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Greenland
GDP growth (annual %)

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. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

Global rank#159out of 204 countries
Go to rankingOpenglobal ranking and map

Historical trend

13.16.90.7-5.5-11.7197119972023Greenland · 2023: 0.87%Greenland

Analytical takeaways

  • Greenland records 0.87% for GDP growth (annual %) in 2023, ranking #159 globally out of 204 countries.
  • GDP growth (annual %) declined from 13.06% in 1971 to 0.87% in 2023, a decrease of 12.19%.
  • The country sits in the bottom quartile of the global distribution for this metric, which also makes the page relevant for low-value and lagging-performance searches.

Comparison

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