Discrepancy in expenditure estimate of GDP in Greenland
Greenland: Discrepancy in expenditure estimate of GDP was 274.00 million constant LCU in 2023. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Greenland, 2010–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Greenland recorded 274.00 million constant LCU for discrepancy in expenditure estimate of gdp in 2023.
Compared with earlier readings it is up 11.1% on the previous year and up 101.6% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in Greenland peaked at 295.20 million constant LCU in 2016 and was at its lowest, 0 constant LCU, in 2011.
Greenland ranks 40th of 154 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.
Discrepancy in expenditure estimate of GDP in Greenland, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2010 | 100,000 constant LCU | — |
| 2011 | 0 constant LCU | -100.0% |
| 2012 | 86.20 million constant LCU | — |
| 2013 | 135.90 million constant LCU | +57.7% |
| 2014 | 194.20 million constant LCU | +42.9% |
| 2015 | 174.10 million constant LCU | -10.4% |
| 2016 | 295.20 million constant LCU | +69.6% |
| 2017 | 231.30 million constant LCU | -21.6% |
| 2018 | 287.30 million constant LCU | +24.2% |
| 2019 | 193.90 million constant LCU | -32.5% |
| 2020 | 110.20 million constant LCU | -43.2% |
| 2021 | 64.20 million constant LCU | -41.7% |
| 2022 | 246.70 million constant LCU | +284.3% |
| 2023 | 274.00 million constant LCU | +11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 159.82 million constant LCU | 0 constant LCU | 295.20 million constant LCU | 10 |
| 2020s | 173.78 million constant LCU | 64.20 million constant LCU | 274.00 million constant LCU | 4 |
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 discrepancy in expenditure estimate of gdp in Greenland?
- Discrepancy in expenditure estimate of gdp in Greenland was 274.00 million constant LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Greenland?
- The highest recorded value was 295.20 million constant LCU in 2016.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Greenland?
- The lowest recorded value was 0 constant LCU in 2011.
- How does Greenland rank for discrepancy in expenditure estimate of gdp?
- Greenland ranks 40th out of 154 countries with data for 2023.
- Is discrepancy in expenditure estimate of gdp rising or falling in Greenland?
- Over the last ten years it is up 101.6%. The long-run trend across the full record is volatile.
- Where does this Greenland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in constant prices, meaning the underlying series have been adjusted to account for price changes over time. The reference year for this adjustment varies by country.