Economy of Greenland
ebook ∣ Economy in countries, Book 99 · Economy in countries
By Ivan Kushnir

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This book about the economy of Greenland from the 1970s to the 2010s. Source data from UN Data.
Size. In the 2010s, the gross domestic product of Greenland was equal to $2.7 billion per year; the value of agriculture was $461.9 million; the value of industry was $221.9 million. Since the share in the world is less than .01%, the country is classified as a micro economy.
Productivity. In the 2010s, the gross domestic product per capita was $48 556.4, the value of agriculture per capita was $8 176.1, the value of industry per capita was $3 927.8. Since the productivity is greater the average above average, the economy is classified as high developed.
Growth. In the 2010s, the growth of GDP was 1.4%; the growth of agriculture was 1.7%; the growth of industry was 4.2%.
Structure. In the 2010s, the economy of Greenland consisted of: services (41.7%), agriculture (17.4%), transportation (12.3%), trade (10.4%), construction (9.8%), and industry (8.4%).
Exports and imports. In the 2010s, the imports were 44.1% higher than the exports, the net imports were equal to 17.1% of the GDP. The technological structure of exports are not better than the structure of imports.
Consumption and reproduction. The attitude of reproduction to the consumption is better than the global average, so the share of GDP in the world will increase.