Households and NPISHs Final consumption … current unit GDP LCU in Greenland
Greenland: Households and NPISHs Final consumption … current unit GDP LCU was 2.25 current LCU per US$ of GDP in 2023. ▼ Falling
Households and NPISHs Final consumption expenditure (current LCU) in Greenland, 2003–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2023, households and npishs final consumption expenditure (current lcu) in Greenland stood at 2.25 current LCU per US$ of GDP.
Compared with earlier readings it is down 2.9% on the previous year and down 6.1% over ten years.
Over the whole period, households and npishs final consumption expenditure (current lcu) in Greenland peaked at 2.95 current LCU per US$ of GDP in 2003 and was at its lowest, 2.15 current LCU per US$ of GDP, in 2021.
That places Greenland 117th out of 190 countries with data for 2023, putting it 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 … current unit GDP LCU in Greenland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 2.95 current LCU per US$ of GDP | — |
| 2004 | 2.82 current LCU per US$ of GDP | -4.4% |
| 2005 | 2.85 current LCU per US$ of GDP | +1.3% |
| 2006 | 2.71 current LCU per US$ of GDP | -5.0% |
| 2007 | 2.5 current LCU per US$ of GDP | -7.7% |
| 2008 | 2.3 current LCU per US$ of GDP | -8.0% |
| 2009 | 2.33 current LCU per US$ of GDP | +1.3% |
| 2010 | 2.43 current LCU per US$ of GDP | +4.2% |
| 2011 | 2.35 current LCU per US$ of GDP | -3.1% |
| 2012 | 2.46 current LCU per US$ of GDP | +4.6% |
| 2013 | 2.39 current LCU per US$ of GDP | -2.9% |
| 2014 | 2.34 current LCU per US$ of GDP | -2.1% |
| 2015 | 2.67 current LCU per US$ of GDP | +14.1% |
| 2016 | 2.52 current LCU per US$ of GDP | -5.6% |
| 2017 | 2.43 current LCU per US$ of GDP | -3.7% |
| 2018 | 2.27 current LCU per US$ of GDP | -6.5% |
| 2019 | 2.34 current LCU per US$ of GDP | +2.9% |
| 2020 | 2.23 current LCU per US$ of GDP | -4.6% |
| 2021 | 2.15 current LCU per US$ of GDP | -3.6% |
| 2022 | 2.31 current LCU per US$ of GDP | +7.5% |
| 2023 | 2.25 current LCU per US$ of GDP | -2.9% |
Greenland compared with similar countries
- Greenland's 2.25 current LCU per US$ of GDP is above the median for high income countries, which is 0.6849 current LCU per US$ of GDP, 3.3× the median. (70 countries reporting)
- Greenland's 2.25 current LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.8686 current LCU per US$ of GDP, 2.6× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.64 current LCU per US$ of GDP | 2.3 current LCU per US$ of GDP | 2.95 current LCU per US$ of GDP | 7 |
| 2010s | 2.42 current LCU per US$ of GDP | 2.27 current LCU per US$ of GDP | 2.67 current LCU per US$ of GDP | 10 |
| 2020s | 2.23 current LCU per US$ of GDP | 2.15 current LCU per US$ of GDP | 2.31 current LCU per US$ of GDP | 4 |
Countries ranked near Greenland
- 114 Macao 2.42 current LCU per US$ of GDP compare
- 115 Tunisia 2.39 current LCU per US$ of GDP compare
- 116 Tonga 2.28 current LCU per US$ of GDP compare
- 118 Poland 2.18 current LCU per US$ of GDP compare
- 119 Peru 2.09 current LCU per US$ of GDP compare
- 120 Samoa 2.03 current LCU per US$ of GDP compare
More economy & growth data for Greenland
- Final consumption expenditure (constant 2015 US$), annual growth rate 1.24 % change on previous year (2023)
- Gross national expenditure (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (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 (current LCU), per unit of GDP 5.12 current LCU per US$ of GDP (2023)
- Final consumption expenditure (current US$), per capita 43,463 current US$ per person (2023)
- Final consumption expenditure (current LCU), annual growth rate 3.24 % change on previous year (2023)
- Gross national expenditure (current US$), per capita 64,520 current US$ per person (2023)
- Final consumption expenditure (current LCU), per capita 299,448 current LCU per person (2023)
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 2.25 current LCU per US$ of GDP 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 2.95 current LCU per US$ of GDP in 2003.
- What is the lowest households and npishs final consumption expenditure (current lcu) recorded in Greenland?
- The lowest recorded value was 2.15 current LCU per US$ of GDP in 2021.
- How does Greenland rank for households and npishs final consumption expenditure (current lcu)?
- Greenland ranks 117th out of 190 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 down 6.1%. 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 (current LCU), 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Households and NPISHs Final consumption expenditure (current LCU) ÷ GDP (current US$)
Computed from
- Households and NPISHs Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
- 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 (current 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.