Households and NPISHs Final consumption expenditure per capita, PPP in Greenland
Greenland: Households and NPISHs Final consumption expenditure per capita, PPP was 22,852 constant 2021 international $ in 2023. ▲ Rising
Households and NPISHs Final consumption expenditure per capita, PPP in Greenland, 2003–2023
Source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Measured in constant 2021 international $.
Analysis
In 2023, households and npishs final consumption expenditure per capita, ppp in Greenland stood at 22,852 constant 2021 international $.
The figure is down 0.3% on the previous year and up 8.4% over ten years.
Over the whole period, households and npishs final consumption expenditure per capita, ppp in Greenland peaked at 22,918 constant 2021 international $ in 2022 and was at its lowest, 17,528 constant 2021 international $, in 2003.
Greenland ranks 39th of 170 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Households and NPISHs Final consumption expenditure per capita, PPP in Greenland, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2003 | 17,528 constant 2021 international $ | — |
| 2004 | 19,141 constant 2021 international $ | +9.2% |
| 2005 | 20,363 constant 2021 international $ | +6.4% |
| 2006 | 20,986 constant 2021 international $ | +3.1% |
| 2007 | 21,320 constant 2021 international $ | +1.6% |
| 2008 | 21,426 constant 2021 international $ | +0.5% |
| 2009 | 21,582 constant 2021 international $ | +0.7% |
| 2010 | 21,420 constant 2021 international $ | -0.8% |
| 2011 | 21,369 constant 2021 international $ | -0.2% |
| 2012 | 21,200 constant 2021 international $ | -0.8% |
| 2013 | 21,089 constant 2021 international $ | -0.5% |
| 2014 | 21,310 constant 2021 international $ | +1.0% |
| 2015 | 21,418 constant 2021 international $ | +0.5% |
| 2016 | 21,708 constant 2021 international $ | +1.4% |
| 2017 | 21,902 constant 2021 international $ | +0.9% |
| 2018 | 22,294 constant 2021 international $ | +1.8% |
| 2019 | 22,325 constant 2021 international $ | +0.1% |
| 2020 | 22,205 constant 2021 international $ | -0.5% |
| 2021 | 22,790 constant 2021 international $ | +2.6% |
| 2022 | 22,918 constant 2021 international $ | +0.6% |
| 2023 | 22,852 constant 2021 international $ | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20,335 constant 2021 international $ | 17,528 constant 2021 international $ | 21,582 constant 2021 international $ | 7 |
| 2010s | 21,603 constant 2021 international $ | 21,089 constant 2021 international $ | 22,325 constant 2021 international $ | 10 |
| 2020s | 22,691 constant 2021 international $ | 22,205 constant 2021 international $ | 22,918 constant 2021 international $ | 4 |
Countries ranked near Greenland
- 36 Romania 23,061 constant 2021 international $ compare
- 37 Slovenia 22,976 constant 2021 international $ compare
- 38 Republic of Korea 22,946 constant 2021 international $ compare
- 40 Japan 22,639 constant 2021 international $ compare
- 41 Croatia 21,755 constant 2021 international $ compare
- 42 Russian Federation 21,597 constant 2021 international $ compare
More economy & growth data for Greenland
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.28 % change on previous year (2023)
- Gross value added at basic prices (GVA) (current US$), per capita 56,154 current US$ per person (2023)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.66 % change on previous year (2023)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 6.61 current LCU per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (current LCU), per capita 386,886 current LCU per person (2023)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 49,674 constant 2015 US$ per person (2023)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 4.9 constant LCU per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.28 % change on previous year (2023)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9599 current US$ per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8491 constant 2015 US$ per US$ of GDP (2023)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita, ppp in Greenland?
- Households and npishs final consumption expenditure per capita, ppp in Greenland was 22,852 constant 2021 international $ in 2023, according to International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024.
- What is the highest households and npishs final consumption expenditure per capita, ppp recorded in Greenland?
- The highest recorded value was 22,918 constant 2021 international $ in 2022.
- What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in Greenland?
- The lowest recorded value was 17,528 constant 2021 international $ in 2003.
- How does Greenland rank for households and npishs final consumption expenditure per capita, ppp?
- Greenland ranks 39th out of 170 countries with data for 2023.
- Is households and npishs final consumption expenditure per capita, ppp rising or falling in Greenland?
- Over the last ten years it is up 8.4%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as part of Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure 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. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.