Trade as a share of GDP in Greenland

Trade as a share of GDP in Greenland was 91.9% in 2023, according to the World Bank. That is down 1.5 pts from 2022.

202391.9%
Change on 2022-1.5 pts
Series high130.52011
Series low82.72020

Trade as a share of GDP in Greenland, 2003 to 2023

809010011012013014020032006200920122015201820232003: 87.3 %2004: 88.2 %2005: 99.7 %2006: 89.7 %2007: 95 %2008: 107.4 %2009: 85.8 %2010: 110.5 %2011: 130.5 %2012: 101 %2013: 95.9 %2014: 87.1 %2015: 83.1 %2016: 85.8 %2017: 84.2 %2018: 89.8 %2019: 92.2 %2020: 82.7 %2021: 83.7 %2022: 93.4 %2023: 91.9 %
%. Source: World Bank, Trade, % of GDP (NE.TRD.GNFS.ZS). Retrieved 2026-10-11, published 2026-10-08.
All 21 values
Period%
202391.9
202293.4
202183.7
202082.7
201992.2
201889.8
201784.2
201685.8
201583.1
201487.1
201395.9
2012101
2011130.5
2010110.5
200985.8
2008107.4
200795
200689.7
200599.7
200488.2
200387.3

Rankings

Definition

Sum of exports and imports of goods and services, as a percentage of GDP. World Bank series.

Can exceed 100%, because exports and imports are both counted against GDP, which is only value added. Small open economies with large re-export or transit trade reach several hundred percent.

How to cite

World Bank, World Development Indicators. Trade, % of GDP (NE.TRD.GNFS.ZS). https://data.worldbank.org/indicator/NE.TRD.GNFS.ZS. Retrieved 2026-10-11.

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Questions

What is the trade as a share of GDP in Greenland?

Trade as a share of GDP in Greenland was 91.9% in 2023, according to the World Bank. That is down 1.5 pts from 2022.

Where does this figure come from?

World Bank. Trade, % of GDP (NE.TRD.GNFS.ZS). Retrieved by Invokely on 2026-10-11.

What was the highest trade as a share of GDP in Greenland?

130.5% in 2011, the highest value since 2003 in this series.

Trade as a share of GDP in other countries

Related statistics for Greenland

All statistics for Greenland