Greenland - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Greenland was -12.31 as of 2019. Its highest value over the past 16 years was -1.02 in 2018, while its lowest value was -54.55 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).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
Year | Value |
---|---|
2003 | -11.71 |
2004 | -9.58 |
2005 | -17.59 |
2006 | -14.09 |
2007 | -22.56 |
2008 | -33.41 |
2009 | -24.30 |
2010 | -42.36 |
2011 | -54.55 |
2012 | -25.95 |
2013 | -20.51 |
2014 | -10.14 |
2015 | -7.94 |
2016 | -4.31 |
2017 | -2.82 |
2018 | -1.02 |
2019 | -12.31 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts