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Greenland Imports (% GDP)

Greenland's imports (% GDP) fell to 51.09% in 2023, down from 52.58% in 2022, according to World Bank. This represents a decrease of 1.49% from the previous year. Greenland has imports (% GDP) higher than the global median (51.09% vs median 45.74%). Compared with the median in Americas, Greenland is higher (51.09% vs regional median 38.78%) and ranks 11th out of 32 countries in Americas.

Greenland's exports (% GDP) rose to 40.8% in 2023, up from 40.79% in 2022.

Yearly Historical Data (2003-2023)

(in %)
Year Imports (% GDP)
2023 51.09%
2022 52.58%
2021 49.63%
2020 46.69%
2019 51.15%
2018 45.32%
2017 43.52%
2016 45.07%
2015 45.52%
2014 48.62%
2013 58.21%
2012 63.47%
2011 92.55%
2010 76.42%
2009 55.03%
2008 70.39%
2007 58.76%
2006 51.89%
2005 58.65%
2004 48.87%
2003 49.5%
Greenland Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries by Greenland compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $640.9M $595.84M 2018
Annual Imports $829.15M $760.31M 2018
Exports (% GDP) 40.8% 40.79% 2023
Trade (% GDP) 91.89% 93.37% 2023