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Government spending vs. GDP, per unit of GDP in Greenland

Greenland: Government spending vs. GDP, per unit of GDP was 0.367 constant 2015 US$ per US$ of GDP in 2023. ▼ Falling

Latest (2023)
0.367 constant 2015 US$ per US$ of GDP
Change on year
down 3.2%
World rank
5th
of 166 countries
All-time high
0.5915 constant 2015 US$ per US$ of GDP
in 2003
All-time low
0.367 constant 2015 US$ per US$ of GDP
in 2023
Years of data
21
2003–2023

Government spending vs. GDP, per unit of GDP in Greenland, 2003–2023

00.20.40.62003201320232003: 0.592 constant 2015 US$ per US$ of GDP2004: 0.511 constant 2015 US$ per US$ of GDP2005: 0.497 constant 2015 US$ per US$ of GDP2006: 0.479 constant 2015 US$ per US$ of GDP2007: 0.43 constant 2015 US$ per US$ of GDP2008: 0.41 constant 2015 US$ per US$ of GDP2009: 0.429 constant 2015 US$ per US$ of GDP2010: 0.423 constant 2015 US$ per US$ of GDP2011: 0.394 constant 2015 US$ per US$ of GDP2012: 0.41 constant 2015 US$ per US$ of GDP2013: 0.414 constant 2015 US$ per US$ of GDP2014: 0.391 constant 2015 US$ per US$ of GDP2015: 0.442 constant 2015 US$ per US$ of GDP2016: 0.415 constant 2015 US$ per US$ of GDP2017: 0.401 constant 2015 US$ per US$ of GDP2018: 0.385 constant 2015 US$ per US$ of GDP2019: 0.408 constant 2015 US$ per US$ of GDP2020: 0.385 constant 2015 US$ per US$ of GDP2021: 0.369 constant 2015 US$ per US$ of GDP2022: 0.379 constant 2015 US$ per US$ of GDP2023: 0.367 constant 2015 US$ per US$ of GDP

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 government spending vs. gdp, per unit of gdp in 2023. That is the lowest value across all 21 years on record.

The figure is down 3.2% on the previous year and down 11.5% over ten years.

Over the whole period, government spending vs. gdp, per unit of gdp 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 166 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.

Government spending vs. GDP, per unit of GDP 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%

Greenland compared with similar countries

  • Greenland's 0.367 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.1423 constant 2015 US$ per US$ of GDP, 2.6× the median. (60 countries reporting)
  • Greenland's 0.367 constant 2015 US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.1195 constant 2015 US$ per US$ of GDP, 3.1× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest 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

  1. 2 Libya 0.4875 constant 2015 US$ per US$ of GDP compare
  2. 3 Marshall Islands 0.4135 constant 2015 US$ per US$ of GDP compare
  3. 4 Burundi 0.3908 constant 2015 US$ per US$ of GDP compare
  4. 6 Kiribati 0.344 constant 2015 US$ per US$ of GDP compare
  5. 7 Lesotho 0.313 constant 2015 US$ per US$ of GDP compare
  6. 8 Solomon Islands 0.3004 constant 2015 US$ per US$ of GDP compare

See the full ranking of 166 places →

More economy & growth data for Greenland

All data for Greenland →

Frequently asked questions

What is government spending vs. gdp, per unit of gdp in Greenland?
Government spending vs. gdp, per unit of gdp in Greenland was 0.367 constant 2015 US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest government spending vs. gdp, per unit of gdp recorded in Greenland?
The highest recorded value was 0.5915 constant 2015 US$ per US$ of GDP in 2003.
What is the lowest government spending vs. gdp, per unit of gdp recorded in Greenland?
The lowest recorded value was 0.367 constant 2015 US$ per US$ of GDP in 2023.
How does Greenland rank for government spending vs. gdp, per unit of gdp?
Greenland ranks 5th out of 166 countries with data for 2023.
Is government spending vs. gdp, per unit of gdp 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 Government spending vs. GDP, per unit of GDP. Statizoid updates them automatically from the source API.

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Government spending vs. GDP, per unit of GDP in Greenland. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/government-spending-vs-gdp-per-unit-of-gdp/greenland/

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How this figure is calculated

Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Government spending vs. GDP ÷ GDP (current US$)

Computed from

  • Government spending vs. GDP National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
  • 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

Indicator
Government spending vs. GDP, per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 7,051 data points, 1960–2025
Last refreshed

Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.