Households and NPISHs Final consumption expenditure in Greenland
Greenland: Households and NPISHs Final consumption expenditure was 7.47 billion current LCU in 2023. ▲ Rising
Households and NPISHs Final consumption expenditure in Greenland, 2003–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2023, households and npishs final consumption expenditure in Greenland stood at 7.47 billion current LCU. That is the highest value across all 21 years on record.
The figure is up 2.5% on the previous year and up 16.4% over ten years.
Over the whole period, households and npishs final consumption expenditure in Greenland peaked at 7.47 billion current LCU in 2023 and was at its lowest, 4.59 billion current LCU, in 2003.
That places Greenland 168th out of 189 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 expenditure in Greenland, year by year
| Year | current LCU | Change |
|---|---|---|
| 2003 | 4.59 billion current LCU | — |
| 2004 | 5.13 billion current LCU | +11.7% |
| 2005 | 5.28 billion current LCU | +2.8% |
| 2006 | 5.46 billion current LCU | +3.4% |
| 2007 | 5.63 billion current LCU | +3.1% |
| 2008 | 5.75 billion current LCU | +2.1% |
| 2009 | 5.90 billion current LCU | +2.6% |
| 2010 | 6.08 billion current LCU | +3.1% |
| 2011 | 6.32 billion current LCU | +3.9% |
| 2012 | 6.43 billion current LCU | +1.7% |
| 2013 | 6.42 billion current LCU | -0.1% |
| 2014 | 6.65 billion current LCU | +3.6% |
| 2015 | 6.68 billion current LCU | +0.4% |
| 2016 | 6.83 billion current LCU | +2.3% |
| 2017 | 6.93 billion current LCU | +1.5% |
| 2018 | 6.94 billion current LCU | +0.2% |
| 2019 | 7.01 billion current LCU | +0.9% |
| 2020 | 6.89 billion current LCU | -1.6% |
| 2021 | 7.08 billion current LCU | +2.8% |
| 2022 | 7.29 billion current LCU | +2.9% |
| 2023 | 7.47 billion current LCU | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.39 billion current LCU | 4.59 billion current LCU | 5.90 billion current LCU | 7 |
| 2010s | 6.63 billion current LCU | 6.08 billion current LCU | 7.01 billion current LCU | 10 |
| 2020s | 7.18 billion current LCU | 6.89 billion current LCU | 7.47 billion current LCU | 4 |
Countries ranked near Greenland
More economy & growth data for Greenland
- GNI (current US$), per capita 36,110 current US$ per person (2007)
- Gdp worldbank constant usd, per unit of GDP 0.8535 units per US$ of GDP (2023)
- Gdp worldbank constant usd, per capita 49,930 units per person (2023)
- GNI (current LCU), per unit of GDP 4.94 current LCU per US$ of GDP (2007)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2023)
- Manufacturing value added to gdp, per capita 0 units per person (2023)
- GNI (current LCU), annual growth rate 12.79 % change on previous year (2007)
- GNI, Atlas method (current US$), annual growth rate 14.64 % change on previous year (2007)
- GNI, Atlas method (current US$), per unit of GDP 0.8747 current US$ per US$ of GDP (2007)
- GNI, Atlas method (current US$), per capita 34,797 current US$ per person (2007)
Frequently asked questions
- What is households and npishs final consumption expenditure in Greenland?
- Households and npishs final consumption expenditure in Greenland was 7.47 billion current LCU in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest households and npishs final consumption expenditure recorded in Greenland?
- The highest recorded value was 7.47 billion current LCU in 2023.
- What is the lowest households and npishs final consumption expenditure recorded in Greenland?
- The lowest recorded value was 4.59 billion current LCU in 2003.
- How does Greenland rank for households and npishs final consumption expenditure?
- Greenland ranks 168th out of 189 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 16.4%. 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 Offices (NSOs), published as part of Households and NPISHs Final consumption expenditure (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.