The Gross Domestic Product (GDP) in Greenland was worth 3.33 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Greenland represents 0 percent of the world economy. This dataset provides - Greenland GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

Greenland GL: GDP: Growth data was reported at 7.663 % in 2016. This records an increase from the previous number of 0.310 % for 2015. Greenland GL: GDP: Growth data is updated yearly, averaging 4.080 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 13.061 % in 1971 and a record low of -11.720 % in 1990. Greenland GL: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

The gross domestic product (GDP) of Greenland increased from 2011 to 2021. In 2011, the GDP of Greenland amounted to roughly 14 billion Danish kroner, and it reached over 20 billion Danish kroner in 2021.

Greenland GL: Exports: Goods: by Reporting Economy data was reported at 551.725 USD mn in 2016. This records an increase from the previous number of 397.171 USD mn for 2015. Greenland GL: Exports: Goods: by Reporting Economy data is updated yearly, averaging 285.208 USD mn from Dec 1964 (Median) to 2016, with 53 observations. The data reached an all-time high of 687.476 USD mn in 1989 and a record low of 7.960 USD mn in 1968. Greenland GL: Exports: Goods: by Reporting Economy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank.WDI: Exports. Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Sum;

Merchandise exports by the reporting economy (current US$) in Greenland was reported at 1005531197 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Greenland - Merchandise exports by the reporting economy - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Greenland GL: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at -0.218 % in 2016. This records a decrease from the previous number of 6.131 % for 2015. Greenland GL: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 1.546 % from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 6.532 % in 2003 and a record low of -3.229 % in 2005. Greenland GL: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

Merchandise imports by the reporting economy (current US$) in Greenland was reported at 1208985986 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Greenland - Merchandise imports by the reporting economy - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Merchandise imports by the reporting economy, residual (% of total merchandise imports) in Greenland was reported at 0.00049 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Greenland - Merchandise imports by the reporting economy, residual (% of total merchandise imports) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Greenland GL: GDP data was reported at 18,215.300 DKK mn in 2016. This records an increase from the previous number of 16,955.700 DKK mn for 2015. Greenland GL: GDP data is updated yearly, averaging 6,502.000 DKK mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 18,215.300 DKK mn in 2016 and a record low of 521.400 DKK mn in 1970. Greenland GL: GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank.WDI: Gross Domestic Product: Nominal. 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 local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Greenland GL: GDP: per Capita data was reported at 324,196.419 DKK in 2016. This records an increase from the previous number of 302,165.235 DKK for 2015. Greenland GL: GDP: per Capita data is updated yearly, averaging 117,153.153 DKK from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 324,196.419 DKK in 2016 and a record low of 11,237.073 DKK in 1970. Greenland GL: GDP: per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank.WDI: Gross Domestic Product: Nominal. GDP per capita is gross domestic product divided by midyear population. GDP 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 local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Greenland GL: GDP: Market Price: Linked Series data was reported at 18,215.300 DKK mn in 2016. This records an increase from the previous number of 16,955.700 DKK mn for 2015. Greenland GL: GDP: Market Price: Linked Series data is updated yearly, averaging 9,749.350 DKK mn from Dec 1989 (Median) to 2016, with 28 observations. The data reached an all-time high of 18,215.300 DKK mn in 2016 and a record low of 6,012.000 DKK mn in 1993. Greenland GL: GDP: Market Price: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank: Gross Domestic Product: Nominal. 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

Greenland GL: GDP: Linked Series data was reported at 20,343.900 DKK mn in 2021. This records an increase from the previous number of 20,168.700 DKK mn for 2020. Greenland GL: GDP: Linked Series data is updated yearly, averaging 11,532.300 DKK mn from Dec 1990 (Median) to 2021, with 32 observations. The data reached an all-time high of 20,343.900 DKK mn in 2021 and a record low of 6,012.000 DKK mn in 1993. Greenland GL: GDP: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank.WDI: Gross Domestic Product: Nominal. GDP 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

Greenland GL: GDP: Growth:(GDP) Gross Domestic Productper Capita data was reported at 7.525 % in 2016. This records an increase from the previous number of 0.634 % for 2015. Greenland GL: GDP: Growth:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 3.465 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 11.145 % in 1971 and a record low of -12.196 % in 1990. Greenland GL: GDP: Growth:(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP per capita is gross domestic product divided by midyear population. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Greenland GL: GDP: USD: per Capita data was reported at 48,159.535 USD in 2016. This records an increase from the previous number of 44,912.266 USD for 2015. Greenland GL: GDP: USD: per Capita data is updated yearly, averaging 18,326.805 USD from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 50,408.335 USD in 2014 and a record low of 1,498.276 USD in 1970. Greenland GL: GDP: USD: per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank.WDI: Gross Domestic Product: Nominal. GDP per capita is gross domestic product divided by midyear population. GDP 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Greenland GL: GDP: USD data was reported at 2.706 USD bn in 2016. This records an increase from the previous number of 2.520 USD bn for 2015. Greenland GL: GDP: USD data is updated yearly, averaging 1.019 USD bn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 2.838 USD bn in 2014 and a record low of 69.520 USD mn in 1970. Greenland GL: GDP: USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank.WDI: Gross Domestic Product: Nominal. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

Greenland GL: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data was reported at 3,557.400 DKK mn in 2021. This records an increase from the previous number of 3,518.700 DKK mn for 2020. Greenland GL: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data is updated yearly, averaging 2,266.000 DKK mn from Dec 2003 (Median) to 2021, with 19 observations. The data reached an all-time high of 3,693.500 DKK mn in 2019 and a record low of 1,571.400 DKK mn in 2009. Greenland GL: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank.WDI: Gross Domestic Product: Nominal. Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;Note: Data for OECD countries are based on ISIC, revision 4.

Greenland GL: Imports: Goods: by Reporting Economy data was reported at 623.045 USD mn in 2016. This records an increase from the previous number of 586.267 USD mn for 2015. Greenland GL: Imports: Goods: by Reporting Economy data is updated yearly, averaging 373.590 USD mn from Dec 1962 (Median) to 2016, with 55 observations. The data reached an all-time high of 997.563 USD mn in 2011 and a record low of 22.200 USD mn in 1962. Greenland GL: Imports: Goods: by Reporting Economy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank: Imports. Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Sum;

Greenland GL: GDP: Growth: Gross Capital Formation data was reported at 11.080 % in 2016. This records a decrease from the previous number of 16.042 % for 2015. Greenland GL: GDP: Growth: Gross Capital Formation data is updated yearly, averaging 11.080 % from Dec 2004 (Median) to 2016, with 13 observations. The data reached an all-time high of 66.500 % in 2010 and a record low of -38.648 % in 2012. Greenland GL: GDP: Growth: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Greenland GL: GDP: % of GDP: Gross Capital Formation data was reported at 25.108 % in 2016. This records a decrease from the previous number of 25.290 % for 2015. Greenland GL: GDP: % of GDP: Gross Capital Formation data is updated yearly, averaging 27.834 % from Dec 2003 (Median) to 2016, with 14 observations. The data reached an all-time high of 64.009 % in 2011 and a record low of 16.293 % in 2004. Greenland GL: GDP: % of GDP: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank: Gross Domestic Product: Share of GDP. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;