Economy of Greenland | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-06-02

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Economy_of_Greenland


00:01:03 1 Historical development
00:06:03 2 Sectors of the economy
00:06:35 2.1 Governance
00:07:21 2.2 Fishing industry
00:08:03 2.3 Hunting and whaling
00:09:22 2.4 Retail
00:09:55 2.5 Mining
00:11:24 2.6 Energy
00:15:10 2.7 Tourism
00:15:57 2.8 Agriculture and forestry
00:17:14 2.9 Animal husbandry
00:19:09 3 See also



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SUMMARY
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The economy of Greenland can be characterized as small, mixed and vulnerable. Greenland's economy consists of a large public sector and comprehensive foreign trade. This has resulted in an economy with periods of strong growth, considerable inflation, unemployment problems and extreme dependence on capital inflow from the Kingdom Government.GDP per capita is close to the average for European economies, but the economy is critically dependent upon substantial support from the Danish government, which supplies about half the revenues of the Self-rule Government, which in turn employs 10,307 Greenlanders  out of 25,620 currently in employment (2015). Unemployment nonetheless remains high, with the rest of the economy dependent upon demand for exports of shrimp and fish.