Greenland - Gross national expenditure
Gross national expenditure (current US$)
The latest value for Gross national expenditure (current US$) in Greenland was $3,349,477,000 as of 2019. Over the past 16 years, the value for this indicator has fluctuated between $4,148,881,000 in 2011 and $1,741,230,000 in 2003.
Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2003 | $1,741,230,000 |
| 2004 | $1,997,079,000 |
| 2005 | $2,175,124,000 |
| 2006 | $2,296,714,000 |
| 2007 | $2,757,426,000 |
| 2008 | $3,334,183,000 |
| 2009 | $3,144,603,000 |
| 2010 | $3,563,486,000 |
| 2011 | $4,148,881,000 |
| 2012 | $3,286,992,000 |
| 2013 | $3,235,635,000 |
| 2014 | $3,130,316,000 |
| 2015 | $2,697,573,000 |
| 2016 | $2,823,759,000 |
| 2017 | $2,932,105,000 |
| 2018 | $3,071,564,000 |
| 2019 | $3,349,477,000 |
Gross national expenditure (current LCU)
The value for Gross national expenditure (current LCU) in Greenland was 22,339,000,000 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 22,339,000,000 in 2019 and a minimum value of 11,470,700,000 in 2003.
Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 2003 | 11,470,700,000 |
| 2004 | 11,964,700,000 |
| 2005 | 13,044,000,000 |
| 2006 | 13,658,100,000 |
| 2007 | 15,010,600,000 |
| 2008 | 16,998,000,000 |
| 2009 | 16,857,900,000 |
| 2010 | 20,041,400,000 |
| 2011 | 22,274,100,000 |
| 2012 | 19,039,900,000 |
| 2013 | 18,172,300,000 |
| 2014 | 17,568,900,000 |
| 2015 | 18,149,000,000 |
| 2016 | 19,008,700,000 |
| 2017 | 19,360,400,000 |
| 2018 | 19,395,700,000 |
| 2019 | 22,339,000,000 |
Gross national expenditure (constant 2010 US$)
The latest value for Gross national expenditure (constant 2010 US$) in Greenland was 3,172,533,000 as of 2019. Over the past 16 years, the value for this indicator has fluctuated between 3,504,593,000 in 2011 and 2,077,659,000 in 2003.
Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). 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 | 2,077,659,000 |
| 2004 | 2,146,777,000 |
| 2005 | 2,339,613,000 |
| 2006 | 2,419,215,000 |
| 2007 | 2,577,465,000 |
| 2008 | 2,849,983,000 |
| 2009 | 2,798,292,000 |
| 2010 | 3,238,392,000 |
| 2011 | 3,504,593,000 |
| 2012 | 2,943,691,000 |
| 2013 | 2,794,326,000 |
| 2014 | 2,646,216,000 |
| 2015 | 2,697,573,000 |
| 2016 | 2,797,234,000 |
| 2017 | 2,797,134,000 |
| 2018 | 2,813,701,000 |
| 2019 | 3,172,533,000 |
Gross national expenditure (constant LCU)
The value for Gross national expenditure (constant LCU) in Greenland was 19,610,600,000 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 21,704,400,000 in 2011 and a minimum value of 12,818,800,000 in 2003.
Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 2003 | 12,818,800,000 |
| 2004 | 13,242,300,000 |
| 2005 | 14,442,700,000 |
| 2006 | 14,933,500,000 |
| 2007 | 15,920,800,000 |
| 2008 | 17,618,000,000 |
| 2009 | 17,288,600,000 |
| 2010 | 20,041,400,000 |
| 2011 | 21,704,400,000 |
| 2012 | 18,199,600,000 |
| 2013 | 17,263,200,000 |
| 2014 | 16,337,300,000 |
| 2015 | 16,658,600,000 |
| 2016 | 17,278,100,000 |
| 2017 | 17,274,900,000 |
| 2018 | 17,375,100,000 |
| 2019 | 19,610,600,000 |
Gross national expenditure (% of GDP)
Gross national expenditure (% of GDP) in Greenland was 112.31 as of 2019. Its highest value over the past 16 years was 154.55 in 2011, while its lowest value was 101.02 in 2018.
Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2003 | 111.71 |
| 2004 | 109.58 |
| 2005 | 117.59 |
| 2006 | 114.09 |
| 2007 | 122.56 |
| 2008 | 133.42 |
| 2009 | 124.30 |
| 2010 | 142.36 |
| 2011 | 154.55 |
| 2012 | 125.95 |
| 2013 | 120.51 |
| 2014 | 110.14 |
| 2015 | 107.94 |
| 2016 | 104.31 |
| 2017 | 102.82 |
| 2018 | 101.02 |
| 2019 | 112.31 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
