Net primary income (Net income from abroad) in Greenland
Greenland: Net primary income (Net income from abroad) was -1.13 billion current LCU in 2007. ◆ Volatile
Net primary income (Net income from abroad) in Greenland, 1970–2007
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Greenland recorded -1.13 billion current LCU for net primary income (net income from abroad) in 2007.
The figure is up 46.6% on the previous year and down 465.1% over ten years.
Over the whole period, net primary income (net income from abroad) in Greenland peaked at -51.36 million current LCU in 1970 and was at its lowest, -2.11 billion current LCU, in 2006.
That places Greenland 81st out of 207 countries with data for 2007, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income (Net income from abroad) in Greenland, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | -51.36 million current LCU | — |
| 1971 | -64.72 million current LCU | +26.0% |
| 1972 | -72.63 million current LCU | +12.2% |
| 1973 | -83.52 million current LCU | +15.0% |
| 1974 | -102.02 million current LCU | +22.1% |
| 1975 | -119.55 million current LCU | +17.2% |
| 1976 | -143.38 million current LCU | +19.9% |
| 1977 | -166.93 million current LCU | +16.4% |
| 1978 | -193.39 million current LCU | +15.9% |
| 1979 | -218.00 million current LCU | +12.7% |
| 1980 | -268.00 million current LCU | +22.9% |
| 1981 | -287.00 million current LCU | +7.1% |
| 1982 | -225.00 million current LCU | -21.6% |
| 1983 | -337.00 million current LCU | +49.8% |
| 1984 | -288.00 million current LCU | -14.5% |
| 1985 | -300.00 million current LCU | +4.2% |
| 1986 | -400.00 million current LCU | +33.3% |
| 1987 | -400.00 million current LCU | -0.0% |
| 1988 | -450.00 million current LCU | +12.5% |
| 1989 | -450.00 million current LCU | -0.0% |
| 1990 | -450.00 million current LCU | -0.0% |
| 1991 | -450.00 million current LCU | -0.0% |
| 1992 | -450.00 million current LCU | -0.0% |
| 1993 | -400.00 million current LCU | -11.1% |
| 1994 | -350.00 million current LCU | -12.5% |
| 1995 | -275.00 million current LCU | -21.4% |
| 1996 | -200.00 million current LCU | -27.3% |
| 1997 | -200.00 million current LCU | -0.0% |
| 1998 | -200.00 million current LCU | -0.0% |
| 1999 | -200.00 million current LCU | -0.0% |
| 2000 | -200.00 million current LCU | -0.0% |
| 2001 | -242.00 million current LCU | +21.0% |
| 2002 | -242.00 million current LCU | -0.0% |
| 2003 | -1.11 billion current LCU | +360.2% |
| 2004 | -1.33 billion current LCU | +19.8% |
| 2005 | -1.13 billion current LCU | -15.6% |
| 2006 | -2.11 billion current LCU | +88.0% |
| 2007 | -1.13 billion current LCU | -46.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -121.55 million current LCU | -218.00 million current LCU | -51.36 million current LCU | 10 |
| 1980s | -340.50 million current LCU | -450.00 million current LCU | -225.00 million current LCU | 10 |
| 1990s | -317.50 million current LCU | -450.00 million current LCU | -200.00 million current LCU | 10 |
| 2000s | -937.70 million current LCU | -2.11 billion current LCU | -200.00 million current LCU | 8 |
Countries ranked near Greenland
- 78 Seychelles -902.20 million current LCU compare
- 79 Austria -953.60 million current LCU compare
- 80 Croatia -980.39 million current LCU compare
- 82 Sierra Leone -1.14 billion current LCU compare
- 83 Cayman Islands -1.24 billion current LCU
- 84 Bahrain -1.43 billion current LCU compare
More economy & growth data for Greenland
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2761 current LCU per US$ of GDP (2023)
- Domestic currency per US dollar (End-of-period (EoP)) 7.05 (2016)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 9.48 (2016)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1055 (2016)
- Taxes less subsidies on products (current LCU), per capita 16,154 current LCU per person (2023)
- Taxes less subsidies on products (current LCU), annual growth rate 4.97 % change on previous year (2023)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0401 current US$ per US$ of GDP (2023)
- Taxes less subsidies on products (current US$), per capita 2,345 current US$ per person (2023)
- GDP (constant LCU), per unit of GDP 4.89 constant LCU per US$ of GDP (2023)
- GDP (constant LCU), per capita 285,947 constant LCU per person (2023)
Frequently asked questions
- What is net primary income (net income from abroad) in Greenland?
- Net primary income (net income from abroad) in Greenland was -1.13 billion current LCU in 2007, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net primary income (net income from abroad) recorded in Greenland?
- The highest recorded value was -51.36 million current LCU in 1970.
- What is the lowest net primary income (net income from abroad) recorded in Greenland?
- The lowest recorded value was -2.11 billion current LCU in 2006.
- How does Greenland rank for net primary income (net income from abroad)?
- Greenland ranks 81st out of 207 countries with data for 2007.
- Is net primary income (net income from abroad) rising or falling in Greenland?
- Over the last ten years it is down 465.1%. The long-run trend across the full record is volatile.
- Where does this Greenland data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net primary income (Net income from abroad) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). 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.