Annual growth of general government final consumption expenditure in Greenland
Greenland: Annual growth of general government final consumption expenditure was 1.45 in 2021. ◆ Volatile
Annual growth of general government final consumption expenditure in Greenland, 2004–2021
Source: Our World in Data.
Analysis
The most recent figure for annual growth of general government final consumption expenditure in Greenland is 1.45, measured in 2021.
Compared with earlier readings it is up 181.9% on the previous year and up 3,000.0% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Greenland peaked at 5.96 in 2008 and was at its lowest, -2.47, in 2010.
Greenland ranks 98th of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Greenland, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 1.04 | — |
| 2005 | -1.26 | -221.2% |
| 2006 | 4.74 | -476.2% |
| 2007 | 0.45 | -90.5% |
| 2008 | 5.96 | +1224.4% |
| 2009 | 5.89 | -1.2% |
| 2010 | -2.47 | -141.9% |
| 2011 | -0.05 | -98.0% |
| 2012 | 0.97 | -2040.0% |
| 2013 | 4.12 | +324.7% |
| 2014 | -0.19 | -104.6% |
| 2015 | -0.56 | +194.7% |
| 2016 | 1.77 | -416.1% |
| 2017 | 1.66 | -6.2% |
| 2018 | 3.01 | +81.3% |
| 2019 | 4.01 | +33.2% |
| 2020 | -1.77 | -144.1% |
| 2021 | 1.45 | -181.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.8 | -1.26 | 5.96 | 6 |
| 2010s | 1.23 | -2.47 | 4.12 | 10 |
| 2020s | -0.16 | -1.77 | 1.45 | 2 |
Countries ranked near Greenland
More economy & growth data for Greenland
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.28 % change on previous year (2023)
- Gross value added at basic prices (GVA) (current US$), per capita 56,154 current US$ per person (2023)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.66 % change on previous year (2023)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 6.61 current LCU per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (current LCU), per capita 386,886 current LCU per person (2023)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 49,674 constant 2015 US$ per person (2023)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 4.9 constant LCU per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.28 % change on previous year (2023)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9599 current US$ per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8491 constant 2015 US$ per US$ of GDP (2023)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Greenland?
- Annual growth of general government final consumption expenditure in Greenland was 1.45 in 2021, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Greenland?
- The highest recorded value was 5.96 in 2008.
- What is the lowest annual growth of general government final consumption expenditure recorded in Greenland?
- The lowest recorded value was -2.47 in 2010.
- How does Greenland rank for annual growth of general government final consumption expenditure?
- Greenland ranks 98th out of 167 countries with data for 2021.
- Is annual growth of general government final consumption expenditure rising or falling in Greenland?
- Over the last ten years it is up 3,000.0%. The long-run trend across the full record is volatile.
- Where does this Greenland data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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