Greenland GDP per Capita
GDP divided by midyear population NY.GDP.PCAP.CD
Greenland's gdp per capita was $58,499 in 2023, ranked 20th globally. This represents a 5.1% increase from 2022. Data from World Bank, covering 1970–2023.
Overview
Greenland's gdp per capita stood at $58,499 in 2023, a rise of +$2,864 from 2022. Greenland ranked 20th globally.
Greenland’s GDP per capita has risen dramatically from the all‑time trough of 1,498.28 in 1970 to an all‑time peak of 58,498.97 in 2023, placing the territory at rank 20 globally. Over the 54‑year coverage period the average annual increase exceeds 1,000 units, reflecting the expansion of fisheries, mining and tourism, as well as substantial public investment financed by Danish transfers and growing export revenues. The 2023 figure of 58,498.97 is only marginally below that of San Marino (59,879.72) and close to Austria’s 56,579.50, underscoring Greenland’s emergence among high‑income economies despite its small population. The long‑term upward trajectory suggests that continued development of the rare‑earth sector and further integration into global value chains could sustain growth, while any slowdown in commodity prices or shifts in climate policy could temper the pace of future increases.
Data & projection
| Year | GDP per Capita | YoY change | Rank |
|---|---|---|---|
| 2023 | $58,499 | +$2,864 | #20 |
| 2022 | $55,635 | −$2,501 | #20 |
| 2021 | $58,136 | +$3,323 | #20 |
| 2020 | $54,813 | +$1,503 | #16 |
| 2019 | $53,309 | −$1,236 | #20 |
| 2018 | $54,545 | +$3,779 | #19 |
| 2017 | $50,766 | +$2,584 | #20 |
| 2016 | $48,182 | +$3,645 | #20 |
| 2015 | $44,536 | −$5,949 | #23 |
| 2014 | $50,485 | +$2,950 | #25 |
| 2013 | $47,535 | +$1,599 | #27 |
| 2012 | $45,937 | −$1,250 | #29 |
| 2011 | $47,187 | +$2,910 | #30 |
| 2010 | $44,277 | −$642 | #26 |
| 2009 | $44,919 | +$552 | #21 |
Analysis
Greenland's gdp per capita was $58,499 in 2023, a rise of +$2,864 from 2022.
Frequently Asked Questions
Greenland's gdp per capita was $58,499 in 2023. Ranked 20th globally. This represents a 5.1% increase from the previous year.
Greenland's gdp per capita peaked at $58,499 in 2023.
The lowest gdp per capita in Greenland was $1,498 in 1970.
Greenland ranks 20th globally in gdp per capita as of 2023.
The World Bank indicator code is NY.GDP.PCAP.CD. Data sourced from World Bank.
The gdp per capita of Greenland in 2023 was $58,499. This ranks 20th in the world.
Cite this page
@misc{historysaid_greenland_gdp-per-capita,
title = {Greenland GDP per Capita},
url = {https://historysaid.com/greenland/gdp-per-capita/},
publisher = {HistorySaid},
year = {2026}
}