Greenland - GNI

GNI, Atlas method (current US$)

The latest value for GNI, Atlas method (current US$) in Greenland was $1,967,920,000 as of 2007. Over the past 35 years, the value for this indicator has fluctuated between $1,967,920,000 in 2007 and $91,193,910 in 1972.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

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

See also:

Year Value
1972 $91,193,910
1973 $119,514,700
1974 $154,791,500
1975 $188,680,200
1976 $215,165,500
1977 $254,082,700
1978 $303,281,800
1979 $374,477,800
1980 $465,589,200
1981 $464,169,900
1982 $413,200,000
1983 $378,799,700
1984 $355,153,400
1985 $375,749,100
1986 $456,925,100
1987 $620,304,600
1988 $831,086,200
1989 $938,473,700
1990 $872,242,000
1991 $916,227,300
1992 $964,284,500
1993 $916,415,200
1994 $989,666,500
1995 $1,086,181,000
1996 $1,161,802,000
1997 $1,150,303,000
1998 $1,146,641,000
1999 $1,107,441,000
2000 $1,140,090,000
2001 $1,092,766,000
2002 $1,061,822,000
2003 $1,160,091,000
2004 $1,464,488,000
2005 $1,760,585,000
2006 $1,716,593,000
2007 $1,967,920,000

GNI (current US$)

The latest value for GNI (current US$) in Greenland was $2,042,180,000 as of 2007. Over the past 37 years, the value for this indicator has fluctuated between $2,042,180,000 in 2007 and $62,671,690 in 1970.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.

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

See also:

Year Value
1970 $62,671,690
1971 $79,845,940
1972 $95,649,270
1973 $126,347,400
1974 $153,180,400
1975 $190,389,800
1976 $217,061,400
1977 $254,463,400
1978 $320,921,000
1979 $379,205,500
1980 $428,503,000
1981 $395,457,200
1982 $375,402,000
1983 $379,333,000
1984 $351,563,300
1985 $384,564,600
1986 $553,578,000
1987 $728,915,400
1988 $831,761,200
1989 $868,238,900
1990 $946,256,000
1991 $946,142,400
1992 $963,370,400
1993 $865,528,400
1994 $950,853,700
1995 $1,159,860,000
1996 $1,163,019,000
1997 $1,041,865,000
1998 $1,120,015,000
1999 $1,102,893,000
2000 $1,043,288,000
2001 $1,057,096,000
2002 $1,138,485,000
2003 $1,389,711,000
2004 $1,599,873,000
2005 $1,662,192,000
2006 $1,657,459,000
2007 $2,042,180,000

GNI (current LCU)

The value for GNI (current LCU) in Greenland was 11,117,020,000 as of 2007. As the graph below shows, over the past 37 years this indicator reached a maximum value of 11,117,020,000 in 2007 and a minimum value of 470,037,700 in 1970.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.

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

Year Value
1970 470,037,700
1971 592,265,200
1972 664,695,500
1973 764,338,400
1974 933,619,400
1975 1,093,999,000
1976 1,312,136,000
1977 1,527,594,000
1978 1,769,751,000
1979 1,995,000,000
1980 2,415,000,000
1981 2,817,000,000
1982 3,128,000,000
1983 3,469,000,000
1984 3,641,000,000
1985 4,075,000,000
1986 4,479,000,000
1987 4,986,000,000
1988 5,599,000,000
1989 6,347,000,000
1990 5,856,000,000
1991 6,052,000,000
1992 5,815,000,000
1993 5,612,000,000
1994 6,048,000,000
1995 6,498,000,000
1996 6,744,000,000
1997 6,881,000,000
1998 7,505,000,000
1999 7,694,000,000
2000 8,433,000,000
2001 8,798,000,000
2002 8,988,000,000
2003 9,155,000,000
2004 9,585,000,000
2005 9,968,000,000
2006 9,856,577,000
2007 11,117,020,000

GNI (constant LCU)

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.

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

Year Value
2003 9,412,023,000
2004 9,916,386,000
2005 10,714,960,000
2006 10,312,780,000
2007 11,723,380,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts