Final consumption expenditure (constant 2015 US$), per unit of GDP in Greenland

Greenland: Final consumption expenditure (constant 2015 US$), per unit of GDP was 0.6895 constant 2015 US$ per US$ of GDP in 2023. ▼ Falling

Latest (2023)
0.6895 constant 2015 US$ per US$ of GDP
Change on year
down 4.1%
World rank
65th
of 172 countries
All-time high
1.12 constant 2015 US$ per US$ of GDP
in 2003
All-time low
0.6895 constant 2015 US$ per US$ of GDP
in 2023
Years of data
21
2003–2023

Final consumption expenditure (constant 2015 US$), per unit of GDP in Greenland, 2003–2023

00.250.50.7512003201320232003: 1.1 constant 2015 US$ per US$ of GDP2004: 1 constant 2015 US$ per US$ of GDP2005: 1 constant 2015 US$ per US$ of GDP2006: 0.967 constant 2015 US$ per US$ of GDP2007: 0.872 constant 2015 US$ per US$ of GDP2008: 0.809 constant 2015 US$ per US$ of GDP2009: 0.826 constant 2015 US$ per US$ of GDP2010: 0.822 constant 2015 US$ per US$ of GDP2011: 0.768 constant 2015 US$ per US$ of GDP2012: 0.791 constant 2015 US$ per US$ of GDP2013: 0.781 constant 2015 US$ per US$ of GDP2014: 0.739 constant 2015 US$ per US$ of GDP2015: 0.839 constant 2015 US$ per US$ of GDP2016: 0.787 constant 2015 US$ per US$ of GDP2017: 0.757 constant 2015 US$ per US$ of GDP2018: 0.723 constant 2015 US$ per US$ of GDP2019: 0.755 constant 2015 US$ per US$ of GDP2020: 0.719 constant 2015 US$ per US$ of GDP2021: 0.693 constant 2015 US$ per US$ of GDP2022: 0.719 constant 2015 US$ per US$ of GDP2023: 0.689 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

The most recent figure for final consumption expenditure (constant 2015 us$), per unit of gdp in Greenland is 0.6895 constant 2015 US$ per US$ of GDP, measured in 2023. That is the lowest value across all 21 years on record.

Compared with earlier readings it is down 4.1% on the previous year and down 11.7% over ten years.

Over the whole period, final consumption expenditure (constant 2015 us$), per unit of gdp in Greenland peaked at 1.12 constant 2015 US$ per US$ of GDP in 2003 and was at its lowest, 0.6895 constant 2015 US$ per US$ of GDP, in 2023.

That places Greenland 65th out of 172 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 21 years of available data.

Final consumption expenditure (constant 2015 US$), per unit of GDP in Greenland, year by year

Annual values for Final consumption expenditure (constant 2015 US$), per unit of GDP in Greenland, 2003 to 2023.
Year constant 2015 US$ per US$ of GDP Change
2003 1.12 constant 2015 US$ per US$ of GDP
2004 1 constant 2015 US$ per US$ of GDP -10.1%
2005 1.01 constant 2015 US$ per US$ of GDP +1.1%
2006 0.9666 constant 2015 US$ per US$ of GDP -4.7%
2007 0.8721 constant 2015 US$ per US$ of GDP -9.8%
2008 0.8089 constant 2015 US$ per US$ of GDP -7.2%
2009 0.826 constant 2015 US$ per US$ of GDP +2.1%
2010 0.8225 constant 2015 US$ per US$ of GDP -0.4%
2011 0.7682 constant 2015 US$ per US$ of GDP -6.6%
2012 0.7906 constant 2015 US$ per US$ of GDP +2.9%
2013 0.7808 constant 2015 US$ per US$ of GDP -1.2%
2014 0.7394 constant 2015 US$ per US$ of GDP -5.3%
2015 0.8391 constant 2015 US$ per US$ of GDP +13.5%
2016 0.7873 constant 2015 US$ per US$ of GDP -6.2%
2017 0.757 constant 2015 US$ per US$ of GDP -3.8%
2018 0.7228 constant 2015 US$ per US$ of GDP -4.5%
2019 0.7547 constant 2015 US$ per US$ of GDP +4.4%
2020 0.7195 constant 2015 US$ per US$ of GDP -4.7%
2021 0.6928 constant 2015 US$ per US$ of GDP -3.7%
2022 0.7186 constant 2015 US$ per US$ of GDP +3.7%
2023 0.6895 constant 2015 US$ per US$ of GDP -4.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.9437 constant 2015 US$ per US$ of GDP 0.8089 constant 2015 US$ per US$ of GDP 1.12 constant 2015 US$ per US$ of GDP 7
2010s 0.7762 constant 2015 US$ per US$ of GDP 0.7228 constant 2015 US$ per US$ of GDP 0.8391 constant 2015 US$ per US$ of GDP 10
2020s 0.7051 constant 2015 US$ per US$ of GDP 0.6895 constant 2015 US$ per US$ of GDP 0.7195 constant 2015 US$ per US$ of GDP 4

Countries ranked near Greenland

  1. 62 Cuba 0.6964 constant 2015 US$ per US$ of GDP compare
  2. 63 Türkiye 0.6934 constant 2015 US$ per US$ of GDP compare
  3. 64 Kyrgyzstan 0.6921 constant 2015 US$ per US$ of GDP compare
  4. 66 Rwanda 0.6877 constant 2015 US$ per US$ of GDP compare
  5. 67 Nicaragua 0.6873 constant 2015 US$ per US$ of GDP compare
  6. 68 United Kingdom of Great Britain and Northern Ireland 0.6869 constant 2015 US$ per US$ of GDP compare

See the full ranking of 214 places →

More economy & growth data for Greenland

All data for Greenland →

Frequently asked questions

What is final consumption expenditure (constant 2015 us$), per unit of gdp in Greenland?
Final consumption expenditure (constant 2015 us$), per unit of gdp in Greenland was 0.6895 constant 2015 US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest final consumption expenditure (constant 2015 us$), per unit of gdp recorded in Greenland?
The highest recorded value was 1.12 constant 2015 US$ per US$ of GDP in 2003.
What is the lowest final consumption expenditure (constant 2015 us$), per unit of gdp recorded in Greenland?
The lowest recorded value was 0.6895 constant 2015 US$ per US$ of GDP in 2023.
How does Greenland rank for final consumption expenditure (constant 2015 us$), per unit of gdp?
Greenland ranks 65th out of 172 countries with data for 2023.
Is final consumption expenditure (constant 2015 us$), per unit of gdp rising or falling in Greenland?
Over the last ten years it is down 11.7%. The long-run trend across the full record is falling.
Where does this Greenland data come from?
The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Final consumption expenditure (constant 2015 US$), per unit of GDP in Greenland. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/stat/final-consumption-expenditure-constant-2015-us-per-unit-of-gdp/greenland/

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How this figure is calculated

Final consumption 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.

Final consumption expenditure (constant 2015 US$) ÷ GDP (current US$)

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Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Final consumption 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
214 places, 9,103 data points, 1960–2025
Last refreshed

Final consumption 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.