Value Added Deflator (Manufacturing) — Value Standard Local Currency in Greenland
Greenland: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 135.87 SLC in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Greenland, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Greenland recorded 135.87 SLC for value added deflator (manufacturing) — value standard local currency in 2023.
The figure is down 9.4% on the previous year and down 7.9% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Greenland peaked at 267.17 SLC in 2018 and was at its lowest, 16.68 SLC, in 1970.
Greenland ranks 88th of 194 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.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Greenland, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 16.68 SLC | — |
| 1971 | 18.59 SLC | +11.4% |
| 1972 | 19.65 SLC | +5.7% |
| 1973 | 21.16 SLC | +7.7% |
| 1974 | 24.45 SLC | +15.6% |
| 1975 | 28.46 SLC | +16.4% |
| 1976 | 32.22 SLC | +13.2% |
| 1977 | 34.47 SLC | +7.0% |
| 1978 | 37.67 SLC | +9.3% |
| 1979 | 40.49 SLC | +7.5% |
| 1980 | 45.17 SLC | +11.6% |
| 1981 | 51.92 SLC | +14.9% |
| 1982 | 58.68 SLC | +13.0% |
| 1983 | 64.38 SLC | +9.7% |
| 1984 | 70.09 SLC | +8.9% |
| 1985 | 75.29 SLC | +7.4% |
| 1986 | 78.4 SLC | +4.1% |
| 1987 | 82.02 SLC | +4.6% |
| 1988 | 87.23 SLC | +6.4% |
| 1989 | 91.9 SLC | +5.3% |
| 1990 | 96.58 SLC | +5.1% |
| 1991 | 99.69 SLC | +3.2% |
| 1992 | 101.23 SLC | +1.5% |
| 1993 | 102.29 SLC | +1.0% |
| 1994 | 102.77 SLC | +0.5% |
| 1995 | 104.88 SLC | +2.1% |
| 1996 | 105.91 SLC | +1.0% |
| 1997 | 106.44 SLC | +0.5% |
| 1998 | 107.48 SLC | +1.0% |
| 1999 | 108.62 SLC | +1.1% |
| 2000 | 110.91 SLC | +2.1% |
| 2001 | 114.68 SLC | +3.4% |
| 2002 | 118.24 SLC | +3.1% |
| 2003 | 120.77 SLC | +2.1% |
| 2004 | 127.79 SLC | +5.8% |
| 2005 | 126.42 SLC | -1.1% |
| 2006 | 218.97 SLC | +73.2% |
| 2007 | 153.99 SLC | -29.7% |
| 2008 | 135.43 SLC | -12.1% |
| 2009 | 163.5 SLC | +20.7% |
| 2010 | 163.48 SLC | -0.0% |
| 2011 | 169.96 SLC | +4.0% |
| 2012 | 158.16 SLC | -6.9% |
| 2013 | 147.6 SLC | -6.7% |
| 2014 | 92.26 SLC | -37.5% |
| 2015 | 100 SLC | +8.4% |
| 2016 | 102.9 SLC | +2.9% |
| 2017 | 142.63 SLC | +38.6% |
| 2018 | 267.17 SLC | +87.3% |
| 2019 | 201.69 SLC | -24.5% |
| 2020 | 167.86 SLC | -16.8% |
| 2021 | 139.85 SLC | -16.7% |
| 2022 | 150.01 SLC | +7.3% |
| 2023 | 135.87 SLC | -9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.38 SLC | 16.68 SLC | 40.49 SLC | 10 |
| 1980s | 70.51 SLC | 45.17 SLC | 91.9 SLC | 10 |
| 1990s | 103.59 SLC | 96.58 SLC | 108.62 SLC | 10 |
| 2000s | 139.07 SLC | 110.91 SLC | 218.97 SLC | 10 |
| 2010s | 154.59 SLC | 92.26 SLC | 267.17 SLC | 10 |
| 2020s | 148.4 SLC | 135.87 SLC | 167.86 SLC | 4 |
Countries ranked near Greenland
- 85 Slovakia 136.83 SLC compare
- 86 Liberia 136.44 SLC compare
- 87 Paraguay 136.03 SLC compare
- 89 Solomon Islands 134.86 SLC compare
- 90 Bangladesh 134.85 SLC compare
- 91 Montenegro 134.71 SLC compare
More economy & growth data for Greenland
- GNI, Atlas method (current US$), per capita 34,797 current US$ per person (2007)
- GNI (current LCU), per unit of GDP 4.94 current LCU per US$ of GDP (2007)
- GNI (current LCU), annual growth rate 12.79 % change on previous year (2007)
- GNI (current US$), per capita 36,110 current US$ per person (2007)
- GNI (current US$), per unit of GDP 0.9077 current US$ per US$ of GDP (2007)
- GNI (current US$), annual growth rate 23.21 % change on previous year (2007)
- Gross domestic savings (current LCU), per capita 103,593 current LCU per person (2023)
- Gross domestic savings (current LCU), annual growth rate 1.36 % change on previous year (2023)
- Gross domestic savings (current LCU), per unit of GDP 1.77 current LCU per US$ of GDP (2023)
- GNI (current LCU), per capita 196,570 current LCU per person (2007)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Greenland?
- Value added deflator (manufacturing) — value standard local currency in Greenland was 135.87 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Greenland?
- The highest recorded value was 267.17 SLC in 2018.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Greenland?
- The lowest recorded value was 16.68 SLC in 1970.
- How does Greenland rank for value added deflator (manufacturing) — value standard local currency?
- Greenland ranks 88th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Greenland?
- Over the last ten years it is down 7.9%. The long-run trend across the full record is volatile.
- Where does this Greenland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).