Faroe Islands vs Greenland: DEC alternative conversion factor
Faroe Islands
6.89 LCU per US$
in 2023
Greenland
6.89 LCU per US$
in 2024
Faroe Islands rank
115th
Greenland rank
113th
DEC alternative conversion factor over time
- Faroe Islands
- Greenland
How they compare
Greenland currently reports 6.89 LCU per US$ against 6.89 LCU per US$ in Faroe Islands, a difference of 0 LCU per US$.
Across all 54 years both countries report, Greenland has been ahead every year.
Faroe Islands ranks 115th and Greenland ranks 113th of 209 countries.
Greenland has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Faroe Islands | Greenland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.26 LCU per US$ | 6.26 LCU per US$ | 0.0009 LCU per US$ | Greenland |
| 1980s | 8.02 LCU per US$ | 8.02 LCU per US$ | 0 LCU per US$ | β |
| 1990s | 6.31 LCU per US$ | 6.31 LCU per US$ | 0 LCU per US$ | β |
| 2000s | 6.47 LCU per US$ | 6.47 LCU per US$ | 0 LCU per US$ | β |
| 2010s | 6.11 LCU per US$ | 6.11 LCU per US$ | 0 LCU per US$ | β |
| 2020s | 6.7 LCU per US$ | 6.7 LCU per US$ | 0 LCU per US$ | β |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher dec alternative conversion factor, Faroe Islands or Greenland?
- Greenland, at 6.89 LCU per US$ against 6.89 LCU per US$ in Faroe Islands as of 2024.
- What is the difference in dec alternative conversion factor between Faroe Islands and Greenland?
- 0 LCU per US$, with Greenland ahead.
- How many years of comparable data are there for Faroe Islands and Greenland?
- 54 years are reported by both, from 1970 to 2023.
- How do Faroe Islands and Greenland rank globally for dec alternative conversion factor?
- Faroe Islands ranks 115th and Greenland ranks 113th of 209 countries.
- Where does this data come from?
- UNESCO Institute for Statistics, published as DEC alternative conversion factor (LCU per US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
February 2026 Data Release