GDP deflator (base year varies by country) (GDP Country official) in Greenland
Greenland: GDP deflator (base year varies by country) (GDP Country official) was 140.95 base year varies by country in 2023. ▲ Rising
Latest (2023)
140.95 base year varies by country
Change on year
up 1.9%
World rank
91st
of 214 countries
All-time high
140.95 base year varies by country
in 2023
All-time low
12.76 base year varies by country
in 1970
Years of data
54
1970–2023
GDP deflator in Greenland, 1970–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in base year varies by country.
Analysis
Greenland recorded 140.95 base year varies by country for gdp deflator in 2023. That is the highest value across all 54 years on record.
The figure is up 1.9% on the previous year and up 31.0% over ten years.
Over the whole period, gdp deflator in Greenland peaked at 140.95 base year varies by country in 2023 and was at its lowest, 12.76 base year varies by country, in 1970.
Greenland ranks 91st of 214 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
GDP deflator (base year varies by country) (GDP Country official) in Greenland, year by year
| Year | base year varies by country | Change |
|---|---|---|
| 1970 | 12.76 base year varies by country | — |
| 1971 | 14.22 base year varies by country | +11.4% |
| 1972 | 15.03 base year varies by country | +5.7% |
| 1973 | 16.19 base year varies by country | +7.7% |
| 1974 | 18.7 base year varies by country | +15.6% |
| 1975 | 21.77 base year varies by country | +16.4% |
| 1976 | 24.65 base year varies by country | +13.2% |
| 1977 | 26.37 base year varies by country | +7.0% |
| 1978 | 28.81 base year varies by country | +9.3% |
| 1979 | 30.98 base year varies by country | +7.5% |
| 1980 | 34.56 base year varies by country | +11.6% |
| 1981 | 39.72 base year varies by country | +14.9% |
| 1982 | 44.89 base year varies by country | +13.0% |
| 1983 | 49.25 base year varies by country | +9.7% |
| 1984 | 53.62 base year varies by country | +8.9% |
| 1985 | 57.6 base year varies by country | +7.4% |
| 1986 | 59.97 base year varies by country | +4.1% |
| 1987 | 62.75 base year varies by country | +4.6% |
| 1988 | 66.73 base year varies by country | +6.4% |
| 1989 | 70.3 base year varies by country | +5.3% |
| 1990 | 73.88 base year varies by country | +5.1% |
| 1991 | 76.26 base year varies by country | +3.2% |
| 1992 | 77.44 base year varies by country | +1.5% |
| 1993 | 78.25 base year varies by country | +1.0% |
| 1994 | 78.62 base year varies by country | +0.5% |
| 1995 | 80.23 base year varies by country | +2.1% |
| 1996 | 81.02 base year varies by country | +1.0% |
| 1997 | 81.42 base year varies by country | +0.5% |
| 1998 | 82.22 base year varies by country | +1.0% |
| 1999 | 83.09 base year varies by country | +1.1% |
| 2000 | 84.84 base year varies by country | +2.1% |
| 2001 | 87.73 base year varies by country | +3.4% |
| 2002 | 90.45 base year varies by country | +3.1% |
| 2003 | 96.36 base year varies by country | +6.5% |
| 2004 | 95.84 base year varies by country | -0.5% |
| 2005 | 92.75 base year varies by country | -3.2% |
| 2006 | 94.82 base year varies by country | +2.2% |
| 2007 | 94.78 base year varies by country | -0.0% |
| 2008 | 92.87 base year varies by country | -2.0% |
| 2009 | 98.01 base year varies by country | +5.5% |
| 2010 | 100 base year varies by country | +2.0% |
| 2011 | 102.88 base year varies by country | +2.9% |
| 2012 | 106.43 base year varies by country | +3.4% |
| 2013 | 107.56 base year varies by country | +1.1% |
| 2014 | 108.63 base year varies by country | +1.0% |
| 2015 | 117.48 base year varies by country | +8.1% |
| 2016 | 121.63 base year varies by country | +3.5% |
| 2017 | 125.61 base year varies by country | +3.3% |
| 2018 | 127.93 base year varies by country | +1.8% |
| 2019 | 128.88 base year varies by country | +0.7% |
| 2020 | 129.99 base year varies by country | +0.9% |
| 2021 | 131.02 base year varies by country | +0.8% |
| 2022 | 138.37 base year varies by country | +5.6% |
| 2023 | 140.95 base year varies by country | +1.9% |
Greenland compared with similar countries
- Greenland's 140.95 base year varies by country is above the median for high income countries, which is 122.45 base year varies by country, 1.2× the median. (82 countries reporting)
- Greenland's 140.95 base year varies by country is above the median for Europe & Central Asia, which is 133.45 base year varies by country, 1.1× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.95 base year varies by country | 12.76 base year varies by country | 30.98 base year varies by country | 10 |
| 1980s | 53.94 base year varies by country | 34.56 base year varies by country | 70.3 base year varies by country | 10 |
| 1990s | 79.24 base year varies by country | 73.88 base year varies by country | 83.09 base year varies by country | 10 |
| 2000s | 92.84 base year varies by country | 84.84 base year varies by country | 98.01 base year varies by country | 10 |
| 2010s | 114.7 base year varies by country | 100 base year varies by country | 128.88 base year varies by country | 10 |
| 2020s | 135.08 base year varies by country | 129.99 base year varies by country | 140.95 base year varies by country | 4 |
Countries ranked near Greenland
- 88 Burkina Faso 143.53 base year varies by country compare
- 89 Estonia 142.95 base year varies by country compare
- 90 Grenada 142.22 base year varies by country compare
- 92 Bhutan 140.94 base year varies by country compare
- 93 Uganda 140.14 base year varies by country compare
- 94 Serbia 139.84 base year varies by country compare
More economy & growth data for Greenland
- Final consumption expenditure (current LCU), per capita 299,448 current LCU per person (2023)
- Gross national expenditure (current US$), annual growth rate 4.12 % change on previous year (2023)
- Final consumption expenditure (constant 2015 US$), per capita 40,333 constant 2015 US$ per person (2023)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6895 constant 2015 US$ per US$ of GDP (2023)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.24 % change on previous year (2023)
- Final consumption expenditure (current LCU), annual growth rate 3.24 % change on previous year (2023)
- Final consumption expenditure (current US$), per unit of GDP 0.743 current US$ per US$ of GDP (2023)
- Final consumption expenditure (current US$), per capita 43,463 current US$ per person (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Final consumption expenditure (current LCU), per unit of GDP 5.12 current LCU per US$ of GDP (2023)
Frequently asked questions
- What is gdp deflator in Greenland?
- Gdp deflator in Greenland was 140.95 base year varies by country in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp deflator recorded in Greenland?
- The highest recorded value was 140.95 base year varies by country in 2023.
- What is the lowest gdp deflator recorded in Greenland?
- The lowest recorded value was 12.76 base year varies by country in 1970.
- How does Greenland rank for gdp deflator?
- Greenland ranks 91st out of 214 countries with data for 2023.
- Is gdp deflator rising or falling in Greenland?
- Over the last ten years it is up 31.0%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP deflator (base year varies by country). Statizoid updates them automatically from the source API.
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About this data
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This indicator is expressed as a ratio (a÷b).