Households and NPISHs Final consumption expenditure, PPP in Greenland
Greenland: Households and NPISHs Final consumption expenditure, PPP was 1.30 billion constant 2021 international $ in 2023. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Greenland, 2003–2023
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
The most recent figure for households and npishs final consumption expenditure, ppp in Greenland is 1.30 billion constant 2021 international $, measured in 2023. That is the highest value across all 21 years on record.
The figure is up 0.1% on the previous year and up 9.1% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Greenland peaked at 1.30 billion constant 2021 international $ in 2023 and was at its lowest, 994.71 million constant 2021 international $, in 2003.
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 rising across the 21 years of available data.
Households and NPISHs Final consumption expenditure, PPP in Greenland, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2003 | 994.71 million constant 2021 international $ | — |
| 2004 | 1.09 billion constant 2021 international $ | +9.5% |
| 2005 | 1.16 billion constant 2021 international $ | +6.5% |
| 2006 | 1.19 billion constant 2021 international $ | +2.8% |
| 2007 | 1.21 billion constant 2021 international $ | +1.2% |
| 2008 | 1.21 billion constant 2021 international $ | +0.1% |
| 2009 | 1.22 billion constant 2021 international $ | +0.7% |
| 2010 | 1.21 billion constant 2021 international $ | -0.4% |
| 2011 | 1.22 billion constant 2021 international $ | +0.4% |
| 2012 | 1.20 billion constant 2021 international $ | -0.9% |
| 2013 | 1.19 billion constant 2021 international $ | -1.1% |
| 2014 | 1.20 billion constant 2021 international $ | +0.7% |
| 2015 | 1.20 billion constant 2021 international $ | +0.2% |
| 2016 | 1.22 billion constant 2021 international $ | +1.5% |
| 2017 | 1.23 billion constant 2021 international $ | +0.9% |
| 2018 | 1.25 billion constant 2021 international $ | +1.5% |
| 2019 | 1.26 billion constant 2021 international $ | +0.5% |
| 2020 | 1.25 billion constant 2021 international $ | -0.3% |
| 2021 | 1.29 billion constant 2021 international $ | +3.2% |
| 2022 | 1.30 billion constant 2021 international $ | +0.6% |
| 2023 | 1.30 billion constant 2021 international $ | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.15 billion constant 2021 international $ | 994.71 million constant 2021 international $ | 1.22 billion constant 2021 international $ | 7 |
| 2010s | 1.22 billion constant 2021 international $ | 1.19 billion constant 2021 international $ | 1.26 billion constant 2021 international $ | 10 |
| 2020s | 1.29 billion constant 2021 international $ | 1.25 billion constant 2021 international $ | 1.30 billion constant 2021 international $ | 4 |
Countries ranked near Greenland
- 158 Seychelles 2.28 billion constant 2021 international $ compare
- 159 Solomon Islands 1.39 billion constant 2021 international $ compare
- 160 Sao Tome and Principe 1.36 billion constant 2021 international $ compare
- 162 Samoa 1.08 billion constant 2021 international $ compare
- 163 Vanuatu 1.02 billion constant 2021 international $ compare
- 164 San Marino 858.78 million constant 2021 international $ compare
More economy & growth data for Greenland
- Exports of goods and services (constant 2015 US$), annual growth rate 3.01 % change on previous year (2023)
- Exports of goods and services (current US$), per unit of GDP 0.408 current US$ per US$ of GDP (2023)
- Exports of goods and services (current US$), per capita 23,867 current US$ per person (2023)
- Exports of goods and services (current LCU), annual growth rate 2.77 % change on previous year (2023)
- Exports of goods and services (current LCU), per unit of GDP 2.81 current LCU per US$ of GDP (2023)
- Exports of goods and services (current LCU), per capita 164,435 current LCU per person (2023)
- Gross fixed capital formation (current US$), annual growth rate 0.3077 % change on previous year (2023)
- Gross fixed capital formation (current US$), per capita 20,291 current US$ per person (2023)
- Gross fixed capital formation (current US$), per unit of GDP 0.3469 current US$ per US$ of GDP (2023)
- Exports of goods and services (current US$), annual growth rate 5.55 % change on previous year (2023)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Greenland?
- Households and npishs final consumption expenditure, ppp in Greenland was 1.30 billion constant 2021 international $ in 2023, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Greenland?
- The highest recorded value was 1.30 billion constant 2021 international $ in 2023.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Greenland?
- The lowest recorded value was 994.71 million constant 2021 international $ in 2003.
- How does Greenland rank for households and npishs final consumption expenditure, ppp?
- Greenland ranks 161st out of 170 countries with data for 2023.
- Is households and npishs final consumption expenditure, ppp rising or falling in Greenland?
- Over the last ten years it is up 9.1%. 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), published as part of Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $). 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 indicator provides values for final consumption expenditure 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. 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.