Greenland GDP PPP
GDP converted to international dollars using PPP rates NY.GDP.MKTP.PP.CD
Greenland's gdp ppp was $4.5B in 2023, ranked 23rd globally. This represents a 4.5% increase from 2022. Data from World Bank, covering 1990–2023.
Overview
Greenland's gdp ppp stood at $4.5B in 2023, a rise of +$192.9M from 2022. Greenland ranked 23rd globally.
Greenland’s GDP measured in purchasing power parity terms has risen from 1,138,268,535.10 in 1990 to 4,483,270,596.15 in 2023, placing the territory at rank 23 globally and matching its all‑time peak in the most recent year. The lowest point occurred in 1993 when output fell to 1,109,083,671.90, after which a steady expansion of the fishing, tourism and emerging renewable‑energy sectors lifted the economy by nearly fourfold over the 34‑year span. This performance is comparable to other small, high‑latitude economies; for example, the Faroe Islands recorded a PPP‑adjusted GDP of 4,336,519,909.69, while St. Lucia reached 4,656,839,898.51, underscoring a similar scale of economic activity among dispersed island jurisdictions. The upward trajectory is likely to persist if Greenland continues to develop its mineral resources and expands green‑energy exports, although any abrupt shifts in global commodity prices or climate‑related constraints could alter the path.
Data & projection
| Year | GDP PPP | YoY change | Rank |
|---|---|---|---|
| 2023 | $4.5B | +$192.9M | #23 |
| 2022 | $4.3B | +$364.2M | #23 |
| 2021 | $3.9B | +$262.3M | #26 |
| 2020 | $3.7B | +$50.6M | #27 |
| 2019 | $3.6B | +$150.6M | #24 |
| 2018 | $3.5B | +$91.7M | #24 |
| 2017 | $3.4B | +$61.0M | #24 |
| 2016 | $3.3B | +$177.8M | #24 |
| 2015 | $3.1B | −$51.7M | #25 |
| 2014 | $3.2B | +$196.2M | #25 |
| 2013 | $3.0B | +$11.4M | #26 |
| 2012 | $3.0B | +$94.6M | #26 |
| 2011 | $2.9B | +$44.2M | #26 |
| 2010 | $2.8B | +$81.9M | #26 |
| 2009 | $2.8B | +$40.4M | #27 |
Analysis
Greenland's gdp ppp was $4.5B in 2023, a rise of +$192.9M from 2022.
Frequently Asked Questions
Greenland's gdp ppp was $4.5B in 2023. Ranked 23rd globally. This represents a 4.5% increase from the previous year.
Greenland's gdp ppp peaked at $4.5B in 2023.
The lowest gdp ppp in Greenland was $1.1B in 1993.
Greenland ranks 23rd globally in gdp ppp as of 2023.
The World Bank indicator code is NY.GDP.MKTP.PP.CD. Data sourced from World Bank.
Greenland's gdp ppp was approximately 4.48 billion ($4.5B) in 2023.
The gdp ppp of Greenland in 2023 was $4.5B. This ranks 23rd in the world.
Cite this page
@misc{historysaid_greenland_gdp-ppp,
title = {Greenland GDP PPP},
url = {https://historysaid.com/greenland/gdp-ppp/},
publisher = {HistorySaid},
year = {2026}
}