Greenland: Households and NPISHs final consumption expenditure per capita (constant 2015 US$)

Key figures

What the numbers say

In 2023, Greenland's households and NPISHs final consumption expenditure per capita (constant 2015 US$) fell US$54.59 on 2022 (from US$18,926 to US$18,871).

Across the 19 yearly changes before that (2004 to 2022), the average change was +US$234.28 and a typical year strayed about US$383.54 from that (the standard deviation). This year's change was 0.8 standard deviations below 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 US$1,332 in 2004 and the biggest yearly fall was US$139.58 in 2012. 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$153.81 a year. A straight line explains 94% 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.

A straight-line projection, tested first

Extending that straight line gives about US$19,424 for 2026. We show this only because the same method, fitted on earlier years, predicted 2021 to 2023 better than "no change" would have: its average miss was US$301.26, against US$535.68 for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

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$22,906
• Togo — 3rd of 3: US$771.99

What this measures

This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. 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. Household final consumption expenditure is often estimated as a residual, by subtracting all other known expenditures from GDP. The resulting aggregate may incorporate fairly large discrepancies.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 21 values

Households and NPISHs final consumption expenditure per capita (constant 2015 US$) in nearby economies

• Albania — US$4,814 (2025)
• Armenia — US$4,095 (2025)
• Austria — US$23,440 (2025)
• Belarus — US$5,005 (2025)
• Belgium — US$22,972 (2025)
• Bosnia and Herzegovina — US$5,325 (2025)
• Bulgaria — US$11,851 (2025)
• Croatia — US$10,985 (2025)

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$49,930 (2023)
• GDP per capita (constant LCU) — 285,947 (2023)
• GDP (annual % growth) — 0.87% (2023)
• GDP per capita (annual % growth) — 0.5% (2023)
• Adjusted savings, carbon dioxide damage (current US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Greenland's households and NPISHs final consumption expenditure per capita (constant 2015 US$)?

US$18,871 in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2003?

It is up 30.38% from US$14,474 in 2003 (1.34% a year on average, compounded). The highest value was US$18,926 in 2022 and the lowest US$14,474 in 2003.

Source

World Bank, World Development Indicators, indicator NE.CON.PRVT.PC.KD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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