GDP deflator in Greenland
Greenland: GDP deflator was 140.95 base year varies by country in 2023. ▲ Rising
GDP deflator in Greenland, 1970–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in base year varies by country.
Analysis
Greenland recorded 140.95 base year varies by country for gdp deflator in 2023. That is the highest value across all 54 years on record.
The figure is up 1.9% on the previous year and up 31.0% over ten years.
Over the whole period, gdp deflator in Greenland peaked at 140.95 base year varies by country in 2023 and was at its lowest, 12.76 base year varies by country, in 1970.
Greenland ranks 90th of 213 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.95 base year varies by country | 12.76 base year varies by country | 30.98 base year varies by country | 10 |
| 1980s | 53.94 base year varies by country | 34.56 base year varies by country | 70.3 base year varies by country | 10 |
| 1990s | 79.24 base year varies by country | 73.88 base year varies by country | 83.09 base year varies by country | 10 |
| 2000s | 92.84 base year varies by country | 84.84 base year varies by country | 98.01 base year varies by country | 10 |
| 2010s | 114.7 base year varies by country | 100 base year varies by country | 128.88 base year varies by country | 10 |
| 2020s | 135.08 base year varies by country | 129.99 base year varies by country | 140.95 base year varies by country | 4 |
Countries ranked near Greenland
- 87 Burkina Faso 143.53 base year varies by country compare
- 88 Estonia 142.95 base year varies by country compare
- 89 Grenada 142.22 base year varies by country compare
- 91 Bhutan 140.94 base year varies by country compare
- 92 Uganda 140.14 base year varies by country compare
- 93 Serbia 139.84 base year varies by country 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)
- Discrepancy in expenditure estimate of GDP 0 current LCU (2023)
- Inflation, GDP deflator 1.9% (2023)
- Services, value added 61.0% (2023)
Frequently asked questions
- What is gdp deflator in Greenland?
- Gdp deflator in Greenland was 140.95 base year varies by country in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp deflator recorded in Greenland?
- The highest recorded value was 140.95 base year varies by country in 2023.
- What is the lowest gdp deflator recorded in Greenland?
- The lowest recorded value was 12.76 base year varies by country in 1970.
- How does Greenland rank for gdp deflator?
- Greenland ranks 90th out of 213 countries with data for 2023.
- Is gdp deflator rising or falling in Greenland?
- Over the last ten years it is up 31.0%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP deflator (base year varies by country). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This indicator is expressed as a ratio (a÷b).