Households and NPISHs Final consumption expenditure (constant 2015) in Greenland
Greenland: Households and NPISHs Final consumption expenditure (constant 2015) was 0.3226 constant 2015 US$ per US$ of GDP in 2023. ▼ Falling
Households and NPISHs Final consumption expenditure (constant 2015) in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2023, households and npishs final consumption expenditure (constant 2015) in Greenland stood at 0.3226 constant 2015 US$ per US$ of GDP. That is the lowest value across all 21 years on record.
The figure is down 5.2% on the previous year and down 11.9% over ten years.
Over the whole period, households and npishs final consumption expenditure (constant 2015) in Greenland peaked at 0.527 constant 2015 US$ per US$ of GDP in 2003 and was at its lowest, 0.3226 constant 2015 US$ per US$ of GDP, in 2023.
That places Greenland 161st out of 172 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Households and NPISHs Final consumption expenditure (constant 2015) in Greenland, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.527 constant 2015 US$ per US$ of GDP | — |
| 2004 | 0.4935 constant 2015 US$ per US$ of GDP | -6.4% |
| 2005 | 0.5176 constant 2015 US$ per US$ of GDP | +4.9% |
| 2006 | 0.4888 constant 2015 US$ per US$ of GDP | -5.6% |
| 2007 | 0.4426 constant 2015 US$ per US$ of GDP | -9.5% |
| 2008 | 0.3988 constant 2015 US$ per US$ of GDP | -9.9% |
| 2009 | 0.3968 constant 2015 US$ per US$ of GDP | -0.5% |
| 2010 | 0.3995 constant 2015 US$ per US$ of GDP | +0.7% |
| 2011 | 0.374 constant 2015 US$ per US$ of GDP | -6.4% |
| 2012 | 0.3811 constant 2015 US$ per US$ of GDP | +1.9% |
| 2013 | 0.3664 constant 2015 US$ per US$ of GDP | -3.9% |
| 2014 | 0.3486 constant 2015 US$ per US$ of GDP | -4.9% |
| 2015 | 0.3971 constant 2015 US$ per US$ of GDP | +13.9% |
| 2016 | 0.3721 constant 2015 US$ per US$ of GDP | -6.3% |
| 2017 | 0.3563 constant 2015 US$ per US$ of GDP | -4.2% |
| 2018 | 0.3375 constant 2015 US$ per US$ of GDP | -5.3% |
| 2019 | 0.3458 constant 2015 US$ per US$ of GDP | +2.5% |
| 2020 | 0.3345 constant 2015 US$ per US$ of GDP | -3.3% |
| 2021 | 0.3237 constant 2015 US$ per US$ of GDP | -3.2% |
| 2022 | 0.3402 constant 2015 US$ per US$ of GDP | +5.1% |
| 2023 | 0.3226 constant 2015 US$ per US$ of GDP | -5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4664 constant 2015 US$ per US$ of GDP | 0.3968 constant 2015 US$ per US$ of GDP | 0.527 constant 2015 US$ per US$ of GDP | 7 |
| 2010s | 0.3678 constant 2015 US$ per US$ of GDP | 0.3375 constant 2015 US$ per US$ of GDP | 0.3995 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.3303 constant 2015 US$ per US$ of GDP | 0.3226 constant 2015 US$ per US$ of GDP | 0.3402 constant 2015 US$ per US$ of GDP | 4 |
Countries ranked near Greenland
- 158 Kuwait 0.3371 constant 2015 US$ per US$ of GDP compare
- 159 Algeria 0.3254 constant 2015 US$ per US$ of GDP compare
- 160 Estonia 0.325 constant 2015 US$ per US$ of GDP compare
- 162 Iceland 0.3194 constant 2015 US$ per US$ of GDP compare
- 163 Netherlands 0.3065 constant 2015 US$ per US$ of GDP compare
- 164 Brunei Darussalam 0.3043 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Greenland
- Gross national expenditure (constant 2015 US$), per unit of GDP 1 constant 2015 US$ per US$ of GDP (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Gross national expenditure (current US$), per capita 64,520 current US$ per person (2023)
- Gross national expenditure (current LCU), annual growth rate 1.37 % change on previous year (2023)
- Households and NPISHs Final consumption expenditure (current US$) 5.29 % change on previous year (2023)
- Gross national expenditure (current LCU), per unit of GDP 7.6 current LCU per US$ of GDP (2023)
- Gross national expenditure (current LCU), per capita 444,525 current LCU per person (2023)
- Gross national expenditure (constant 2015 US$), annual growth rate -0.3182 % change on previous year (2023)
- General government final consumption expenditure (constant 2015 US$) 21,468 constant 2015 US$ per person (2023)
- Exports of goods and services (current LCU), annual growth rate 2.77 % change on previous year (2023)
Frequently asked questions
- What is households and npishs final consumption expenditure (constant 2015) in Greenland?
- Households and npishs final consumption expenditure (constant 2015) in Greenland was 0.3226 constant 2015 US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure (constant 2015) recorded in Greenland?
- The highest recorded value was 0.527 constant 2015 US$ per US$ of GDP in 2003.
- What is the lowest households and npishs final consumption expenditure (constant 2015) recorded in Greenland?
- The lowest recorded value was 0.3226 constant 2015 US$ per US$ of GDP in 2023.
- How does Greenland rank for households and npishs final consumption expenditure (constant 2015)?
- Greenland ranks 161st out of 172 countries with data for 2023.
- Is households and npishs final consumption expenditure (constant 2015) rising or falling in Greenland?
- Over the last ten years it is down 11.9%. 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 Households and NPISHs Final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Households and NPISHs Final consumption expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Households and NPISHs Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.