The Gross Domestic Product (GDP) in Greenland was worth 2.71 billion US dollars in 2016. The GDP value of Greenland represents less than 0.01 percent of the world economy. GDP in Greenland averaged 1.17 USD Billion from 1970 until 2016, reaching an all time high of 2.84 USD Billion in 2014 and a record low of 0.07 USD Billion in 1970.
GDP in Greenland is expected to be 3.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greenland GDP is projected to trend around 3.60 USD Billion in 2020, according to our econometric models.