Households and NPISHs Final consumption expenditure (current US$) (US) in Greenland
Greenland: Households and NPISHs Final consumption expenditure (current US$) (US) was 1.08 billion current US$ in 2023. ▲ Rising
Households and NPISHs Final consumption expenditure in Greenland, 2003–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Greenland recorded 1.08 billion current US$ for households and npishs final consumption expenditure in 2023.
Compared with earlier readings it is up 5.3% on the previous year and down 5.1% over ten years.
Over the whole period, households and npishs final consumption expenditure in Greenland peaked at 1.19 billion current US$ in 2014 and was at its lowest, 697.24 million current US$, in 2003.
Greenland ranks 178th of 190 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Households and NPISHs Final consumption expenditure (current US$) (US) in Greenland, year by year
| Year | current US$ | Change |
|---|---|---|
| 2003 | 697.24 million current US$ | — |
| 2004 | 856.66 million current US$ | +22.9% |
| 2005 | 880.10 million current US$ | +2.7% |
| 2006 | 917.81 million current US$ | +4.3% |
| 2007 | 1.03 billion current US$ | +12.7% |
| 2008 | 1.13 billion current US$ | +9.1% |
| 2009 | 1.10 billion current US$ | -2.5% |
| 2010 | 1.08 billion current US$ | -1.7% |
| 2011 | 1.18 billion current US$ | +8.9% |
| 2012 | 1.11 billion current US$ | -5.8% |
| 2013 | 1.14 billion current US$ | +3.0% |
| 2014 | 1.19 billion current US$ | +3.7% |
| 2015 | 992.46 million current US$ | -16.3% |
| 2016 | 1.01 billion current US$ | +2.2% |
| 2017 | 1.05 billion current US$ | +3.4% |
| 2018 | 1.10 billion current US$ | +4.8% |
| 2019 | 1.05 billion current US$ | -4.5% |
| 2020 | 1.05 billion current US$ | +0.3% |
| 2021 | 1.13 billion current US$ | +6.9% |
| 2022 | 1.03 billion current US$ | -8.6% |
| 2023 | 1.08 billion current US$ | +5.3% |
Greenland compared with similar countries
- Greenland's 1.08 billion current US$ is below the median for high income countries, which is 83.58 billion current US$, 1% of the median. (70 countries reporting)
- Greenland's 1.08 billion current US$ is below the median for Europe & Central Asia, which is 83.58 billion current US$, 1% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 944.82 million current US$ | 697.24 million current US$ | 1.13 billion current US$ | 7 |
| 2010s | 1.09 billion current US$ | 992.46 million current US$ | 1.19 billion current US$ | 10 |
| 2020s | 1.07 billion current US$ | 1.03 billion current US$ | 1.13 billion current US$ | 4 |
Countries ranked near Greenland
- 175 Suriname 1.57 billion current US$ compare
- 176 East Timor 1.56 billion current US$ compare
- 177 Solomon Islands 1.30 billion current US$ compare
- 179 Sao Tome and Principe 991.15 million current US$ compare
- 180 Vanuatu 975.59 million current US$ compare
- 181 Samoa 937.23 million current US$ 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 in Greenland?
- Households and npishs final consumption expenditure in Greenland was 1.08 billion current US$ 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 1.19 billion current US$ in 2014.
- What is the lowest households and npishs final consumption expenditure recorded in Greenland?
- The lowest recorded value was 697.24 million current US$ in 2003.
- How does Greenland rank for households and npishs final consumption expenditure?
- Greenland ranks 178th out of 190 countries with data for 2023.
- Is households and npishs final consumption expenditure rising or falling in Greenland?
- Over the last ten years it is down 5.1%. 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 Offices (NSOs), published as part of Households and NPISHs Final consumption expenditure (current US$). 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 indicator is expressed in United States dollars.