GDP, PPP (constant 2021 international $), per unit of GDP in Greenland
Greenland: GDP, PPP (constant 2021 international $), per unit of GDP was 1.21 constant 2021 international $ per US$ of GDP in 2023. ▼ Falling
GDP, PPP (constant 2021 international $), per unit of GDP in Greenland, 1990–2023
Source: Statizoid (derived). Measured in constant 2021 international $ per US$ of GDP.
Analysis
The most recent figure for gdp, ppp (constant 2021 international $), per unit of gdp in Greenland is 1.21 constant 2021 international $ per US$ of GDP, measured in 2023.
The figure is down 4.4% on the previous year and down 6.4% over ten years.
Over the whole period, gdp, ppp (constant 2021 international $), per unit of gdp in Greenland peaked at 2.37 constant 2021 international $ per US$ of GDP in 2000 and was at its lowest, 1.19 constant 2021 international $ per US$ of GDP, in 2021.
That places Greenland 159th out of 200 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 34 years of available data.
GDP, PPP (constant 2021 international $), per unit of GDP in Greenland, year by year
| Year | constant 2021 international $ per US$ of GDP | Change |
|---|---|---|
| 1990 | 2.08 constant 2021 international $ per US$ of GDP | — |
| 1991 | 2.08 constant 2021 international $ per US$ of GDP | +0.1% |
| 1992 | 1.94 constant 2021 international $ per US$ of GDP | -7.1% |
| 1993 | 2.06 constant 2021 international $ per US$ of GDP | +6.3% |
| 1994 | 2.01 constant 2021 international $ per US$ of GDP | -2.4% |
| 1995 | 1.73 constant 2021 international $ per US$ of GDP | -13.7% |
| 1996 | 1.78 constant 2021 international $ per US$ of GDP | +2.5% |
| 1997 | 2.02 constant 2021 international $ per US$ of GDP | +13.3% |
| 1998 | 2.02 constant 2021 international $ per US$ of GDP | +0.5% |
| 1999 | 2.09 constant 2021 international $ per US$ of GDP | +3.0% |
| 2000 | 2.37 constant 2021 international $ per US$ of GDP | +13.5% |
| 2001 | 2.36 constant 2021 international $ per US$ of GDP | -0.4% |
| 2002 | 2.17 constant 2021 international $ per US$ of GDP | -8.0% |
| 2003 | 1.7 constant 2021 international $ per US$ of GDP | -21.7% |
| 2004 | 1.55 constant 2021 international $ per US$ of GDP | -8.6% |
| 2005 | 1.61 constant 2021 international $ per US$ of GDP | +3.4% |
| 2006 | 1.56 constant 2021 international $ per US$ of GDP | -3.0% |
| 2007 | 1.43 constant 2021 international $ per US$ of GDP | -8.4% |
| 2008 | 1.36 constant 2021 international $ per US$ of GDP | -4.4% |
| 2009 | 1.36 constant 2021 international $ per US$ of GDP | -0.4% |
| 2010 | 1.4 constant 2021 international $ per US$ of GDP | +2.8% |
| 2011 | 1.3 constant 2021 international $ per US$ of GDP | -7.2% |
| 2012 | 1.35 constant 2021 international $ per US$ of GDP | +4.3% |
| 2013 | 1.3 constant 2021 international $ per US$ of GDP | -4.1% |
| 2014 | 1.28 constant 2021 international $ per US$ of GDP | -1.0% |
| 2015 | 1.42 constant 2021 international $ per US$ of GDP | +10.8% |
| 2016 | 1.37 constant 2021 international $ per US$ of GDP | -3.4% |
| 2017 | 1.31 constant 2021 international $ per US$ of GDP | -5.0% |
| 2018 | 1.23 constant 2021 international $ per US$ of GDP | -6.1% |
| 2019 | 1.29 constant 2021 international $ per US$ of GDP | +4.8% |
| 2020 | 1.25 constant 2021 international $ per US$ of GDP | -2.7% |
| 2021 | 1.19 constant 2021 international $ per US$ of GDP | -4.7% |
| 2022 | 1.27 constant 2021 international $ per US$ of GDP | +6.6% |
| 2023 | 1.21 constant 2021 international $ per US$ of GDP | -4.4% |
Greenland compared with similar countries
- Greenland's 1.21 constant 2021 international $ per US$ of GDP is below the median for high income countries, which is 1.24 constant 2021 international $ per US$ of GDP, 98% of the median. (74 countries reporting)
- Greenland's 1.21 constant 2021 international $ per US$ of GDP is below the median for Europe & Central Asia, which is 1.43 constant 2021 international $ per US$ of GDP, 85% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.98 constant 2021 international $ per US$ of GDP | 1.73 constant 2021 international $ per US$ of GDP | 2.09 constant 2021 international $ per US$ of GDP | 10 |
| 2000s | 1.75 constant 2021 international $ per US$ of GDP | 1.36 constant 2021 international $ per US$ of GDP | 2.37 constant 2021 international $ per US$ of GDP | 10 |
| 2010s | 1.32 constant 2021 international $ per US$ of GDP | 1.23 constant 2021 international $ per US$ of GDP | 1.42 constant 2021 international $ per US$ of GDP | 10 |
| 2020s | 1.23 constant 2021 international $ per US$ of GDP | 1.19 constant 2021 international $ per US$ of GDP | 1.27 constant 2021 international $ per US$ of GDP | 4 |
Countries ranked near Greenland
- 156 Saint Kitts and Nevis 1.25 constant 2021 international $ per US$ of GDP compare
- 157 Italy 1.24 constant 2021 international $ per US$ of GDP compare
- 158 Antigua and Barbuda 1.23 constant 2021 international $ per US$ of GDP compare
- 160 Estonia 1.21 constant 2021 international $ per US$ of GDP compare
- 161 Hong Kong 1.21 constant 2021 international $ per US$ of GDP compare
- 162 San Marino 1.19 constant 2021 international $ per US$ of GDP 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, ppp (constant 2021 international $), per unit of gdp in Greenland?
- Gdp, ppp (constant 2021 international $), per unit of gdp in Greenland was 1.21 constant 2021 international $ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gdp, ppp (constant 2021 international $), per unit of gdp recorded in Greenland?
- The highest recorded value was 2.37 constant 2021 international $ per US$ of GDP in 2000.
- What is the lowest gdp, ppp (constant 2021 international $), per unit of gdp recorded in Greenland?
- The lowest recorded value was 1.19 constant 2021 international $ per US$ of GDP in 2021.
- How does Greenland rank for gdp, ppp (constant 2021 international $), per unit of gdp?
- Greenland ranks 159th out of 200 countries with data for 2023.
- Is gdp, ppp (constant 2021 international $), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is down 6.4%. The long-run trend across the full record is falling.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of GDP, PPP (constant 2021 international $), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
GDP, PPP (constant 2021 international $) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP, PPP (constant 2021 international $) ÷ GDP (current US$)
Computed from
- GDP, PPP International Comparison Program (ICP), World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
GDP, PPP (constant 2021 international $) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.