Mineral rents (% of GDP) in Greenland
Greenland: Mineral rents (% of GDP) was 0.0% in 2020. ◆ Volatile
Latest (2020)
0.0%
World rank
95th
of 214 countries
All-time high
46.9%
in 1974
All-time low
0.0%
in 1970
Years of data
51
1970–2020
Mineral rents in Greenland, 1970–2020
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for mineral rents in Greenland is 0.0%, measured in 2020. That is the lowest value across all 51 years on record.
Over the whole period, mineral rents in Greenland peaked at 46.9% in 1974 and was at its lowest, 0.0%, in 1970.
Greenland ranks 95th of 214 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents (% of GDP) in Greenland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 9.6% | — |
| 1974 | 46.9% | +390.0% |
| 1975 | 10.1% | -78.5% |
| 1976 | 7.3% | -27.2% |
| 1977 | 3.1% | -57.6% |
| 1978 | 2.5% | -19.3% |
| 1979 | 6.0% | +140.1% |
| 1980 | 3.5% | -42.0% |
| 1981 | 1.8% | -48.8% |
| 1982 | 2.2% | +25.0% |
| 1983 | 0.9% | -57.6% |
| 1984 | 4.5% | +379.9% |
| 1985 | 2.7% | -40.8% |
| 1986 | 0.0% | -100.0% |
| 1987 | 0.2% | — |
| 1988 | 22.4% | +13677.8% |
| 1989 | 24.5% | +9.6% |
| 1990 | 7.2% | -70.4% |
| 1991 | 0.6% | -91.2% |
| 1992 | 1.2% | +82.8% |
| 1993 | 0.6% | -46.6% |
| 1994 | 0.6% | -2.7% |
| 1995 | 0.5% | -20.9% |
| 1996 | 0.3% | -33.6% |
| 1997 | 0.9% | +170.7% |
| 1998 | 0.0% | -100.0% |
| 1999 | 0.0% | — |
| 2000 | 0.0% | — |
| 2001 | 0.0% | — |
| 2002 | 0.0% | — |
| 2003 | 0.0% | — |
| 2004 | 0.2% | — |
| 2005 | 0.3% | +49.1% |
| 2006 | 0.8% | +141.3% |
| 2007 | 0.7% | -16.9% |
| 2008 | 0.8% | +25.7% |
| 2009 | 0.0% | -100.0% |
| 2010 | 0.0% | — |
| 2011 | 0.1% | — |
| 2012 | 0.4% | +208.8% |
| 2013 | 0.0% | -94.6% |
| 2014 | 0.0% | -100.0% |
| 2015 | 0.0% | — |
| 2016 | 0.0% | — |
| 2017 | 0.0% | — |
| 2018 | 0.0% | — |
| 2019 | 0.0% | — |
| 2020 | 0.0% | — |
Biggest year-on-year movements
Years where Mineral rents (% of GDP) in Greenland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +13677.8% | 0.2% | 22.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.5% | 0.0% | 46.9% | 10 |
| 1980s | 6.3% | 0.0% | 24.5% | 10 |
| 1990s | 1.2% | 0.0% | 7.2% | 10 |
| 2000s | 0.3% | 0.0% | 0.8% | 10 |
| 2010s | 0.0% | 0.0% | 0.4% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 1 |
Countries ranked near Greenland
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- 95 Maldives 0.0%
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- 95 Marshall Islands 0.0%
- 95 Mauritius 0.0%
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- 95 San Marino 0.0%
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- 95 Seychelles 0.0%
- 95 Singapore 0.0%
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- 95 Somalia 0.0%
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- 95 Saint Lucia 0.0%
- 95 Saint Vincent and the Grenadines 0.0%
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More energy & mining data for Greenland
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2023)
- Primary energy use, annual growth rate 0.2748 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2023)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2023)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2023)
- Fuel imports 16.4% (2018)
Frequently asked questions
- What is mineral rents in Greenland?
- Mineral rents in Greenland was 0.0% in 2020, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Greenland?
- The highest recorded value was 46.9% in 1974.
- What is the lowest mineral rents recorded in Greenland?
- The lowest recorded value was 0.0% in 1970.
- How does Greenland rank for mineral rents?
- Greenland ranks 95th out of 214 countries with data for 2020.
- Where does this Greenland data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Mineral rents (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.