Greenland - Net current transfers from abroad

Net current transfers from abroad (current US$)

The latest value for Net current transfers from abroad (current US$) in Greenland was $440,168,700 as of 2002. Over the past 23 years, the value for this indicator has fluctuated between $530,843,900 in 1995 and $244,611,400 in 1985.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1979 $274,092,400
1980 $345,996,200
1981 $284,976,300
1982 $277,231,000
1983 $255,549,500
1984 $250,371,700
1985 $244,611,400
1986 $315,906,600
1987 $389,310,400
1988 $410,012,600
1989 $368,936,500
1990 $475,228,600
1991 $478,542,900
1992 $502,808,100
1993 $451,580,100
1994 $459,862,300
1995 $530,843,900
1996 $522,875,800
1997 $478,764,500
1998 $476,211,800
1999 $465,726,300
2000 $408,506,600
2001 $407,795,500
2002 $440,168,700

Net current transfers from abroad (current LCU)

The value for Net current transfers from abroad (current LCU) in Greenland was 3,475,000,000 as of 2002. As the graph below shows, over the past 23 years this indicator reached a maximum value of 3,475,000,000 in 2002 and a minimum value of 1,442,000,000 in 1979.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1979 1,442,000,000
1980 1,950,000,000
1981 2,030,000,000
1982 2,310,000,000
1983 2,337,000,000
1984 2,593,000,000
1985 2,592,000,000
1986 2,556,000,000
1987 2,663,000,000
1988 2,760,000,000
1989 2,697,000,000
1990 2,941,000,000
1991 3,061,000,000
1992 3,035,000,000
1993 2,928,000,000
1994 2,925,000,000
1995 2,974,000,000
1996 3,032,000,000
1997 3,162,000,000
1998 3,191,000,000
1999 3,249,000,000
2000 3,302,000,000
2001 3,394,000,000
2002 3,475,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts