Households and NPISHs Final consumption expenditure in Greenland
Greenland: Households and NPISHs Final consumption expenditure was 0.1% in 2023. ◆ Volatile
Households and NPISHs Final consumption expenditure in Greenland, 2004–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Greenland recorded 0.1% for households and npishs final consumption expenditure in 2023.
Compared with earlier readings it is down 87.7% on the previous year and up 106.4% over ten years.
Over the whole period, households and npishs final consumption expenditure in Greenland peaked at 9.5% in 2004 and was at its lowest, -1.1%, in 2013.
That places Greenland 157th out of 177 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.
Households and NPISHs Final consumption expenditure in Greenland, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2004 | 9.5% | — |
| 2005 | 6.5% | -32.0% |
| 2006 | 2.8% | -57.1% |
| 2007 | 1.2% | -56.8% |
| 2008 | 0.1% | -92.1% |
| 2009 | 0.7% | +665.9% |
| 2010 | -0.4% | -152.9% |
| 2011 | 0.4% | -203.0% |
| 2012 | -0.9% | -336.7% |
| 2013 | -1.1% | +17.8% |
| 2014 | 0.7% | -164.7% |
| 2015 | 0.2% | -74.2% |
| 2016 | 1.5% | +714.0% |
| 2017 | 0.9% | -41.7% |
| 2018 | 1.5% | +75.3% |
| 2019 | 0.5% | -67.1% |
| 2020 | -0.3% | -157.4% |
| 2021 | 3.2% | -1199.8% |
| 2022 | 0.6% | -81.8% |
| 2023 | 0.1% | -87.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.5% | 0.1% | 9.5% | 6 |
| 2010s | 0.3% | -1.1% | 1.5% | 10 |
| 2020s | 0.9% | -0.3% | 3.2% | 4 |
Countries ranked near Greenland
More economy & growth data for Greenland
- Gross fixed capital formation (current US$), annual growth rate 0.3077 % change on previous year (2023)
- Imports of goods and services (current US$), per unit of GDP 0.5109 current US$ per US$ of GDP (2023)
- Gross fixed capital formation (constant 2015 US$), per unit of GDP 0.3149 constant 2015 US$ per US$ of GDP (2023)
- Gross fixed capital formation (constant 2015 US$), annual growth rate -3.77 % change on previous year (2023)
- Gross fixed capital formation (current LCU), per capita 139,801 current LCU per person (2023)
- Gross fixed capital formation (current LCU), per unit of GDP 2.39 current LCU per US$ of GDP (2023)
- Gross fixed capital formation (current US$), per capita 20,291 current US$ per person (2023)
- Gross fixed capital formation (current US$), per unit of GDP 0.3469 current US$ per US$ of GDP (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)
Frequently asked questions
- What is households and npishs final consumption expenditure in Greenland?
- Households and npishs final consumption expenditure in Greenland was 0.1% in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Greenland?
- The highest recorded value was 9.5% in 2004.
- What is the lowest households and npishs final consumption expenditure recorded in Greenland?
- The lowest recorded value was -1.1% in 2013.
- How does Greenland rank for households and npishs final consumption expenditure?
- Greenland ranks 157th out of 177 countries with data for 2023.
- Is households and npishs final consumption expenditure rising or falling in Greenland?
- Over the last ten years it is up 106.4%. The long-run trend across the full record is volatile.
- 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 Households and NPISHs Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.