General government final consumption … LCU unit GDP current in Greenland
Greenland: General government final consumption … LCU unit GDP current was 2.87 current LCU per US$ of GDP in 2023. ▲ Rising
General government final consumption expenditure (current LCU), per in Greenland, 2003–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Greenland recorded 2.87 current LCU per US$ of GDP for general government final consumption expenditure (current lcu), per in 2023.
Compared with earlier readings it is down 1.6% on the previous year and up 6.9% over ten years.
Over the whole period, general government final consumption expenditure (current lcu), per in Greenland peaked at 3.14 current LCU per US$ of GDP in 2003 and was at its lowest, 2.45 current LCU per US$ of GDP, in 2008.
Greenland ranks 93rd of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
General government final consumption … LCU unit GDP current in Greenland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 3.14 current LCU per US$ of GDP | — |
| 2004 | 2.77 current LCU per US$ of GDP | -11.7% |
| 2005 | 2.75 current LCU per US$ of GDP | -0.8% |
| 2006 | 2.7 current LCU per US$ of GDP | -1.9% |
| 2007 | 2.51 current LCU per US$ of GDP | -7.0% |
| 2008 | 2.45 current LCU per US$ of GDP | -2.5% |
| 2009 | 2.61 current LCU per US$ of GDP | +6.5% |
| 2010 | 2.63 current LCU per US$ of GDP | +1.1% |
| 2011 | 2.51 current LCU per US$ of GDP | -4.8% |
| 2012 | 2.65 current LCU per US$ of GDP | +5.8% |
| 2013 | 2.69 current LCU per US$ of GDP | +1.4% |
| 2014 | 2.57 current LCU per US$ of GDP | -4.3% |
| 2015 | 2.97 current LCU per US$ of GDP | +15.6% |
| 2016 | 2.85 current LCU per US$ of GDP | -4.1% |
| 2017 | 2.8 current LCU per US$ of GDP | -1.8% |
| 2018 | 2.72 current LCU per US$ of GDP | -2.7% |
| 2019 | 2.92 current LCU per US$ of GDP | +7.2% |
| 2020 | 2.85 current LCU per US$ of GDP | -2.3% |
| 2021 | 2.78 current LCU per US$ of GDP | -2.5% |
| 2022 | 2.92 current LCU per US$ of GDP | +5.0% |
| 2023 | 2.87 current LCU per US$ of GDP | -1.6% |
Greenland compared with similar countries
- Greenland's 2.87 current LCU per US$ of GDP is above the median for high income countries, which is 0.2592 current LCU per US$ of GDP, 11.1× the median. (67 countries reporting)
- Greenland's 2.87 current LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.3082 current LCU per US$ of GDP, 9.3× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.7 current LCU per US$ of GDP | 2.45 current LCU per US$ of GDP | 3.14 current LCU per US$ of GDP | 7 |
| 2010s | 2.73 current LCU per US$ of GDP | 2.51 current LCU per US$ of GDP | 2.97 current LCU per US$ of GDP | 10 |
| 2020s | 2.86 current LCU per US$ of GDP | 2.78 current LCU per US$ of GDP | 2.92 current LCU per US$ of GDP | 4 |
Countries ranked near Greenland
- 90 South Africa 3.38 current LCU per US$ of GDP compare
- 91 Zambia 3.32 current LCU per US$ of GDP compare
- 92 Moldova 3.21 current LCU per US$ of GDP compare
- 94 Egypt 2.7 current LCU per US$ of GDP compare
- 95 Maldives 2.69 current LCU per US$ of GDP compare
- 96 Sweden 2.6 current LCU per US$ of GDP compare
More economy & growth data for Greenland
- General government final consumption expenditure (current LCU), per 168,109 current LCU per person (2023)
- Households and NPISHs Final consumption expenditure (current US$) 0.3259 current US$ per US$ of GDP (2023)
- Households and NPISHs Final consumption expenditure (current US$) 5.29 % change on previous year (2023)
- General government final consumption expenditure (constant 2015 US$) 21,468 constant 2015 US$ per person (2023)
- General government final consumption expenditure (constant 2015 US$) 0.367 constant 2015 US$ per US$ of GDP (2023)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2023)
- General government final consumption expenditure (current US$), per 24,400 current US$ per person (2023)
- General government final consumption expenditure (current US$) 6.62 % change on previous year (2023)
- General government final consumption expenditure (current US$), per 0.4171 current 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 general government final consumption expenditure (current lcu), per in Greenland?
- General government final consumption expenditure (current lcu), per in Greenland was 2.87 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current lcu), per recorded in Greenland?
- The highest recorded value was 3.14 current LCU per US$ of GDP in 2003.
- What is the lowest general government final consumption expenditure (current lcu), per recorded in Greenland?
- The lowest recorded value was 2.45 current LCU per US$ of GDP in 2008.
- How does Greenland rank for general government final consumption expenditure (current lcu), per?
- Greenland ranks 93rd out of 187 countries with data for 2023.
- Is general government final consumption expenditure (current lcu), per rising or falling in Greenland?
- Over the last ten years it is up 6.9%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from Statizoid (derived), published as part of General government final consumption expenditure (current LCU), 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
General government final consumption expenditure (current LCU) ÷ GDP (current US$)
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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.