Greenland - Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Greenland was $1,075,434,000 as of 2019. Over the past 16 years, the value for this indicator has fluctuated between $1,185,265,000 in 2014 and $697,238,800 in 2003.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.

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

See also:

Year Value
2003 $697,238,800
2004 $856,654,000
2005 $880,104,700
2006 $917,804,500
2007 $1,034,021,000
2008 $1,127,812,000
2009 $1,100,114,000
2010 $1,081,151,000
2011 $1,177,212,000
2012 $1,109,245,000
2013 $1,142,763,000
2014 $1,185,265,000
2015 $992,464,200
2016 $1,014,291,000
2017 $1,049,266,000
2018 $1,092,801,000
2019 $1,075,434,000

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts