GDP Deflator — Value US$, 2015 prices in Greenland
Greenland: GDP Deflator — Value US$, 2015 prices was 106.67 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Greenland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gdp deflator — value us$, 2015 prices in Greenland is 106.67 USD, measured in 2024.
Compared with earlier readings it is down 1.3% on the previous year and down 3.8% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Greenland peaked at 117.73 USD in 2021 and was at its lowest, 10.16 USD, in 1970.
Greenland ranks 161st of 203 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Greenland, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 10.16 USD | — |
| 1971 | 11.45 USD | +12.7% |
| 1972 | 12.91 USD | +12.8% |
| 1973 | 15.97 USD | +23.7% |
| 1974 | 18.32 USD | +14.7% |
| 1975 | 22.62 USD | +23.5% |
| 1976 | 24.34 USD | +7.6% |
| 1977 | 26.22 USD | +7.7% |
| 1978 | 31.19 USD | +19.0% |
| 1979 | 35.15 USD | +12.7% |
| 1980 | 36.61 USD | +4.1% |
| 1981 | 33.28 USD | -9.1% |
| 1982 | 32.16 USD | -3.4% |
| 1983 | 32.15 USD | -0.0% |
| 1984 | 30.91 USD | -3.9% |
| 1985 | 32.45 USD | +5.0% |
| 1986 | 44.25 USD | +36.4% |
| 1987 | 54.76 USD | +23.7% |
| 1988 | 59.18 USD | +8.1% |
| 1989 | 57.41 USD | -3.0% |
| 1990 | 71.27 USD | +24.1% |
| 1991 | 71.18 USD | -0.1% |
| 1992 | 76.59 USD | +7.6% |
| 1993 | 72.05 USD | -5.9% |
| 1994 | 73.79 USD | +2.4% |
| 1995 | 85.5 USD | +15.9% |
| 1996 | 83.41 USD | -2.4% |
| 1997 | 73.6 USD | -11.8% |
| 1998 | 73.25 USD | -0.5% |
| 1999 | 71.1 USD | -2.9% |
| 2000 | 62.66 USD | -11.9% |
| 2001 | 62.93 USD | +0.4% |
| 2002 | 68.4 USD | +8.7% |
| 2003 | 83.77 USD | +22.5% |
| 2004 | 91.62 USD | +9.4% |
| 2005 | 88.57 USD | -3.3% |
| 2006 | 91.32 USD | +3.1% |
| 2007 | 99.71 USD | +9.2% |
| 2008 | 104.33 USD | +4.6% |
| 2009 | 104.71 USD | +0.4% |
| 2010 | 101.83 USD | -2.7% |
| 2011 | 109.75 USD | +7.8% |
| 2012 | 105.23 USD | -4.1% |
| 2013 | 109.69 USD | +4.2% |
| 2014 | 110.85 USD | +1.1% |
| 2015 | 100 USD | -9.8% |
| 2016 | 103.48 USD | +3.5% |
| 2017 | 108.94 USD | +5.3% |
| 2018 | 116.02 USD | +6.5% |
| 2019 | 110.67 USD | -4.6% |
| 2020 | 113.61 USD | +2.7% |
| 2021 | 117.73 USD | +3.6% |
| 2022 | 104.96 USD | -10.8% |
| 2023 | 108.03 USD | +2.9% |
| 2024 | 106.67 USD | -1.3% |
Greenland compared with similar countries
- Greenland's 106.67 USD is below the median for high income countries, which is 121.8 USD, 88% of the median. (68 countries reporting)
- Greenland's 106.67 USD is below the median for Europe & Central Asia, which is 125.65 USD, 85% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.83 USD | 10.16 USD | 35.15 USD | 10 |
| 1980s | 41.32 USD | 30.91 USD | 59.18 USD | 10 |
| 1990s | 75.17 USD | 71.1 USD | 85.5 USD | 10 |
| 2000s | 85.8 USD | 62.66 USD | 104.71 USD | 10 |
| 2010s | 107.64 USD | 100 USD | 116.02 USD | 10 |
| 2020s | 110.2 USD | 104.96 USD | 117.73 USD | 5 |
Countries ranked near Greenland
- 158 Brazil 107.48 USD compare
- 159 Mozambique 107.24 USD compare
- 160 China, mainland 106.81 USD compare
- 162 Fiji 106.1 USD compare
- 163 Sweden 105.22 USD compare
- 164 Saint Kitts and Nevis 104.95 USD 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 us$, 2015 prices in Greenland?
- Gdp deflator — value us$, 2015 prices in Greenland was 106.67 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Greenland?
- The highest recorded value was 117.73 USD in 2021.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Greenland?
- The lowest recorded value was 10.16 USD in 1970.
- How does Greenland rank for gdp deflator — value us$, 2015 prices?
- Greenland ranks 161st out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Greenland?
- Over the last ten years it is down 3.8%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).