World Factbook

Greenland

Last updated: 2026-03-28 (today)

Budget

revenues

$1.719 billion (2016 est.)

expenditures

$1.594 billion (2016 est.)

Exports

note

note: GDP expenditure basis - exports of goods and services in current dollars

Exports 2021

$1.122 billion (2021 est.)

Exports 2022

$1.286 billion (2022 est.)

Exports 2023

$1.357 billion (2023 est.)

Imports

note

note: GDP expenditure basis - imports of goods and services in current dollars

Imports 2021

$1.635 billion (2021 est.)

Imports 2022

$1.657 billion (2022 est.)

Imports 2023

$1.7 billion (2023 est.)

Industries

fish processing (mainly shrimp and Greenland halibut), anorthosite and ruby mining, handicrafts, hides and skins, small shipyards

Exchange rates

Currency

Danish kroner (DKK) per US dollar -

Exchange rates 2020

6.542 (2020 est.)

Exchange rates 2021

6.287 (2021 est.)

Exchange rates 2022

7.076 (2022 est.)

Exchange rates 2023

6.89 (2023 est.)

Exchange rates 2024

6.894 (2024 est.)

Economic overview

high-income, self-governing Danish territorial economy; non-EU member but preferential market access; dependent on Danish financial support; exports led by fishing industry; growing tourism and interest in untapped mineral deposits; relies on hydropower for fuel

Exports - partners

Denmark 50%, China 23%, UK 5%, Japan 5%, Germany 3% (2023)

note: top five export partners based on percentage share of exports

Imports - partners

Denmark 58%, Sweden 19%, Spain 8%, Iceland 7%, Canada 2% (2023)

note: top five import partners based on percentage share of imports

Real GDP per capita

note

note: data in 2021 dollars

Real GDP per capita 2021

$69,300 (2021 est.)

Real GDP per capita 2022

$70,700 (2022 est.)

Real GDP per capita 2023

$71,000 (2023 est.)

Real GDP growth rate

note

note: annual GDP % growth based on constant local currency

Real GDP growth rate 2021

1.6% (2021 est.)

Real GDP growth rate 2022

2% (2022 est.)

Real GDP growth rate 2023

0.9% (2023 est.)

Agricultural products

sheep, cattle, reindeer, fish, shellfish

Exports - commodities

fish, shellfish, processed crustaceans, ships, precious stones (2023)

note: top five export commodities based on value in dollars

Imports - commodities

refined petroleum, ships, garments, plastic products, furniture (2023)

note: top five import commodities based on value in dollars

GDP (official exchange rate)

$3.327 billion (2023 est.)

note: data in current dollars at official exchange rate

GDP - composition, by end use

note

note: figures may not total 100% due to rounding or gaps in data collection

household consumption

32.6% (2023 est.)

government consumption

41.7% (2023 est.)

investment in inventories

1.3% (2023 est.)

investment in fixed capital

34.7% (2023 est.)

exports of goods and services

40.8% (2023 est.)

imports of goods and services

-51.1% (2023 est.)

Inflation rate (consumer prices)

note

note: annual % change based on consumer prices

Inflation rate (consumer prices) 2020

2.1% (2020 est.)

Inflation rate (consumer prices) 2021

0% (2021 est.)

Inflation rate (consumer prices) 2022

1.2% (2022 est.)

Industrial production growth rate

-1.3% (2023 est.)

note: annual % change in industrial value added based on constant local currency

Real GDP (purchasing power parity)

note

note: data in 2021 dollars

Real GDP (purchasing power parity) 2021

$3.926 billion (2021 est.)

Real GDP (purchasing power parity) 2022

$4.005 billion (2022 est.)

Real GDP (purchasing power parity) 2023

$4.04 billion (2023 est.)

GDP - composition, by sector of origin

note

note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

industry

18.4% (2023 est.)

services

61% (2023 est.)

agriculture

16.6% (2023 est.)