Gross national expenditure deflator (base year varies by country) in Greenland
Greenland: Gross national expenditure deflator (base year varies by country) was 1.71 % change on previous year in 2023. ◆ Volatile
Gross national expenditure deflator (base year varies by country) in Greenland, 2004–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Greenland recorded 1.71 % change on previous year for gross national expenditure deflator (base year varies by country) in 2023.
Compared with earlier readings it is down 58.4% on the previous year and up 175.9% over ten years.
Over the whole period, gross national expenditure deflator (base year varies by country) in Greenland peaked at 4.12 % change on previous year in 2022 and was at its lowest, -0.0398 % change on previous year, in 2005.
Greenland ranks 123rd of 168 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure deflator (base year varies by country) in Greenland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | 0.97 % change on previous year | — |
| 2005 | -0.0398 % change on previous year | -104.1% |
| 2006 | 1.27 % change on previous year | -3279.0% |
| 2007 | 3.09 % change on previous year | +143.7% |
| 2008 | 2.33 % change on previous year | -24.5% |
| 2009 | 1.06 % change on previous year | -54.3% |
| 2010 | 2.55 % change on previous year | +139.9% |
| 2011 | 2.62 % change on previous year | +2.7% |
| 2012 | 1.94 % change on previous year | -26.1% |
| 2013 | 0.6213 % change on previous year | -68.0% |
| 2014 | 2.16 % change on previous year | +247.4% |
| 2015 | 1.31 % change on previous year | -39.3% |
| 2016 | 0.9812 % change on previous year | -25.1% |
| 2017 | 1.87 % change on previous year | +90.6% |
| 2018 | 0.3391 % change on previous year | -81.9% |
| 2019 | 1 % change on previous year | +195.1% |
| 2020 | 0.9553 % change on previous year | -4.5% |
| 2021 | 0.9096 % change on previous year | -4.8% |
| 2022 | 4.12 % change on previous year | +352.6% |
| 2023 | 1.71 % change on previous year | -58.4% |
Greenland compared with similar countries
- Greenland's 1.71 % change on previous year is below the median for high income countries, which is 2.57 % change on previous year, 67% of the median. (58 countries reporting)
- Greenland's 1.71 % change on previous year is below the median for Europe & Central Asia, which is 3.26 % change on previous year, 53% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure deflator (base year varies by country) 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 |
|---|---|---|---|
| 2006 | +3279.0% | -0.0398 % change on previous year | 1.27 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.45 % change on previous year | -0.0398 % change on previous year | 3.09 % change on previous year | 6 |
| 2010s | 1.54 % change on previous year | 0.3391 % change on previous year | 2.62 % change on previous year | 10 |
| 2020s | 1.92 % change on previous year | 0.9096 % change on previous year | 4.12 % change on previous year | 4 |
Countries ranked near Greenland
- 120 Ireland 1.75 % change on previous year compare
- 121 Indonesia 1.74 % change on previous year compare
- 122 Bhutan 1.72 % change on previous year compare
- 124 Paraguay 1.69 % change on previous year compare
- 125 Bahamas 1.65 % change on previous year compare
- 126 Singapore 1.51 % change on previous year 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 gross national expenditure deflator (base year varies by country) in Greenland?
- Gross national expenditure deflator (base year varies by country) in Greenland was 1.71 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national expenditure deflator (base year varies by country) recorded in Greenland?
- The highest recorded value was 4.12 % change on previous year in 2022.
- What is the lowest gross national expenditure deflator (base year varies by country) recorded in Greenland?
- The lowest recorded value was -0.0398 % change on previous year in 2005.
- How does Greenland rank for gross national expenditure deflator (base year varies by country)?
- Greenland ranks 123rd out of 168 countries with data for 2023.
- Is gross national expenditure deflator (base year varies by country) rising or falling in Greenland?
- Over the last ten years it is up 175.9%. 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 Gross national expenditure deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 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 Gross national expenditure deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national expenditure deflator Country official statistics, National Statistical Offices (NSOs)
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 Gross national expenditure deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.