Households and NPISHs Final consumption expenditure in Greenland
Greenland: Households and NPISHs Final consumption expenditure was 1.08 billion current US$ in 2023. ▲ Rising
Households and NPISHs Final consumption expenditure in Greenland, 2003–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Greenland recorded 1.08 billion current US$ for households and npishs final consumption expenditure in 2023.
Compared with earlier readings it is up 5.3% on the previous year and down 5.1% over ten years.
Over the whole period, households and npishs final consumption expenditure in Greenland peaked at 1.19 billion current US$ in 2014 and was at its lowest, 697.24 million current US$, in 2003.
Greenland ranks 177th of 189 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 944.82 million current US$ | 697.24 million current US$ | 1.13 billion current US$ | 7 |
| 2010s | 1.09 billion current US$ | 992.46 million current US$ | 1.19 billion current US$ | 10 |
| 2020s | 1.07 billion current US$ | 1.03 billion current US$ | 1.13 billion current US$ | 4 |
Countries ranked near Greenland
- 174 Suriname 1.57 billion current US$ compare
- 175 East Timor 1.56 billion current US$ compare
- 176 Solomon Islands 1.30 billion current US$ compare
- 178 Sao Tome and Principe 991.15 million current US$ compare
- 179 Vanuatu 975.59 million current US$ compare
- 180 Samoa 937.23 million current US$ compare
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 households and npishs final consumption expenditure in Greenland?
- Households and npishs final consumption expenditure in Greenland was 1.08 billion current US$ in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest households and npishs final consumption expenditure recorded in Greenland?
- The highest recorded value was 1.19 billion current US$ in 2014.
- What is the lowest households and npishs final consumption expenditure recorded in Greenland?
- The lowest recorded value was 697.24 million current US$ in 2003.
- How does Greenland rank for households and npishs final consumption expenditure?
- Greenland ranks 177th out of 189 countries with data for 2023.
- Is households and npishs final consumption expenditure rising or falling in Greenland?
- Over the last ten years it is down 5.1%. 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 Offices (NSOs), published as part of Households and NPISHs Final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
This field 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.