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Greenland gdp per capita for 2017 was $50,321, a 4.44% increase from 2016. Greenlanders still kill an estimated 170,000 seals a year[18] and 175 whales a year,[19][20] ranking them second and third in the world respectively. Govt type: parliamentary democracy within a constitutional monarchy. Similarly, it has enabled new crops like apples, strawberries,[36] broccoli, cauliflower, cabbage, and carrots[35] to be grown and for the cultivated areas of the country to be extended[37] although even now only about 1% of Greenland is considered arable. 11. The GDP per Capita in Iceland is equivalent to 406 percent of the world's average. Reindeer herding has been introduced to Greenland in waves since 1952. [18] The third major chain is the Brugsen association of cooperatives. Tight fiscal policies have ensured that inflation remains low and under control. Both whaling and sealing have become controversial, limiting the potential market for their products. Current Greenland GDP Per Capita is 39,569.11 USD. km amongst Cold countries in 2011. $38,800(2014 est.) - Lowest recorded temperature in West Europe = -66°C / … PPP is for purchasing power parity. Greenland has had the highest surface area > sq. Greenland. The value for GDP per capita (current LCU) in Greenland was 343,950 as of 2018. Greenland: 0.03: 1,530: 56,412: Carbon Dioxide (CO2) Emissions per Capita - Worldometer. GDP per capita, PPP (current international $) GDP per capita (current LCU) GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. Reindeer or caribou are found in the northwest of the island, while muskoxen are found in the northeast and at Kangerlussuaq. License: All of Our World in Data is completely open access and all work is licensed under the Creative Commons BY license. GDP per capita in 2001 was around $20,000. The information collected for the GDP Per Capita (PPP) of Greenland has been obtained from the Central Intelligence Agency. In Greenland, that number is 9.1% as of 2015. Repeated attempts to open trade were opposed on both commercial and humanitarian grounds, although minor reforms in the 1850s and 60s lowered the prices charged to the natives for "luxuries" like sugar and coffee; transferred more of the KGH's profits to local communities; and granted the important Ivigtut cryolite concession to a separate company.[12]. $727. "Countries Compared by Economy > GDP per capita. No claims are made regarding theaccuracy of GDP - per capita (PPP) information contained here. Our World in Data is free and accessible for everyone. The second-largest sector by employment is Greenland's fishing industry. GDP per capita is often considered an indicator of a country's standard of living; however, this is problematic because GDP per capita is not a measure of personal income. The Gross Domestic Product per capita in Iceland was last recorded at 51332.14 US dollars in 2019. "Employment to population ratio, 15+, total (%) (national estimate)", Main employment for permanent residents by time, industry, gender, age, place of residence, place of birth and inventory, "The Economy of Greenland is Dependent on Fishing", Change and Continuity in Denmark's Greenland Policy, Contemporary Seal Hunting Households Trade Bans and Subsidies, "Hydropower creates clean energy and jobs in Greenland", "Oil in Greenland: Black stuff in green land", "Greenland's broccoli is bad for our health", "Arctic Harvest – Global Warming a Boon for Greenland's Farmers", "Climatic changes and agriculture in Greenland: Plant diseases in potatoes and grass fields", "Trump Is Thinking of Buying a Giant Socialist Island", "Oversigt over får, lam, kvæg, heste og høns fordelt på kommuner – data fra husdyrtælling hos fåreholdere i år 2007, stk", "Success and failure of reindeer herding in Greenland", https://en.wikipedia.org/w/index.php?title=Economy_of_Greenland&oldid=1000774576, Articles with Danish-language sources (da), All articles with specifically marked weasel-worded phrases, Articles with specifically marked weasel-worded phrases from April 2012, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License. France’s GDP per capita is $42,877.56, the 19th highest in the world, and GDP (PPP) is $2.96 trillion. NOTE: The information regarding GDP - per capita (PPP) on this page is re-published from the CIA World Factbook 2017. Seven of those blocks have been bid for by a combination of multinational oil companies and NUNAOIL. machinery and transport equipment, manufactured goods, food, $650 million subsidy from the Kingdom of Denmark (2012), This page was last edited on 16 January 2021, at 17:22. [15] In the same year, Greenland exercised its new control over the Royal Greenland Trading Company to reestablish it as KNI. In alphabetical order, these municipalities are: Avannaata, Kujalleq, Qeqertalik, Qeqqata and Sermersooq. [43] In 1998, the remaining herd was sold to the Nuuk municipality and removed through hunting. [22], Ivigtut used to be the world's premier source of natural cryolite, an important mineral in aluminum extraction, but the commercially viable reserves were depleted in the 1980s. Polar bear and reindeer hunting in Greenland still occur but are regulated to avoid endangering the populations. Graph and download economic data for Constant GDP per capita for Greenland (NYGDPPCAPKDGRL) from 1970 to 2018 about Greenland, per capita, real, and GDP. [38] Expanded production is subsidized by the government through purchase guarantees by the state-owned Neqi A/S grocery store chain. [14] After World War II, reforms were finally enacted by the Danish Greenland Commission composed of Greenland Provincial Council members and Danish economists. Homicide rate (World Bank (1995 to 2016)), Homicide rates from firearms (IHME, GBD (1990 to 2017)), Imports of goods and services (constant 2010 US $), Internally displaced persons from natural disasters, Low-carbon electricity generation per capita, Mental and substance use disorders as a share of total disease burden, Mental health disorders as a share of total disease burden, New tetanus infections per 100,000 people, Number of deaths from indoor air pollution, Number of deaths from outdoor air pollution, Number of deaths from pneumonia in children under 5, Number of mobile cellular subscriptions by country, Number of people using at least basic sanitation facilities, Number of people using safely managed drinking water, Number of people using safely managed sanitation facilities, Number of people with access to at least basic drinking water, Number of people with access to electricity, Number of people with alcohol or drug use disorders, Number of people with depression by country, Number of people with mental health disorders, Number of people without access to safe drinking water, Number of people without access to safe sanitation, Official entrance age to compulsory education, Ores and metals exports (% of merchandise exports), People practicing open defecation in urban areas (% of urban population), People practicing open defection in rural areas (% of rural population), Per capita electricity generation from fossil fuels, Per capita electricity generation from gas, Per capita electricity generation from hydropower, Per capita electricity generation from nuclear, Per capita electricity generation from oil, Per capita electricity generation from renewables, Per capita electricity generation from solar, Per capita electricity generation from wind, Per capita generation of coal electricity, Percentage of individuals using the internet by country, Population (Gapminder & UN (1800 to 2019)), Proportion of tariff lines applied to imports from least developed countries with zero-tariff, Schizophrenia DALYs, age-standardized rate, Scientific and technical journal articles, Share of deaths from indoor air pollution, Share of deaths from outdoor air pollution, Share of deaths from unsafe water sources, Share of electricity from low-carbon sources, Share of electricity production from coal, Share of electricity production from fossil fuels, Share of electricity production from hydropower, Share of electricity production from renewable sources, Share of electricity production from renewables, Share of electricity production from solar, Share of final energy consumption from renewable sources, Share of food products in total merchandise exports, Share of important terrerstrial biodiversity sites that are protected, Share of land area used for arable agriculture, Share of land used for permanent meadows and pastures, Share of manufactures in total merchandise exports, Share of marine territorial waters that are protected, Share of people living in urban areas (UN (1960 to 2017)), Share of people practicing open defecation, Share of population using at least basic drinking water source, Share of population using at least basic sanitation facilities, Share of population using safely managed sanitation facilities, Share of population with Asperger Syndrome and other autistic spectrum disorders, Share of population with alcohol use disorders, Share of population with an alcohol use disorder, Share of population with an eating disorder, Share of population with anxiety disorders, Share of population with attention deficit/hyperactivity disorder (ADHD), Share of population with bipolar disorder, Share of population with developmental intellectual disability, Share of population with drug use disorders, Share of population with mental health and substance use disorders, Share of population with mental health or development disorder, Share of the population exposed to air pollution levels above WHO guidelines, Share of the population living in urban areas, Share of the population using safely managed drinking water, Share of the population using the Internet, Share of the population with alcohol or drug use disorders, Share of the population with alcohol use disorders, Share of the population with down syndrome, Share of urban population with improved sanitation faciltities, Share of urban population with improved water sources, Share of women with raised blood pressure, TB patients living with HIV receiving antiretroviral therapy, The disease burden from alcohol use disorders, Trade – exports plus imports – as share of GDP, Tuberculosis incidence (per 100,000 people), Tuberculosis incidence per 100,000 people, Unsentenced detainees as a proportion of overall prison population, Urbanization over the past 500 years (Historical sources & UN (1500 to 2016)). 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