Greenland - GDP
GDP (current US$)
The latest value for GDP (current US$) in Greenland was $2,982,247,000 as of 2019. Over the past 49 years, the value for this indicator has fluctuated between $3,040,414,000 in 2018 and $69,520,020 in 1970.
Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | $69,520,020 |
| 1971 | $88,570,950 |
| 1972 | $106,101,200 |
| 1973 | $140,153,700 |
| 1974 | $169,918,900 |
| 1975 | $211,194,300 |
| 1976 | $240,780,400 |
| 1977 | $282,269,400 |
| 1978 | $355,989,100 |
| 1979 | $420,642,500 |
| 1980 | $476,055,300 |
| 1981 | $435,747,000 |
| 1982 | $402,405,100 |
| 1983 | $416,183,700 |
| 1984 | $379,371,600 |
| 1985 | $412,876,100 |
| 1986 | $603,015,700 |
| 1987 | $787,392,400 |
| 1988 | $898,611,000 |
| 1989 | $929,796,700 |
| 1990 | $1,018,970,000 |
| 1991 | $1,016,493,000 |
| 1992 | $1,037,922,000 |
| 1993 | $927,219,700 |
| 1994 | $1,005,880,000 |
| 1995 | $1,208,946,000 |
| 1996 | $1,197,510,000 |
| 1997 | $1,072,148,000 |
| 1998 | $1,149,863,000 |
| 1999 | $1,131,562,000 |
| 2000 | $1,068,031,000 |
| 2001 | $1,086,173,000 |
| 2002 | $1,169,139,000 |
| 2003 | $1,558,753,000 |
| 2004 | $1,822,487,000 |
| 2005 | $1,849,806,000 |
| 2006 | $2,013,100,000 |
| 2007 | $2,249,812,000 |
| 2008 | $2,499,108,000 |
| 2009 | $2,529,948,000 |
| 2010 | $2,503,156,000 |
| 2011 | $2,684,467,000 |
| 2012 | $2,609,668,000 |
| 2013 | $2,684,953,000 |
| 2014 | $2,842,049,000 |
| 2015 | $2,499,116,000 |
| 2016 | $2,707,147,000 |
| 2017 | $2,851,611,000 |
| 2018 | $3,040,414,000 |
| 2019 | $2,982,247,000 |
GDP (current LCU)
The value for GDP (current LCU) in Greenland was 19,889,800,000 as of 2019. As the graph below shows, over the past 49 years this indicator reached a maximum value of 19,889,800,000 in 2019 and a minimum value of 521,400,200 in 1970.
Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1970 | 521,400,200 |
| 1971 | 656,983,900 |
| 1972 | 737,328,900 |
| 1973 | 847,860,100 |
| 1974 | 1,035,639,000 |
| 1975 | 1,213,544,000 |
| 1976 | 1,455,518,000 |
| 1977 | 1,694,520,000 |
| 1978 | 1,963,137,000 |
| 1979 | 2,213,000,000 |
| 1980 | 2,683,000,000 |
| 1981 | 3,104,000,000 |
| 1982 | 3,353,000,000 |
| 1983 | 3,806,000,000 |
| 1984 | 3,929,000,000 |
| 1985 | 4,375,000,000 |
| 1986 | 4,879,000,000 |
| 1987 | 5,386,000,000 |
| 1988 | 6,049,000,000 |
| 1989 | 6,797,000,000 |
| 1990 | 6,306,000,000 |
| 1991 | 6,502,000,000 |
| 1992 | 6,265,000,000 |
| 1993 | 6,012,000,000 |
| 1994 | 6,398,000,000 |
| 1995 | 6,773,000,000 |
| 1996 | 6,944,000,000 |
| 1997 | 7,081,000,000 |
| 1998 | 7,705,000,000 |
| 1999 | 7,894,000,000 |
| 2000 | 8,633,000,000 |
| 2001 | 9,040,000,000 |
| 2002 | 9,230,000,000 |
| 2003 | 10,268,600,000 |
| 2004 | 10,918,700,000 |
| 2005 | 11,093,100,000 |
| 2006 | 11,971,500,000 |
| 2007 | 12,247,300,000 |
| 2008 | 12,740,700,000 |
| 2009 | 13,562,800,000 |
| 2010 | 14,078,000,000 |
| 2011 | 14,412,100,000 |
| 2012 | 15,116,500,000 |
| 2013 | 15,079,500,000 |
| 2014 | 15,951,000,000 |
| 2015 | 16,813,800,000 |
| 2016 | 18,223,700,000 |
| 2017 | 18,828,900,000 |
| 2018 | 19,199,000,000 |
| 2019 | 19,889,800,000 |
GDP at market prices: linked series (current LCU)
The latest value for GDP at market prices: linked series (current LCU) in Greenland was 19,889,800,000 as of 2019. Over the past 29 years, the value for this indicator has fluctuated between 19,889,800,000 in 2019 and 6,012,000,000 in 1993.
Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.
Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.
| Year | Value |
|---|---|
| 1990 | 6,306,000,000 |
| 1991 | 6,502,000,000 |
| 1992 | 6,265,000,000 |
| 1993 | 6,012,000,000 |
| 1994 | 6,398,000,000 |
| 1995 | 6,773,000,000 |
| 1996 | 6,944,000,000 |
| 1997 | 7,081,000,000 |
| 1998 | 7,705,000,000 |
| 1999 | 7,894,000,000 |
| 2000 | 8,633,000,000 |
| 2001 | 9,040,000,000 |
| 2002 | 9,230,000,000 |
| 2003 | 10,268,600,000 |
| 2004 | 10,918,700,000 |
| 2005 | 11,093,100,000 |
| 2006 | 11,971,500,000 |
| 2007 | 12,247,300,000 |
| 2008 | 12,740,700,000 |
| 2009 | 13,562,800,000 |
| 2010 | 14,078,000,000 |
| 2011 | 14,412,100,000 |
| 2012 | 15,116,500,000 |
| 2013 | 15,079,500,000 |
| 2014 | 15,951,000,000 |
| 2015 | 16,813,800,000 |
| 2016 | 18,223,700,000 |
| 2017 | 18,828,900,000 |
| 2018 | 19,199,000,000 |
| 2019 | 19,889,800,000 |
GDP (constant 2010 US$)
The latest value for GDP (constant 2010 US$) in Greenland was 2,710,571,000 as of 2019. Over the past 49 years, the value for this indicator has fluctuated between 2,710,571,000 in 2019 and 713,409,400 in 1970.
Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | 713,409,400 |
| 1971 | 806,586,800 |
| 1972 | 856,411,800 |
| 1973 | 914,699,300 |
| 1974 | 966,894,300 |
| 1975 | 973,142,800 |
| 1976 | 1,031,134,000 |
| 1977 | 1,122,104,000 |
| 1978 | 1,189,618,000 |
| 1979 | 1,247,441,000 |
| 1980 | 1,355,669,000 |
| 1981 | 1,364,688,000 |
| 1982 | 1,304,373,000 |
| 1983 | 1,349,468,000 |
| 1984 | 1,279,571,000 |
| 1985 | 1,326,357,000 |
| 1986 | 1,420,493,000 |
| 1987 | 1,498,845,000 |
| 1988 | 1,582,835,000 |
| 1989 | 1,688,244,000 |
| 1990 | 1,490,390,000 |
| 1991 | 1,488,699,000 |
| 1992 | 1,412,601,000 |
| 1993 | 1,341,577,000 |
| 1994 | 1,421,057,000 |
| 1995 | 1,474,043,000 |
| 1996 | 1,496,591,000 |
| 1997 | 1,518,574,000 |
| 1998 | 1,636,385,000 |
| 1999 | 1,658,933,000 |
| 2000 | 1,776,743,000 |
| 2001 | 1,799,291,000 |
| 2002 | 1,781,817,000 |
| 2003 | 1,860,752,000 |
| 2004 | 1,989,266,000 |
| 2005 | 2,088,481,000 |
| 2006 | 2,204,510,000 |
| 2007 | 2,256,370,000 |
| 2008 | 2,395,501,000 |
| 2009 | 2,416,245,000 |
| 2010 | 2,458,186,000 |
| 2011 | 2,445,981,000 |
| 2012 | 2,480,083,000 |
| 2013 | 2,447,885,000 |
| 2014 | 2,563,966,000 |
| 2015 | 2,499,116,000 |
| 2016 | 2,616,123,000 |
| 2017 | 2,617,502,000 |
| 2018 | 2,665,818,000 |
| 2019 | 2,710,571,000 |
GDP (constant LCU)
The value for GDP (constant LCU) in Greenland was 15,523,400,000 as of 2019. As the graph below shows, over the past 49 years this indicator reached a maximum value of 15,523,400,000 in 2019 and a minimum value of 4,085,686,000 in 1970.
Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1970 | 4,085,686,000 |
| 1971 | 4,619,311,000 |
| 1972 | 4,904,658,000 |
| 1973 | 5,238,470,000 |
| 1974 | 5,537,390,000 |
| 1975 | 5,573,175,000 |
| 1976 | 5,905,292,000 |
| 1977 | 6,426,276,000 |
| 1978 | 6,812,926,000 |
| 1979 | 7,144,076,000 |
| 1980 | 7,763,896,000 |
| 1981 | 7,815,547,000 |
| 1982 | 7,470,127,000 |
| 1983 | 7,728,386,000 |
| 1984 | 7,328,084,000 |
| 1985 | 7,596,028,000 |
| 1986 | 8,135,142,000 |
| 1987 | 8,583,866,000 |
| 1988 | 9,064,873,000 |
| 1989 | 9,668,553,000 |
| 1990 | 8,535,443,000 |
| 1991 | 8,525,758,000 |
| 1992 | 8,089,947,000 |
| 1993 | 7,683,190,000 |
| 1994 | 8,138,371,000 |
| 1995 | 8,441,824,000 |
| 1996 | 8,570,954,000 |
| 1997 | 8,696,855,000 |
| 1998 | 9,371,555,000 |
| 1999 | 9,500,684,000 |
| 2000 | 10,175,380,000 |
| 2001 | 10,304,510,000 |
| 2002 | 10,204,440,000 |
| 2003 | 10,656,500,000 |
| 2004 | 11,392,500,000 |
| 2005 | 11,960,700,000 |
| 2006 | 12,625,200,000 |
| 2007 | 12,922,200,000 |
| 2008 | 13,719,000,000 |
| 2009 | 13,837,800,000 |
| 2010 | 14,078,000,000 |
| 2011 | 14,008,100,000 |
| 2012 | 14,203,400,000 |
| 2013 | 14,019,000,000 |
| 2014 | 14,683,800,000 |
| 2015 | 14,312,400,000 |
| 2016 | 14,982,500,000 |
| 2017 | 14,990,400,000 |
| 2018 | 15,267,100,000 |
| 2019 | 15,523,400,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
