GDP Deflator — Value Standard Local Currency, 2015 prices in Greenland
Greenland: GDP Deflator — Value Standard Local Currency, 2015 prices was 112.76 SLC in 2024. ▲ Rising
GDP Deflator — Value Standard Local Currency, 2015 prices in Greenland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices in Greenland is 112.76 SLC, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 1.9% on the previous year and up 21.9% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Greenland peaked at 112.76 SLC in 2024 and was at its lowest, 11.32 SLC, in 1970.
Greenland ranks 189th of 209 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value Standard Local Currency, 2015 prices in Greenland, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 11.32 SLC | — |
| 1971 | 12.62 SLC | +11.4% |
| 1972 | 13.34 SLC | +5.7% |
| 1973 | 14.36 SLC | +7.7% |
| 1974 | 16.6 SLC | +15.6% |
| 1975 | 19.32 SLC | +16.4% |
| 1976 | 21.87 SLC | +13.2% |
| 1977 | 23.4 SLC | +7.0% |
| 1978 | 25.57 SLC | +9.3% |
| 1979 | 27.49 SLC | +7.5% |
| 1980 | 30.66 SLC | +11.6% |
| 1981 | 35.24 SLC | +14.9% |
| 1982 | 39.83 SLC | +13.0% |
| 1983 | 43.7 SLC | +9.7% |
| 1984 | 47.58 SLC | +8.9% |
| 1985 | 51.11 SLC | +7.4% |
| 1986 | 53.22 SLC | +4.1% |
| 1987 | 55.68 SLC | +4.6% |
| 1988 | 59.21 SLC | +6.4% |
| 1989 | 62.38 SLC | +5.3% |
| 1990 | 65.56 SLC | +5.1% |
| 1991 | 67.67 SLC | +3.2% |
| 1992 | 68.72 SLC | +1.5% |
| 1993 | 69.43 SLC | +1.0% |
| 1994 | 69.76 SLC | +0.5% |
| 1995 | 71.19 SLC | +2.1% |
| 1996 | 71.89 SLC | +1.0% |
| 1997 | 72.25 SLC | +0.5% |
| 1998 | 72.95 SLC | +1.0% |
| 1999 | 73.73 SLC | +1.1% |
| 2000 | 75.28 SLC | +2.1% |
| 2001 | 77.85 SLC | +3.4% |
| 2002 | 80.26 SLC | +3.1% |
| 2003 | 82.02 SLC | +2.2% |
| 2004 | 81.58 SLC | -0.5% |
| 2005 | 78.95 SLC | -3.2% |
| 2006 | 80.72 SLC | +2.2% |
| 2007 | 80.68 SLC | -0.0% |
| 2008 | 79.05 SLC | -2.0% |
| 2009 | 83.43 SLC | +5.5% |
| 2010 | 85.12 SLC | +2.0% |
| 2011 | 87.58 SLC | +2.9% |
| 2012 | 90.6 SLC | +3.4% |
| 2013 | 91.56 SLC | +1.1% |
| 2014 | 92.47 SLC | +1.0% |
| 2015 | 100 SLC | +8.1% |
| 2016 | 103.54 SLC | +3.5% |
| 2017 | 106.92 SLC | +3.3% |
| 2018 | 108.89 SLC | +1.8% |
| 2019 | 109.71 SLC | +0.7% |
| 2020 | 110.48 SLC | +0.7% |
| 2021 | 110.02 SLC | -0.4% |
| 2022 | 110.39 SLC | +0.3% |
| 2023 | 110.62 SLC | +0.2% |
| 2024 | 112.76 SLC | +1.9% |
Greenland compared with similar countries
- Greenland's 112.76 SLC is below the median for high income countries, which is 126.04 SLC, 89% of the median. (68 countries reporting)
- Greenland's 112.76 SLC is below the median for Europe & Central Asia, which is 134.77 SLC, 84% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.59 SLC | 11.32 SLC | 27.49 SLC | 10 |
| 1980s | 47.86 SLC | 30.66 SLC | 62.38 SLC | 10 |
| 1990s | 70.32 SLC | 65.56 SLC | 73.73 SLC | 10 |
| 2000s | 79.98 SLC | 75.28 SLC | 83.43 SLC | 10 |
| 2010s | 97.64 SLC | 85.12 SLC | 109.71 SLC | 10 |
| 2020s | 110.85 SLC | 110.02 SLC | 112.76 SLC | 5 |
Countries ranked near Greenland
- 186 China, Macao SAR 114.74 SLC compare
- 187 Fiji 114.73 SLC compare
- 188 Turkmenistan 114.67 SLC compare
- 190 Seychelles 112.27 SLC compare
- 191 Ecuador 111.27 SLC compare
- 192 French Polynesia 111.23 SLC 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 — value standard local currency, 2015 prices in Greenland?
- Gdp deflator — value standard local currency, 2015 prices in Greenland was 112.76 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Greenland?
- The highest recorded value was 112.76 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Greenland?
- The lowest recorded value was 11.32 SLC in 1970.
- How does Greenland rank for gdp deflator — value standard local currency, 2015 prices?
- Greenland ranks 189th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Greenland?
- Over the last ten years it is up 21.9%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).