GDP per capita, PPP in Greenland
Greenland: GDP per capita, PPP was 78,906 current international $ in 2023. ▲ Rising
GDP per capita, PPP in Greenland, 1990–2023
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
The most recent figure for gdp per capita, ppp in Greenland is 78,906 current international $, measured in 2023. That is the highest value across all 34 years on record.
That represents a change of up 4.2% on the previous year and up 49.2% over ten years.
Over the whole period, gdp per capita, ppp in Greenland peaked at 78,906 current international $ in 2023 and was at its lowest, 20,092 current international $, in 1993.
Greenland ranks 20th of 203 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 | 22,790 current international $ | 20,092 current international $ | 27,081 current international $ | 10 |
| 2000s | 38,098 current international $ | 29,616 current international $ | 48,925 current international $ | 10 |
| 2010s | 56,349 current international $ | 50,191 current international $ | 64,264 current international $ | 10 |
| 2020s | 72,229 current international $ | 64,999 current international $ | 78,906 current international $ | 4 |
Countries ranked near Greenland
- 17 Hong Kong 80,423 current international $ compare
- 18 Andorra 79,567 current international $ compare
- 19 United Arab Emirates 79,344 current international $ compare
- 21 San Marino 78,810 current international $ compare
- 22 Austria 76,778 current international $ compare
- 23 Germany 75,407 current 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 78,906 current 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 78,906 current international $ in 2023.
- What is the lowest gdp per capita, ppp recorded in Greenland?
- The lowest recorded value was 20,092 current international $ in 1993.
- How does Greenland rank for gdp per capita, ppp?
- Greenland ranks 20th out of 203 countries with data for 2023.
- Is gdp per capita, ppp rising or falling in Greenland?
- Over the last ten years it is up 49.2%. 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 (current 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 current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.