Greenland PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Greenland's ppp conversion factor was 4.86 in 2025, ranked 104th globally. This represents a 4.9% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
Greenland's ppp conversion factor stood at 4.86 in 2025, a decline of +0.25 from 2023. Based on recent trends, this figure is projected to reach 4.86 by 2025. Greenland ranked 104th globally.
Greenland’s purchasing‑power‑parity (PPP) conversion factor stood at 4.86 in 2025, placing the country 104th in the global ranking and reflecting a modest decline from its all‑time peak of 5.59 recorded in 2017. The factor fell to a trough of 4.69 in 2008 before gradually recovering, yet it remains below the 1990 level of 5.54, indicating persistent relative price differentials with the United States dollar. Compared with peer economies, Greenland’s 2025 figure exceeds Ghana’s 4.61 but trails Botswana’s 5.25 and Hong Kong SAR’s 5.33, suggesting that domestic price levels are higher than in some lower‑income nations but lower than in more developed or high‑cost jurisdictions. The 35‑year coverage shows a long‑term downward bias, driven by structural shifts in the cost of imported goods and limited domestic production diversification. Continued investment in local industry and improved logistics could reverse this trajectory, potentially nudging the PPP conversion factor upward in the coming decade.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 4.75 | - | - |
| 2025* trend | 4.86 | - | - |
| 2025 | 4.86 | −0.25 | #104 |
| 2023 | 5.11 | −0.09 | #98 |
| 2022 | 5.20 | −0.07 | #100 |
| 2021 | 5.27 | −0.24 | #101 |
| 2020 | 5.52 | −0.02 | #102 |
| 2019 | 5.53 | −0.04 | #103 |
| 2018 | 5.57 | −0.01 | #103 |
| 2017 | 5.59 | +0.08 | #106 |
| 2016 | 5.51 | +0.14 | #107 |
| 2015 | 5.37 | +0.36 | #108 |
| 2014 | 5.01 | −0.04 | #108 |
| 2013 | 5.05 | −0.03 | #110 |
| 2012 | 5.08 | +0.08 | #110 |
| 2011 | 5.00 | +0.04 | #113 |
| 2010 | 4.96 | +0.04 | #111 |
Analysis
Greenland's ppp conversion factor was 4.86 in 2025, a decline of −0.25 from 2024. Based on trends, estimated 4.86 by 2025.
Frequently Asked Questions
Greenland's ppp conversion factor was 4.86 in 2025. Ranked 104th globally. This represents a 4.9% decrease from the previous year.
Greenland's ppp conversion factor peaked at 5.59 in 2017.
The lowest ppp conversion factor in Greenland was 4.69 in 2008.
Greenland ranks 104th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Greenland's ppp conversion factor is projected to reach 4.86 by 2025 based on trend extrapolation.
The ppp conversion factor of Greenland in 2025 was 4.86. This ranks 104th in the world.
Cite this page
@misc{historysaid_greenland_ppp-conversion-factor,
title = {Greenland PPP Conversion Factor},
url = {https://historysaid.com/greenland/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}