GDP per capita, PPP in Greenland
Greenland: GDP per capita, PPP was 71,038 constant 2021 international $ in 2023. ▲ Rising
GDP per capita, PPP in Greenland, 1990–2023
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
The most recent figure for gdp per capita, ppp in Greenland is 71,038 constant 2021 international $, measured in 2023. That is the highest value across all 34 years on record.
That represents a change of up 0.5% on the previous year and up 15.2% over ten years.
Over the whole period, gdp per capita, ppp in Greenland peaked at 71,038 constant 2021 international $ in 2023 and was at its lowest, 34,578 constant 2021 international $, in 1993.
Greenland ranks 16th of 199 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 38,148 constant 2021 international $ | 34,578 constant 2021 international $ | 42,072 constant 2021 international $ | 10 |
| 2000s | 51,732 constant 2021 international $ | 44,793 constant 2021 international $ | 61,036 constant 2021 international $ | 10 |
| 2010s | 64,293 constant 2021 international $ | 61,171 constant 2021 international $ | 68,535 constant 2021 international $ | 10 |
| 2020s | 69,889 constant 2021 international $ | 68,534 constant 2021 international $ | 71,038 constant 2021 international $ | 4 |
Countries ranked near Greenland
- 13 Denmark 72,723 constant 2021 international $ compare
- 14 Faroe Islands 72,114 constant 2021 international $ compare
- 15 Netherlands 71,378 constant 2021 international $ compare
- 17 San Marino 70,952 constant 2021 international $ compare
- 18 United Arab Emirates 69,702 constant 2021 international $ compare
- 19 Hong Kong 68,725 constant 2021 international $ compare
More economy & growth data for Greenland
- Services, value added 2.2% (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)
- Services, value added 1.75 billion constant 2015 US$ (2023)
- Discrepancy in expenditure estimate of GDP 0 current LCU (2023)
- GDP deflator 140.95 base year varies by country (2023)
- Inflation, GDP deflator 1.9% (2023)
Frequently asked questions
- What is gdp per capita, ppp in Greenland?
- Gdp per capita, ppp in Greenland was 71,038 constant 2021 international $ in 2023, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp per capita, ppp recorded in Greenland?
- The highest recorded value was 71,038 constant 2021 international $ in 2023.
- What is the lowest gdp per capita, ppp recorded in Greenland?
- The lowest recorded value was 34,578 constant 2021 international $ in 1993.
- How does Greenland rank for gdp per capita, ppp?
- Greenland ranks 16th out of 199 countries with data for 2023.
- Is gdp per capita, ppp rising or falling in Greenland?
- Over the last ten years it is up 15.2%. 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 GDP per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross domestic product (GDP) per person expressed in constant 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 domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. 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.