Greenland

Continent

North America

Capital

Nuuk

Population

57,751

Sub-Zones

General Information

Basic details about Greenland

Population:: 57,751
Area:: 2,166,086 sq km
Currency:: Danish kroner
Languages:: Greenlandic, Danish, English

Economic Overview

Key economic indicators for Greenland

GDP:: $3.857 billion
GDP per Capita:: $68,100
GDP Growth:: 1.29%
Inflation:: 0.3%
Unemployment:: 9.1%
Public Debt:: 13% of GDP

Political System

Governance structure of Greenland

Government Type:: parliamentary democracy (Parliament of Greenland or Inatsisartut)
Head of State:: King FREDERIK X of Denmark (since 14 January 2024), represented by High Commissioner Julie Praest WILCHE (since May 2022) (2024)
Head of Government:: Premier Mute B. EGEDE (since 23 April 2021)
Judiciary:: High Court of Greenland (consists of the presiding professional judge and 2 lay assessors); note - appeals beyond the High Court of Greenland can be heard by the Supreme Court (in Copenhagen)
Administrative Divisions:: 5 municipalities (kommuner, singular kommune); Avannaata, Kujalleq, Qeqertalik, Qeqqata, Sermersooq

Major Political Parties

Not specified

International Relations

Global position and alliances

UN Member:: Yes
EU Member:: No
Diplomatic Presence:: 3200 Whitehaven Street, NWWashington, DC 20008

Major Alliances and Organizations

Economic Sectors & Trade

Detailed economic breakdown

Major Economic Sectors

Agriculture

17.5% (2021 est.)

Industry

16.1% (2021 est.)

Services

62.7% (2021 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

Trade Volume

Exports:: $1.147 billion
Imports:: $1.609 billion

Major Trading Partners

Denmark 50

China 23

UK 5

Japan 5

Germany 3

Economic Outlook

Greenland has a 1.29% GDP growth rate with 0.3% inflation. The economy is characterized by a strong agriculture sector.