Gross national expenditure (current US$), per unit of GDP (unit GDP) in Greenland
Greenland: Gross national expenditure (current US$), per unit of GDP (unit GDP) was 1.1 current US$ per US$ of GDP in 2023. ▼ Falling
Gross national expenditure (current US$), per unit of GDP in Greenland, 2003–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross national expenditure (current us$), per unit of gdp in Greenland is 1.1 current US$ per US$ of GDP, measured in 2023.
The figure is down 1.3% on the previous year and down 8.5% over ten years.
Over the whole period, gross national expenditure (current us$), per unit of gdp in Greenland peaked at 1.55 current US$ per US$ of GDP in 2011 and was at its lowest, 1.01 current US$ per US$ of GDP, in 2018.
That places Greenland 56th out of 186 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Gross national expenditure (current US$), per unit of GDP (unit GDP) in Greenland, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2003 | 1.12 current US$ per US$ of GDP | — |
| 2004 | 1.1 current US$ per US$ of GDP | -1.9% |
| 2005 | 1.18 current US$ per US$ of GDP | +7.3% |
| 2006 | 1.14 current US$ per US$ of GDP | -3.0% |
| 2007 | 1.23 current US$ per US$ of GDP | +7.4% |
| 2008 | 1.33 current US$ per US$ of GDP | +8.9% |
| 2009 | 1.24 current US$ per US$ of GDP | -6.8% |
| 2010 | 1.42 current US$ per US$ of GDP | +14.5% |
| 2011 | 1.55 current US$ per US$ of GDP | +8.6% |
| 2012 | 1.26 current US$ per US$ of GDP | -18.5% |
| 2013 | 1.21 current US$ per US$ of GDP | -4.3% |
| 2014 | 1.1 current US$ per US$ of GDP | -8.6% |
| 2015 | 1.08 current US$ per US$ of GDP | -2.0% |
| 2016 | 1.04 current US$ per US$ of GDP | -3.4% |
| 2017 | 1.03 current US$ per US$ of GDP | -1.4% |
| 2018 | 1.01 current US$ per US$ of GDP | -1.9% |
| 2019 | 1.1 current US$ per US$ of GDP | +9.2% |
| 2020 | 1.11 current US$ per US$ of GDP | +0.6% |
| 2021 | 1.16 current US$ per US$ of GDP | +4.4% |
| 2022 | 1.12 current US$ per US$ of GDP | -3.3% |
| 2023 | 1.1 current US$ per US$ of GDP | -1.3% |
Greenland compared with similar countries
- Greenland's 1.1 current US$ per US$ of GDP is above the median for high income countries, which is 0.9727 current US$ per US$ of GDP, 1.1× the median. (66 countries reporting)
- Greenland's 1.1 current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.9962 current US$ per US$ of GDP, 1.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.19 current US$ per US$ of GDP | 1.1 current US$ per US$ of GDP | 1.33 current US$ per US$ of GDP | 7 |
| 2010s | 1.18 current US$ per US$ of GDP | 1.01 current US$ per US$ of GDP | 1.55 current US$ per US$ of GDP | 10 |
| 2020s | 1.12 current US$ per US$ of GDP | 1.1 current US$ per US$ of GDP | 1.16 current US$ per US$ of GDP | 4 |
Countries ranked near Greenland
- 53 Madagascar 1.12 current US$ per US$ of GDP compare
- 54 Cape Verde 1.11 current US$ per US$ of GDP compare
- 55 Togo 1.11 current US$ per US$ of GDP compare
- 57 Fiji 1.1 current US$ per US$ of GDP compare
- 58 Morocco 1.09 current US$ per US$ of GDP compare
- 59 Iran 1.09 current 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$), per capita 64,520 current US$ per person (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 us$), per unit of gdp in Greenland?
- Gross national expenditure (current us$), per unit of gdp in Greenland was 1.1 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross national expenditure (current us$), per unit of gdp recorded in Greenland?
- The highest recorded value was 1.55 current US$ per US$ of GDP in 2011.
- What is the lowest gross national expenditure (current us$), per unit of gdp recorded in Greenland?
- The lowest recorded value was 1.01 current US$ per US$ of GDP in 2018.
- How does Greenland rank for gross national expenditure (current us$), per unit of gdp?
- Greenland ranks 56th out of 186 countries with data for 2023.
- Is gross national expenditure (current us$), per unit of gdp rising or falling in Greenland?
- Over the last ten years it is down 8.5%. 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 Gross national expenditure (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (current US$) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.