General government final consumption … US rate annual growth in Greenland
Greenland: General government final consumption … US rate annual growth was 6.62 % change on previous year in 2023. ◆ Volatile
General government final consumption expenditure (current US$) in Greenland, 2004–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Greenland recorded 6.62 % change on previous year for general government final consumption expenditure (current us$) in 2023.
Compared with earlier readings it is up 161.7% on the previous year and down 12.4% over ten years.
Over the whole period, general government final consumption expenditure (current us$) in Greenland peaked at 15.62 % change on previous year in 2008 and was at its lowest, -15.22 % change on previous year, in 2015.
Greenland ranks 118th of 185 countries on this measure, 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 … US rate annual growth in Greenland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | 13.58 % change on previous year | — |
| 2005 | 0.6026 % change on previous year | -95.6% |
| 2006 | 7.66 % change on previous year | +1171.1% |
| 2007 | 13.6 % change on previous year | +77.5% |
| 2008 | 15.62 % change on previous year | +14.9% |
| 2009 | 2.52 % change on previous year | -83.8% |
| 2010 | -4.69 % change on previous year | -285.8% |
| 2011 | 6.96 % change on previous year | -248.3% |
| 2012 | -4.69 % change on previous year | -167.4% |
| 2013 | 7.55 % change on previous year | -261.1% |
| 2014 | 1.4 % change on previous year | -81.5% |
| 2015 | -15.22 % change on previous year | -1187.3% |
| 2016 | 3.78 % change on previous year | -124.8% |
| 2017 | 5.51 % change on previous year | +45.8% |
| 2018 | 9.01 % change on previous year | +63.6% |
| 2019 | -0.4331 % change on previous year | -104.8% |
| 2020 | 2.66 % change on previous year | -714.0% |
| 2021 | 8.17 % change on previous year | +207.3% |
| 2022 | -10.72 % change on previous year | -231.2% |
| 2023 | 6.62 % change on previous year | -161.7% |
Greenland compared with similar countries
- Greenland's 6.62 % change on previous year is below the median for high income countries, which is 7.32 % change on previous year, 90% of the median. (67 countries reporting)
- Greenland's 6.62 % change on previous year is below the median for Europe & Central Asia, which is 11.19 % change on previous year, 59% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.93 % change on previous year | 0.6026 % change on previous year | 15.62 % change on previous year | 6 |
| 2010s | 0.9168 % change on previous year | -15.22 % change on previous year | 9.01 % change on previous year | 10 |
| 2020s | 1.68 % change on previous year | -10.72 % change on previous year | 8.17 % change on previous year | 4 |
Countries ranked near Greenland
- 115 Cameroon 6.82 % change on previous year compare
- 116 Palau, Republic of 6.8 % change on previous year compare
- 117 Kazakhstan, Republic of 6.8 % change on previous year compare
- 119 Brazil 6.33 % change on previous year compare
- 120 Faroe Islands 6.18 % change on previous year compare
- 121 India 6.13 % change on previous year compare
More economy & growth data for Greenland
- Gross national expenditure (current US$), annual growth rate 4.12 % change on previous year (2023)
- Final consumption expenditure (current US$), per unit of GDP 0.743 current US$ 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)
- Final consumption expenditure (current LCU), per unit of GDP 5.12 current LCU per US$ of GDP (2023)
- Final consumption expenditure (current LCU), per capita 299,448 current LCU per person (2023)
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.24 % change on previous year (2023)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6895 constant 2015 US$ per US$ of GDP (2023)
- Final consumption expenditure (constant 2015 US$), per capita 40,333 constant 2015 US$ per person (2023)
- Gross national expenditure (constant 2015 US$), per unit of GDP 1 constant 2015 US$ per US$ of GDP (2023)
Frequently asked questions
- What is general government final consumption expenditure (current us$) in Greenland?
- General government final consumption expenditure (current us$) in Greenland was 6.62 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current us$) recorded in Greenland?
- The highest recorded value was 15.62 % change on previous year in 2008.
- What is the lowest general government final consumption expenditure (current us$) recorded in Greenland?
- The lowest recorded value was -15.22 % change on previous year in 2015.
- How does Greenland rank for general government final consumption expenditure (current us$)?
- Greenland ranks 118th out of 185 countries with data for 2023.
- Is general government final consumption expenditure (current us$) rising or falling in Greenland?
- Over the last ten years it is down 12.4%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in General government final consumption expenditure (current US$). 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.