Greenland vs Latin America & Caribbean (excluding high income): GDP per capita, PPP
GDP per capita, PPP over time
- Greenland
- Latin America & Caribbean (excluding high income)
How they compare
Greenland currently reports 78,906 current international $ against 22,825 current international $ in Latin America & Caribbean (excluding high income), a difference of 56,081 current international $.
That makes Greenland's figure about 3.5 times Latin America & Caribbean (excluding high income)'s.
Across all 34 years both countries report, Greenland has been ahead every year.
Greenland ranks 20th and Latin America & Caribbean (excluding high income) ranks 22nd of 204 countries.
Greenland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Greenland | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 22,790 current international $ | 7,401 current international $ | 15,389 current international $ | Greenland |
| 2000s | 38,098 current international $ | 10,332 current international $ | 27,766 current international $ | Greenland |
| 2010s | 56,349 current international $ | 14,936 current international $ | 41,413 current international $ | Greenland |
| 2020s | 72,229 current international $ | 18,841 current international $ | 53,388 current international $ | Greenland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, ppp, Greenland or Latin America & Caribbean (excluding high income)?
- Greenland, at 78,906 current international $ against 22,825 current international $ in Latin America & Caribbean (excluding high income) as of 2023.
- What is the difference in gdp per capita, ppp between Greenland and Latin America & Caribbean (excluding high income)?
- 56,081 current international $, with Greenland ahead.
- How many years of comparable data are there for Greenland and Latin America & Caribbean (excluding high income)?
- 34 years are reported by both, from 1990 to 2023.
- How do Greenland and Latin America & Caribbean (excluding high income) rank globally for gdp per capita, ppp?
- Greenland ranks 20th and Latin America & Caribbean (excluding high income) ranks 22nd of 204 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP per capita, PPP (current international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This indicator provides values for gross domestic product (GDP) per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.