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 176th of 194 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% |
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
- 173 China, Macao SAR 114.74 SLC compare
- 174 Fiji 114.73 SLC compare
- 175 Turkmenistan 114.67 SLC compare
- 177 Seychelles 112.27 SLC compare
- 178 Ecuador 111.27 SLC compare
- 179 French Polynesia 111.23 SLC compare
More economy & growth data for Greenland
- Domestic currency per Special drawing rights (End-of-period (EoP)) 9.48 (2016)
- Net primary income (Net income from abroad) (current LCU), annual 46.56 % change on previous year (2007)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0401 current US$ per US$ of GDP (2023)
- Taxes less subsidies on products (current US$), per capita 2,345 current US$ per person (2023)
- Taxes less subsidies on products (current LCU), annual growth rate 4.97 % change on previous year (2023)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2761 current LCU per US$ of GDP (2023)
- Taxes less subsidies on products (current LCU), per capita 16,154 current LCU per person (2023)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1055 (2016)
- Manufacturing value added to gdp, per capita 0 units per person (2023)
- Gdp worldbank constant usd, per capita 49,930 units per person (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 176th out of 194 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).