Greenland - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Greenland was $2,411,971,000 as of 2019. Over the past 16 years, the value for this indicator has fluctuated between $2,488,071,000 in 2014 and $1,439,516,000 in 2003.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2003 $1,439,516,000
2004 $1,699,705,000
2005 $1,728,243,000
2006 $1,830,901,000
2007 $2,071,275,000
2008 $2,327,083,000
2009 $2,329,646,000
2010 $2,253,000,000
2011 $2,430,588,000
2012 $2,303,876,000
2013 $2,427,595,000
2014 $2,488,071,000
2015 $2,097,044,000
2016 $2,160,598,000
2017 $2,258,689,000
2018 $2,411,142,000
2019 $2,411,971,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Greenland was 16,086,400,000 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 16,086,400,000 in 2019 and a minimum value of 9,483,100,000 in 2003.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2003 9,483,100,000
2004 10,183,100,000
2005 10,364,100,000
2006 10,888,000,000
2007 11,275,400,000
2008 11,863,700,000
2009 12,489,000,000
2010 12,671,100,000
2011 13,049,100,000
2012 13,345,200,000
2013 13,634,100,000
2014 13,964,300,000
2015 14,108,700,000
2016 14,544,500,000
2017 14,913,900,000
2018 15,225,400,000
2019 16,086,400,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in Greenland was 2,264,482,000 as of 2019. Over the past 16 years, the value for this indicator has fluctuated between 2,264,482,000 in 2019 and 1,738,624,000 in 2003.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2003 1,738,624,000
2004 1,827,827,000
2005 1,875,857,000
2006 1,945,968,000
2007 1,961,956,000
2008 2,021,425,000
2009 2,089,846,000
2010 2,058,828,000
2011 2,062,126,000
2012 2,063,215,000
2013 2,096,442,000
2014 2,101,349,000
2015 2,097,044,000
2016 2,131,344,000
2017 2,158,754,000
2018 2,194,159,000
2019 2,264,482,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Greenland was 3.20 as of 2019. As the graph below shows, over the past 15 years this indicator reached a maximum value of 5.13 in 2004 and a minimum value of -1.48 in 2010.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2004 5.13
2005 2.63
2006 3.74
2007 0.82
2008 3.03
2009 3.38
2010 -1.48
2011 0.16
2012 0.05
2013 1.61
2014 0.23
2015 -0.20
2016 1.64
2017 1.29
2018 1.64
2019 3.20

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Greenland was 13,936,800,000 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 13,936,800,000 in 2019 and a minimum value of 10,700,400,000 in 2003.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2003 10,700,400,000
2004 11,249,400,000
2005 11,545,000,000
2006 11,976,500,000
2007 12,074,900,000
2008 12,440,900,000
2009 12,862,000,000
2010 12,671,100,000
2011 12,691,400,000
2012 12,698,100,000
2013 12,902,600,000
2014 12,932,800,000
2015 12,906,300,000
2016 13,117,400,000
2017 13,286,100,000
2018 13,504,000,000
2019 13,936,800,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Greenland was 80.88 as of 2019. Its highest value over the past 16 years was 93.43 in 2005, while its lowest value was 79.21 in 2017.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2003 92.35
2004 93.26
2005 93.43
2006 90.95
2007 92.06
2008 93.12
2009 92.08
2010 90.01
2011 90.54
2012 88.28
2013 90.41
2014 87.54
2015 83.91
2016 79.81
2017 79.21
2018 79.30
2019 80.88

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts