Annual growth of households and NPISHs final consumption expenditure in Northern Europe
Northern Europe: Annual growth of households and NPISHs final consumption expenditure was 0.1% in 2023. ◆ Volatile
Annual growth of households and NPISHs final consumption expenditure in Northern Europe, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Northern Europe recorded 0.1% for annual growth of households and npishs final consumption expenditure in 2023.
That represents a change of down 97.7% on the previous year and down 95.3% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Northern Europe peaked at 6.9% in 2021 and was at its lowest, -10.6%, in 2020.
Northern Europe ranks 34th of 35 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of households and NPISHs final consumption expenditure in Northern Europe, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.5% | — |
| 2001 | 2.8% | -37.5% |
| 2002 | 2.7% | -6.0% |
| 2003 | 3.2% | +21.4% |
| 2004 | 3.2% | +0.5% |
| 2005 | 3.3% | +1.5% |
| 2006 | 1.8% | -43.9% |
| 2007 | 3.6% | +95.4% |
| 2008 | -0.3% | -107.8% |
| 2009 | -2.9% | +912.6% |
| 2010 | 2.2% | -178.4% |
| 2011 | 0.2% | -89.2% |
| 2012 | 1.6% | +548.5% |
| 2013 | 2.2% | +38.3% |
| 2014 | 2.5% | +14.6% |
| 2015 | 2.9% | +15.3% |
| 2016 | 3.3% | +16.1% |
| 2017 | 2.0% | -41.0% |
| 2018 | 2.1% | +6.8% |
| 2019 | 1.1% | -45.7% |
| 2020 | -10.6% | -1025.0% |
| 2021 | 6.9% | -165.6% |
| 2022 | 4.4% | -35.8% |
| 2023 | 0.1% | -97.7% |
Biggest year-on-year movements
Years where Annual growth of households and NPISHs final consumption expenditure in Northern Europe changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -1025.0% | 1.1% | -10.6% |
| 2009 | -912.6% | -0.3% | -2.9% |
| 2012 | +548.5% | 0.2% | 1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.2% | -2.9% | 4.5% | 10 |
| 2010s | 2.0% | 0.2% | 3.3% | 10 |
| 2020s | 0.2% | -10.6% | 6.9% | 4 |
Countries ranked near Northern Europe
More economy & growth data for Northern Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 6.84 million (2027)
- Gross Domestic Product — Value US$ 6.26 million million USD (2024)
- Gross Fixed Capital Formation — Value US$ 1.18 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 57,638 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 51,132 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 5.56 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 6.15 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 5.5 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 1.13 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 19.37 % (2024)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Northern Europe?
- Annual growth of households and npishs final consumption expenditure in Northern Europe was 0.1% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Northern Europe?
- The highest recorded value was 6.9% in 2021.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Northern Europe?
- The lowest recorded value was -10.6% in 2020.
- How does Northern Europe rank for annual growth of households and npishs final consumption expenditure?
- Northern Europe ranks 34th out of 35 groups with data for 2023.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Northern Europe?
- Over the last ten years it is down 95.3%. The long-run trend across the full record is volatile.
- Where does this Northern Europe data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
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