Greenland - Imports of goods and services

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Greenland was $1,523,825,000 as of 2019. Over the past 16 years, the value for this indicator has fluctuated between $2,484,475,000 in 2011 and $771,604,700 in 2003.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

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

See also:

Year Value
2003 $771,604,700
2004 $890,571,000
2005 $1,084,861,000
2006 $1,044,612,000
2007 $1,322,097,000
2008 $1,759,224,000
2009 $1,392,136,000
2010 $1,912,822,000
2011 $2,484,475,000
2012 $1,656,262,000
2013 $1,562,933,000
2014 $1,381,684,000
2015 $1,137,636,000
2016 $1,220,182,000
2017 $1,240,879,000
2018 $1,383,239,000
2019 $1,523,825,000

Imports of goods and services (current LCU)

The value for Imports of goods and services (current LCU) in Greenland was 10,163,000,000 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 13,338,400,000 in 2011 and a minimum value of 5,083,100,000 in 2003.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

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

Year Value
2003 5,083,100,000
2004 5,335,500,000
2005 6,505,800,000
2006 6,212,100,000
2007 7,197,100,000
2008 8,968,700,000
2009 7,463,100,000
2010 10,757,900,000
2011 13,338,400,000
2012 9,593,900,000
2013 8,777,900,000
2014 7,754,700,000
2015 7,653,900,000
2016 8,213,900,000
2017 8,193,400,000
2018 8,734,600,000
2019 10,163,000,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in Greenland was 1,521,141,000 as of 2019. Over the past 16 years, the value for this indicator has fluctuated between 1,932,457,000 in 2011 and 927,167,200 in 2003.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
2003 927,167,200
2004 935,783,200
2005 1,068,251,000
2006 993,081,300
2007 1,117,588,000
2008 1,304,507,000
2009 1,181,903,000
2010 1,637,640,000
2011 1,932,457,000
2012 1,352,626,000
2013 1,262,995,000
2014 1,118,227,000
2015 1,137,636,000
2016 1,262,721,000
2017 1,218,438,000
2018 1,278,933,000
2019 1,521,141,000

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Greenland was 18.94 as of 2019. As the graph below shows, over the past 15 years this indicator reached a maximum value of 38.56 in 2010 and a minimum value of -30.00 in 2012.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

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

See also:

Year Value
2004 0.93
2005 14.16
2006 -7.04
2007 12.54
2008 16.73
2009 -9.40
2010 38.56
2011 18.00
2012 -30.00
2013 -6.63
2014 -11.46
2015 1.74
2016 11.00
2017 -3.51
2018 4.96
2019 18.94

Imports of goods and services (constant LCU)

The value for Imports of goods and services (constant LCU) in Greenland was 9,992,600,000 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 12,694,600,000 in 2011 and a minimum value of 6,090,700,000 in 2003.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

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

Year Value
2003 6,090,700,000
2004 6,147,300,000
2005 7,017,500,000
2006 6,523,700,000
2007 7,341,600,000
2008 8,569,500,000
2009 7,764,100,000
2010 10,757,900,000
2011 12,694,600,000
2012 8,885,600,000
2013 8,296,800,000
2014 7,345,800,000
2015 7,473,300,000
2016 8,295,000,000
2017 8,004,100,000
2018 8,401,500,000
2019 9,992,600,000

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Greenland was 51.10 as of 2019. Its highest value over the past 16 years was 92.55 in 2011, while its lowest value was 43.52 in 2017.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

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

See also:

Year Value
2003 49.50
2004 48.87
2005 58.65
2006 51.89
2007 58.76
2008 70.39
2009 55.03
2010 76.42
2011 92.55
2012 63.47
2013 58.21
2014 48.62
2015 45.52
2016 45.07
2017 43.52
2018 45.50
2019 51.10

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts