General government final consumption expenditure (constant 2015 US$) in Greenland
Greenland: General government final consumption expenditure (constant 2015 US$) was 0.367 constant 2015 US$ per US$ of GDP in 2023. ▼ Falling
General government final consumption expenditure (constant 2015 US$) in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Greenland recorded 0.367 constant 2015 US$ per US$ of GDP for general government final consumption expenditure (constant 2015 us$) in 2023. That is the lowest value across all 21 years on record.
Compared with earlier readings it is down 3.2% on the previous year and down 11.5% over ten years.
Over the whole period, general government final consumption expenditure (constant 2015 us$) in Greenland peaked at 0.5915 constant 2015 US$ per US$ of GDP in 2003 and was at its lowest, 0.367 constant 2015 US$ per US$ of GDP, in 2023.
That places Greenland 5th out of 168 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently falling across the 21 years of available data.
General government final consumption expenditure (constant 2015 US$) in Greenland, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.5915 constant 2015 US$ per US$ of GDP | — |
| 2004 | 0.5112 constant 2015 US$ per US$ of GDP | -13.6% |
| 2005 | 0.4973 constant 2015 US$ per US$ of GDP | -2.7% |
| 2006 | 0.4786 constant 2015 US$ per US$ of GDP | -3.8% |
| 2007 | 0.4302 constant 2015 US$ per US$ of GDP | -10.1% |
| 2008 | 0.4103 constant 2015 US$ per US$ of GDP | -4.6% |
| 2009 | 0.4292 constant 2015 US$ per US$ of GDP | +4.6% |
| 2010 | 0.4231 constant 2015 US$ per US$ of GDP | -1.4% |
| 2011 | 0.3943 constant 2015 US$ per US$ of GDP | -6.8% |
| 2012 | 0.4096 constant 2015 US$ per US$ of GDP | +3.9% |
| 2013 | 0.4145 constant 2015 US$ per US$ of GDP | +1.2% |
| 2014 | 0.3908 constant 2015 US$ per US$ of GDP | -5.7% |
| 2015 | 0.442 constant 2015 US$ per US$ of GDP | +13.1% |
| 2016 | 0.4152 constant 2015 US$ per US$ of GDP | -6.1% |
| 2017 | 0.4007 constant 2015 US$ per US$ of GDP | -3.5% |
| 2018 | 0.3852 constant 2015 US$ per US$ of GDP | -3.9% |
| 2019 | 0.4085 constant 2015 US$ per US$ of GDP | +6.0% |
| 2020 | 0.3848 constant 2015 US$ per US$ of GDP | -5.8% |
| 2021 | 0.3692 constant 2015 US$ per US$ of GDP | -4.1% |
| 2022 | 0.379 constant 2015 US$ per US$ of GDP | +2.7% |
| 2023 | 0.367 constant 2015 US$ per US$ of GDP | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4783 constant 2015 US$ per US$ of GDP | 0.4103 constant 2015 US$ per US$ of GDP | 0.5915 constant 2015 US$ per US$ of GDP | 7 |
| 2010s | 0.4084 constant 2015 US$ per US$ of GDP | 0.3852 constant 2015 US$ per US$ of GDP | 0.442 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.375 constant 2015 US$ per US$ of GDP | 0.367 constant 2015 US$ per US$ of GDP | 0.3848 constant 2015 US$ per US$ of GDP | 4 |
Countries ranked near Greenland
- 2 Libya 0.4875 constant 2015 US$ per US$ of GDP compare
- 3 Marshall Islands 0.4135 constant 2015 US$ per US$ of GDP compare
- 4 Burundi 0.3908 constant 2015 US$ per US$ of GDP compare
- 6 Kiribati 0.344 constant 2015 US$ per US$ of GDP compare
- 7 Lesotho 0.313 constant 2015 US$ per US$ of GDP compare
- 8 Solomon Islands 0.3004 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Greenland
- Gross national expenditure (constant 2015 US$), per unit of GDP 1 constant 2015 US$ per US$ of GDP (2023)
- Households and NPISHs Final consumption expenditure (current US$) 0.3259 current US$ per US$ of GDP (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)
- 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$), annual growth rate -0.3182 % change on previous year (2023)
- Households and NPISHs Final consumption expenditure (current US$) 5.29 % 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 general government final consumption expenditure (constant 2015 us$) in Greenland?
- General government final consumption expenditure (constant 2015 us$) in Greenland was 0.367 constant 2015 US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant 2015 us$) recorded in Greenland?
- The highest recorded value was 0.5915 constant 2015 US$ per US$ of GDP in 2003.
- What is the lowest general government final consumption expenditure (constant 2015 us$) recorded in Greenland?
- The lowest recorded value was 0.367 constant 2015 US$ per US$ of GDP in 2023.
- How does Greenland rank for general government final consumption expenditure (constant 2015 us$)?
- Greenland ranks 5th out of 168 countries with data for 2023.
- Is general government final consumption expenditure (constant 2015 us$) rising or falling in Greenland?
- Over the last ten years it is down 11.5%. 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 General government final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
General government final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
General government final consumption expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
General government final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.