Greenland

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Introduction - Greenland:
Location - Greenland:
People - Greenland:
Government - Greenland:
Economy - Greenland:
Economy overview	The economy remains critically dependent on exports of fish and substantial support from the Danish Government, which supplies about half of government revenues. The public sector, including publicly-owned enterprises and the municipalities, plays the dominant role in the economy. Several interesting hydrocarbon and mineral exploration activities are ongoing. Press reports in early 2007 indicated that two international aluminum companies were considering building smelters in Greenland to take advantage of local hydropower potential. Tourism is the only sector offering any near-term potential, and even this is limited due to a short season and high costs. Air Greenland announced plans to begin summer-season direct flights to the U.S. east coast in May 2007 potentially opening a major new tourism market.

Gdp purchasing power parity	$1.1 billion (2001 est.)

Gdp official exchange rate	$1.7 billion (2005)

Gdp real growth rate	2% (2005 est.)

Gdp per capita ppp	$20,000 (2001 est.)

Gdp composition by sector	agriculture: NA% industry: NA% services: NA%

Labor force	32,120 (2004)

Unemployment rate	9.3% (2005 est.)

Population below poverty line	NA%

Household income or consumption by percentage share	lowest 10%: NA% highest 10%: NA%

Inflation rate consumer prices	1% (2005 est.)

Budget	revenues: $1.36 billion expenditures: $1.27 billion; including capital expenditures of $83 million (2005)

Agriculture products	forage crops, garden and greenhouse vegetables; sheep, reindeer; fish

Industries	fish processing (mainly shrimp and Greenland halibut); gold, niobium, tantalite, uranium, iron and diamond mining; handicrafts, hides and skins, small shipyards

Industrial production growth rate	NA%

Electricity production	295 million kWh (2004)

Electricity consumption	274.4 million kWh (2004)

Electricity exports	0 kWh (2004)

Electricity imports	0 kWh (2004)

Oil production	0 bbl/day (2004 est.)

Oil consumption	3,860 bbl/day (2004 est.)

Oil exports	NA bbl/day

Oil imports	NA bbl/day

Oil proved reserves	0 bbl

Natural gas production	0 cu m (2004 est.)

Natural gas consumption	0 cu m (2004 est.)

Exports	$404 million f.o.b. (2005 est.)

Exports commodities	fish and fish products 94% (prawns 63%)

Exports partners	Denmark 67.7%, Japan 11.8%, China 5.5% (2006)

Imports	$599 million c.i.f. (2005 est.)

Imports commodities	machinery and transport equipment, manufactured goods, food, petroleum products

Imports partners	Denmark 70%, Sweden 16.3%, Norway 3.7% (2006)

Debt external	$25 million (1999)

Economic aid recipient	$512 million; note - subsidy from Denmark (2005)

Currency code	Danish krone (DKK)

Exchange rates	Danish kroner per US dollar - 5.9468 (2006), 5.9969 (2005), 5.9911 (2004), 6.5877 (2003), 7.8947 (2002)

Communications - Greenland:
Transportation - Greenland:
Military - Greenland:

This page was last updated on 16 September, 2007
Source: CIA >>>

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An Intelligence Quotient or IQ is a score derived from one of several different standardized tests attempting to measure intelligence. Although the term "IQ" is still in common use, the scoring of modern IQ tests such as the Wechsler Adult Intelligence Scale is now based on a projection of the subject's measured rank on the Gaussian bell curve with a center value (average IQ) of 100, and a standard deviation of 15, although different tests may have different standard deviations. The average IQ scores for many populations have been rising at an average rate of three points per decade since the early 20th century with most of the increase in the lower half of the IQ range: a phenomenon called the Flynn effect. It is disputed whether these changes in scores reflect real changes in intellectual abilities, or merely methodological problems with past or present testing. (Wikipedie)

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Greenland

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Greenland

Greenland: Travel tips, articles, photos, gallery, cities database, population, pics, flags, statistics, free maps online

Back to Countries, Click to read the whole article: Greenland

Economy overview

Gdp purchasing power parity

$1.1 billion (2001 est.)

Gdp official exchange rate

$1.7 billion (2005)

Gdp real growth rate

2% (2005 est.)

Gdp per capita ppp

$20,000 (2001 est.)

Gdp composition by sector

agriculture: NA% industry: NA% services: NA%

Labor force

32,120 (2004)

Unemployment rate

9.3% (2005 est.)

Population below poverty line

NA%

Household income or consumption by percentage share

lowest 10%: NA% highest 10%: NA%

Inflation rate consumer prices

1% (2005 est.)

Budget

revenues: $1.36 billion expenditures: $1.27 billion; including capital expenditures of $83 million (2005)

Agriculture products

forage crops, garden and greenhouse vegetables; sheep, reindeer; fish

Industries

fish processing (mainly shrimp and Greenland halibut); gold, niobium, tantalite, uranium, iron and diamond mining; handicrafts, hides and skins, small shipyards

Industrial production growth rate

NA%

Electricity production

295 million kWh (2004)

Electricity consumption

274.4 million kWh (2004)

Electricity exports

0 kWh (2004)

Electricity imports

0 kWh (2004)

Oil production

0 bbl/day (2004 est.)

Oil consumption

3,860 bbl/day (2004 est.)

Oil exports

NA bbl/day

Oil imports

NA bbl/day

Oil proved reserves

0 bbl

Natural gas production

0 cu m (2004 est.)

Natural gas consumption

0 cu m (2004 est.)

Exports

$404 million f.o.b. (2005 est.)

Exports commodities

fish and fish products 94% (prawns 63%)

Exports partners

Denmark 67.7%, Japan 11.8%, China 5.5% (2006)

Imports

$599 million c.i.f. (2005 est.)

Imports commodities

machinery and transport equipment, manufactured goods, food, petroleum products

Imports partners

Denmark 70%, Sweden 16.3%, Norway 3.7% (2006)

Debt external

$25 million (1999)

Economic aid recipient

$512 million; note - subsidy from Denmark (2005)

Currency code

Danish krone (DKK)

Exchange rates

Danish kroner per US dollar - 5.9468 (2006), 5.9969 (2005), 5.9911 (2004), 6.5877 (2003), 7.8947 (2002)

Free IQ test online

IQ test lasts approximately 30 minutes and contains 40 questions !

In the IQ test you must focus on the maximum. Test questions are simple. In the IQ test may not use the calculator and paper.

agriculture: NA%
industry: NA%
services: NA%

lowest 10%: NA%
highest 10%: NA%

revenues: $1.36 billion
expenditures: $1.27 billion; including capital expenditures of $83 million (2005)