🇬🇱 Greenland External balance on goods and services
Greenland External balance on goods and services was -2,359,000,000 in 2023, up 10.3% from 2022, according to World Bank data. The 10-year average is -1,683,810,000. Historical data available from 2003 to 2023 (21 data points). The all-time high was -167,400,000 in 2018.
Source: World Bank World Development Indicators • 2003–2023 • 21 data points • Economy & Growth
Latest Value
-2,359,000,000
2023
Year-on-Year
+10.3%
vs 2022
10-Year Average
-1,683,810,000
2014–2023
Range
High: -167,400,000 (2018)
Low: -7,862,100,000 (2011)
Greenland External balance on goods and services (current LCU) — 2003 to 2023
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About this Indicator
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Historical Data Table
| Year | Value |
|---|---|
| 2023 | -2,359,000,000 |
| 2022 | -2,628,800,000 |
| 2021 | -3,224,700,000 |
| 2020 | -2,168,400,000 |
| 2019 | -2,020,100,000 |
| 2018 | -167,400,000 |
| 2017 | -531,500,000 |
| 2016 | -785,000,000 |
| 2015 | -1,335,300,000 |
| 2014 | -1,617,900,000 |
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<iframe src="https://nationstat.com/en/country/greenland/external-balance-on-goods-and-services-current-lcu" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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Related Indicators
Adjusted savings: consumption of fixed capital (current US$)
381.4M
2020
Adjusted savings: carbon dioxide damage (current US$)
21.0M
2021
Adjusted savings: consumption of fixed capital (% of GNI)
12.2
2007
Adjusted savings: carbon dioxide damage (% of GNI)
0.8
2007
Adjusted savings: mineral depletion (% of GNI)
0.5
2007