Greenland's total natural resources rents (% of GDP) was 0% in 2020, the latest year in the World Bank's World Development Indicators. That is unchanged since 2010.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 0% | 2020 |
| Five years earlier | 0% | 2015 |
| Ten years earlier | 0% | 2010 |
| Highest | 46.91% | 1974 |
| Lowest | 0% | 1970 |
| Average since 2011 | 0.05% | 2011–2020 |
| First recorded | 0% | 1970 |
What the numbers say
In 2020, Greenland's total natural resources rents (% of GDP) did not change 0 percentage points on 2019 (from 0% to 0%).
Across the 30 yearly changes before that (1990 to 2019), the average change was −0.82 percentage points and a typical year strayed about 3.35 percentage points from that (the standard deviation). This year's change was 0.2 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 37.33 percentage points in 1974 and the biggest yearly fall was 36.84 percentage points in 1975. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2011 to 2020 the straight-line trend is downward, about 0.02 percentage points a year. A straight line explains 34% 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.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Greenland | 0% | 2020 |
| World | 3.06% | 2021 |
| Europe & Central Asia | 2.21% | 2021 |
| High income | 2.48% | 2021 |
Closest to Greenland in the 2020 ranking
- Cuba — 3rd of 7: 0.57%
- Virgin Islands (US) — 4th of 7: 0.21%
- Liechtenstein — 5th of 7: 0.00147%
- San Marino — 7th of 7: 0%
What this measures
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 51 values
| Year | Total natural resources rents (% of GDP) |
|---|---|
| 2020 | 0 |
| 2019 | 0 |
| 2018 | 0 |
| 2017 | 0 |
| 2016 | 0 |
| 2015 | 0 |
| 2014 | 0 |
| 2013 | 0.0191 |
| 2012 | 0.3539 |
| 2011 | 0.1146 |
| 2010 |
Total natural resources rents (% of GDP) in nearby economies
- Albania — 1.44% (2021)
- Andorra — 0% (2021)
- Armenia — 7.05% (2021)
- Austria — 0.12% (2021)
- Azerbaijan — 29.94% (2021)
- Belarus — 1.86% (2021)
- Belgium — 0.04% (2021)
- Bosnia and Herzegovina — 0.81% (2021)
- Bulgaria — 0.92% (2021)
- Croatia — 0.68% (2021)
More environment data for Greenland
- Rural population — 6,494 (2025)
- Rural population (% of total population) — 11.43% (2025)
- Urban population — 50,337 (2025)
- Urban population (% of total population) — 88.57% (2025)
- Aquaculture production (metric tons) — 30 (2024)
- Capture fisheries production (metric tons) — 331,285 (2024)
- Total fisheries production (metric tons) — 331,315 (2024)
- Rural population growth (annual %) — -2.21% (2025)
- Urban population growth (annual %) — 0.28% (2025)
- Agricultural land (sq. km) — 2,431 (2024)
Reading data like this
Questions people ask
- What is Greenland's total natural resources rents (% of GDP)?
- 0% in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is unchanged since 1970. The highest value was 46.91% in 1974 and the lowest 0% in 1970.
- Is the latest change in total natural resources rents (% of GDP) unusual for Greenland?
- In 2020, Greenland's total natural resources rents (% of GDP) did not change 0 percentage points on 2019 (from 0% to 0%). Across the 30 yearly changes before that (1990 to 2019), the average change was −0.82 percentage points and a typical year strayed about 3.35 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator NY.GDP.TOTL.RT.ZS, licensed CC BY 4.0. Original source: The Changing Wealth of Nations, World Bank (WB), uri: https://www.worldbank.org/en/publication/changing-wealth-of-nations/data, note: World Bank staff estimates based on sources and methods described in the World Bank's The Changing Wealth of Nations., publisher: World Bank (WB); Staff estimates, Wo… 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in