Greenland ranked first for sex ratio > 15-64 years amongst Cold countries in 2012. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP - per capita: $41,800 (2015 est.) GDP per capita in Denmark averaged 44395.84 USD from 1960 until 2019, reaching an all time high of 65147.40 USD in 2019 and a record low of 20537.50 USD in 1960. Greenland gni per capita for 2005 was $30,920, a 20.17% increase from 2004. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. License: All of Our World in Data is completely open access and all work is licensed under the Creative Commons BY license. At present, local production accounts for 10% of potatoes consumption in Greenland, but that is projected to grow to 15% by 2020. [18] The third major chain is the Brugsen association of cooperatives. Sources. Access is almost exclusively by air, mainly from Scandinavia and Iceland. Because of rising oil prices, there is a program to build hydro power plants. Polar bear and reindeer hunting in Greenland still occur but are regulated to avoid endangering the populations. GNP per capita, 2005 : 20702 dollars: Greenland - Miscellaneous information. The GDP per Capita in Denmark is equivalent to 516 percent of the world's average. The Gross Domestic Product per capita in Denmark was last recorded at 65147.40 US dollars in 2019. No claims are made regarding the accuracy of Greenland Economy 2020 information contained here. The gross domestic product (GDP) of Greenland increased from 2011 to 2018. According to 2005 estimates, inflation in Greenland was around 1 percent. Following the closure of the Maarmorilik lead and zinc mine in 1990 and the collapse of the cod fisheries amid colder ocean currents, Greenland faced foreign trade deficits and a shrinking economy, but it has been growing since 1993.[16]. Over the next few decades, divisions of the conglomerate were slowly spun off and competition within the Greenlandic economy somewhat increased. United States has a GDP per capita of $59,800 as of 2017, while in Greenland, the GDP per capita is $41,800 as of 2015. be 2.1 times more likely to be unemployed. Current Greenland GDP Per Capita is 39,569.11 USD. United States has a GDP per capita of $59,800 as of 2017, while in Greenland, the GDP per capita is $41,800 as of 2015. be 2.1 times more likely to be unemployed. Graph and download economic data for Constant GDP per capita for Greenland (NYGDPPCAPKDGRL) from 1970 to 2018 about Greenland, per capita, real, and GDP. DataBank. The Gross Domestic Product per capita in Iceland was last recorded at 51332.14 US dollars in 2019. km amongst Cold countries in 2011. 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. Value & Rank The GDP - Purchasing Power Parity of Greenland is 2.13 ( billions of $) with a global rank of 188. Some 20,000 lambs are slaughtered annually in Narsaq by the state-owned Neqi A/S. Greenland (GRL) , GDP per capita, PPP (constant 2011 international $) indicators data for years 2004 to 2008 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. Because the muskoxen's natural range favors the protected Northeast Greenland National Park, it is a less common object of hunting than in the past. 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