Net secondary income (Net current transfers from abroad) in Greenland
Greenland: Net secondary income (Net current transfers from abroad) was 3.48 billion current LCU in 2002. ▲ Rising
Net secondary income (Net current transfers from abroad) in Greenland, 1979–2002
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2002, net secondary income (net current transfers from abroad) in Greenland stood at 3.48 billion current LCU. That is the highest value across all 24 years on record.
The figure is up 2.4% on the previous year and up 14.5% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Greenland peaked at 3.48 billion current LCU in 2002 and was at its lowest, 1.44 billion current LCU, in 1979.
That places Greenland 103rd out of 202 countries with data for 2002, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Net secondary income (Net current transfers from abroad) in Greenland, year by year
| Year | current LCU | Change |
|---|---|---|
| 1979 | 1.44 billion current LCU | — |
| 1980 | 1.95 billion current LCU | +35.2% |
| 1981 | 2.03 billion current LCU | +4.1% |
| 1982 | 2.31 billion current LCU | +13.8% |
| 1983 | 2.34 billion current LCU | +1.2% |
| 1984 | 2.59 billion current LCU | +11.0% |
| 1985 | 2.59 billion current LCU | -0.0% |
| 1986 | 2.56 billion current LCU | -1.4% |
| 1987 | 2.66 billion current LCU | +4.2% |
| 1988 | 2.76 billion current LCU | +3.6% |
| 1989 | 2.70 billion current LCU | -2.3% |
| 1990 | 2.94 billion current LCU | +9.0% |
| 1991 | 3.06 billion current LCU | +4.1% |
| 1992 | 3.04 billion current LCU | -0.8% |
| 1993 | 2.93 billion current LCU | -3.5% |
| 1994 | 2.92 billion current LCU | -0.1% |
| 1995 | 2.97 billion current LCU | +1.7% |
| 1996 | 3.03 billion current LCU | +2.0% |
| 1997 | 3.16 billion current LCU | +4.3% |
| 1998 | 3.19 billion current LCU | +0.9% |
| 1999 | 3.25 billion current LCU | +1.8% |
| 2000 | 3.30 billion current LCU | +1.6% |
| 2001 | 3.39 billion current LCU | +2.8% |
| 2002 | 3.48 billion current LCU | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.44 billion current LCU | 1.44 billion current LCU | 1.44 billion current LCU | 1 |
| 1980s | 2.45 billion current LCU | 1.95 billion current LCU | 2.76 billion current LCU | 10 |
| 1990s | 3.05 billion current LCU | 2.92 billion current LCU | 3.25 billion current LCU | 10 |
| 2000s | 3.39 billion current LCU | 3.30 billion current LCU | 3.48 billion current LCU | 3 |
Countries ranked near Greenland
More economy & growth data for Greenland
- GNI, Atlas method (current US$), per capita 34,797 current US$ per person (2007)
- GNI (current LCU), per unit of GDP 4.94 current LCU per US$ of GDP (2007)
- GNI (current LCU), annual growth rate 12.79 % change on previous year (2007)
- GNI (current US$), per capita 36,110 current US$ per person (2007)
- GNI (current US$), per unit of GDP 0.9077 current US$ per US$ of GDP (2007)
- GNI (current US$), annual growth rate 23.21 % change on previous year (2007)
- Gross domestic savings (current LCU), per capita 103,593 current LCU per person (2023)
- Gross domestic savings (current LCU), annual growth rate 1.36 % change on previous year (2023)
- Gross domestic savings (current LCU), per unit of GDP 1.77 current LCU per US$ of GDP (2023)
- GNI (current LCU), per capita 196,570 current LCU per person (2007)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Greenland?
- Net secondary income (net current transfers from abroad) in Greenland was 3.48 billion current LCU in 2002, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Greenland?
- The highest recorded value was 3.48 billion current LCU in 2002.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Greenland?
- The lowest recorded value was 1.44 billion current LCU in 1979.
- How does Greenland rank for net secondary income (net current transfers from abroad)?
- Greenland ranks 103rd out of 202 countries with data for 2002.
- Is net secondary income (net current transfers from abroad) rising or falling in Greenland?
- Over the last ten years it is up 14.5%. The long-run trend across the full record is rising.
- Where does this Greenland data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.