Greenland - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Greenland was 97.94 as of 2020. Its highest value over the past 58 years was 100.00 in 1976, while its lowest value was 77.83 in 2002.

Definition: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1962 93.24
1963 92.86
1964 92.98
1965 96.76
1966 94.47
1967 94.97
1968 92.82
1969 100.00
1970 96.05
1971 92.54
1972 99.12
1973 87.37
1974 99.86
1975 100.00
1976 100.00
1977 97.44
1978 98.60
1979 98.96
1980 95.62
1981 96.63
1982 99.81
1983 97.98
1984 99.89
1985 98.62
1986 98.27
1987 98.26
1988 98.69
1989 98.23
1990 98.53
1991 98.45
1992 98.20
1993 97.88
1994 98.14
1995 98.44
1996 98.20
1997 97.70
1998 97.77
1999 99.13
2000 83.15
2001 82.28
2002 77.83
2003 88.08
2004 98.74
2005 90.30
2006 92.72
2007 95.93
2008 94.79
2009 91.77
2010 92.40
2011 88.93
2012 95.92
2013 90.69
2014 86.29
2015 94.14
2016 88.87
2017 96.56
2018 95.86
2019 98.61
2020 97.94

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports