Greenland GDP (2026)
LiveGreenland has a small Arctic economy dominated by fisheries, public services, construction, and financial transfers from Denmark. Seafood exports provide the main source of merchandise earnings, while mineral resources and tourism offer possibilities for future diversification. This page covers Greenland GDP figures, historical economic patterns, and the outlook for 2026.
Greenland GDP Growth (1970โ2023)
Annual real GDP growth rate (%)
Historical Highlights
1970โ2023 GDP performance summary
Share of World GDP (2026)
Key Findings
Greenland's GDP in 2026 is $3.33B.
It ranks #183 among 218 countries.
Greenland contributes 0.00% to the world economy.
GDP per capita is N/A in 2023.
The economy recorded GDP growth of 0.00% in 2023.
Greenland GDP Historical Data (1970โ2023)
| 2023 | $3,326,543,974 | 0.00% | N/A | 0.00% | #177 |
| 2022 | $3,152,334,772 | 0.00% | N/A | 0.00% | #180 |
| 2021 | $3,293,578,468 | 0.00% | N/A | 0.00% | #178 |
| 2020 | $3,089,625,554 | 0.00% | N/A | 0.00% | #174 |
| 2019 | $2,997,309,972 | 0.00% | N/A | 0.00% | #180 |
| 2018 | $3,055,782,146 | 0.00% | N/A | 0.00% | #176 |
| 2017 | $2,851,613,679 | 0.00% | N/A | 0.00% | #178 |
| 2016 | $2,707,139,544 | 0.00% | N/A | 0.00% | #179 |
| 2015 | $2,499,113,023 | 0.00% | N/A | 0.00% | #179 |
| 2014 | $2,842,065,708 | 0.00% | N/A | 0.00% | #177 |
| 2013 | $2,684,946,990 | 0.00% | N/A | 0.00% | #177 |
| 2012 | $2,609,678,486 | 0.00% | N/A | 0.00% | #176 |
| 2011 | $2,684,461,375 | 0.00% | N/A | 0.00% | #173 |
| 2010 | $2,503,167,187 | 0.00% | N/A | 0.00% | #172 |
| 2009 | $2,529,963,903 | 0.00% | N/A | 0.00% | #172 |
| 2008 | $2,499,092,314 | 0.00% | N/A | 0.00% | #171 |
| 2007 | $2,249,811,296 | 0.00% | N/A | 0.00% | #172 |
| 2006 | $2,013,106,930 | 0.00% | N/A | 0.00% | #172 |
| 2005 | $1,849,802,648 | 0.00% | N/A | 0.00% | #170 |
| 2004 | $1,822,499,769 | 0.00% | N/A | 0.00% | #170 |
| 2003 | $1,558,759,823 | 0.00% | N/A | 0.00% | #170 |
| 2002 | $1,169,136,716 | 0.00% | N/A | 0.00% | #174 |
| 2001 | $1,086,170,704 | 0.00% | N/A | 0.00% | #169 |
| 2000 | $1,068,025,016 | 0.00% | N/A | 0.00% | #166 |
| 1999 | $1,131,555,107 | 0.00% | N/A | 0.00% | #159 |
| 1998 | $1,149,858,070 | 0.00% | N/A | 0.00% | #160 |
| 1997 | $1,072,154,434 | 0.00% | N/A | 0.00% | #161 |
| 1996 | $1,197,515,569 | 0.00% | N/A | 0.00% | #157 |
| 1995 | $1,208,953,287 | 0.00% | N/A | 0.00% | #155 |
| 1994 | $1,005,887,539 | 0.00% | N/A | 0.00% | #149 |
| 1993 | $927,214,152 | 0.00% | N/A | 0.00% | #148 |
| 1992 | $1,037,916,163 | 0.00% | N/A | 0.00% | #141 |
| 1991 | $1,016,500,069 | 0.00% | N/A | 0.00% | #135 |
| 1990 | $1,018,977,280 | 0.00% | N/A | 0.00% | #132 |
| 1989 | $929,799,902 | 0.00% | N/A | 0.00% | #131 |
| 1988 | $898,607,671 | 0.00% | N/A | 0.00% | #131 |
| 1987 | $787,390,409 | 0.00% | N/A | 0.00% | #131 |
| 1986 | $603,016,293 | 0.00% | N/A | 0.00% | #132 |
| 1985 | $412,876,383 | 0.00% | N/A | 0.00% | #134 |
| 1984 | $379,371,901 | 0.00% | N/A | 0.00% | #132 |
| 1983 | $416,184,071 | 0.00% | N/A | 0.00% | #133 |
| 1982 | $402,403,041 | 0.00% | N/A | 0.00% | #133 |
| 1981 | $435,748,993 | 0.00% | N/A | 0.00% | #132 |
| 1980 | $476,051,741 | 0.00% | N/A | 0.00% | #131 |
| 1979 | $420,645,822 | 0.00% | N/A | 0.96% | #9 |
| 1978 | $355,987,433 | 0.00% | N/A | 0.88% | #9 |
| 1977 | $282,269,749 | 0.00% | N/A | 0.82% | #9 |
| 1976 | $240,779,418 | 0.00% | N/A | 0.73% | #9 |
| 1975 | $211,190,630 | 0.00% | N/A | 0.68% | #9 |
| 1974 | $169,918,949 | 0.00% | N/A | 0.64% | #9 |
| 1973 | $140,153,748 | 0.00% | N/A | 0.64% | #9 |
| 1972 | $106,101,298 | 0.00% | N/A | 0.56% | #9 |
| 1971 | $88,466,738 | 0.00% | N/A | 0.54% | #9 |
| 1970 | $69,520,027 | 0.00% | N/A | 0.50% | #9 |
Greenland GDP Projections (IMF)
iGreenland Economy Overview
Greenland's economy is concentrated around commercial fishing, particularly shrimp and halibut, which account for most merchandise exports. Seafood processing supports employment in coastal communities, while government administration and public services represent a large portion of domestic economic activity. Financial transfers from Denmark provide important fiscal support. Construction, transportation, retail, and tourism contribute additional output across the geographically dispersed population. Greenland also possesses deposits of rare earth elements and other minerals, although high costs, environmental considerations, and Arctic conditions complicate large-scale resource development.
Greenland GDP Outlook
Greenlandโs outlook is shaped by fisheries, public-sector activity, tourism, and the potential development of mineral resources. Expansion in Arctic tourism, seafood processing, renewable energy, and selective mining could diversify income over time. Improved transport infrastructure may support broader economic activity. High operating costs, labor shortages, climate impacts, environmental concerns, dependence on transfers from Denmark, and a narrow export base remain significant constraints.
Data & Methodology
How the figures on this page are compiled
- Primary Sources
- IMF, World Bank, United Nations and OECD
- Historical Coverage
- 1970โ2023
- GDP Measurement
- Nominal gross domestic product in current U.S. dollars
- Update Schedule
- Updated annually using the latest available projections
- Population Data
- United Nations World Population Prospects
Frequently Asked Questions
Greenland's nominal GDP in 2023 is approximately $3,326,543,974, measured in current US dollars.
Greenland's GDP growth rate in 2023 is 0.00%.
GDP per capita is calculated by dividing total GDP by the country's population.
Greenland ranks #183 globally by nominal GDP in 2026.
GDP is commonly calculated as household consumption plus investment, government spending, and net exports.
Sources
Related Pages
- ๐บ๐ธ United States GDP
- ๐จ๐ณ China GDP
- ๐ฉ๐ช Germany GDP
- ๐ฏ๐ต Japan GDP
- ๐ฌ๐ง United Kingdom GDP
- ๐ฎ๐ณ India GDP
- ๐ World GDP Live
- ๐ GDP by Country
- ๐ GDP Per Capita by Country
- ๐ GDP PPP Growth Rate by Country