DEC alternative conversion factor (LCU per US$) (UNESCO Institute) in Greenland

Greenland: DEC alternative conversion factor (LCU per US$) (UNESCO Institute) was 6.89 LCU per US$ in 2024. ▼ Falling

Latest (2024)
6.89 LCU per US$
Change on year
up 0.1%
World rank
115th
of 212 countries
All-time high
10.6 LCU per US$
in 1985
All-time low
5.1 LCU per US$
in 2008
Years of data
55
1970–2024

DEC alternative conversion factor in Greenland, 1970–2024

02.557.510197019972024

Source: UNESCO Institute for Statistics. Measured in LCU per US$.

Analysis

Greenland recorded 6.89 LCU per US$ for dec alternative conversion factor in 2024.

The figure is up 0.1% on the previous year and up 22.8% 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.

Greenland ranks 115th of 212 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 55 years of available data.

DEC alternative conversion factor (LCU per US$) (UNESCO Institute) in Greenland, year by year

Annual values for DEC alternative conversion factor (LCU per US$) in Greenland, 1970 to 2024.
Year LCU per US$ Change
1970 7.5 LCU per US$ —
1971 7.43 LCU per US$ -1.0%
1972 6.95 LCU per US$ -6.4%
1973 6.05 LCU per US$ -12.9%
1974 6.09 LCU per US$ +0.8%
1975 5.75 LCU per US$ -5.7%
1976 6.05 LCU per US$ +5.2%
1977 6 LCU per US$ -0.7%
1978 5.51 LCU per US$ -8.1%
1979 5.26 LCU per US$ -4.6%
1980 5.64 LCU per US$ +7.1%
1981 7.12 LCU per US$ +26.4%
1982 8.33 LCU per US$ +17.0%
1983 9.14 LCU per US$ +9.8%
1984 10.36 LCU per US$ +13.2%
1985 10.6 LCU per US$ +2.3%
1986 8.09 LCU per US$ -23.6%
1987 6.84 LCU per US$ -15.5%
1988 6.73 LCU per US$ -1.6%
1989 7.31 LCU per US$ +8.6%
1990 6.19 LCU per US$ -15.3%
1991 6.4 LCU per US$ +3.4%
1992 6.04 LCU per US$ -5.6%
1993 6.48 LCU per US$ +7.4%
1994 6.36 LCU per US$ -1.9%
1995 5.6 LCU per US$ -11.9%
1996 5.8 LCU per US$ +3.5%
1997 6.6 LCU per US$ +13.9%
1998 6.7 LCU per US$ +1.5%
1999 6.98 LCU per US$ +4.1%
2000 8.08 LCU per US$ +15.9%
2001 8.32 LCU per US$ +3.0%
2002 7.89 LCU per US$ -5.1%
2003 6.59 LCU per US$ -16.6%
2004 5.99 LCU per US$ -9.1%
2005 6 LCU per US$ +0.1%
2006 5.95 LCU per US$ -0.8%
2007 5.44 LCU per US$ -8.5%
2008 5.1 LCU per US$ -6.3%
2009 5.36 LCU per US$ +5.2%
2010 5.62 LCU per US$ +4.9%
2011 5.37 LCU per US$ -4.5%
2012 5.79 LCU per US$ +7.9%
2013 5.62 LCU per US$ -3.0%
2014 5.61 LCU per US$ -0.1%
2015 6.73 LCU per US$ +19.9%
2016 6.73 LCU per US$ +0.1%
2017 6.6 LCU per US$ -1.9%
2018 6.31 LCU per US$ -4.4%
2019 6.67 LCU per US$ +5.6%
2020 6.54 LCU per US$ -1.9%
2021 6.29 LCU per US$ -3.9%
2022 7.08 LCU per US$ +12.6%
2023 6.89 LCU per US$ -2.6%
2024 6.89 LCU per US$ +0.1%

Greenland compared with similar countries

  • Greenland's 6.89 LCU per US$ is above the median for high income countries, which is 1 LCU per US$, 6.9× the median. (83 countries reporting)
  • Greenland's 6.89 LCU per US$ is above the median for Europe & Central Asia, which is 1.7 LCU per US$, 4.1× the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
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 6.74 LCU per US$ 6.29 LCU per US$ 7.08 LCU per US$ 5

Countries ranked near Greenland

  1. 112 Guatemala 7.76 LCU per US$ compare
  2. 113 China 7.2 LCU per US$ compare
  3. 114 Bolivia 6.91 LCU per US$ compare
  4. 115 Denmark 6.89 LCU per US$ compare
  5. 117 Faroe Islands 6.89 LCU per US$ compare
  6. 118 Trinidad and Tobago 6.75 LCU per US$ compare

See the full ranking of 212 places →

More population data for Greenland

All data for Greenland →

Frequently asked questions

What is dec alternative conversion factor in Greenland?
Dec alternative conversion factor in Greenland was 6.89 LCU per US$ in 2024, according to UNESCO Institute for Statistics.
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 115th out of 212 countries with data for 2024.
Is dec alternative conversion factor rising or falling in Greenland?
Over the last ten years it is up 22.8%. The long-run trend across the full record is falling.
Where does this Greenland data come from?
The figures come from UNESCO Institute for Statistics, published as part of DEC alternative conversion factor (LCU per US$). Statizoid updates them automatically from the source API.

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DEC alternative conversion factor in Greenland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 12 November 2026, from https://population.statizoid.com/stat/dec-alternative-conversion-factor-lcu-per-us-2/greenland/

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About this data

Indicator
DEC alternative conversion factor (LCU per US$)
Unit
LCU per US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,748 data points, 1970–2024
Last refreshed

February 2026 Data Release