Greenland - General government final consumption expenditure

General government final consumption expenditure (current US$)

The latest value for General government final consumption expenditure (current US$) in Greenland was $1,336,537,000 as of 2019. Over the past 16 years, the value for this indicator has fluctuated between $1,336,537,000 in 2019 and $742,277,200 in 2003.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.

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

See also:

Year Value
2003 $742,277,200
2004 $843,050,500
2005 $848,138,200
2006 $913,096,100
2007 $1,037,254,000
2008 $1,199,270,000
2009 $1,229,532,000
2010 $1,171,850,000
2011 $1,253,376,000
2012 $1,194,631,000
2013 $1,284,832,000
2014 $1,302,806,000
2015 $1,104,579,000
2016 $1,146,308,000
2017 $1,209,423,000
2018 $1,318,342,000
2019 $1,336,537,000

General government final consumption expenditure (current LCU)

The value for General government final consumption expenditure (current LCU) in Greenland was 8,913,900,000 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 8,913,900,000 in 2019 and a minimum value of 4,889,900,000 in 2003.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current local currency.

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

Year Value
2003 4,889,900,000
2004 5,050,800,000
2005 5,086,200,000
2006 5,430,000,000
2007 5,646,500,000
2008 6,114,000,000
2009 6,591,400,000
2010 6,590,600,000
2011 6,729,000,000
2012 6,919,900,000
2013 7,216,000,000
2014 7,312,000,000
2015 7,431,500,000
2016 7,716,600,000
2017 7,985,700,000
2018 8,324,800,000
2019 8,913,900,000

General government final consumption expenditure (constant 2010 US$)

The latest value for General government final consumption expenditure (constant 2010 US$) in Greenland was 1,224,439,000 as of 2019. Over the past 16 years, the value for this indicator has fluctuated between 1,224,439,000 in 2019 and 919,928,400 in 2005.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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 922,097,800
2004 931,659,000
2005 919,928,400
2006 963,540,200
2007 967,830,700
2008 1,025,503,000
2009 1,085,907,000
2010 1,059,055,000
2011 1,058,477,000
2012 1,068,809,000
2013 1,112,871,000
2014 1,110,766,000
2015 1,104,579,000
2016 1,124,120,000
2017 1,142,760,000
2018 1,173,886,000
2019 1,224,439,000

General government final consumption expenditure (annual % growth)

The value for General government final consumption expenditure (annual % growth) in Greenland was 4.31 as of 2019. As the graph below shows, over the past 15 years this indicator reached a maximum value of 5.96 in 2008 and a minimum value of -2.47 in 2010.

Definition: Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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

See also:

Year Value
2004 1.04
2005 -1.26
2006 4.74
2007 0.45
2008 5.96
2009 5.89
2010 -2.47
2011 -0.05
2012 0.98
2013 4.12
2014 -0.19
2015 -0.56
2016 1.77
2017 1.66
2018 2.72
2019 4.31

General government final consumption expenditure (constant LCU)

The value for General government final consumption expenditure (constant LCU) in Greenland was 7,619,800,000 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 7,619,800,000 in 2019 and a minimum value of 5,724,800,000 in 2005.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant local currency.

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

Year Value
2003 5,738,300,000
2004 5,797,800,000
2005 5,724,800,000
2006 5,996,200,000
2007 6,022,900,000
2008 6,381,800,000
2009 6,757,700,000
2010 6,590,600,000
2011 6,587,000,000
2012 6,651,300,000
2013 6,925,500,000
2014 6,912,400,000
2015 6,873,900,000
2016 6,995,500,000
2017 7,111,500,000
2018 7,305,200,000
2019 7,619,800,000

General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in Greenland was 44.82 as of 2019. Its highest value over the past 16 years was 48.60 in 2009, while its lowest value was 42.34 in 2016.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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

See also:

Year Value
2003 47.62
2004 46.26
2005 45.85
2006 45.36
2007 46.10
2008 47.99
2009 48.60
2010 46.81
2011 46.69
2012 45.78
2013 47.85
2014 45.84
2015 44.20
2016 42.34
2017 42.41
2018 43.36
2019 44.82

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts