Greenland is the world’s largest island, located between the Arctic and Atlantic oceans, east of the Canadian Arctic Archipelago. Greenland is an autonomous territory within the Kingdom of Denmark.
The coastline is rugged, mountainous and barren, with the land rising to a sloping ice cap that covers most of the island. Northeast Greenland National Park is the world’s largest national park. The Greenland ice sheet covers approximately 83% of the surface. The extreme north, Peary Land, is not covered by ice because the air is too dry to produce snow. If the Greenland ice sheet were to melt away completely, there would be a measurable rise in the world’s sea level.
Much of the economy is based on fishing, with shrimp fishing the largest income producer. Greenland appears to have large reserves of fossil fuels. The state oil company Nunaoil was created to help develop the future hydrocarbon industry. Mining of ruby deposits began in 2007.
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