Households and NPISHs final consumption expenditure: linked series in Greenland
Greenland: Households and NPISHs final consumption expenditure: linked series was 7.47 billion current LCU in 2023. ▲ Rising
Households and NPISHs final consumption expenditure: linked series in Greenland, 2003–2023
Source: Staff estimates, World Bank (WB). Measured in current LCU.
Analysis
Greenland recorded 7.47 billion current LCU for households and npishs final consumption expenditure: linked series in 2023. 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: linked series 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 187 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: linked series 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
- Taxes less subsidies on products (current US$), per capita 2,345 current US$ per person (2023)
- GDP (current LCU), per unit of GDP 6.89 current LCU per US$ of GDP (2023)
- Taxes less subsidies on products (current LCU), per capita 16,154 current LCU per person (2023)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2761 current LCU per US$ of GDP (2023)
- GDP (current LCU), per capita 403,041 current LCU per person (2023)
- Taxes less subsidies on products (current LCU), annual growth rate 4.97 % change on previous year (2023)
- GDP (constant 2015 US$), annual growth rate 0.8661 % change on previous year (2023)
- Net primary income (Net income from abroad) (current LCU), annual 46.56 % change on previous year (2007)
- Taxes less subsidies on products (current US$), annual growth rate 7.81 % change on previous year (2023)
- GDP (current LCU), annual growth rate 2.75 % change on previous year (2023)
Frequently asked questions
- What is households and npishs final consumption expenditure: linked series in Greenland?
- Households and npishs final consumption expenditure: linked series in Greenland was 7.47 billion current LCU in 2023, according to Staff estimates, World Bank (WB).
- What is the highest households and npishs final consumption expenditure: linked series 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: linked series 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: linked series?
- Greenland ranks 168th out of 187 countries with data for 2023.
- Is households and npishs final consumption expenditure: linked series 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 Staff estimates, World Bank (WB), published as part of Households and NPISHs final consumption expenditure: linked series (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. 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.