What is final consumption expenditure in Greenland?

Final consumption expenditure in Greenland was 14.12 billion constant LCU 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 14.12 billion constant LCU in 2023.

What is the lowest final consumption expenditure recorded in Greenland?

The lowest recorded value was 10.70 billion constant LCU in 2003.

How does Greenland rank for final consumption expenditure?

Greenland ranks 153rd out of 176 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 LCU). 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 14.12 billion constant LCU in 2023. ▲ Rising

Latest (2023)

14.12 billion constant LCU

Change on year

up 1.2%

World rank

153rd

of 176 countries

All-time high

14.12 billion constant LCU

in 2023

All-time low

10.70 billion constant LCU

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 LCU.

Analysis

In 2023, final consumption expenditure in Greenland stood at 14.12 billion constant LCU. That is the highest value across all 21 years on record.

The figure is 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 14.12 billion constant LCU in 2023 and was at its lowest, 10.70 billion constant LCU, in 2003.

That places Greenland 153rd out of 176 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.

Averages by decade

Decade	Average	Lowest	Highest	Years
2000s	11.84 billion constant LCU	10.70 billion constant LCU	12.86 billion constant LCU	7
2010s	13.07 billion constant LCU	12.67 billion constant LCU	13.92 billion constant LCU	10
2020s	13.95 billion constant LCU	13.68 billion constant LCU	14.12 billion constant LCU	4

Countries ranked near Greenland

150 Estonia 21.56 billion constant LCU compare
151 Venezuela 16.82 billion constant LCU compare
152 South Sudan 16.66 billion constant LCU compare
154 Azerbaijan 13.55 billion constant LCU compare
155 Sudan 13.25 billion constant LCU compare
156 Palestine 12.86 billion constant LCU compare

See the full ranking of 176 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 14.12 billion constant LCU 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 14.12 billion constant LCU in 2023.
What is the lowest final consumption expenditure recorded in Greenland?: The lowest recorded value was 10.70 billion constant LCU in 2003.
How does Greenland rank for final consumption expenditure?: Greenland ranks 153rd out of 176 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 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

Indicator: Final consumption expenditure (constant LCU)
Unit: constant LCU
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 176 places, 7,524 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 varies by country. This series is expressed in local currency units.