Economy of Greenland

The economy of Greenland can be characterized as small, mixed and vulnerable. Greenland's economy consists of a big public sector and comprehensive foreign trade, which has resulted in an economy with periods of strong growth, considerable inflation, unemployment problems and extreme dependence on capital inflow from Denmark and use of outside, mainly Danish, skilled labor.

Economy of Greenland

The economy of Greenland can be characterized as small, mixed and vulnerable. Greenland's economy consists of a big public sector and comprehensive foreign trade, which has resulted in an economy with periods of strong growth, considerable inflation, unemployment problems and extreme dependence on capital inflow from Denmark and use of outside, mainly Danish, skilled labor.