Greenland - 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

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts