Gross national expenditure (current LCU), per unit of GDP (current) in Greenland
Greenland: Gross national expenditure (current LCU), per unit of GDP (current) was 7.6 current LCU per US$ of GDP in 2023. ▲ Rising
Gross national expenditure (current LCU), per unit of GDP in Greenland, 2003–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2023, gross national expenditure (current lcu), per unit of gdp in Greenland stood at 7.6 current LCU per US$ of GDP.
Compared with earlier readings it is down 3.9% on the previous year and up 12.3% over ten years.
Over the whole period, gross national expenditure (current lcu), per unit of gdp in Greenland peaked at 8.3 current LCU per US$ of GDP in 2011 and was at its lowest, 6.18 current LCU per US$ of GDP, in 2014.
Greenland ranks 105th of 186 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.
Gross national expenditure (current LCU), per unit of GDP (current) in Greenland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 7.36 current LCU per US$ of GDP | — |
| 2004 | 6.56 current LCU per US$ of GDP | -10.8% |
| 2005 | 7.05 current LCU per US$ of GDP | +7.4% |
| 2006 | 6.78 current LCU per US$ of GDP | -3.8% |
| 2007 | 6.67 current LCU per US$ of GDP | -1.7% |
| 2008 | 6.8 current LCU per US$ of GDP | +1.9% |
| 2009 | 6.66 current LCU per US$ of GDP | -2.0% |
| 2010 | 8.01 current LCU per US$ of GDP | +20.2% |
| 2011 | 8.3 current LCU per US$ of GDP | +3.6% |
| 2012 | 7.3 current LCU per US$ of GDP | -12.1% |
| 2013 | 6.77 current LCU per US$ of GDP | -7.2% |
| 2014 | 6.18 current LCU per US$ of GDP | -8.7% |
| 2015 | 7.26 current LCU per US$ of GDP | +17.5% |
| 2016 | 7.02 current LCU per US$ of GDP | -3.3% |
| 2017 | 6.79 current LCU per US$ of GDP | -3.3% |
| 2018 | 6.37 current LCU per US$ of GDP | -6.2% |
| 2019 | 7.34 current LCU per US$ of GDP | +15.3% |
| 2020 | 7.24 current LCU per US$ of GDP | -1.4% |
| 2021 | 7.27 current LCU per US$ of GDP | +0.3% |
| 2022 | 7.91 current LCU per US$ of GDP | +8.9% |
| 2023 | 7.6 current LCU per US$ of GDP | -3.9% |
Greenland compared with similar countries
- Greenland's 7.6 current LCU per US$ of GDP is above the median for high income countries, which is 1.04 current LCU per US$ of GDP, 7.3× the median. (66 countries reporting)
- Greenland's 7.6 current LCU per US$ of GDP is above the median for Europe & Central Asia, which is 1.77 current LCU per US$ of GDP, 4.3× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.84 current LCU per US$ of GDP | 6.56 current LCU per US$ of GDP | 7.36 current LCU per US$ of GDP | 7 |
| 2010s | 7.13 current LCU per US$ of GDP | 6.18 current LCU per US$ of GDP | 8.3 current LCU per US$ of GDP | 10 |
| 2020s | 7.5 current LCU per US$ of GDP | 7.24 current LCU per US$ of GDP | 7.91 current LCU per US$ of GDP | 4 |
Countries ranked near Greenland
- 102 Sweden 9.61 current LCU per US$ of GDP compare
- 103 Norway 9.18 current LCU per US$ of GDP compare
- 104 Guatemala 8.86 current LCU per US$ of GDP compare
- 106 Hong Kong 7.57 current LCU per US$ of GDP compare
- 107 Bolivia 7.19 current LCU per US$ of GDP compare
- 108 China 6.99 current LCU 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 (current lcu), per unit of gdp in Greenland?
- Gross national expenditure (current lcu), per unit of gdp in Greenland was 7.6 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross national expenditure (current lcu), per unit of gdp recorded in Greenland?
- The highest recorded value was 8.3 current LCU per US$ of GDP in 2011.
- What is the lowest gross national expenditure (current lcu), per unit of gdp recorded in Greenland?
- The lowest recorded value was 6.18 current LCU per US$ of GDP in 2014.
- How does Greenland rank for gross national expenditure (current lcu), per unit of gdp?
- Greenland ranks 105th out of 186 countries with data for 2023.
- Is gross national expenditure (current lcu), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is up 12.3%. 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 Gross national expenditure (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross national expenditure (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (current LCU) ÷ GDP (current US$)
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 (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.