GDP Deflator — Value US$, 2015 prices, annual growth rate in Greenland
Greenland: GDP Deflator — Value US$, 2015 prices, annual growth rate was -1.25 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices, annual growth rate in Greenland, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator — value us$, 2015 prices, annual growth rate in Greenland is -1.25 % change on previous year, measured in 2024.
The figure is down 142.9% on the previous year and down 218.2% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Greenland peaked at 36.37 % change on previous year in 1986 and was at its lowest, -11.87 % change on previous year, in 2000.
That places Greenland 190th out of 222 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices, annual growth rate in Greenland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 12.69 % change on previous year | — |
| 1972 | 12.82 % change on previous year | +1.1% |
| 1973 | 23.68 % change on previous year | +84.6% |
| 1974 | 14.69 % change on previous year | -37.9% |
| 1975 | 23.49 % change on previous year | +59.9% |
| 1976 | 7.6 % change on previous year | -67.7% |
| 1977 | 7.73 % change on previous year | +1.7% |
| 1978 | 18.96 % change on previous year | +145.3% |
| 1979 | 12.69 % change on previous year | -33.1% |
| 1980 | 4.14 % change on previous year | -67.4% |
| 1981 | -9.07 % change on previous year | -319.3% |
| 1982 | -3.38 % change on previous year | -62.7% |
| 1983 | -0.0314 % change on previous year | -99.1% |
| 1984 | -3.87 % change on previous year | +12208.8% |
| 1985 | 4.99 % change on previous year | -229.1% |
| 1986 | 36.37 % change on previous year | +628.6% |
| 1987 | 23.75 % change on previous year | -34.7% |
| 1988 | 8.07 % change on previous year | -66.0% |
| 1989 | -2.99 % change on previous year | -137.0% |
| 1990 | 24.14 % change on previous year | -907.6% |
| 1991 | -0.1298 % change on previous year | -100.5% |
| 1992 | 7.61 % change on previous year | -5961.4% |
| 1993 | -5.94 % change on previous year | -178.0% |
| 1994 | 2.42 % change on previous year | -140.7% |
| 1995 | 15.87 % change on previous year | +556.4% |
| 1996 | -2.44 % change on previous year | -115.4% |
| 1997 | -11.76 % change on previous year | +382.5% |
| 1998 | -0.4738 % change on previous year | -96.0% |
| 1999 | -2.93 % change on previous year | +518.3% |
| 2000 | -11.87 % change on previous year | +305.3% |
| 2001 | 0.4245 % change on previous year | -103.6% |
| 2002 | 8.69 % change on previous year | +1948.1% |
| 2003 | 22.47 % change on previous year | +158.5% |
| 2004 | 9.37 % change on previous year | -58.3% |
| 2005 | -3.32 % change on previous year | -135.5% |
| 2006 | 3.1 % change on previous year | -193.3% |
| 2007 | 9.19 % change on previous year | +196.4% |
| 2008 | 4.63 % change on previous year | -49.6% |
| 2009 | 0.3662 % change on previous year | -92.1% |
| 2010 | -2.75 % change on previous year | -850.4% |
| 2011 | 7.78 % change on previous year | -383.1% |
| 2012 | -4.12 % change on previous year | -153.0% |
| 2013 | 4.24 % change on previous year | -202.8% |
| 2014 | 1.06 % change on previous year | -75.0% |
| 2015 | -9.78 % change on previous year | -1024.4% |
| 2016 | 3.48 % change on previous year | -135.6% |
| 2017 | 5.28 % change on previous year | +51.8% |
| 2018 | 6.5 % change on previous year | +23.0% |
| 2019 | -4.62 % change on previous year | -171.0% |
| 2020 | 2.66 % change on previous year | -157.7% |
| 2021 | 3.62 % change on previous year | +36.0% |
| 2022 | -10.85 % change on previous year | -399.4% |
| 2023 | 2.92 % change on previous year | -126.9% |
| 2024 | -1.25 % change on previous year | -142.9% |
Greenland compared with similar countries
- Greenland's -1.25 % change on previous year is below the median for high income countries, which is 2.61 % change on previous year. (68 countries reporting)
- Greenland's -1.25 % change on previous year is below the median for Europe & Central Asia, which is 3.25 % change on previous year. (48 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices, annual growth rate in Greenland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | -12208.8% | -0.0314 % change on previous year | -3.87 % change on previous year |
| 1992 | +5961.4% | -0.1298 % change on previous year | 7.61 % change on previous year |
| 2002 | +1948.1% | 0.4245 % change on previous year | 8.69 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.93 % change on previous year | 7.6 % change on previous year | 23.68 % change on previous year | 9 |
| 1980s | 5.8 % change on previous year | -9.07 % change on previous year | 36.37 % change on previous year | 10 |
| 1990s | 2.64 % change on previous year | -11.76 % change on previous year | 24.14 % change on previous year | 10 |
| 2000s | 4.3 % change on previous year | -11.87 % change on previous year | 22.47 % change on previous year | 10 |
| 2010s | 0.7061 % change on previous year | -9.78 % change on previous year | 7.78 % change on previous year | 10 |
| 2020s | -0.5783 % change on previous year | -10.85 % change on previous year | 3.62 % change on previous year | 5 |
Countries ranked near Greenland
- 187 Vanuatu -0.8322 % change on previous year compare
- 188 Viet Nam -1.06 % change on previous year compare
- 189 Paraguay -1.1 % change on previous year compare
- 191 Burundi -1.26 % change on previous year compare
- 192 Angola -1.37 % change on previous year compare
- 193 Azerbaijan -1.41 % change on previous year compare
More economy & growth data for Greenland
- Final consumption expenditure (constant 2015 US$), per capita 40,333 constant 2015 US$ per person (2023)
- Gross national expenditure (current US$), per capita 64,520 current US$ per person (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- General government final consumption expenditure (current US$), per 24,400 current US$ per person (2023)
- Gross national expenditure (current US$), annual growth rate 4.12 % change on previous year (2023)
- General government final consumption expenditure (current LCU) 3.81 % change on previous year (2023)
- Final consumption expenditure (current LCU), per capita 299,448 current LCU per person (2023)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.24 % change on previous year (2023)
- Gross national expenditure (current LCU), annual growth rate 1.37 % change on previous year (2023)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6895 constant 2015 US$ per US$ of GDP (2023)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, annual growth rate in Greenland?
- Gdp deflator — value us$, 2015 prices, annual growth rate in Greenland was -1.25 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Greenland?
- The highest recorded value was 36.37 % change on previous year in 1986.
- What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Greenland?
- The lowest recorded value was -11.87 % change on previous year in 2000.
- How does Greenland rank for gdp deflator — value us$, 2015 prices, annual growth rate?
- Greenland ranks 190th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Greenland?
- Over the last ten years it is down 218.2%. 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 — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.