Economy of Qaqortoq

Like the rest of Greenland, Qaqortoq is critically dependent upon investment from Denmark and relies heavily on Danish block funding. Of all exports produced in Qaqortoq, 70.1% are headed for the Danish market.

Employment

As with the rest of Greenland, unemployment in south Greenland – and thereby Qaqortoq – remains high. In 2010, the unemployment was at 10.4%, an increase of over 1.2% since 2009. For workers born outside Greenland unemployment was at 0.1% of the total eligible workforce during the same period.

Energy

All of Qaqortoq's electricity is supplied by the government-owned company Nukissiorfiit. Since 2007, Qaqortoq gets its electric power mainly from Qorlortorsuaq Dam by way of a 70-kilometer (43 mi) 70 kV powerline. Previously the town's electricity was supplied by means of so-called "bunker fuel generators", three diesel ship engines converted to energy production