What is final consumption expenditure in Greenland?

Final consumption expenditure in Greenland was 2.29 billion constant 2015 US$ in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.

What is the highest final consumption expenditure recorded in Greenland?

The highest recorded value was 2.29 billion constant 2015 US$ in 2023.

What is the lowest final consumption expenditure recorded in Greenland?

The lowest recorded value was 1.74 billion constant 2015 US$ in 2003.

How does Greenland rank for final consumption expenditure?

Greenland ranks 155th out of 171 countries with data for 2023.

Is final consumption expenditure rising or falling in Greenland?

Over the last ten years it is up 9.4%. 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 Organizations and/or Central Banks, published as part of Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.

Final consumption expenditure in Greenland

Name: Final consumption expenditure in Greenland
Creator: Country official statistics, National Statistical Organizations and/or Central Banks
License: CC BY 4.0 (World Bank Open Data)

Greenland: Final consumption expenditure was 2.29 billion constant 2015 US$ in 2023. ▲ Rising

Latest (2023)

2.29 billion constant 2015 US$

Change on year

up 1.2%

World rank

155th

of 171 countries

All-time high

2.29 billion constant 2015 US$

in 2023

All-time low

1.74 billion constant 2015 US$

in 2003

Years of data

2003–2023

Final consumption expenditure in Greenland, 2003–2023

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

Greenland recorded 2.29 billion constant 2015 US$ for final consumption expenditure in 2023. That is the highest value across all 21 years on record.

That represents a change of up 1.2% on the previous year and up 9.4% over ten years.

Over the whole period, final consumption expenditure in Greenland peaked at 2.29 billion constant 2015 US$ in 2023 and was at its lowest, 1.74 billion constant 2015 US$, in 2003.

Greenland ranks 155th of 171 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Averages by decade

Decade	Average	Lowest	Highest	Years
2000s	1.92 billion constant 2015 US$	1.74 billion constant 2015 US$	2.09 billion constant 2015 US$	7
2010s	2.12 billion constant 2015 US$	2.06 billion constant 2015 US$	2.26 billion constant 2015 US$	10
2020s	2.27 billion constant 2015 US$	2.22 billion constant 2015 US$	2.29 billion constant 2015 US$	4

Countries ranked near Greenland

152 Lesotho 2.81 billion constant 2015 US$ compare
153 Central African Republic 2.68 billion constant 2015 US$ compare
154 Cape Verde 2.31 billion constant 2015 US$ compare
156 East Timor 2.21 billion constant 2015 US$ compare
157 Belize 2.13 billion constant 2015 US$ compare
158 Vanuatu 2.07 billion constant 2015 US$ compare

See the full ranking of 213 places →

More economy & growth data for Greenland

Services, value added 2.2% (2023)
Industry (including construction), value added -1.3% (2023)
Industry (including construction), value added 3.80 billion constant LCU (2023)
Industry (including construction), value added 18.4% (2023)
Services, value added 2.03 billion current US$ (2023)
Services, value added 13.98 billion current LCU (2023)
Services, value added 1.75 billion constant 2015 US$ (2023)
Discrepancy in expenditure estimate of GDP 0 current LCU (2023)
GDP deflator 140.95 base year varies by country (2023)
Inflation, GDP deflator 1.9% (2023)

All data for Greenland →

Frequently asked questions

What is final consumption expenditure in Greenland?: Final consumption expenditure in Greenland was 2.29 billion constant 2015 US$ in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest final consumption expenditure recorded in Greenland?: The highest recorded value was 2.29 billion constant 2015 US$ in 2023.
What is the lowest final consumption expenditure recorded in Greenland?: The lowest recorded value was 1.74 billion constant 2015 US$ in 2003.
How does Greenland rank for final consumption expenditure?: Greenland ranks 155th out of 171 countries with data for 2023.
Is final consumption expenditure rising or falling in Greenland?: Over the last ten years it is up 9.4%. 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 Organizations and/or Central Banks, published as part of Final consumption expenditure (constant 2015 US$). 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

Indicator: Final consumption expenditure (constant 2015 US$)
Unit: constant 2015 US$
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 213 places, 9,096 data points, 1960–2025
Last refreshed: 06 August 2026

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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 2015. This indicator is expressed in United States dollars.