Greenland - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Greenland was 60.76 as of 2019. Its highest value over the past 49 years was 116.77 in 1984, while its lowest value was 42.94 in 2015.

Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: World Trade Organization, and World Bank GDP estimates.

See also:

Year Value
1970 96.38
1971 90.32
1972 88.59
1973 89.90
1974 116.53
1975 101.80
1976 89.29
1977 89.28
1978 78.94
1979 104.60
1980 107.97
1981 110.16
1982 111.83
1983 107.16
1984 116.77
1985 113.84
1986 102.82
1987 108.33
1988 101.27
1989 87.87
1990 88.03
1991 73.68
1992 76.02
1993 71.07
1994 64.42
1995 66.59
1996 69.98
1997 64.36
1998 57.75
1999 60.62
2000 59.74
2001 54.50
2002 59.02
2003 51.77
2004 50.86
2005 53.79
2006 52.46
2007 52.80
2008 55.30
2009 43.56
2010 47.46
2011 52.38
2012 51.19
2013 55.76
2014 50.18
2015 42.94
2016 48.35
2017 47.55
2018 50.26
2019 60.76

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade