National Accounts

National accounts provide an overall picture of Greenland’s economy. The National Accounts system is a set of definitions and classifications, without which it would not be possible to obtain an overview of the immense number of financial transactions, which take place in Greenland’s economy.

The key figures for the annual national accounts show the main results for Greenland´s economy. The balance of demand and supply shows the supply in the form of Greenlandic production (GDP), imports and demand in the form of household consumption, government consumption, gross investments and exports.

National accounts are compiled according to international guidelines, which make them comparable between countries.