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
Final consumption expenditure (constant 2015 US$), per unit of GDP in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant 2015 US$ 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$), per unit of GDP in Greenland, year by year
| Year | constant 2015 US$ 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
| Decade | Average | Lowest | Highest | 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
- 62 Cuba 0.6964 constant 2015 US$ per US$ of GDP compare
- 63 Türkiye 0.6934 constant 2015 US$ per US$ of GDP compare
- 64 Kyrgyzstan 0.6921 constant 2015 US$ per US$ of GDP compare
- 66 Rwanda 0.6877 constant 2015 US$ per US$ of GDP compare
- 67 Nicaragua 0.6873 constant 2015 US$ per US$ of GDP compare
- 68 United Kingdom of Great Britain and Northern Ireland 0.6869 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Greenland
- Exports of goods and services (current LCU), per unit of GDP 2.81 current LCU per US$ of GDP (2023)
- Exports of goods and services (current US$), annual growth rate 5.55 % change on previous year (2023)
- Final consumption expenditure (current US$), per capita 43,463 current US$ per person (2023)
- Exports of goods and services (current US$), per unit of GDP 0.408 current US$ per US$ of GDP (2023)
- Exports of goods and services (current US$), per capita 23,867 current US$ per person (2023)
- Exports of goods and services (current LCU), annual growth rate 2.77 % change on previous year (2023)
- Imports of goods and services (current US$), per unit of GDP 0.5109 current US$ per US$ of GDP (2023)
- Exports of goods and services (constant 2015 US$), per capita 18,981 constant 2015 US$ per person (2023)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3245 constant 2015 US$ per US$ of GDP (2023)
- Final consumption expenditure (current US$), per unit of GDP 0.743 current US$ per US$ of GDP (2023)
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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (constant 2015 US$) 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$)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.