Average Salary in Greenland 2024

Discover the salary landscape in Greenland with insights into pay scales, the prevailing wage gap, annual salary increments, and a breakdown based on educational attainment and years of experience. Uncover valuable information on the earning potential in this unique region, empowering individuals to make informed decisions about their career paths. Stay updated on the latest salary trends and gain a holistic understanding of the financial aspects in Greenland.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in Greenland in 2024?

What is the average salary in Greenland in 2024?
5,000USD
(USD 59,300 yearly)
Low 2,300 USD
Average 5,000 USD
High 21,800 USD
The average salary in Greenland is typically USD 5,000 per month. However, salaries can range from USD 2,300 (lowest average) to USD 21,800 (highest average, actual maximum salary is higher). This is the average salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
In comparison with average salary in Greenland in 2023, salaries changed by +1.0% so far. Looking ahead, economists project a gradual recovery in the job market. The full comparison between 2023 and 2024 will be available by the year's end.

Pay Scale and Salaries in Greenland

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 21,800, 75% of the people earn USD 6,900 or less. 50% employees earn less USD 4,800 or less, 25% of the employees earn less than USD 3,600.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 21,800, 75% of the people earn USD 6,900 or less. 50% employees earn less USD 4,800 or less, 25% of the employees earn less than USD 3,600.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Greenland the minimum salary is USD 2,300.

Median Salary

Median Salary represents the middle point of all salaries in a dataset, with half of the values above and half below it. It provides a more balanced view of income distribution, making it less sensitive to extreme values, and is commonly used to gauge average earnings in various professions and industries. In Greenland the median salary is USD 3,900.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Greenland the salary ranges from USD 2,300 to USD 21,800.

Annual Salary Increments in Greenland

What is the average annual salary increment in the Greenland? How frequently do employees receive salary raises?

In 2024, employees based in Greenland witnessed an average salary increase of 1.0%. It's crucial to emphasize that this is an aggregate figure encompassing all job sectors. The worldwide average for 2024 is 1.0%.Download chartGet chart linkShare on FacebookShare on Twitter
Employees in Greenland experienced an average salary increase of 1.0% during 2024. This average is calculated across different job sectors. Globally, the average salary increase for 2024 is 1.0%.

Historical Graph of Annual Salary Increments in Greenland

In the past years, employees in Greenland have seen their salaries rise by an average of 4.2% per year. The increment ranges from 1.0% to 6.4% per year on average.Download chartGet chart linkShare on FacebookShare on Twitter
Within the past years, employees in Greenland have seen their salaries increase by an average of 4.2% per year. This encompasses a range of 1.0% to 6.4% increment per year.

Salary Forecast and Trends for the Future in Greenland

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 4.7%. Estimated range is between 2.6% and 7.2%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 4.7%. Estimated range is between 2.6% and 7.2%.

Gender Wage Gap in Greenland

What is the difference in pay between mens and womens? Men vs. women salary comparison.

The gender pay gap in Greenland is currently 8.0%.Download chartGet chart linkShare on FacebookShare on Twitter
The actual wage gap in Greenland reaches 8.0%.
It's due to many factors, such as:
  • Gender bias.
  • On average, women have 10% longer paid vacations than men each year.
  • A college degree is more frequently attained by men than women.
  • Taking up caregiving responsibilities for children and elderly relatives is more common among women than among men.
  • Women are more likely than men to work part-time, and part-time workers typically earn less than full-time workers.
  • Occupations with lower pay are predominantly filled by women rather than men.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

Completing high school and obtaining a bachelor's degree brings a multitude of benefits. Firstly, it significantly enhances one's career prospects, leading to higher earning potential and access to a broader range of job opportunities. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

Completing high school and obtaining a bachelor's degree brings a multitude of benefits. Firstly, it significantly enhances one's career prospects, leading to higher earning potential and access to a broader range of job opportunities. Beyond financial rewards, pursuing a bachelor's degree fosters personal growth, critical thinking skills, and the chance to specialize in a particular field of interest. It also facilitates valuable networking opportunities and the development of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a transformative path that opens doors to a more fulfilling and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. showcases extraordinary dedication to expanding the frontiers of knowledge and achieving a fulfilling and influential career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 13%-17% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of roughly 12%-16%. Expertise and leadership earn higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 18%-22% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 13%-17% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of approximately 12%-16%. Expertise and leadership yield higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 18%-22% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Greenland

What is the average hourly wage in the Greenland?

Average Hourly Wage
29USD
Low 13 USD
Average 29 USD
High 128 USD

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: The irregular or fluctuating income from hourly wages can make it challenging to budget and plan for expenses.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks normally attributed to full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can disturb work-life balance and make it hard to maintain consistent routines.
  • Uncertain job security: Compared to salaried positions, job insecurity can be heightened in hourly positions due to their vulnerability to layoffs, downsizing, or changes in demand.
  • Limited career advancement: There are instances where hourly employment offers restricted opportunities for career growth, professional development, or upward mobility within the organization.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in Greenland

What are the best paying jobs in Greenland?

List with best paid jobs in GreenlandDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs Greenland?

  1. Surgeon (USD 21,600)
  2. Doctor (USD 19,500)
  3. Chief Executive Officer (CEO) (USD 18,600)
  4. Registered Nurse Anesthetist (USD 18,100)
  5. Dentist (USD 17,300)
  6. Airline Pilot (USD 16,800)
  7. Intellectual Property Lawyer (USD 16,200)
  8. Marketing Manager (USD 14,300)
  9. Marketing Director (USD 14,300)
  10. Sales Director (USD 13,500)
  11. Sales Manager (USD 13,500)
  12. Petroleum Engineer (USD 13,300)
  13. Brand Manager (USD 13,000)
  14. Marketer (USD 13,000)
  15. Judge (USD 12,800)
  16. Treasurer (USD 12,600)
  17. Controller (USD 12,600)
  18. Pharmacist (USD 12,300)
  19. Tax Lawyer (USD 12,200)
  20. Lawyer (USD 12,200)
List with worst paid jobs in GreenlandDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Greenland?

  1. Cashier (USD 2,400)
  2. Childcare Worker (USD 2,500)
  3. Stock clerk (USD 2,500)
  4. Elder Care Worker (USD 2,500)
  5. Receptionist (USD 2,600)
  6. Bartender (USD 2,900)
  7. Food and beverage server (USD 2,900)
  8. Janitor (USD 2,900)
  9. Waiter (USD 2,900)
  10. Tour Guide (USD 3,000)
  11. Customer Service Representative (USD 3,500)
  12. Hotel Concierge (USD 3,600)
  13. Rehabilitation Counselor (USD 3,600)
  14. Travel Agent (USD 3,900)
  15. Secretary (USD 4,100)
  16. Painter (USD 4,200)
  17. Carpenter (USD 4,300)
  18. Bus Driver (USD 4,400)
  19. Artist (USD 4,500)
  20. Truck Driver (USD 4,600)
List with best paid industries in GreenlandDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 13,800)
  2. Business and Management (USD 11,700)
  3. Marketing and Sales (USD 10,800)
  4. Engineering (USD 10,000)
  5. Law (USD 9,500)
  6. Accounting and Finance (USD 9,400)
  7. Computer and Information Technology (USD 9,200)
  8. Transportation and Logistics (USD 8,900)
  9. Science (USD 8,900)
  10. Education and Training (USD 7,400)
  11. Other (USD 5,500)
  12. Hospitality and Tourism (USD 4,600)
  13. Social Services (USD 3,800)
  14. Services (USD 3,400)