Households and NPISHs Final consumption … 2015 US constant in Greenland
Greenland: Households and NPISHs Final consumption … 2015 US constant was 1.07 billion constant 2015 US$ in 2023. ▲ Rising
Households and NPISHs Final consumption expenditure in Greenland, 2003–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for households and npishs final consumption expenditure in Greenland is 1.07 billion constant 2015 US$, measured in 2023. That is the highest value across all 21 years on record.
That represents a change of up 0.1% on the previous year and up 9.1% over ten years.
Over the whole period, households and npishs final consumption expenditure in Greenland peaked at 1.07 billion constant 2015 US$ in 2023 and was at its lowest, 821.42 million constant 2015 US$, in 2003.
That places Greenland 163rd out of 172 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Households and NPISHs Final consumption … 2015 US constant in Greenland, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2003 | 821.42 million constant 2015 US$ | — |
| 2004 | 899.35 million constant 2015 US$ | +9.5% |
| 2005 | 957.40 million constant 2015 US$ | +6.5% |
| 2006 | 983.93 million constant 2015 US$ | +2.8% |
| 2007 | 995.70 million constant 2015 US$ | +1.2% |
| 2008 | 996.64 million constant 2015 US$ | +0.1% |
| 2009 | 1.00 billion constant 2015 US$ | +0.7% |
| 2010 | 1,000.00 million constant 2015 US$ | -0.4% |
| 2011 | 1.00 billion constant 2015 US$ | +0.4% |
| 2012 | 994.59 million constant 2015 US$ | -0.9% |
| 2013 | 983.68 million constant 2015 US$ | -1.1% |
| 2014 | 990.65 million constant 2015 US$ | +0.7% |
| 2015 | 992.46 million constant 2015 US$ | +0.2% |
| 2016 | 1.01 billion constant 2015 US$ | +1.5% |
| 2017 | 1.02 billion constant 2015 US$ | +0.9% |
| 2018 | 1.03 billion constant 2015 US$ | +1.5% |
| 2019 | 1.04 billion constant 2015 US$ | +0.5% |
| 2020 | 1.03 billion constant 2015 US$ | -0.3% |
| 2021 | 1.07 billion constant 2015 US$ | +3.2% |
| 2022 | 1.07 billion constant 2015 US$ | +0.6% |
| 2023 | 1.07 billion constant 2015 US$ | +0.1% |
Greenland compared with similar countries
- Greenland's 1.07 billion constant 2015 US$ is below the median for high income countries, which is 105.80 billion constant 2015 US$, 1% of the median. (63 countries reporting)
- Greenland's 1.07 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 80.30 billion constant 2015 US$, 1% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 951.18 million constant 2015 US$ | 821.42 million constant 2015 US$ | 1.00 billion constant 2015 US$ | 7 |
| 2010s | 1.01 billion constant 2015 US$ | 983.68 million constant 2015 US$ | 1.04 billion constant 2015 US$ | 10 |
| 2020s | 1.06 billion constant 2015 US$ | 1.03 billion constant 2015 US$ | 1.07 billion constant 2015 US$ | 4 |
Countries ranked near Greenland
- 160 Bhutan 1.25 billion constant 2015 US$ compare
- 161 East Timor 1.25 billion constant 2015 US$ compare
- 162 Solomon Islands 1.18 billion constant 2015 US$ compare
- 164 Samoa 763.09 million constant 2015 US$ compare
- 165 San Marino 704.00 million constant 2015 US$ compare
- 166 Northern Mariana Islands 640.52 million constant 2015 US$ 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$), per unit of GDP 1.1 current US$ per US$ of GDP (2023)
- Final consumption expenditure (current LCU), per unit of GDP 5.12 current LCU per US$ of GDP (2023)
Frequently asked questions
- What is households and npishs final consumption expenditure in Greenland?
- Households and npishs final consumption expenditure in Greenland was 1.07 billion constant 2015 US$ 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 1.07 billion constant 2015 US$ in 2023.
- What is the lowest households and npishs final consumption expenditure recorded in Greenland?
- The lowest recorded value was 821.42 million constant 2015 US$ in 2003.
- How does Greenland rank for households and npishs final consumption expenditure?
- Greenland ranks 163rd out of 172 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 9.1%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.