Greenland vs Latin America & the Caribbean (IDA & IBRD countries): Gross national expenditure (constant 2015 US$), per unit of GDP

Greenland
1 constant 2015 US$ per US$ of GDP
in 2023
Latin America & the Caribbean (IDA & IBRD countries)
0.8457 constant 2015 US$ per US$ of GDP
in 2025
Greenland rank
31st
Latin America & the Caribbean (IDA & IBRD countries) rank
28th

Gross national expenditure (constant 2015 US$), per unit of GDP over time

  • Greenland
  • Latin America & the Caribbean (IDA & IBRD countries)
02468197019972025

How they compare

Greenland currently reports 1 constant 2015 US$ per US$ of GDP against 0.8457 constant 2015 US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries), a difference of 0.1543 constant 2015 US$ per US$ of GDP.

That makes Greenland's figure about 1.2 times Latin America & the Caribbean (IDA & IBRD countries)'s.

The two have swapped places 7 times across 21 shared years of data; in 2003 it was Latin America & the Caribbean (IDA & IBRD countries) ahead.

Greenland ranks 31st and Latin America & the Caribbean (IDA & IBRD countries) ranks 28th of 163 countries.

Across the 3 decades both report, Greenland averaged higher in 2 and Latin America & the Caribbean (IDA & IBRD countries) in 1.

Head to head by decade

Decade Greenland Latin America & the Caribbean (IDA & IBRD countries) Difference Ahead
2000s 1.2 constant 2015 US$ per US$ of GDP 1.26 constant 2015 US$ per US$ of GDP 0.0622 constant 2015 US$ per US$ of GDP Latin America & the Caribbean (IDA & IBRD countries)
2010s 1.08 constant 2015 US$ per US$ of GDP 0.9257 constant 2015 US$ per US$ of GDP 0.15 constant 2015 US$ per US$ of GDP Greenland
2020s 1.03 constant 2015 US$ per US$ of GDP 0.9879 constant 2015 US$ per US$ of GDP 0.0375 constant 2015 US$ per US$ of GDP Greenland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross national expenditure (constant 2015 us$), per unit of gdp, Greenland or Latin America & the Caribbean (IDA & IBRD countries)?
Greenland, at 1 constant 2015 US$ per US$ of GDP against 0.8457 constant 2015 US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries) as of 2023.
What is the difference in gross national expenditure (constant 2015 us$), per unit of gdp between Greenland and Latin America & the Caribbean (IDA & IBRD countries)?
0.1543 constant 2015 US$ per US$ of GDP, with Greenland ahead.
How many years of comparable data are there for Greenland and Latin America & the Caribbean (IDA & IBRD countries)?
21 years are reported by both, from 2003 to 2023.
How do Greenland and Latin America & the Caribbean (IDA & IBRD countries) rank globally for gross national expenditure (constant 2015 us$), per unit of gdp?
Greenland ranks 31st and Latin America & the Caribbean (IDA & IBRD countries) ranks 28th of 163 countries.
Where does this data come from?
Statizoid (derived), published as Gross national expenditure (constant 2015 US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Greenland vs Latin America & the Caribbean (IDA & IBRD countries): Gross national expenditure (constant 2015 US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/gross-national-expenditure-constant-2015-us-per-unit-of-gdp/greenland/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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About this data

Indicator
Gross national expenditure (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
204 places, 8,398 data points, 1960–2025
Last refreshed

Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.