Greenland Gross Domestic Product: Purchasing Power Parity
GDP per Capita: PPP
GDP per Capita: PPP data was reported at 68,086.460 Intl $ in 2021. This records an increase from the previous number of 64,857.629 Intl $ for 2020. GDP per Capita: PPP data is updated yearly, averaging 40,283.810 Intl $ from Dec 1990 (Median) to 2021, with 32 observations. The data reached an all-time high of 68,086.460 Intl $ in 2021 and a record low of 20,092.096 Intl $ in 1993. GDP per Capita: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. This indicator provides per capita values for gross domestic product (GDP) expressed in current international dollars converted by purchasing power parity (PPP) conversion factor. GDP is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. conversion factor is a spatial price deflator and currency converter that controls for price level differences between countries. Total population is a mid-year population based on the de facto definition of population, which counts all residents regardless of legal status or citizenship.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 68,086.460 2021 | yearly | 1990 - 2021 |
View Greenland's GDP per Capita: PPP from 1990 to 2021 in the chart:
GDP per Capita: PPP: 2021 Price
GDP per Capita: PPP: 2021 Price data was reported at 68,086.460 Intl $ in 2021. This records an increase from the previous number of 67,560.254 Intl $ for 2020. GDP per Capita: PPP: 2021 Price data is updated yearly, averaging 52,987.221 Intl $ from Dec 1990 (Median) to 2021, with 32 observations. The data reached an all-time high of 68,086.460 Intl $ in 2021 and a record low of 34,108.678 Intl $ in 1993. GDP per Capita: PPP: 2021 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2021 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 68,086.460 2021 | yearly | 1990 - 2021 |
View Greenland's GDP per Capita: PPP: 2021 Price from 1990 to 2021 in the chart:
GDP: PPP
GDP: PPP data was reported at 4,483.271 Intl $ mn in 2023. This records an increase from the previous number of 4,290.395 Intl $ mn for 2022. GDP: PPP data is updated yearly, averaging 2,386.809 Intl $ mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 4,483.271 Intl $ mn in 2023 and a record low of 1,109.084 Intl $ mn in 1993. GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. This indicator provides values for gross domestic product (GDP) 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. 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.;International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/databrowser/explore/all/all_themes, publisher: Eurostat, date accessed: Periodical update; The OECD PPP Programme, Organisation for Economic Co-operation and Development (OECD), uri: https://data-https://data-explorer.oecd.org/, publisher: OECD, date accessed: Periodical update; Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 4,483.271 2023 | yearly | 1990 - 2023 |
View Greenland's GDP: PPP from 1990 to 2023 in the chart:
GDP: PPP: 2021 Price
GDP: PPP: 2021 Price data was reported at 4,039.550 Intl $ mn in 2023. This records an increase from the previous number of 4,004.869 Intl $ mn for 2022. GDP: PPP: 2021 Price data is updated yearly, averaging 3,136.462 Intl $ mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 4,039.550 Intl $ mn in 2023 and a record low of 1,908.725 Intl $ mn in 1993. GDP: PPP: 2021 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. This indicator provides values for gross domestic product (GDP) expressed in constant 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 indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. 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.;International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/databrowser/explore/all/all_themes, publisher: Eurostat; The OECD PPP Programme, Organisation for Economic Co-operation and Development (OECD), uri: https://data-explorer.oecd.org/, publisher: OECD; Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 4,039.550 2023 | yearly | 1990 - 2023 |
View Greenland's GDP: PPP: 2021 Price from 1990 to 2023 in the chart:
GDP: PPP: 2021 Price: Final Consumption Expenditure: Households and NPISHs
GDP: PPP: 2021 Price: Final Consumption Expenditure: Households and NPISHs data was reported at 1,299.469 Intl $ mn in 2023. This records an increase from the previous number of 1,298.553 Intl $ mn for 2022. GDP: PPP: 2021 Price: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging 1,191.190 Intl $ mn from Dec 2003 (Median) to 2023, with 21 observations. The data reached an all-time high of 1,299.469 Intl $ mn in 2023 and a record low of 994.706 Intl $ mn in 2003. GDP: PPP: 2021 Price: Final Consumption Expenditure: Households and NPISHs data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. This indicator provides values for final consumption expenditure expressed in constant 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. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. 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.;International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/databrowser/explore/all/all_themes, publisher: Eurostat; The OECD PPP Programme, Organisation for Economic Co-operation and Development (OECD), uri: https://data-explorer.oecd.org/, publisher: OECD; Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,299.469 2023 | yearly | 2003 - 2023 |
View Greenland's GDP: PPP: 2021 Price: Final Consumption Expenditure: Households and NPISHs from 2003 to 2023 in the chart:
GDP: PPP: Final Consumption Expenditure: Households and NPISHs
GDP: PPP: Final Consumption Expenditure: Households and NPISHs data was reported at 1,291.145 Intl $ mn in 2021. This records an increase from the previous number of 1,195.196 Intl $ mn for 2017. GDP: PPP: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging 1,195.196 Intl $ mn from Dec 2017 (Median) to 2021, with 2 observations. The data reached an all-time high of 1,291.145 Intl $ mn in 2021 and a record low of 1,195.196 Intl $ mn in 2017. GDP: PPP: Final Consumption Expenditure: Households and NPISHs data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. This indicator provides values for final consumption expenditure 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. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. 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. 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.;International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/databrowser/explore/all/all_themes, publisher: Eurostat; The OECD PPP Programme, Organisation for Economic Co-operation and Development (OECD), uri: https://data-explorer.oecd.org/, publisher: OECD; Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,291.145 2021 | yearly | 2017 - 2021 |
View Greenland's GDP: PPP: Final Consumption Expenditure: Households and NPISHs from 2017 to 2021 in the chart:
PPP Conversion Factor: GDP
PPP Conversion Factor: GDP data was reported at 5.274 DKK/Intl $ in 2021. This records a decrease from the previous number of 5.517 DKK/Intl $ for 2020. PPP Conversion Factor: GDP data is updated yearly, averaging 5.280 DKK/Intl $ from Dec 1990 (Median) to 2021, with 32 observations. The data reached an all-time high of 5.586 DKK/Intl $ in 2017 and a record low of 4.692 DKK/Intl $ in 2008. PPP Conversion Factor: GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity (PPP) conversion factor is a spatial price deflator and currency converter that controls for price level differences between countries, thereby allowing volume comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for GDP.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;;
| Last | Frequency | Range |
|---|---|---|
| 5.274 2021 | yearly | 1990 - 2021 |
View Greenland's PPP Conversion Factor: GDP from 1990 to 2021 in the chart:
PPP Conversion Factor: Private Consumption
PPP Conversion Factor: Private Consumption data was reported at 5.486 DKK/Intl $ in 2021. This records a decrease from the previous number of 5.797 DKK/Intl $ for 2017. PPP Conversion Factor: Private Consumption data is updated yearly, averaging 5.641 DKK/Intl $ from Dec 2017 (Median) to 2021, with 2 observations. The data reached an all-time high of 5.797 DKK/Intl $ in 2017 and a record low of 5.486 DKK/Intl $ in 2021. PPP Conversion Factor: Private Consumption data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity (PPP) conversion factor is a spatial price deflator and currency converter that controls for price level differences between countries, thereby allowing volume comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for household final consumption expenditure.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;;
| Last | Frequency | Range |
|---|---|---|
| 5.486 2021 | yearly | 2017 - 2021 |
View Greenland's PPP Conversion Factor: Private Consumption from 2017 to 2021 in the chart:
PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio
PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.742 Ratio in 2023. This records an increase from the previous number of 0.735 Ratio for 2022. PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 0.843 Ratio from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 0.951 Ratio in 1995 and a record low of 0.630 Ratio in 2001. PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greenland – Table GL.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. The price level ratio, or price level index, is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries. 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.;World Development Indicators, World Bank (WB), uri: https://databank.worldbank.org/source/world-development-indicators, publisher: World Development Indicators, type: International database;No aggregation provided for this indicator.;
| Last | Frequency | Range |
|---|---|---|
| 0.742 2023 | yearly | 1990 - 2023 |