Annual growth of the general government final consumption expenditure in Greenland
Greenland: Annual growth of the general government final consumption expenditure was 2.2% in 2023. ◆ Volatile
Annual growth of the general government final consumption expenditure in Greenland, 2004–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, annual growth of the general government final consumption expenditure in Greenland stood at 2.2%.
Compared with earlier readings it is up 225.5% on the previous year and down 47.3% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Greenland peaked at 6.0% in 2008 and was at its lowest, -2.9%, in 2020.
That places Greenland 85th out of 181 countries with data for 2023, putting it 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 the general government final consumption expenditure in Greenland, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 1.0% | — |
| 2005 | -1.3% | -221.1% |
| 2006 | 4.7% | -477.5% |
| 2007 | 0.4% | -90.6% |
| 2008 | 6.0% | +1238.2% |
| 2009 | 5.9% | -1.2% |
| 2010 | -2.5% | -142.0% |
| 2011 | -0.1% | -97.8% |
| 2012 | 1.0% | -1887.1% |
| 2013 | 4.1% | +322.3% |
| 2014 | -0.2% | -104.6% |
| 2015 | -0.6% | +194.5% |
| 2016 | 1.8% | -417.6% |
| 2017 | 1.7% | -6.3% |
| 2018 | 3.0% | +81.7% |
| 2019 | 4.0% | +32.9% |
| 2020 | -2.9% | -172.2% |
| 2021 | 2.3% | -178.4% |
| 2022 | -1.7% | -176.5% |
| 2023 | 2.2% | -225.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.8% | -1.3% | 6.0% | 6 |
| 2010s | 1.2% | -2.5% | 4.1% | 10 |
| 2020s | -0.0% | -2.9% | 2.3% | 4 |
Countries ranked near Greenland
- 82 India 2.3% compare
- 83 Azerbaijan 2.2% compare
- 84 Iceland 2.2% compare
- 86 Republic of Korea 2.1% compare
- 86 Korea 2.1% compare
- 88 New Zealand 2.0% compare
More economy & growth data for Greenland
- General government final consumption expenditure (constant 2015 US$) 21,468 constant 2015 US$ per person (2023)
- Gross national expenditure (current US$), annual growth rate 4.12 % change on previous year (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Gross national expenditure (current US$), per capita 64,520 current US$ per person (2023)
- Gross national expenditure (current LCU), annual growth rate 1.37 % change on previous year (2023)
- Households and NPISHs Final consumption expenditure (current US$) 5.29 % change on previous year (2023)
- Gross national expenditure (current LCU), per unit of GDP 7.6 current LCU per US$ of GDP (2023)
- Gross national expenditure (current LCU), per capita 444,525 current LCU per person (2023)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.3182 % change on previous year (2023)
- Exports of goods and services (current LCU), annual growth rate 2.77 % change on previous year (2023)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Greenland?
- Annual growth of the general government final consumption expenditure in Greenland was 2.2% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Greenland?
- The highest recorded value was 6.0% in 2008.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Greenland?
- The lowest recorded value was -2.9% in 2020.
- How does Greenland rank for annual growth of the general government final consumption expenditure?
- Greenland ranks 85th out of 181 countries with data for 2023.
- Is annual growth of the general government final consumption expenditure rising or falling in Greenland?
- Over the last ten years it is down 47.3%. The long-run trend across the full record is volatile.
- Where does this Greenland data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under UN SDG Global Database (open, attribution requested).