Gross national expenditure (current US$), annual growth rate in Greenland
Greenland: Gross national expenditure (current US$), annual growth rate was 4.12 % change on previous year in 2023. ◆ Volatile
Gross national expenditure (current US$), annual growth rate in Greenland, 2004–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gross national expenditure (current us$), annual growth rate in Greenland stood at 4.12 % change on previous year.
The figure is up 155.4% on the previous year and up 363.4% over ten years.
Over the whole period, gross national expenditure (current us$), annual growth rate in Greenland peaked at 20.92 % change on previous year in 2008 and was at its lowest, -20.77 % change on previous year, in 2012.
That places Greenland 143rd out of 185 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$), annual growth rate in Greenland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | 14.69 % change on previous year | — |
| 2005 | 8.91 % change on previous year | -39.3% |
| 2006 | 5.59 % change on previous year | -37.3% |
| 2007 | 20.06 % change on previous year | +258.8% |
| 2008 | 20.92 % change on previous year | +4.3% |
| 2009 | -5.68 % change on previous year | -127.2% |
| 2010 | 13.32 % change on previous year | -334.3% |
| 2011 | 16.43 % change on previous year | +23.3% |
| 2012 | -20.77 % change on previous year | -226.5% |
| 2013 | -1.56 % change on previous year | -92.5% |
| 2014 | -3.25 % change on previous year | +108.2% |
| 2015 | -13.82 % change on previous year | +324.8% |
| 2016 | 4.68 % change on previous year | -133.8% |
| 2017 | 3.84 % change on previous year | -18.0% |
| 2018 | 5.12 % change on previous year | +33.5% |
| 2019 | 7.07 % change on previous year | +38.0% |
| 2020 | 3.66 % change on previous year | -48.2% |
| 2021 | 11.27 % change on previous year | +207.6% |
| 2022 | -7.43 % change on previous year | -165.9% |
| 2023 | 4.12 % change on previous year | -155.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.75 % change on previous year | -5.68 % change on previous year | 20.92 % change on previous year | 6 |
| 2010s | 1.1 % change on previous year | -20.77 % change on previous year | 16.43 % change on previous year | 10 |
| 2020s | 2.91 % change on previous year | -7.43 % change on previous year | 11.27 % change on previous year | 4 |
Countries ranked near Greenland
- 140 Bermuda 4.27 % change on previous year compare
- 141 Brazil 4.24 % change on previous year compare
- 142 Bolivia, Plurinational State of 4.16 % change on previous year compare
- 144 Senegal 4.07 % change on previous year compare
- 145 Australia 3.99 % change on previous year compare
- 146 Puerto Rico 3.91 % change on previous year compare
More economy & growth data for Greenland
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3245 constant 2015 US$ per US$ of GDP (2023)
- Exports of goods and services (current US$), per capita 23,867 current US$ per person (2023)
- Exports of goods and services (current LCU), annual growth rate 2.77 % change on previous year (2023)
- Exports of goods and services (current LCU), per unit of GDP 2.81 current LCU per US$ of GDP (2023)
- Exports of goods and services (current LCU), per capita 164,435 current LCU per person (2023)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.01 % change on previous year (2023)
- Gross fixed capital formation (current US$), per unit of GDP 0.3469 current US$ per US$ of GDP (2023)
- Gross fixed capital formation (current LCU), per unit of GDP 2.39 current LCU per US$ of GDP (2023)
- Imports of goods and services (current US$), per unit of GDP 0.5109 current US$ per US$ of GDP (2023)
- Exports of goods and services (current US$), per unit of GDP 0.408 current US$ per US$ of GDP (2023)
Frequently asked questions
- What is gross national expenditure (current us$), annual growth rate in Greenland?
- Gross national expenditure (current us$), annual growth rate in Greenland was 4.12 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national expenditure (current us$), annual growth rate recorded in Greenland?
- The highest recorded value was 20.92 % change on previous year in 2008.
- What is the lowest gross national expenditure (current us$), annual growth rate recorded in Greenland?
- The lowest recorded value was -20.77 % change on previous year in 2012.
- How does Greenland rank for gross national expenditure (current us$), annual growth rate?
- Greenland ranks 143rd out of 185 countries with data for 2023.
- Is gross national expenditure (current us$), annual growth rate rising or falling in Greenland?
- Over the last ten years it is up 363.4%. 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 Gross national expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross national expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national 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 Gross national expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.