Gross national expenditure in Greenland
Greenland: Gross national expenditure was 110.3% in 2023. ▼ Falling
Gross national expenditure in Greenland, 2003–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Greenland recorded 110.3% for gross national expenditure in 2023.
That represents a change of down 1.3% on the previous year and down 8.5% over ten years.
Over the whole period, gross national expenditure in Greenland peaked at 154.6% in 2011 and was at its lowest, 100.9%, in 2018.
That places Greenland 57th 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 in Greenland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2003 | 111.7% | — |
| 2004 | 109.6% | -1.9% |
| 2005 | 117.6% | +7.3% |
| 2006 | 114.1% | -3.0% |
| 2007 | 122.6% | +7.4% |
| 2008 | 133.4% | +8.9% |
| 2009 | 124.3% | -6.8% |
| 2010 | 142.4% | +14.5% |
| 2011 | 154.6% | +8.6% |
| 2012 | 126.0% | -18.5% |
| 2013 | 120.5% | -4.3% |
| 2014 | 110.1% | -8.6% |
| 2015 | 107.9% | -2.0% |
| 2016 | 104.3% | -3.4% |
| 2017 | 102.8% | -1.4% |
| 2018 | 100.9% | -1.9% |
| 2019 | 110.1% | +9.2% |
| 2020 | 110.7% | +0.6% |
| 2021 | 115.6% | +4.4% |
| 2022 | 111.8% | -3.3% |
| 2023 | 110.3% | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 119.0% | 109.6% | 133.4% | 7 |
| 2010s | 118.0% | 100.9% | 154.6% | 10 |
| 2020s | 112.1% | 110.3% | 115.6% | 4 |
Countries ranked near Greenland
- 54 Madagascar 111.6% compare
- 55 Cape Verde 111.4% compare
- 56 Togo 110.8% compare
- 58 Fiji 110.2% compare
- 59 Morocco 109.2% compare
- 60 Iran, Islamic Republic of 108.7% compare
More economy & growth data for Greenland
- Exports of goods and services (current LCU), per unit of GDP 2.81 current LCU per US$ of GDP (2023)
- Gross national expenditure (constant 2015 US$), per capita 58,665 constant 2015 US$ per person (2023)
- Exports of goods and services (current US$), annual growth rate 5.55 % change on previous year (2023)
- Final consumption expenditure (current US$), per capita 43,463 current US$ per person (2023)
- Exports of goods and services (current US$), per unit of GDP 0.408 current US$ 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)
- 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 (constant 2015 US$), per capita 18,981 constant 2015 US$ per person (2023)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3245 constant 2015 US$ per US$ of GDP (2023)
Frequently asked questions
- What is gross national expenditure in Greenland?
- Gross national expenditure in Greenland was 110.3% in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Greenland?
- The highest recorded value was 154.6% in 2011.
- What is the lowest gross national expenditure recorded in Greenland?
- The lowest recorded value was 100.9% in 2018.
- How does Greenland rank for gross national expenditure?
- Greenland ranks 57th out of 186 countries with data for 2023.
- Is gross national expenditure 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross national expenditure (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.