GL
Economy · Europe & Central Asia · High income
Greenland: the economy in numbers
GDP is $3.3bn (2023), 179th of 211 in the world and 56th of 57 in Europe & Central Asia. GDP per capita is $58,499 (2023), 26th of 211 in the world and 18th of 57 in Europe & Central Asia. GDP per capita, PPP is $78,906 (2023), 20th of 199 in the world and 10th of 53 in Europe & Central Asia.
GDP
Greenland
GDP per capita
GreenlandEurope & Central AsiaHigh incomeWorld
12 indicators
Economy: Greenland in detail
Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GDPGDP, current US$ | $3.3bn2023 | 179/211 | 56/57 | $1.1bn | $2.5bn | $3.1bn | +24%since 2013 | $32.3tn | $76.9tn | $118tn | |
| GDP per capitaGDP per capita, current US$ | $58,4992023 | 26/211 | 18/57 | $19,009 | $44,277 | $54,813 | +23%since 2013 | $34,603 | $53,997 | $14,406 | |
| GDP per capita, PPPGDP per capita, PPP (current international $) | $78,9062023 | 20/199 | 10/53 | $29,616 | $50,191 | $64,999 | +49%since 2013 | $54,129 | $69,953 | $25,704 | |
| GNI per capitaGNI per capita, Atlas method, US$ | $34,8002007 | — | — | $20,290 | · | · | +69%since 1997 | $32,822 | $52,957 | $14,244 | |
| GDP growthGDP growth, annual % | 0.9%2023 | 177/210 | 43/56 | 7.1% | 1.7% | 0.3% | +2.2 ppsince 2013 | 1.7% | 1.9% | 2.9% | |
| GDP per capita growthGDP per capita growth, annual % | 0.5%2023 | 166/210 | 44/56 | 6.9% | 1.4% | 0.0% | +1.2 ppsince 2013 | 1.3% | 1.5% | 2.0% | |
| Agriculture shareAgriculture, forestry and fishing, % of GDP | 16.6%2023 | 47/198 | 3/56 | · | 13.4% | 15.7% | +1.5 ppsince 2013 | 2.0% | 1.3% | 4.0% | |
| Industry shareIndustry incl. construction, % of GDP | 18.4%2023 | 136/201 | 42/57 | · | 18.1% | 20.7% | +0.3 ppsince 2013 | 22.7% | 21.3% | 25.0% | |
| Manufacturing shareManufacturing, value added, % of GDP | 2.7%2023 | 174/194 | 52/54 | · | 4.3% | 2.9% | −2.3 ppsince 2013 | 13.5% | 12.0% | 14.9% | |
| Services shareServices, % of GDP | 61.0%2023 | 79/201 | 32/57 | · | 65.6% | 59.9% | −2.9 ppsince 2013 | 65.5% | 69.1% | 63.3% | |
| InvestmentGross capital formation, % of GDP | 36.0%2023 | 9/175 | 1/51 | · | 52.4% | 33.0% | +5.9 ppsince 2013 | 22.9% | 22.6% | 26.3% | |
| Resource rentsNatural resources rents, % of GDP | 0.0%2020 | 194/209 | 53/56 | 0.0% | 0.0% | 0.0% | ±0.0 ppsince 2010 | 2.2% | 2.5% | 3.1% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- GDP+24%$3.3bn in 2023
- GDP per capita+23%$58,499 in 2023
- GDP per capita, PPP+49%$78,906 in 2023
- GNI per capita+69%$34,800 in 2007
Worse than ten years ago
No rated indicator got worse over the decade.
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Greenland and its neighbours
Countries sharing a land border with Greenland. Latest values since 2005; the highest in each row is marked.
| Indicator | Greenland | Canada | Norway | Iceland |
|---|---|---|---|---|
| GDP | $3.3bn2023 | $2.3tn2025 | $531bn2025 | $38.6bn2025 |
| GDP per capita | $58,4992023 | $55,6982025 | $94,5942025 | $98,3232025 |
| GDP per capita, PPP | $78,9062023 | $66,7462025 | $104,0442025 | $83,4312025 |
| GNI per capita | $34,8002007 | $56,4202025 | $97,3102025 | $89,2202025 |
| GDP growth | 0.9%2023 | 1.7%2025 | 1.1%2025 | 1.3%2025 |
| GDP per capita growth | 0.5%2023 | 0.8%2025 | 0.4%2025 | -0.2%2025 |
| Agriculture share | 16.6%2023 | 1.9%2022 | 1.6%2025 | 3.7%2025 |
| Industry share | 18.4%2023 | 27.4%2022 | 34.5%2025 | 20.1%2025 |
| Manufacturing share | 2.7%2023 | 9.3%2022 | 6.1%2025 | 8.5%2025 |