Macro Index Overview / Europe & Central Asia / GRL
Greenland ยท Year 2023
Country:
Year:
Sovereign Economic Dossier ISO: GRL GL

Greenland

Greenland sovereign panel observation with harmonized output, inflation, and external resilience records from 1960 through 2025.

Europe & Central Asia High income Blocs: Other Nuuk

Global Rank (2023)

#86 / 205

Top 42% of global economies

Composite Score (2023)

61.0 / 100

Living Standard (2023)

$49,930

Subscore: 86.3 / 100

CPI Inflation (2023)

โ€”

Stability Score: 50 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15
Living Standards (35%) 86.3

Raw: $49,930 (2015 USD)

Price Stability (25%) 50

Raw: โ€” (Anchor: 3.0%)

External Solvency (25%) 50

Raw: โ€”

Economic Scale (15%) 38.94

Raw: $3.3B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

Productivity & Living Standards Driven

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Greenland's global competitive ranking by accentuating its comparative strengths.

Peak Rank #22 / 205
Default Rank #86
+64 Ranks
Living Standards 100%
Baseline: 35%
Price Stability 0%
Baseline: 25%
External Solvency 0%
Baseline: 25%
Economic Scale 0%
Baseline: 15%

Policy Insight & Strategic Advantage: Greenland dominates on per capita productivity and high output density per citizen.

Under this bespoke weighting, Greenland's composite score climbs to 86.3 (compared to 61 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960โ€“2025)

Tracking Greenland's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:
Greenland (GRL)
India (IND)
China (CHN)
United States (USA)
Germany (DEU)
Observation Year 2023 โ€ข Global Rank: #86 / 205 โ€ข Composite Score: 61.0 / 100 โ€ข Living Standard: $49,930 โ€ข Inflation: โ€”
#1#50#100#150#20019601970198019902000201020202025#86
Hover or click any node along the curve to inspect that historical year in real time
Primary: Greenland Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared ยท Ordered by Global Rank
CountryRank (2023)Composite ScoreGDP per CapitaCPI InflationCurrent Account (% GDP)Nominal GDP ($)
Germany (DEU) #1681.1$44,3695.95%5.50%$4562.2B
United States (USA) #1780.0$65,6674.12%-3.34%$27811.5B
China (CHN) #3772.3$12,4840.23%1.41%$18270.4B
Greenland (GRL) Active#8661.0$49,930โ€”โ€”$3.3B
India (IND) #9359.5$2,2305.65%-0.91%$3500.9B

Decade-by-Decade Historical Milestones (1970โ€“2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Greenland

Metric:
Selected Era: 2023 ยท Click any node to select
100755025050.719701970s55.719801980s56.419901990s57.420002000s60.020102010s60.820202020s61.02023Recent