Households and NPISHs Final consumption expenditure in Greenland
Greenland: Households and NPISHs Final consumption expenditure was 6.53 billion constant LCU 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 LCU.
Analysis
The most recent figure for households and npishs final consumption expenditure in Greenland is 6.53 billion constant LCU, measured in 2023. That is the highest value across all 21 years on record.
Compared with earlier readings it is 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 6.53 billion constant LCU in 2023 and was at its lowest, 4.99 billion constant LCU, in 2003.
Greenland ranks 159th of 178 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Households and NPISHs Final consumption expenditure in Greenland, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2003 | 4.99 billion constant LCU | — |
| 2004 | 5.47 billion constant LCU | +9.5% |
| 2005 | 5.82 billion constant LCU | +6.5% |
| 2006 | 5.98 billion constant LCU | +2.8% |
| 2007 | 6.05 billion constant LCU | +1.2% |
| 2008 | 6.06 billion constant LCU | +0.1% |
| 2009 | 6.10 billion constant LCU | +0.7% |
| 2010 | 6.08 billion constant LCU | -0.4% |
| 2011 | 6.10 billion constant LCU | +0.4% |
| 2012 | 6.05 billion constant LCU | -0.9% |
| 2013 | 5.98 billion constant LCU | -1.1% |
| 2014 | 6.02 billion constant LCU | +0.7% |
| 2015 | 6.03 billion constant LCU | +0.2% |
| 2016 | 6.12 billion constant LCU | +1.5% |
| 2017 | 6.18 billion constant LCU | +0.9% |
| 2018 | 6.27 billion constant LCU | +1.5% |
| 2019 | 6.30 billion constant LCU | +0.5% |
| 2020 | 6.28 billion constant LCU | -0.3% |
| 2021 | 6.48 billion constant LCU | +3.2% |
| 2022 | 6.52 billion constant LCU | +0.6% |
| 2023 | 6.53 billion constant LCU | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.78 billion constant LCU | 4.99 billion constant LCU | 6.10 billion constant LCU | 7 |
| 2010s | 6.11 billion constant LCU | 5.98 billion constant LCU | 6.30 billion constant LCU | 10 |
| 2020s | 6.45 billion constant LCU | 6.28 billion constant LCU | 6.53 billion constant LCU | 4 |
Countries ranked near Greenland
- 156 Solomon Islands 8.48 billion constant LCU compare
- 157 Turkmenistan 7.90 billion constant LCU
- 158 Kosovo 6.55 billion constant LCU compare
- 160 Brunei 6.05 billion constant LCU compare
- 161 Bahrain 5.81 billion constant LCU compare
- 162 Sao Tome and Principe 5.76 billion constant LCU compare
More economy & growth data for Greenland
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2761 current LCU per US$ of GDP (2023)
- Domestic currency per US dollar (End-of-period (EoP)) 7.05 (2016)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 9.48 (2016)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1055 (2016)
- Taxes less subsidies on products (current LCU), per capita 16,154 current LCU per person (2023)
- Taxes less subsidies on products (current LCU), annual growth rate 4.97 % change on previous year (2023)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0401 current US$ per US$ of GDP (2023)
- Taxes less subsidies on products (current US$), per capita 2,345 current US$ per person (2023)
- GDP (constant LCU), per unit of GDP 4.89 constant LCU per US$ of GDP (2023)
- GDP (constant LCU), per capita 285,947 constant 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 6.53 billion constant LCU 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 6.53 billion constant LCU in 2023.
- What is the lowest households and npishs final consumption expenditure recorded in Greenland?
- The lowest recorded value was 4.99 billion constant LCU in 2003.
- How does Greenland rank for households and npishs final consumption expenditure?
- Greenland ranks 159th out of 178 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 LCU). Statizoid updates them automatically from the source API.
Download this data
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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 varies by country. This series is expressed in local currency units.