General government final consumption … current rate annual growth in Greenland
Greenland: General government final consumption … current rate annual growth was 3.81 % change on previous year in 2023. ◆ Volatile
General government final consumption expenditure (current LCU) in Greenland, 2004–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, general government final consumption expenditure (current lcu) in Greenland stood at 3.81 % change on previous year.
That represents a change of up 685.8% on the previous year and down 11.0% over ten years.
Over the whole period, general government final consumption expenditure (current lcu) in Greenland peaked at 8.28 % change on previous year in 2008 and was at its lowest, -0.0121 % change on previous year, in 2010.
That places Greenland 135th out of 185 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.
General government final consumption … current rate annual growth in Greenland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | 3.29 % change on previous year | — |
| 2005 | 0.7009 % change on previous year | -78.7% |
| 2006 | 6.76 % change on previous year | +864.4% |
| 2007 | 3.99 % change on previous year | -41.0% |
| 2008 | 8.28 % change on previous year | +107.7% |
| 2009 | 7.81 % change on previous year | -5.7% |
| 2010 | -0.0121 % change on previous year | -100.2% |
| 2011 | 2.1 % change on previous year | -17402.1% |
| 2012 | 2.84 % change on previous year | +35.1% |
| 2013 | 4.28 % change on previous year | +50.8% |
| 2014 | 1.33 % change on previous year | -68.9% |
| 2015 | 1.63 % change on previous year | +22.8% |
| 2016 | 3.84 % change on previous year | +134.7% |
| 2017 | 3.49 % change on previous year | -9.1% |
| 2018 | 4.25 % change on previous year | +21.8% |
| 2019 | 5.16 % change on previous year | +21.6% |
| 2020 | 0.7002 % change on previous year | -86.4% |
| 2021 | 3.96 % change on previous year | +464.9% |
| 2022 | 0.4845 % change on previous year | -87.8% |
| 2023 | 3.81 % change on previous year | +685.8% |
Greenland compared with similar countries
- Greenland's 3.81 % change on previous year is below the median for high income countries, which is 5.1 % change on previous year, 75% of the median. (67 countries reporting)
- Greenland's 3.81 % change on previous year is below the median for Europe & Central Asia, which is 7.67 % change on previous year, 50% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where General government final consumption … current rate annual growth 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 |
|---|---|---|---|
| 2011 | +17402.1% | -0.0121 % change on previous year | 2.1 % change on previous year |
| 2006 | +864.4% | 0.7009 % change on previous year | 6.76 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.14 % change on previous year | 0.7009 % change on previous year | 8.28 % change on previous year | 6 |
| 2010s | 2.89 % change on previous year | -0.0121 % change on previous year | 5.16 % change on previous year | 10 |
| 2020s | 2.24 % change on previous year | 0.4845 % change on previous year | 3.96 % change on previous year | 4 |
Countries ranked near Greenland
- 132 Israel 4.11 % change on previous year compare
- 133 Democratic Republic of Congo 4.08 % change on previous year compare
- 134 Chad 4.01 % change on previous year compare
- 136 French Polynesia 3.76 % change on previous year compare
- 137 Senegal 3.59 % change on previous year compare
- 138 Italy 3.53 % 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 general government final consumption expenditure (current lcu) in Greenland?
- General government final consumption expenditure (current lcu) in Greenland was 3.81 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current lcu) recorded in Greenland?
- The highest recorded value was 8.28 % change on previous year in 2008.
- What is the lowest general government final consumption expenditure (current lcu) recorded in Greenland?
- The lowest recorded value was -0.0121 % change on previous year in 2010.
- How does Greenland rank for general government final consumption expenditure (current lcu)?
- Greenland ranks 135th out of 185 countries with data for 2023.
- Is general government final consumption expenditure (current lcu) rising or falling in Greenland?
- Over the last ten years it is down 11.0%. 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 General government final consumption expenditure (current LCU), 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 General government final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- General government final consumption expenditure 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
The year-on-year percentage change in General government final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.