2023
Understanding the chart
The line chart above tracks GDP of Greenland for each year from 2010 to 2023, 14 data points in all. Each dot is one year; the first and last years and the highest point are labelled with their values, and the vertical scale is in current us$. All values in this period were above zero. The data table below the chart lists every value, and you can download the data, embed the chart or share it from the buttons above. The figures cover 2010–2023 and come from World Bank, World Development Indicators (CC BY 4.0).
Key insights
- Between 2010 and 2023, Greenland's GDP rose from $2.5 billion to $3.3 billion, a change of 32.9% (about 2.2% a year on average).
- The highest value in this period was $3.3 billion in 2023; the lowest was $2.5 billion in 2015.
- Recently, the figure has moved up and down over the last three years (2022: $3.2 billion; 2023: $3.3 billion).
- Greenland has the 175th-highest value of 204 countries with recent data.
- In Northern America, Greenland has the 4th-highest value of 4 countries with recent data; the highest is United States ($30.8 trillion), and the typical (median) value is $1.2 trillion.
Analysis
Averaged over periods, the figure was $2.7 billion in 2010 to 2014, $2.8 billion in 2015 to 2019 and $3.2 billion in 2020 onwards. The value went up in 9 of the 13 year-to-year steps and down in 4. The biggest one-year rise came in 2016 (+$208.0 million, or 8.3%). The biggest one-year fall came in 2015 (−$343.0 million, or 12.1%). Across the period the values varied by about 10% around their average ($2.9 billion), a fairly steady path.
What it means
For businesses and investors, the figure is most useful alongside related measures for the same country, such as growth, inflation, population and incomes, and compared with similar countries. Compared with its neighbours in Northern America, where the typical value is $1.2 trillion, Greenland is 100% lower than the regional median.
Related figures
- GDP (current US$) by country, 2025: $30.8 trillion (highest: United States). The total value of goods and services produced in a year, converted to US dollars at official exchange rates.
- GDP of Bermuda, 2010–2024: $9.2 billion (GDP, 2024 · 155th of 204). GDP of Bermuda: $9.2 billion in 2024, ranking 155th of 204 countries.
- GDP of Canada, 2010–2025: $2.3 trillion (GDP, 2025 · 10th of 204). GDP of Canada: $2.3 trillion in 2025, ranking 10th of 204 countries.
About this statistic
The total value of goods and services produced in a year, converted to US dollars at official exchange rates. A rough measure of the size of a market. Exchange rate swings can move it even when the economy itself has not changed much.
For businesses, the size and growth of an economy shape demand: faster growth usually means rising incomes, more customers and more investment, while high inflation raises costs and makes planning harder. The figures come from the World Bank's World Development Indicators, which compile official national statistics in a consistent form so countries can be compared.
Questions and answers
What is the gDP of Greenland?
$3.3 billion (GDP, 2023 · 175th of 204). GDP of Greenland: $3.3 billion in 2023, ranking 175th of 204 countries. In 2010 it was $2.5 billion. That is 0.00% of the world economy.
How has GDP in Greenland changed since 2010?
Between 2010 and 2023, Greenland's GDP rose from $2.5 billion to $3.3 billion, a change of 32.9% (about 2.2% a year on average). The highest value in this period was $3.3 billion in 2023; the lowest was $2.5 billion in 2015.
Where does this data come from?
From World Bank, World Development Indicators (CC BY 4.0), covering 2010–2023. The total value of goods and services produced in a year, converted to US dollars at official exchange rates. A rough measure of the size of a market. Exchange rate swings can move it even when the economy itself has not changed much.
Data
| Year | GDP (current US$) |
|---|---|
| 2010 | $2.5 billion |
| 2011 | $2.7 billion |
| 2012 | $2.6 billion |
| 2013 | $2.7 billion |
| 2014 | $2.8 billion |
| 2015 | $2.5 billion |
| 2016 | $2.7 billion |
| 2017 | $2.9 billion |
| 2018 | $3.1 billion |
| 2019 | $3.0 billion |
| 2020 | $3.1 billion |
| 2021 | $3.3 billion |
| 2022 | $3.2 billion |
| 2023 | $3.3 billion |
Source and notes
Source: World Bank, World Development Indicators (CC BY 4.0). Period: 2010–2023. Coverage: Greenland.
The total value of goods and services produced in a year, converted to US dollars at official exchange rates. A rough measure of the size of a market. Exchange rate swings can move it even when the economy itself has not changed much.
Cite this statistic
Please also credit the original source: World Bank, World Development Indicators (CC BY 4.0).Related statistics
- GDP (current US$) by country, 2025
- GDP of Bermuda, 2010–2024
- GDP of Canada, 2010–2025
- GDP of United States, 2010–2025
- Economic growth (GDP growth) in Greenland, 2010–2023
- GDP per person in Greenland, 2010–2023
- GDP per person, adjusted for prices (PPP, international $) in Greenland, 2010–2023
- Agriculture, forestry and fishing (% of GDP) in Greenland, 2010–2023
- Industry, including construction (% of GDP) in Greenland, 2010–2023
All Greenland data: economy, people, jobs and digital in one place
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