Households and NPISHs Final consumption expenditure, PPP (constant) in Greenland
Greenland: Households and NPISHs Final consumption expenditure, PPP (constant) was 0.3906 constant 2021 international $ per US$ of GDP in 2023. ▼ Falling
Households and NPISHs Final consumption expenditure, PPP (constant) in Greenland, 2003–2023
Source: Statizoid (derived). Measured in constant 2021 international $ per US$ of GDP.
Analysis
Greenland recorded 0.3906 constant 2021 international $ per US$ of GDP for households and npishs final consumption expenditure, ppp (constant) in 2023. That is the lowest value across all 21 years on record.
The figure is down 5.2% on the previous year and down 12.0% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp (constant) in Greenland peaked at 0.6381 constant 2021 international $ per US$ of GDP in 2003 and was at its lowest, 0.3906 constant 2021 international $ per US$ of GDP, in 2023.
That places Greenland 161st out of 170 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Households and NPISHs Final consumption expenditure, PPP (constant) in Greenland, year by year
| Year | constant 2021 international $ per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.6381 constant 2021 international $ per US$ of GDP | — |
| 2004 | 0.5976 constant 2021 international $ per US$ of GDP | -6.4% |
| 2005 | 0.6268 constant 2021 international $ per US$ of GDP | +4.9% |
| 2006 | 0.5919 constant 2021 international $ per US$ of GDP | -5.6% |
| 2007 | 0.5359 constant 2021 international $ per US$ of GDP | -9.4% |
| 2008 | 0.4829 constant 2021 international $ per US$ of GDP | -9.9% |
| 2009 | 0.4805 constant 2021 international $ per US$ of GDP | -0.5% |
| 2010 | 0.4838 constant 2021 international $ per US$ of GDP | +0.7% |
| 2011 | 0.4529 constant 2021 international $ per US$ of GDP | -6.4% |
| 2012 | 0.4615 constant 2021 international $ per US$ of GDP | +1.9% |
| 2013 | 0.4437 constant 2021 international $ per US$ of GDP | -3.9% |
| 2014 | 0.4221 constant 2021 international $ per US$ of GDP | -4.9% |
| 2015 | 0.4809 constant 2021 international $ per US$ of GDP | +13.9% |
| 2016 | 0.4505 constant 2021 international $ per US$ of GDP | -6.3% |
| 2017 | 0.4314 constant 2021 international $ per US$ of GDP | -4.2% |
| 2018 | 0.4087 constant 2021 international $ per US$ of GDP | -5.3% |
| 2019 | 0.4188 constant 2021 international $ per US$ of GDP | +2.5% |
| 2020 | 0.4051 constant 2021 international $ per US$ of GDP | -3.3% |
| 2021 | 0.392 constant 2021 international $ per US$ of GDP | -3.2% |
| 2022 | 0.4119 constant 2021 international $ per US$ of GDP | +5.1% |
| 2023 | 0.3906 constant 2021 international $ per US$ of GDP | -5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5648 constant 2021 international $ per US$ of GDP | 0.4805 constant 2021 international $ per US$ of GDP | 0.6381 constant 2021 international $ per US$ of GDP | 7 |
| 2010s | 0.4454 constant 2021 international $ per US$ of GDP | 0.4087 constant 2021 international $ per US$ of GDP | 0.4838 constant 2021 international $ per US$ of GDP | 10 |
| 2020s | 0.3999 constant 2021 international $ per US$ of GDP | 0.3906 constant 2021 international $ per US$ of GDP | 0.4119 constant 2021 international $ per US$ of GDP | 4 |
Countries ranked near Greenland
- 158 Macao 0.4186 constant 2021 international $ per US$ of GDP compare
- 159 Sweden 0.4159 constant 2021 international $ per US$ of GDP compare
- 160 Netherlands 0.3945 constant 2021 international $ per US$ of GDP compare
- 162 Norway 0.3772 constant 2021 international $ per US$ of GDP compare
- 163 Israel 0.355 constant 2021 international $ per US$ of GDP compare
- 164 Denmark 0.344 constant 2021 international $ per US$ of GDP 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, ppp (constant) in Greenland?
- Households and npishs final consumption expenditure, ppp (constant) in Greenland was 0.3906 constant 2021 international $ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure, ppp (constant) recorded in Greenland?
- The highest recorded value was 0.6381 constant 2021 international $ per US$ of GDP in 2003.
- What is the lowest households and npishs final consumption expenditure, ppp (constant) recorded in Greenland?
- The lowest recorded value was 0.3906 constant 2021 international $ per US$ of GDP in 2023.
- How does Greenland rank for households and npishs final consumption expenditure, ppp (constant)?
- Greenland ranks 161st out of 170 countries with data for 2023.
- Is households and npishs final consumption expenditure, ppp (constant) rising or falling in Greenland?
- Over the last ten years it is down 12.0%. 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, PPP (constant 2021 international $), 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, PPP (constant 2021 international $) divided by GDP (current US$), 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, PPP (constant 2021 international $) ÷ GDP (current US$)
Computed from
- Households and NPISHs Final consumption expenditure, PPP International Comparison Program (ICP), World Bank (WB)
- 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, PPP (constant 2021 international $) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.