27, May 2012, CEST. Welcome to the Greenland economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Greenland › Change country
National or Regional Currency: Danish Krone, DKK
Year of data: 2010 › Change year
Number of Indicators Listed:
Full Dataset: From Year 1980 to 2016
Date of Last Update: 1st August 2011
Population: 57,670 (July 2011 est.)
Area: total: 2,166,086 sq km land: 2,166,086 sq km (410,449 sq km ice-free, 1,755,637 sq km ice-covered)
Natural Resources: coal, iron ore, lead, zinc, molybdenum, diamonds, gold, platinum, niobium, tantalite, uranium, fish, seals, whales, hydropower, possible oil and gas
Capital: name: Nuuk (Godthab) geographic coordinates: 64 11 N, 51 45 W time difference: UTC-3 (2 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October note: Greenland is divided into four time zones
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International

Greenland has gradually modernized its economy but still depends heavily on its fishing industry, and fish products are its largest export. The country must import most machinery and transportation equipment, manufactured goods, food, and petroleum products. Tourism is being developed. Significant financial support from Denmark, however, remains essential. Greenland has benefited from greatly improved air transportation and telecommunications in recent years.
More on the Greenland Economy
More on the Greenland Export, Import and Trade