Greenland - Inflation, GDP deflator (annual %)
The value for Inflation, GDP deflator (annual %) in Greenland was 1.89 as of 2019. As the graph below shows, over the past 48 years this indicator reached a maximum value of 16.43 in 1975 and a minimum value of -3.23 in 2005.
Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1971 | 11.45 |
| 1972 | 5.70 |
| 1973 | 7.66 |
| 1974 | 15.55 |
| 1975 | 16.43 |
| 1976 | 13.19 |
| 1977 | 6.98 |
| 1978 | 9.28 |
| 1979 | 7.50 |
| 1980 | 11.56 |
| 1981 | 14.93 |
| 1982 | 13.02 |
| 1983 | 9.72 |
| 1984 | 8.87 |
| 1985 | 7.42 |
| 1986 | 4.13 |
| 1987 | 4.62 |
| 1988 | 6.35 |
| 1989 | 5.35 |
| 1990 | 5.09 |
| 1991 | 3.23 |
| 1992 | 1.55 |
| 1993 | 1.04 |
| 1994 | 0.47 |
| 1995 | 2.06 |
| 1996 | 0.98 |
| 1997 | 0.50 |
| 1998 | 0.98 |
| 1999 | 1.06 |
| 2000 | 2.11 |
| 2001 | 3.40 |
| 2002 | 3.10 |
| 2003 | 6.53 |
| 2004 | -0.54 |
| 2005 | -3.23 |
| 2006 | 2.24 |
| 2007 | -0.05 |
| 2008 | -2.01 |
| 2009 | 5.54 |
| 2010 | 2.03 |
| 2011 | 2.88 |
| 2012 | 3.45 |
| 2013 | 1.07 |
| 2014 | 0.99 |
| 2015 | 8.14 |
| 2016 | 3.54 |
| 2017 | 3.27 |
| 2018 | 0.12 |
| 2019 | 1.89 |
Aggregation method: Median
Periodicity: Annual
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices
