Final consumption expenditure (current US$), annual growth rate in Greenland
Greenland: Final consumption expenditure (current US$), annual growth rate was 6.03 % change on previous year in 2023. ◆ Volatile
Final consumption expenditure (current US$), annual growth rate in Greenland, 2004–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Greenland recorded 6.03 % change on previous year for final consumption expenditure (current us$), annual growth rate in 2023.
The figure is up 161.5% on the previous year and up 12.3% over ten years.
Over the whole period, final consumption expenditure (current us$), annual growth rate in Greenland peaked at 18.08 % change on previous year in 2004 and was at its lowest, -15.72 % change on previous year, in 2015.
That places Greenland 128th out of 187 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$), annual growth rate in Greenland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | 18.08 % change on previous year | — |
| 2005 | 1.68 % change on previous year | -90.7% |
| 2006 | 5.94 % change on previous year | +254.1% |
| 2007 | 13.13 % change on previous year | +121.0% |
| 2008 | 12.35 % change on previous year | -5.9% |
| 2009 | 0.1113 % change on previous year | -99.1% |
| 2010 | -3.29 % change on previous year | -3056.2% |
| 2011 | 7.88 % change on previous year | -339.5% |
| 2012 | -5.21 % change on previous year | -166.1% |
| 2013 | 5.37 % change on previous year | -203.0% |
| 2014 | 2.49 % change on previous year | -53.6% |
| 2015 | -15.72 % change on previous year | -730.6% |
| 2016 | 3.03 % change on previous year | -119.3% |
| 2017 | 4.54 % change on previous year | +49.8% |
| 2018 | 7.05 % change on previous year | +55.3% |
| 2019 | -2.27 % change on previous year | -132.2% |
| 2020 | 1.61 % change on previous year | -170.9% |
| 2021 | 7.63 % change on previous year | +373.9% |
| 2022 | -9.8 % change on previous year | -228.4% |
| 2023 | 6.03 % change on previous year | -161.5% |
Greenland compared with similar countries
- Greenland's 6.03 % change on previous year is below the median for high income countries, which is 8.19 % change on previous year, 74% of the median. (67 countries reporting)
- Greenland's 6.03 % change on previous year is below the median for Europe & Central Asia, which is 11.04 % change on previous year, 55% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Final consumption expenditure (current US$), annual growth rate in Greenland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | -3056.2% | 0.1113 % change on previous year | -3.29 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.55 % change on previous year | 0.1113 % change on previous year | 18.08 % change on previous year | 6 |
| 2010s | 0.3871 % change on previous year | -15.72 % change on previous year | 7.88 % change on previous year | 10 |
| 2020s | 1.37 % change on previous year | -9.8 % change on previous year | 7.63 % change on previous year | 4 |
Countries ranked near Greenland
- 125 Sri Lanka 6.33 % change on previous year compare
- 126 Chile 6.21 % change on previous year compare
- 127 France 6.05 % change on previous year compare
- 129 Belize 5.93 % change on previous year compare
- 130 Djibouti 5.82 % change on previous year compare
- 131 United States 5.7 % change on previous year compare
More economy & growth data for Greenland
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.24 % 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$), annual growth rate 4.12 % change on previous year (2023)
- Final consumption expenditure (constant 2015 US$), per capita 40,333 constant 2015 US$ per person (2023)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6895 constant 2015 US$ per US$ of GDP (2023)
- Final consumption expenditure (current LCU), per unit of GDP 5.12 current LCU per US$ of GDP (2023)
- Final consumption expenditure (current US$), per capita 43,463 current US$ per person (2023)
- Final consumption expenditure (current LCU), annual growth rate 3.24 % change on previous year (2023)
- Gross national expenditure (current US$), per capita 64,520 current US$ per person (2023)
- Final consumption expenditure (current LCU), per capita 299,448 current LCU per person (2023)
Frequently asked questions
- What is final consumption expenditure (current us$), annual growth rate in Greenland?
- Final consumption expenditure (current us$), annual growth rate in Greenland was 6.03 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), annual growth rate recorded in Greenland?
- The highest recorded value was 18.08 % change on previous year in 2004.
- What is the lowest final consumption expenditure (current us$), annual growth rate recorded in Greenland?
- The lowest recorded value was -15.72 % change on previous year in 2015.
- How does Greenland rank for final consumption expenditure (current us$), annual growth rate?
- Greenland ranks 128th out of 187 countries with data for 2023.
- Is final consumption expenditure (current us$), annual growth rate rising or falling in Greenland?
- Over the last ten years it is up 12.3%. The long-run trend across the full record is volatile.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.