Price level ratio of PPP conversion factor (GDP) to market exchange in Greenland

Greenland: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.742 in 2023. ▬ Flat

Latest (2023)
0.742
Change on year
up 1.0%
World rank
37th
of 202 countries
All-time high
0.9514
in 1995
All-time low
0.6304
in 2001
Years of data
34
1990–2023

Price level ratio of PPP conversion factor (GDP) to market exchange in Greenland, 1990–2023

00.20.40.60.811990200620231990: 0.8951991: 0.8651992: 0.911993: 0.8361994: 0.8381995: 0.9511996: 0.9121997: 0.7911998: 0.7781999: 0.7452000: 0.6422001: 0.632002: 0.6752003: 0.8452004: 0.92005: 0.8432006: 0.8432007: 0.8972008: 0.922009: 0.9182010: 0.8822011: 0.9322012: 0.8772013: 0.8992014: 0.8932015: 0.7982016: 0.8182017: 0.8462018: 0.8832019: 0.832020: 0.8432021: 0.8392022: 0.7352023: 0.742

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for price level ratio of ppp conversion factor (gdp) to market exchange in Greenland is 0.742, measured in 2023.

That represents a change of up 1.0% on the previous year and down 17.4% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Greenland peaked at 0.9514 in 1995 and was at its lowest, 0.6304, in 2001.

Greenland ranks 37th of 202 countries on this measure, in the top quarter.

Price level ratio of PPP conversion factor (GDP) to market exchange in Greenland, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Greenland, 1990 to 2023.
Year Value Change
1990 0.8952
1991 0.8648 -3.4%
1992 0.9099 +5.2%
1993 0.836 -8.1%
1994 0.8383 +0.3%
1995 0.9514 +13.5%
1996 0.9115 -4.2%
1997 0.7906 -13.3%
1998 0.7782 -1.6%
1999 0.7448 -4.3%
2000 0.6419 -13.8%
2001 0.6304 -1.8%
2002 0.6747 +7.0%
2003 0.8447 +25.2%
2004 0.8996 +6.5%
2005 0.8433 -6.3%
2006 0.8434 +0.0%
2007 0.8966 +6.3%
2008 0.9204 +2.6%
2009 0.9181 -0.2%
2010 0.8822 -3.9%
2011 0.9316 +5.6%
2012 0.8768 -5.9%
2013 0.8987 +2.5%
2014 0.8927 -0.7%
2015 0.7979 -10.6%
2016 0.8179 +2.5%
2017 0.8459 +3.4%
2018 0.8825 +4.3%
2019 0.8295 -6.0%
2020 0.8433 +1.7%
2021 0.8389 -0.5%
2022 0.7347 -12.4%
2023 0.742 +1.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.8521 0.7448 0.9514 10
2000s 0.8113 0.6304 0.9204 10
2010s 0.8656 0.7979 0.9316 10
2020s 0.7897 0.7347 0.8433 4

Countries ranked near Greenland

  1. 34 Aruba 0.7558 compare
  2. 35 France 0.7526 compare
  3. 36 Solomon Islands 0.7483 compare
  4. 38 Hong Kong, China 0.7194 compare
  5. 39 San Marino 0.7146 compare
  6. 40 Antigua and Barbuda 0.7061 compare

See the full ranking of 202 places →

More population data for Greenland

All data for Greenland →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Greenland?
Price level ratio of ppp conversion factor (gdp) to market exchange in Greenland was 0.742 in 2023, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Greenland?
The highest recorded value was 0.9514 in 1995.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Greenland?
The lowest recorded value was 0.6304 in 2001.
How does Greenland rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Greenland ranks 37th out of 202 countries with data for 2023.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Greenland?
Over the last ten years it is down 17.4%. The long-run trend across the full record is flat.
Where does this Greenland data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Greenland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 04 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/greenland/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release