Greenland: General government final consumption expenditure (current US$)

Key figures

What the numbers say

In 2023, Greenland's general government final consumption expenditure (current US$) rose 6.6% on 2022 (from US$1.3 billion to US$1.39 billion).

Across the 19 yearly changes before that (2004 to 2022), the average change was +3.3% and a typical year strayed about 8.1% from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 15.6% in 2008 and the biggest yearly fall was 15.2% in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is upward, about US$24.88 million a year. A straight line explains 49% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

See how every economy compares in the full ranking.

Closest to Greenland in the 2023 ranking

• United Arab Emirates — 1st of 3: US$63.85 billion
• Togo — 3rd of 3: US$1.3 billion

What this measures

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Limitations: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 21 values

General government final consumption expenditure (current US$) in nearby economies

• Albania — US$3.92 billion (2025)
• Armenia — US$2.98 billion (2025)
• Austria — US$126.95 billion (2025)
• Azerbaijan — US$11.79 billion (2025)
• Belarus — US$17.65 billion (2025)
• Belgium — US$173.77 billion (2025)
• Bosnia and Herzegovina — US$6.62 billion (2025)
• Bulgaria — US$27.23 billion (2025)
• Croatia

More economic policy & debt data for Greenland

• GDP (current US$) — US$3.33 billion (2023)
• GDP (current LCU) — 22.92 billion (2023)
• GDP (constant 2015 US$) — US$2.84 billion (2023)
• GDP (constant LCU) — 16.26 billion (2023)
• GDP per capita (current US$) — US$58,499 (2023)
• GDP per capita (current LCU) — 403,041 (2023)
• GDP per capita (constant 2015 US$) — US$49,930 (2023)
• GDP per capita (constant LCU) — 285,947 (2023)
• GDP (annual % growth) — 0.87% (2023)
• GDP per capita (annual % growth) — 0.5% (2023)
• Adjusted savings, carbon dioxide damage (current US$)

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Questions people ask

What is Greenland's general government final consumption expenditure (current US$)?

US$1.39 billion in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2003?

It is up 86.92% from US$742.28 million in 2003 (3.18% a year on average, compounded). The highest value was US$1.46 billion in 2021 and the lowest US$742.28 million in 2003.

Is the latest change in general government final consumption expenditure (current US$) unusual for Greenland?

In 2023, Greenland's general government final consumption expenditure (current US$) rose 6.6% on 2022 (from US$1.3 billion to US$1.39 billion). Across the 19 yearly changes before that (2004 to 2022), the average change was +3.3% and a typical year strayed about 8.1% from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NE.CON.GOVT.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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