Gross national expenditure (constant 2015 US$), per unit of GDP (unit) in Greenland
Greenland: Gross national expenditure (constant 2015 US$), per unit of GDP (unit) was 1 constant 2015 US$ per US$ of GDP in 2023. ▼ Falling
Gross national expenditure (constant 2015 US$), per unit of GDP in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Greenland recorded 1 constant 2015 US$ per US$ of GDP for gross national expenditure (constant 2015 us$), per unit of gdp in 2023.
That represents a change of down 5.5% on the previous year and down 3.6% over ten years.
Over the whole period, gross national expenditure (constant 2015 us$), per unit of gdp in Greenland peaked at 1.33 constant 2015 US$ per US$ of GDP in 2003 and was at its lowest, 0.9173 constant 2015 US$ per US$ of GDP, in 2018.
Greenland ranks 31st of 163 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Gross national expenditure (constant 2015 US$), per unit of GDP (unit) in Greenland, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2003 | 1.33 constant 2015 US$ per US$ of GDP | — |
| 2004 | 1.18 constant 2015 US$ per US$ of GDP | -11.6% |
| 2005 | 1.26 constant 2015 US$ per US$ of GDP | +7.4% |
| 2006 | 1.2 constant 2015 US$ per US$ of GDP | -5.0% |
| 2007 | 1.15 constant 2015 US$ per US$ of GDP | -4.7% |
| 2008 | 1.14 constant 2015 US$ per US$ of GDP | -0.5% |
| 2009 | 1.11 constant 2015 US$ per US$ of GDP | -3.0% |
| 2010 | 1.29 constant 2015 US$ per US$ of GDP | +17.0% |
| 2011 | 1.31 constant 2015 US$ per US$ of GDP | +0.9% |
| 2012 | 1.13 constant 2015 US$ per US$ of GDP | -13.6% |
| 2013 | 1.04 constant 2015 US$ per US$ of GDP | -7.7% |
| 2014 | 0.9311 constant 2015 US$ per US$ of GDP | -10.5% |
| 2015 | 1.08 constant 2015 US$ per US$ of GDP | +15.9% |
| 2016 | 1.03 constant 2015 US$ per US$ of GDP | -4.3% |
| 2017 | 0.9809 constant 2015 US$ per US$ of GDP | -5.1% |
| 2018 | 0.9173 constant 2015 US$ per US$ of GDP | -6.5% |
| 2019 | 1.05 constant 2015 US$ per US$ of GDP | +14.0% |
| 2020 | 1.02 constant 2015 US$ per US$ of GDP | -2.3% |
| 2021 | 1.02 constant 2015 US$ per US$ of GDP | -0.6% |
| 2022 | 1.06 constant 2015 US$ per US$ of GDP | +4.5% |
| 2023 | 1 constant 2015 US$ per US$ of GDP | -5.5% |
Greenland compared with similar countries
- Greenland's 1 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.7302 constant 2015 US$ per US$ of GDP, 1.4× the median. (58 countries reporting)
- Greenland's 1 constant 2015 US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.7163 constant 2015 US$ per US$ of GDP, 1.4× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.2 constant 2015 US$ per US$ of GDP | 1.11 constant 2015 US$ per US$ of GDP | 1.33 constant 2015 US$ per US$ of GDP | 7 |
| 2010s | 1.08 constant 2015 US$ per US$ of GDP | 0.9173 constant 2015 US$ per US$ of GDP | 1.31 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 1.03 constant 2015 US$ per US$ of GDP | 1 constant 2015 US$ per US$ of GDP | 1.06 constant 2015 US$ per US$ of GDP | 4 |
Countries ranked near Greenland
- 28 Philippines 1.05 constant 2015 US$ per US$ of GDP compare
- 29 Paraguay 1.04 constant 2015 US$ per US$ of GDP compare
- 30 Seychelles 1.02 constant 2015 US$ per US$ of GDP compare
- 32 Samoa 1 constant 2015 US$ per US$ of GDP compare
- 33 Nepal 0.9996 constant 2015 US$ per US$ of GDP compare
- 34 El Salvador 0.9949 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Greenland
- Final consumption expenditure (current LCU), per capita 299,448 current LCU per person (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 (constant 2015 US$), annual growth rate 1.24 % change on previous year (2023)
- Final consumption expenditure (current LCU), annual growth rate 3.24 % change on previous year (2023)
- Final consumption expenditure (current US$), 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)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Final consumption expenditure (current LCU), per unit of GDP 5.12 current LCU per US$ of GDP (2023)
Frequently asked questions
- What is gross national expenditure (constant 2015 us$), per unit of gdp in Greenland?
- Gross national expenditure (constant 2015 us$), per unit of gdp in Greenland was 1 constant 2015 US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Greenland?
- The highest recorded value was 1.33 constant 2015 US$ per US$ of GDP in 2003.
- What is the lowest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Greenland?
- The lowest recorded value was 0.9173 constant 2015 US$ per US$ of GDP in 2018.
- How does Greenland rank for gross national expenditure (constant 2015 us$), per unit of gdp?
- Greenland ranks 31st out of 163 countries with data for 2023.
- Is gross national expenditure (constant 2015 us$), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is down 3.6%. 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 Gross national expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.