Government expenditure vs gdp in Greenland
Greenland: Government expenditure vs gdp was 1.22 billion in 2023. ▲ Rising
Latest (2023)
1.22 billion
Change on year
up 2.2%
World rank
135th
of 166 countries
All-time high
1.22 billion
in 2019
All-time low
919.93 million
in 2005
Years of data
21
2003–2023
Government expenditure vs gdp in Greenland, 2003–2023
Source: Our World in Data.
Analysis
In 2023, government expenditure vs gdp in Greenland stood at 1.22 billion.
Compared with earlier readings it is up 2.2% on the previous year and up 9.7% over ten years.
Over the whole period, government expenditure vs gdp in Greenland peaked at 1.22 billion in 2019 and was at its lowest, 919.93 million, in 2005.
That places Greenland 135th out of 166 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Government expenditure vs gdp in Greenland, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 922.07 million | — |
| 2004 | 931.63 million | +1.0% |
| 2005 | 919.93 million | -1.3% |
| 2006 | 963.54 million | +4.7% |
| 2007 | 967.83 million | +0.4% |
| 2008 | 1.03 billion | +6.0% |
| 2009 | 1.09 billion | +5.9% |
| 2010 | 1.06 billion | -2.5% |
| 2011 | 1.06 billion | -0.1% |
| 2012 | 1.07 billion | +1.0% |
| 2013 | 1.11 billion | +4.1% |
| 2014 | 1.11 billion | -0.2% |
| 2015 | 1.10 billion | -0.6% |
| 2016 | 1.12 billion | +1.8% |
| 2017 | 1.14 billion | +1.7% |
| 2018 | 1.18 billion | +3.0% |
| 2019 | 1.22 billion | +4.0% |
| 2020 | 1.19 billion | -2.9% |
| 2021 | 1.22 billion | +2.3% |
| 2022 | 1.19 billion | -1.7% |
| 2023 | 1.22 billion | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 973.77 million | 919.93 million | 1.09 billion | 7 |
| 2010s | 1.12 billion | 1.06 billion | 1.22 billion | 10 |
| 2020s | 1.21 billion | 1.19 billion | 1.22 billion | 4 |
Countries ranked near Greenland
- 132 Kyrgyzstan 1.36 billion compare
- 133 Burundi 1.31 billion compare
- 134 Republic of Moldova 1.24 billion compare
- 136 Lebanon 1.21 billion compare
- 137 United States Virgin Islands 1.21 billion compare
- 138 Togo 1.20 billion compare
More economy & growth data for Greenland
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1055 (2016)
- Manufacturing value added to gdp, per capita 0 units per person (2023)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2023)
- Gdp worldbank constant usd, per capita 49,930 units per person (2023)
- Gdp worldbank constant usd, per unit of GDP 0.8535 units per US$ of GDP (2023)
- Gdp worldbank constant usd, annual growth rate 0.8661 % change on previous year (2023)
- US dollar per domestic currency (End-of-period (EoP)) 0.1418 (2016)
- Domestic currency per US dollar (End-of-period (EoP)) 7.05 (2016)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 9.48 (2016)
- Taxes less subsidies on products (current US$), annual growth rate 7.81 % change on previous year (2023)
Frequently asked questions
- What is government expenditure vs gdp in Greenland?
- Government expenditure vs gdp in Greenland was 1.22 billion in 2023, according to Our World in Data.
- What is the highest government expenditure vs gdp recorded in Greenland?
- The highest recorded value was 1.22 billion in 2019.
- What is the lowest government expenditure vs gdp recorded in Greenland?
- The lowest recorded value was 919.93 million in 2005.
- How does Greenland rank for government expenditure vs gdp?
- Greenland ranks 135th out of 166 countries with data for 2023.
- Is government expenditure vs gdp rising or falling in Greenland?
- Over the last ten years it is up 9.7%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from Our World in Data, published as part of Government expenditure vs gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (Our World in Data).