Total natural resource rents in Greenland

Greenland: Total natural resource rents was 0.0% in 2020. ◆ Volatile

Latest (2020)
0.0%
World rank
189th
of 211 countries
All-time high
46.9%
in 1974
All-time low
0.0%
in 1970
Years of data
51
1970–2020

Total natural resource rents in Greenland, 1970–2020

01020304050197019952020

Source: The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

In 2020, total natural resource rents in Greenland stood at 0.0%. That is the lowest value across all 51 years on record.

Over the whole period, total natural resource rents in Greenland peaked at 46.9% in 1974 and was at its lowest, 0.0%, in 1970.

That places Greenland 189th out of 211 countries with data for 2020, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Total natural resource rents in Greenland, year by year

Annual values for Total natural resource rents in Greenland, 1970 to 2020.
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 4.9% -19.1%
1981 2.1% -56.4%
1982 2.2% +5.3%
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%

Greenland compared with similar countries

  • Greenland's 0.0% is below the median for high income countries, which is 0.1%. (82 countries reporting)
  • Greenland's 0.0% is below the median for Europe & Central Asia, which is 0.4%. (55 countries reporting)

Biggest year-on-year movements

Years where Total natural resource rents 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.

YearChange FromTo
1988 +13677.8% 0.2% 22.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.5% 0.0% 46.9% 10
1980s 6.4% 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

  1. 186 Macao 0.0% compare
  2. 187 Singapore 0.0% compare
  3. 188 Iceland 0.0% compare
  4. 189 American Samoa 0.0%
  5. 189 Andorra 0.0%
  6. 189 Antigua and Barbuda 0.0%
  7. 189 Bermuda 0.0%
  8. 189 Cayman Islands 0.0%
  9. 189 Curacao 0.0%
  10. 189 Faroe Islands 0.0%
  11. 189 Grenada 0.0%
  12. 189 Guam 0.0%
  13. 189 Isle of Man 0.0%
  14. 189 Malta 0.0% compare
  15. 189 Marshall Islands 0.0%
  16. 189 Monaco 0.0%
  17. 189 Nauru 0.0%
  18. 189 Northern Mariana Islands 0.0%
  19. 189 Palau 0.0%
  20. 189 Palestine 0.0%
  21. 189 Puerto Rico 0.0%
  22. 189 Saint Kitts and Nevis 0.0%
  23. 189 San Marino 0.0%
  24. 189 Sint Maarten (Dutch part) 0.0%
  25. 189 Tuvalu 0.0%

See the full ranking of 211 places →

More reference data data for Greenland

All data for Greenland →

Frequently asked questions

What is total natural resource rents in Greenland?
Total natural resource rents in Greenland was 0.0% in 2020, according to The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest total natural resource rents recorded in Greenland?
The highest recorded value was 46.9% in 1974.
What is the lowest total natural resource rents recorded in Greenland?
The lowest recorded value was 0.0% in 1970.
How does Greenland rank for total natural resource rents?
Greenland ranks 189th out of 211 countries with data for 2020.
Where does this Greenland data come from?
The figures come from The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as part of Total natural resource rents. Statizoid updates them automatically from the source API.

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Total natural resource rents in Greenland. Statizoid, drawing on The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/natural-resource-rents/greenland/

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About this data

Indicator
Total natural resource rents
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 9,209 data points, 1970–2021
Last refreshed

Natural resources rents are estimated as the difference between the price of a commodity and the average cost of producing it. Total natural resources rents are the sum of oil rents, natural gas rents, coal rents, mineral rents, and forest rents.