Households and NPISHs Final consumption expenditure (constant LCU) in Greenland
Greenland: Households and NPISHs Final consumption expenditure (constant LCU) was 1.96 constant LCU per US$ of GDP in 2023. ▼ Falling
Households and NPISHs Final consumption expenditure (constant LCU) in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2023, households and npishs final consumption expenditure (constant lcu) in Greenland stood at 1.96 constant LCU 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 12.0% over ten years.
Over the whole period, households and npishs final consumption expenditure (constant lcu) in Greenland peaked at 3.2 constant LCU per US$ of GDP in 2003 and was at its lowest, 1.96 constant LCU per US$ of GDP, in 2023.
Greenland ranks 102nd of 179 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Households and NPISHs Final consumption expenditure (constant LCU) in Greenland, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 3.2 constant LCU per US$ of GDP | — |
| 2004 | 3 constant LCU per US$ of GDP | -6.4% |
| 2005 | 3.15 constant LCU per US$ of GDP | +4.9% |
| 2006 | 2.97 constant LCU per US$ of GDP | -5.6% |
| 2007 | 2.69 constant LCU per US$ of GDP | -9.5% |
| 2008 | 2.42 constant LCU per US$ of GDP | -9.9% |
| 2009 | 2.41 constant LCU per US$ of GDP | -0.5% |
| 2010 | 2.43 constant LCU per US$ of GDP | +0.7% |
| 2011 | 2.27 constant LCU per US$ of GDP | -6.4% |
| 2012 | 2.32 constant LCU per US$ of GDP | +1.9% |
| 2013 | 2.23 constant LCU per US$ of GDP | -3.9% |
| 2014 | 2.12 constant LCU per US$ of GDP | -4.9% |
| 2015 | 2.41 constant LCU per US$ of GDP | +13.9% |
| 2016 | 2.26 constant LCU per US$ of GDP | -6.3% |
| 2017 | 2.17 constant LCU per US$ of GDP | -4.2% |
| 2018 | 2.05 constant LCU per US$ of GDP | -5.3% |
| 2019 | 2.1 constant LCU per US$ of GDP | +2.5% |
| 2020 | 2.03 constant LCU per US$ of GDP | -3.3% |
| 2021 | 1.97 constant LCU per US$ of GDP | -3.2% |
| 2022 | 2.07 constant LCU per US$ of GDP | +5.1% |
| 2023 | 1.96 constant LCU per US$ of GDP | -5.2% |
Greenland compared with similar countries
- Greenland's 1.96 constant LCU per US$ of GDP is above the median for high income countries, which is 0.5276 constant LCU per US$ of GDP, 3.7× the median. (63 countries reporting)
- Greenland's 1.96 constant LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.5256 constant LCU per US$ of GDP, 3.7× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.84 constant LCU per US$ of GDP | 2.41 constant LCU per US$ of GDP | 3.2 constant LCU per US$ of GDP | 7 |
| 2010s | 2.24 constant LCU per US$ of GDP | 2.05 constant LCU per US$ of GDP | 2.43 constant LCU per US$ of GDP | 10 |
| 2020s | 2.01 constant LCU per US$ of GDP | 1.96 constant LCU per US$ of GDP | 2.07 constant LCU per US$ of GDP | 4 |
Countries ranked near Greenland
- 99 Denmark 2.45 constant LCU per US$ of GDP compare
- 100 Macao 2.41 constant LCU per US$ of GDP compare
- 101 Malaysia 2.23 constant LCU per US$ of GDP compare
- 103 Ghana 1.82 constant LCU per US$ of GDP compare
- 104 Saudi Arabia 1.68 constant LCU per US$ of GDP compare
- 105 United Arab Emirates 1.62 constant LCU 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$), per unit of GDP 1.1 current US$ 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 (constant lcu) in Greenland?
- Households and npishs final consumption expenditure (constant lcu) in Greenland was 1.96 constant LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure (constant lcu) recorded in Greenland?
- The highest recorded value was 3.2 constant LCU per US$ of GDP in 2003.
- What is the lowest households and npishs final consumption expenditure (constant lcu) recorded in Greenland?
- The lowest recorded value was 1.96 constant LCU per US$ of GDP in 2023.
- How does Greenland rank for households and npishs final consumption expenditure (constant lcu)?
- Greenland ranks 102nd out of 179 countries with data for 2023.
- Is households and npishs final consumption expenditure (constant lcu) rising or falling in Greenland?
- Over the last ten years it is down 12.0%. 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Households and NPISHs Final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Households and NPISHs Final consumption expenditure (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.