Price level index in Greenland
Greenland: Price level index was 74.14 GDP in 2023. ▬ Flat
Price level index in Greenland, 1990–2023
Source: World Development Indicators, World Bank (WB). Measured in GDP.
Analysis
The most recent figure for price level index in Greenland is 74.14 GDP, measured in 2023.
The figure is up 0.9% on the previous year and down 17.5% over ten years.
Over the whole period, price level index in Greenland peaked at 95.14 GDP in 1995 and was at its lowest, 63.04 GDP, in 2001.
Greenland ranks 40th of 203 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 85.21 GDP | 74.48 GDP | 95.14 GDP | 10 |
| 2000s | 81.13 GDP | 63.04 GDP | 92.04 GDP | 10 |
| 2010s | 86.56 GDP | 79.79 GDP | 93.16 GDP | 10 |
| 2020s | 78.96 GDP | 73.49 GDP | 84.33 GDP | 4 |
Countries ranked near Greenland
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 price level index in Greenland?
- Price level index in Greenland was 74.14 GDP in 2023, according to World Development Indicators, World Bank (WB).
- What is the highest price level index recorded in Greenland?
- The highest recorded value was 95.14 GDP in 1995.
- What is the lowest price level index recorded in Greenland?
- The lowest recorded value was 63.04 GDP in 2001.
- How does Greenland rank for price level index?
- Greenland ranks 40th out of 203 countries with data for 2023.
- Is price level index rising or falling in Greenland?
- Over the last ten years it is down 17.5%. The long-run trend across the full record is flat.
- Where does this Greenland data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Price level index (GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries.