DEC alternative conversion factor in Greenland
Greenland: DEC alternative conversion factor was 6.62 LCU per US$ in 2025. ▼ Falling
DEC alternative conversion factor in Greenland, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$.
Analysis
In 2025, dec alternative conversion factor in Greenland stood at 6.62 LCU per US$.
That represents a change of down 4.0% on the previous year and down 1.6% over ten years.
Over the whole period, dec alternative conversion factor in Greenland peaked at 10.6 LCU per US$ in 1985 and was at its lowest, 5.1 LCU per US$, in 2008.
That places Greenland 118th out of 214 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 66 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.03 LCU per US$ | 6.91 LCU per US$ | 7.5 LCU per US$ | 10 |
| 1970s | 6.26 LCU per US$ | 5.26 LCU per US$ | 7.5 LCU per US$ | 10 |
| 1980s | 8.02 LCU per US$ | 5.64 LCU per US$ | 10.6 LCU per US$ | 10 |
| 1990s | 6.31 LCU per US$ | 5.6 LCU per US$ | 6.98 LCU per US$ | 10 |
| 2000s | 6.47 LCU per US$ | 5.1 LCU per US$ | 8.32 LCU per US$ | 10 |
| 2010s | 6.11 LCU per US$ | 5.37 LCU per US$ | 6.73 LCU per US$ | 10 |
| 2020s | 6.72 LCU per US$ | 6.29 LCU per US$ | 7.08 LCU per US$ | 6 |
Countries ranked near Greenland
- 115 Bolivia 6.91 LCU per US$ compare
- 116 Faroe Islands 6.89 LCU per US$ compare
- 117 Trinidad and Tobago 6.75 LCU per US$ compare
- 118 Denmark 6.62 LCU per US$ compare
- 120 Brazil 5.59 LCU per US$ compare
- 121 Turkmenistan 5.44 LCU per US$ compare
More economy & growth data for Greenland
- Services, value added 1.75 billion constant 2015 US$ (2023)
- Industry (including construction), value added 495.03 million constant 2015 US$ (2023)
- Industry (including construction), value added -1.3% (2023)
- Industry (including construction), value added 3.80 billion constant LCU (2023)
- Industry (including construction), value added 18.4% (2023)
- Services, value added 2.03 billion current US$ (2023)
- Services, value added 13.98 billion current LCU (2023)
- GDP deflator 140.95 base year varies by country (2023)
- Inflation, GDP deflator 1.9% (2023)
- Services, value added 61.0% (2023)
Frequently asked questions
- What is dec alternative conversion factor in Greenland?
- Dec alternative conversion factor in Greenland was 6.62 LCU per US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest dec alternative conversion factor recorded in Greenland?
- The highest recorded value was 10.6 LCU per US$ in 1985.
- What is the lowest dec alternative conversion factor recorded in Greenland?
- The lowest recorded value was 5.1 LCU per US$ in 2008.
- How does Greenland rank for dec alternative conversion factor?
- Greenland ranks 118th out of 214 countries with data for 2025.
- Is dec alternative conversion factor rising or falling in Greenland?
- Over the last ten years it is down 1.6%. The long-run trend across the full record is falling.
- Where does this Greenland data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of DEC alternative conversion factor (LCU per US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.