Greenland - External balance on goods and services (current LCU)
The value for External balance on goods and services (current LCU) in Greenland was -2,449,200,000 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of -196,600,000 in 2018 and a minimum value of -7,862,100,000 in 2011.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 2003 | -1,202,000,000 |
| 2004 | -1,045,900,000 |
| 2005 | -1,950,900,000 |
| 2006 | -1,686,500,000 |
| 2007 | -2,763,300,000 |
| 2008 | -4,257,300,000 |
| 2009 | -3,295,100,000 |
| 2010 | -5,963,500,000 |
| 2011 | -7,862,100,000 |
| 2012 | -3,923,400,000 |
| 2013 | -3,092,800,000 |
| 2014 | -1,617,900,000 |
| 2015 | -1,335,300,000 |
| 2016 | -785,000,000 |
| 2017 | -531,500,000 |
| 2018 | -196,600,000 |
| 2019 | -2,449,200,000 |
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
