GNI, PPP (current international $) in Greenland
Greenland: GNI, PPP (current international $) was 2.28 billion current international $ in 2007. ▲ Rising
GNI, PPP in Greenland, 1990–2007
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
Greenland recorded 2.28 billion current international $ for gni, ppp in 2007. That is the highest value across all 18 years on record.
Compared with earlier readings it is up 15.9% on the previous year and up 72.8% over ten years.
Over the whole period, gni, ppp in Greenland peaked at 2.28 billion current international $ in 2007 and was at its lowest, 1.04 billion current international $, in 1993.
Greenland ranks 188th of 203 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
GNI, PPP (current international $) in Greenland, year by year
| Year | current international $ | Change |
|---|---|---|
| 1990 | 1.06 billion current international $ | — |
| 1991 | 1.09 billion current international $ | +3.5% |
| 1992 | 1.06 billion current international $ | -3.2% |
| 1993 | 1.04 billion current international $ | -2.2% |
| 1994 | 1.13 billion current international $ | +9.6% |
| 1995 | 1.22 billion current international $ | +7.5% |
| 1996 | 1.28 billion current international $ | +4.7% |
| 1997 | 1.32 billion current international $ | +3.3% |
| 1998 | 1.44 billion current international $ | +9.2% |
| 1999 | 1.48 billion current international $ | +2.9% |
| 2000 | 1.63 billion current international $ | +9.8% |
| 2001 | 1.68 billion current international $ | +3.2% |
| 2002 | 1.69 billion current international $ | +0.6% |
| 2003 | 1.65 billion current international $ | -2.5% |
| 2004 | 1.78 billion current international $ | +8.1% |
| 2005 | 1.97 billion current international $ | +10.8% |
| 2006 | 1.97 billion current international $ | -0.3% |
| 2007 | 2.28 billion current international $ | +15.9% |
Greenland compared with similar countries
- Greenland's 2.28 billion current international $ is below the median for high income countries, which is 259.43 billion current international $, 1% of the median. (73 countries reporting)
- Greenland's 2.28 billion current international $ is below the median for Europe & Central Asia, which is 271.31 billion current international $, 1% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.21 billion current international $ | 1.04 billion current international $ | 1.48 billion current international $ | 10 |
| 2000s | 1.83 billion current international $ | 1.63 billion current international $ | 2.28 billion current international $ | 8 |
Countries ranked near Greenland
- 185 San Marino 2.44 billion current international $
- 186 Grenada 2.37 billion current international $ compare
- 187 Solomon Islands 2.34 billion current international $ compare
- 189 Sint Maarten (Dutch part) 2.26 billion current international $
- 190 Saint Vincent and the Grenadines 2.23 billion current international $ compare
- 191 Samoa 2.04 billion current international $ compare
More economy & growth data for Greenland
- General government final consumption expenditure (constant 2015 US$) 0.367 constant 2015 US$ per US$ of GDP (2023)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2023)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.3182 % change on previous year (2023)
- Gross national expenditure (current LCU), per capita 444,525 current LCU per person (2023)
- Gross national expenditure (current LCU), per unit of GDP 7.6 current LCU per US$ of GDP (2023)
- Gross national expenditure (current US$), per capita 64,520 current US$ per person (2023)
- General government final consumption expenditure (constant 2015 US$) 21,468 constant 2015 US$ per person (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Gross national expenditure (constant 2015 US$), per unit of GDP 1 constant 2015 US$ per US$ of GDP (2023)
- Gross national expenditure (current LCU), annual growth rate 1.37 % change on previous year (2023)
Frequently asked questions
- What is gni, ppp in Greenland?
- Gni, ppp in Greenland was 2.28 billion current international $ in 2007, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni, ppp recorded in Greenland?
- The highest recorded value was 2.28 billion current international $ in 2007.
- What is the lowest gni, ppp recorded in Greenland?
- The lowest recorded value was 1.04 billion current international $ in 1993.
- How does Greenland rank for gni, ppp?
- Greenland ranks 188th out of 203 countries with data for 2007.
- Is gni, ppp rising or falling in Greenland?
- Over the last ten years it is up 72.8%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GNI, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for gross national income (GNI) expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.