Greenland: GDP per capita (current US$)

Key figures

What the numbers say

In 2023, Greenland's GDP per capita (current US$) rose US$2,864 on 2022 (from US$55,635 to US$58,499).

Across the 30 yearly changes before that (1993 to 2022), the average change was +US$1,229 and a typical year strayed about US$2,704 from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$6,809 in 2003 and the biggest yearly fall was US$5,949 in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is upward, about US$1,276 a year. A straight line explains 77% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about US$61,826 for 2026. We show this only because the same method, fitted on earlier years, predicted 2021 to 2023 better than "no change" would have: its average miss was US$1,649, against US$2,611 for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

See how every economy compares in the full ranking.

Closest to Greenland in the 2023 ranking

• Isle of Man — 1st of 4: US$90,015
• Channel Islands — 2nd of 4: US$74,586
• San Marino — 3rd of 4: US$59,871

What this measures

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 54 values

GDP per capita (current US$) in nearby economies

• Albania — US$12,998 (2025)
• Andorra — US$54,292 (2025)
• Armenia — US$9,474 (2025)
• Austria — US$62,930 (2025)
• Azerbaijan — US$7,411 (2025)
• Belarus — US$10,279 (2025)
• Belgium — US$60,750 (2025)
• Bosnia and Herzegovina — US$10,382 (2025)
• Bulgaria — US$20,328 (2025)
• Channel Islands — US$74,586 (2023)
• Croatia — US$27,104 (2025)

More economic policy & debt data for Greenland

• GDP (current US$) — US$3.33 billion (2023)
• GDP (current LCU) — 22.92 billion (2023)
• GDP (constant 2015 US$) — US$2.84 billion (2023)
• GDP (constant LCU) — 16.26 billion (2023)
• GDP per capita (current LCU) — 403,041 (2023)
• GDP per capita (constant 2015 US$) — US$49,930 (2023)
• GDP per capita (constant LCU) — 285,947 (2023)
• GDP (annual % growth) — 0.87% (2023)
• GDP per capita (annual % growth) — 0.5% (2023)
• Adjusted savings, carbon dioxide damage (current US$) — US$20.96 million (2021)
• Adjusted savings, mineral depletion (current US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Greenland's GDP per capita (current US$)?

US$58,499 in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is up 3,804% from US$1,498 in 1970 (7.16% a year on average, compounded). The highest value was US$58,499 in 2023 and the lowest US$1,498 in 1970.

Is the latest change in GDP per capita (current US$) unusual for Greenland?

Source

World Bank, World Development Indicators, indicator NY.GDP.PCAP.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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