GDP deflator (base year varies by country), annual growth rate in Greenland

Greenland: GDP deflator (base year varies by country), annual growth rate was 1.86 % change on previous year in 2023. ◆ Volatile

Latest (2023)
1.86 % change on previous year
Change on year
down 66.8%
World rank
168th
of 211 countries
All-time high
16.43 % change on previous year
in 1975
All-time low
-3.23 % change on previous year
in 2005
Years of data
53
1971–2023

GDP deflator (base year varies by country), annual growth rate in Greenland, 1971–2023

-5051015197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, gdp deflator (base year varies by country), annual growth rate in Greenland stood at 1.86 % change on previous year.

The figure is down 66.8% on the previous year and up 74.6% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Greenland peaked at 16.43 % change on previous year in 1975 and was at its lowest, -3.23 % change on previous year, in 2005.

Greenland ranks 168th of 211 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP deflator (base year varies by country), annual growth rate in Greenland, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Greenland, 1971 to 2023.
Year % change on previous year Change
1971 11.45 % change on previous year
1972 5.7 % change on previous year -50.2%
1973 7.66 % change on previous year +34.5%
1974 15.55 % change on previous year +103.0%
1975 16.43 % change on previous year +5.6%
1976 13.19 % change on previous year -19.7%
1977 6.98 % change on previous year -47.1%
1978 9.28 % change on previous year +32.9%
1979 7.5 % change on previous year -19.1%
1980 11.56 % change on previous year +54.1%
1981 14.93 % change on previous year +29.1%
1982 13.02 % change on previous year -12.8%
1983 9.72 % change on previous year -25.3%
1984 8.87 % change on previous year -8.7%
1985 7.42 % change on previous year -16.3%
1986 4.13 % change on previous year -44.4%
1987 4.62 % change on previous year +11.9%
1988 6.35 % change on previous year +37.4%
1989 5.35 % change on previous year -15.8%
1990 5.09 % change on previous year -4.8%
1991 3.23 % change on previous year -36.7%
1992 1.55 % change on previous year -52.1%
1993 1.04 % change on previous year -32.6%
1994 0.4684 % change on previous year -55.0%
1995 2.06 % change on previous year +339.0%
1996 0.98 % change on previous year -52.3%
1997 0.4967 % change on previous year -49.3%
1998 0.9785 % change on previous year +97.0%
1999 1.06 % change on previous year +8.4%
2000 2.11 % change on previous year +99.0%
2001 3.4 % change on previous year +61.2%
2002 3.1 % change on previous year -8.8%
2003 6.53 % change on previous year +110.5%
2004 -0.5385 % change on previous year -108.2%
2005 -3.23 % change on previous year +499.7%
2006 2.24 % change on previous year -169.3%
2007 -0.0476 % change on previous year -102.1%
2008 -2.01 % change on previous year +4133.0%
2009 5.54 % change on previous year -375.1%
2010 2.03 % change on previous year -63.4%
2011 2.88 % change on previous year +42.2%
2012 3.45 % change on previous year +19.5%
2013 1.07 % change on previous year -69.0%
2014 0.9901 % change on previous year -7.2%
2015 8.14 % change on previous year +722.6%
2016 3.54 % change on previous year -56.6%
2017 3.27 % change on previous year -7.7%
2018 1.85 % change on previous year -43.5%
2019 0.745 % change on previous year -59.7%
2020 0.8597 % change on previous year +15.4%
2021 0.7978 % change on previous year -7.2%
2022 5.61 % change on previous year +602.8%
2023 1.86 % change on previous year -66.8%

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.42 % change on previous year 5.7 % change on previous year 16.43 % change on previous year 9
1980s 8.6 % change on previous year 4.13 % change on previous year 14.93 % change on previous year 10
1990s 1.69 % change on previous year 0.4684 % change on previous year 5.09 % change on previous year 10
2000s 1.71 % change on previous year -3.23 % change on previous year 6.53 % change on previous year 10
2010s 2.8 % change on previous year 0.745 % change on previous year 8.14 % change on previous year 10
2020s 2.28 % change on previous year 0.7978 % change on previous year 5.61 % change on previous year 4

Countries ranked near Greenland

  1. 165 Trinidad and Tobago 1.98 % change on previous year compare
  2. 166 Belgium 1.94 % change on previous year compare
  3. 167 Jordan 1.9 % change on previous year compare
  4. 169 Denmark 1.82 % change on previous year compare
  5. 170 El Salvador 1.81 % change on previous year compare
  6. 171 Cape Verde 1.72 % change on previous year compare

See the full ranking of 211 places →

More population data for Greenland

All data for Greenland →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Greenland?
Gdp deflator (base year varies by country), annual growth rate in Greenland was 1.86 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Greenland?
The highest recorded value was 16.43 % change on previous year in 1975.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Greenland?
The lowest recorded value was -3.23 % change on previous year in 2005.
How does Greenland rank for gdp deflator (base year varies by country), annual growth rate?
Greenland ranks 168th out of 211 countries with data for 2023.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Greenland?
Over the last ten years it is up 74.6%. The long-run trend across the full record is volatile.
Where does this Greenland data come from?
The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

GDP deflator (base year varies by country), annual growth rate in Greenland. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/greenland/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/greenland/">GDP deflator (base year varies by country), annual growth rate in Greenland</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.