Greenland flag

Greenland GDP Growth Rate (2026)

Latest Update: November 2026
Source: IMF
Greenland has a small Arctic economy supported by fisheries, public services, construction, mining prospects, and transfers from Denmark. This page examines its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+0.9%
Annual real GDP growth
World Rank
#187
Out of 218 economies
Change vs 2025
N/A
Previous-year data unavailable
North America Rank
#30
Out of 36 economies

1. Greenland GDP Growth Rate in 2026

Greenlandic economic growth is influenced by fisheries, public investment, construction, household demand, and infrastructure projects. Seafood markets remain especially important.

2. Greenland GDP Growth Rate Trends (2026–2026)

Greenland’s growth history has been shaped by fishing cycles, public-sector activity, infrastructure investment, and a small population base.

3. Greenland GDP Growth Rate (Historical Data)

Year GDP Growth Rate Change (pp)
2026 +0.9% —

4. Greenland GDP Growth Performance

Current Growth Rate
+0.9%
(2026 to 2026)
5-Year Average
+0.9%
(2022 to 2026)
10-Year Average
+0.9%
(2017 to 2026)
20-Year Average
+0.9%
(2007 to 2026)
The economy benefits from productive fisheries and public investment, while geographic isolation and limited diversification constrain broader expansion.

5. Greenland GDP Growth Rate vs North America and World

Greenland
+0.9%
North America Average
+2.5%
World Average
+2.9%
0.0% 1.5% 2.9%
Annual real GDP growth (%)
Greenland’s GDP growth rate is approximately 1.6 pp below the North America average and 2.0 pp below the world average.

6. Greenland GDP Growth Rate Ranking in North America

Rank Country GDP Growth Rate
#26 Saint Kitts & Nevis +2.0%
#27 Saint Lucia +2.0%
#28 Mexico +1.6%
#29 Canada +1.5%
#30 Greenland +0.9%
#31 Trinidad and Tobago +0.8%
#32 Puerto Rico -0.1%
#33 Jamaica -1.2%
#34 U.S. Virgin Islands -1.3%

7. Top 10 Fastest-Growing Countries in the World (2026)

Rank Country GDP Growth Rate
#1 Guyana flag Guyana +16.2%
#2 Ethiopia flag Ethiopia +9.2%
#3 Guinea flag Guinea +8.7%
#4 Uganda flag Uganda +7.5%
#5 Bhutan flag Bhutan +7.5%
#6 Rwanda flag Rwanda +7.2%
#7 Vietnam flag Vietnam +7.1%
#8 Benin flag Benin +7.0%
#9 Niger flag Niger +6.7%
#10 Libya flag Libya +6.7%

8. GDP Growth Rate and Economy Size in Greenland

Greenland GDP (Nominal)
$3.3 Billion
(2026)
Greenland GDP Growth Rate
+0.9%
(2026)
Greenland’s growth can fluctuate more than that of larger Nordic economies because a few sectors account for most economic activity.
Explore more: Greenland GDP

9. Greenland GDP Growth Rate Forecast

The outlook depends on fisheries, infrastructure, tourism, mining development, and public investment. Labor shortages and external demand remain important risks.
Forecast data is currently unavailable for Greenland.

10. Greenland GDP Growth Rate: Key Findings

Greenland GDP growth rate is estimated at +0.9% in 2026.
It ranks #187 globally and #30 in North America by annual GDP growth rate.
The 5-year average GDP growth rate is +0.9%.
The 10-year average GDP growth rate is +0.9%.
The current rate is 1.6 percentage points below the North America average.
The current rate is 2.0 percentage points below the world average.

11. What Is GDP Growth Rate?

GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate = (Real GDPₜ − Real GDPₜ₋₁) ÷ Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.

12. Methodology and Data Sources

Additional Source: World Bank
Measure: Annual percentage change in real GDP
Unit: Percent (%)
Comparisons: Year-to-year rate differences are shown in percentage points (pp)
Update Frequency: Annually and when new forecasts are released
Last Updated: November 2026

13. Greenland GDP Growth Rate FAQs

Greenland GDP growth rate is estimated at +0.9% in 2026.
Greenland ranks #187 globally and #30 in North America by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +0.9% in 2026.
GDP growth rate data for 2015 is currently unavailable.
Greenland GDP growth rate is 1.6 percentage points below the North America average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.