GDP deflator (base year varies by country), annual growth rate in Greenland
Greenland: GDP deflator (base year varies by country), annual growth rate was 1.86 % change on previous year in 2023. ◆ Volatile
GDP deflator (base year varies by country), annual growth rate in Greenland, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gdp deflator (base year varies by country), annual growth rate in Greenland stood at 1.86 % change on previous year.
That represents a change of down 66.8% on the previous year and up 74.6% over ten years.
Over the whole period, gdp deflator (base year varies by country), annual growth rate in Greenland peaked at 16.43 % change on previous year in 1975 and was at its lowest, -3.23 % change on previous year, in 2005.
Greenland ranks 156th of 212 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.
GDP deflator (base year varies by country), annual growth rate in Greenland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.45 % change on previous year | — |
| 1972 | 5.7 % change on previous year | -50.2% |
| 1973 | 7.66 % change on previous year | +34.5% |
| 1974 | 15.55 % change on previous year | +103.0% |
| 1975 | 16.43 % change on previous year | +5.6% |
| 1976 | 13.19 % change on previous year | -19.7% |
| 1977 | 6.98 % change on previous year | -47.1% |
| 1978 | 9.28 % change on previous year | +32.9% |
| 1979 | 7.5 % change on previous year | -19.1% |
| 1980 | 11.56 % change on previous year | +54.1% |
| 1981 | 14.93 % change on previous year | +29.1% |
| 1982 | 13.02 % change on previous year | -12.8% |
| 1983 | 9.72 % change on previous year | -25.3% |
| 1984 | 8.87 % change on previous year | -8.7% |
| 1985 | 7.42 % change on previous year | -16.3% |
| 1986 | 4.13 % change on previous year | -44.4% |
| 1987 | 4.62 % change on previous year | +11.9% |
| 1988 | 6.35 % change on previous year | +37.4% |
| 1989 | 5.35 % change on previous year | -15.8% |
| 1990 | 5.09 % change on previous year | -4.8% |
| 1991 | 3.23 % change on previous year | -36.7% |
| 1992 | 1.55 % change on previous year | -52.1% |
| 1993 | 1.04 % change on previous year | -32.6% |
| 1994 | 0.4684 % change on previous year | -55.0% |
| 1995 | 2.06 % change on previous year | +339.0% |
| 1996 | 0.98 % change on previous year | -52.3% |
| 1997 | 0.4967 % change on previous year | -49.3% |
| 1998 | 0.9785 % change on previous year | +97.0% |
| 1999 | 1.06 % change on previous year | +8.4% |
| 2000 | 2.11 % change on previous year | +99.0% |
| 2001 | 3.4 % change on previous year | +61.2% |
| 2002 | 3.1 % change on previous year | -8.8% |
| 2003 | 6.53 % change on previous year | +110.5% |
| 2004 | -0.5385 % change on previous year | -108.2% |
| 2005 | -3.23 % change on previous year | +499.7% |
| 2006 | 2.24 % change on previous year | -169.3% |
| 2007 | -0.0476 % change on previous year | -102.1% |
| 2008 | -2.01 % change on previous year | +4133.0% |
| 2009 | 5.54 % change on previous year | -375.1% |
| 2010 | 2.03 % change on previous year | -63.4% |
| 2011 | 2.88 % change on previous year | +42.2% |
| 2012 | 3.45 % change on previous year | +19.5% |
| 2013 | 1.07 % change on previous year | -69.0% |
| 2014 | 0.9901 % change on previous year | -7.2% |
| 2015 | 8.14 % change on previous year | +722.6% |
| 2016 | 3.54 % change on previous year | -56.6% |
| 2017 | 3.27 % change on previous year | -7.7% |
| 2018 | 1.85 % change on previous year | -43.5% |
| 2019 | 0.745 % change on previous year | -59.7% |
| 2020 | 0.8597 % change on previous year | +15.4% |
| 2021 | 0.7978 % change on previous year | -7.2% |
| 2022 | 5.61 % change on previous year | +602.8% |
| 2023 | 1.86 % change on previous year | -66.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.42 % change on previous year | 5.7 % change on previous year | 16.43 % change on previous year | 9 |
| 1980s | 8.6 % change on previous year | 4.13 % change on previous year | 14.93 % change on previous year | 10 |
| 1990s | 1.69 % change on previous year | 0.4684 % change on previous year | 5.09 % change on previous year | 10 |
| 2000s | 1.71 % change on previous year | -3.23 % change on previous year | 6.53 % change on previous year | 10 |
| 2010s | 2.8 % change on previous year | 0.745 % change on previous year | 8.14 % change on previous year | 10 |
| 2020s | 2.28 % change on previous year | 0.7978 % change on previous year | 5.61 % change on previous year | 4 |
Countries ranked near Greenland
- 153 Italy 1.99 % change on previous year compare
- 154 Trinidad and Tobago 1.99 % change on previous year compare
- 155 Dominica 1.96 % change on previous year compare
- 157 French Polynesia 1.85 % change on previous year compare
- 158 Tuvalu 1.82 % change on previous year compare
- 159 Cape Verde 1.74 % change on previous year compare
More economy & growth data for Greenland
- Gross national expenditure (constant 2015 US$), per unit of GDP 1 constant 2015 US$ per US$ of GDP (2023)
- Gross national expenditure (current US$), annual growth rate 4.12 % change on previous year (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Gross national expenditure (current US$), per capita 64,520 current US$ per person (2023)
- Gross national expenditure (current LCU), annual growth rate 1.37 % change on previous year (2023)
- Gross national expenditure (current LCU), per unit of GDP 7.6 current LCU per US$ of GDP (2023)
- Gross national expenditure (current LCU), per capita 444,525 current LCU per person (2023)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.3182 % change on previous year (2023)
- Exports of goods and services (current LCU), per capita 164,435 current LCU per person (2023)
- Exports of goods and services (current LCU), per unit of GDP 2.81 current LCU per US$ of GDP (2023)
Frequently asked questions
- What is gdp deflator (base year varies by country), annual growth rate in Greenland?
- Gdp deflator (base year varies by country), annual growth rate in Greenland was 1.86 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Greenland?
- The highest recorded value was 16.43 % change on previous year in 1975.
- What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Greenland?
- The lowest recorded value was -3.23 % change on previous year in 2005.
- How does Greenland rank for gdp deflator (base year varies by country), annual growth rate?
- Greenland ranks 156th out of 212 countries with data for 2023.
- Is gdp deflator (base year varies by country), annual growth rate rising or falling in Greenland?
- Over the last ten years it is up 74.6%. The long-run trend across the full record is volatile.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP deflator Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.