Households and NPISHs Final consumption expenditure (current LCU) in Greenland

Greenland: Households and NPISHs Final consumption expenditure (current LCU) was 2.51 % change on previous year in 2023. ◆ Volatile

Latest (2023)
2.51 % change on previous year
Change on year
down 12.0%
World rank
171st
of 189 countries
All-time high
11.74 % change on previous year
in 2004
All-time low
-1.61 % change on previous year
in 2020
Years of data
20
2004–2023

Households and NPISHs Final consumption expenditure (current LCU) in Greenland, 2004–2023

05102004201320232004: 11.7 % change on previous year2005: 2.8 % change on previous year2006: 3.4 % change on previous year2007: 3.1 % change on previous year2008: 2.1 % change on previous year2009: 2.6 % change on previous year2010: 3.1 % change on previous year2011: 3.9 % change on previous year2012: 1.7 % change on previous year2013: -0.112 % change on previous year2014: 3.6 % change on previous year2015: 0.374 % change on previous year2016: 2.3 % change on previous year2017: 1.5 % change on previous year2018: 0.221 % change on previous year2019: 0.889 % change on previous year2020: -1.6 % change on previous year2021: 2.8 % change on previous year2022: 2.9 % change on previous year2023: 2.5 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Greenland recorded 2.51 % change on previous year for households and npishs final consumption expenditure (current lcu) in 2023.

That represents a change of down 12.0% on the previous year and up 2,342.8% over ten years.

Over the whole period, households and npishs final consumption expenditure (current lcu) in Greenland peaked at 11.74 % change on previous year in 2004 and was at its lowest, -1.61 % change on previous year, in 2020.

Greenland ranks 171st of 189 countries on this measure, 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 (current LCU) in Greenland, year by year

Annual values for Households and NPISHs Final consumption expenditure (current LCU), annual growth rate in Greenland, 2004 to 2023.
Year % change on previous year Change
2004 11.74 % change on previous year
2005 2.84 % change on previous year -75.8%
2006 3.41 % change on previous year +20.3%
2007 3.13 % change on previous year -8.2%
2008 2.15 % change on previous year -31.5%
2009 2.57 % change on previous year +19.9%
2010 3.1 % change on previous year +20.6%
2011 3.94 % change on previous year +27.1%
2012 1.66 % change on previous year -57.8%
2013 -0.1121 % change on previous year -106.7%
2014 3.65 % change on previous year -3356.4%
2015 0.3743 % change on previous year -89.7%
2016 2.26 % change on previous year +503.0%
2017 1.47 % change on previous year -34.9%
2018 0.2208 % change on previous year -85.0%
2019 0.8886 % change on previous year +302.4%
2020 -1.61 % change on previous year -281.7%
2021 2.77 % change on previous year -271.7%
2022 2.86 % change on previous year +3.0%
2023 2.51 % change on previous year -12.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.31 % change on previous year 2.15 % change on previous year 11.74 % change on previous year 6
2010s 1.75 % change on previous year -0.1121 % change on previous year 3.94 % change on previous year 10
2020s 1.63 % change on previous year -1.61 % change on previous year 2.86 % change on previous year 4

Countries ranked near Greenland

  1. 168 Thailand 2.65 % change on previous year compare
  2. 169 New Zealand 2.59 % change on previous year compare
  3. 170 Italy 2.53 % change on previous year compare
  4. 172 Switzerland 2.04 % change on previous year compare
  5. 173 Bhutan 1.98 % change on previous year compare
  6. 174 Japan 1.94 % change on previous year compare

See the full ranking of 189 places →

More economy & growth data for Greenland

All data for Greenland →

Frequently asked questions

What is households and npishs final consumption expenditure (current lcu) in Greenland?
Households and npishs final consumption expenditure (current lcu) in Greenland was 2.51 % change on previous year in 2023, according to Statizoid (derived).
What is the highest households and npishs final consumption expenditure (current lcu) recorded in Greenland?
The highest recorded value was 11.74 % change on previous year in 2004.
What is the lowest households and npishs final consumption expenditure (current lcu) recorded in Greenland?
The lowest recorded value was -1.61 % change on previous year in 2020.
How does Greenland rank for households and npishs final consumption expenditure (current lcu)?
Greenland ranks 171st out of 189 countries with data for 2023.
Is households and npishs final consumption expenditure (current lcu) rising or falling in Greenland?
Over the last ten years it is up 2,342.8%. The long-run trend across the full record is volatile.
Where does this Greenland data come from?
The figures come from Statizoid (derived), published as part of Households and NPISHs Final consumption expenditure (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Households and NPISHs Final consumption expenditure (current LCU) in Greenland. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/stat/households-and-npishs-final-consumption-expenditure-current-lcu-annual-growth-rate/greenland/

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How this figure is calculated

The year-on-year percentage change in Households and NPISHs Final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Households and NPISHs Final consumption expenditure (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 8,476 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Households and NPISHs Final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.