Faroe Islands vs Greenland: GDP at market prices

Faroe Islands
3.20 billion constant 2010 US$
in 2023
Greenland
2.84 billion constant 2010 US$
in 2023
Faroe Islands rank
173rd
Greenland rank
174th

GDP at market prices over time

  • Faroe Islands
  • Greenland
500.0M1.0B1.5B2.0B2.5B3.0B197019962023

How they compare

Faroe Islands currently reports 3.20 billion constant 2010 US$ against 2.84 billion constant 2010 US$ in Greenland, a difference of 356.93 million constant 2010 US$.

That makes Faroe Islands's figure about 1.1 times Greenland's.

The two have swapped places 3 times across 16 shared years of data; in 2008 it was Greenland ahead.

Faroe Islands ranks 173rd and Greenland ranks 174th of 208 countries.

Across the 3 decades both report, Faroe Islands averaged higher in 1 and Greenland in 2.

Head to head by decade

Decade Faroe Islands Greenland Difference Ahead
2000s 2.12 billion constant 2010 US$ 2.41 billion constant 2010 US$ 288.88 million constant 2010 US$ Greenland
2010s 2.50 billion constant 2010 US$ 2.55 billion constant 2010 US$ 46.34 million constant 2010 US$ Greenland
2020s 3.05 billion constant 2010 US$ 2.78 billion constant 2010 US$ 262.93 million constant 2010 US$ Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp at market prices, Faroe Islands or Greenland?
Faroe Islands, at 3.20 billion constant 2010 US$ against 2.84 billion constant 2010 US$ in Greenland as of 2023.
What is the difference in gdp at market prices between Faroe Islands and Greenland?
356.93 million constant 2010 US$, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Greenland?
16 years are reported by both, from 2008 to 2023.
How do Faroe Islands and Greenland rank globally for gdp at market prices?
Faroe Islands ranks 173rd and Greenland ranks 174th of 208 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as GDP at market prices (constant 2010 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Greenland: GDP at market prices. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 31 August 2026, from https://population.statizoid.com/compare/gdp-at-market-prices-constant-2010-us/faroe-islands/greenland/

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About this data

Indicator
GDP at market prices (constant 2010 US$)
Unit
constant 2010 US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
208 places, 10,104 data points, 1970–2024
Last refreshed

February 2026 Data Release