Gross national expenditure in Greenland
Greenland: Gross national expenditure was 3.67 billion current US$ in 2023. ▲ Rising
Gross national expenditure in Greenland, 2003–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2023, gross national expenditure in Greenland stood at 3.67 billion current US$.
Compared with earlier readings it is up 4.1% on the previous year and up 13.4% over ten years.
Over the whole period, gross national expenditure in Greenland peaked at 4.15 billion current US$ in 2011 and was at its lowest, 1.74 billion current US$, in 2003.
That places Greenland 164th out of 185 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.49 billion current US$ | 1.74 billion current US$ | 3.33 billion current US$ | 7 |
| 2010s | 3.22 billion current US$ | 2.70 billion current US$ | 4.15 billion current US$ | 10 |
| 2020s | 3.61 billion current US$ | 3.42 billion current US$ | 3.81 billion current US$ | 4 |
Countries ranked near Greenland
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)
Frequently asked questions
- What is gross national expenditure in Greenland?
- Gross national expenditure in Greenland was 3.67 billion current US$ in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Greenland?
- The highest recorded value was 4.15 billion current US$ in 2011.
- What is the lowest gross national expenditure recorded in Greenland?
- The lowest recorded value was 1.74 billion current US$ in 2003.
- How does Greenland rank for gross national expenditure?
- Greenland ranks 164th out of 185 countries with data for 2023.
- Is gross national expenditure rising or falling in Greenland?
- Over the last ten years it is up 13.4%. 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 Gross national expenditure (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.