Faroe Islands vs Greenland: GDP
Faroe Islands
20.35 billion constant LCU
in 2023
Greenland
16.26 billion constant LCU
in 2023
Faroe Islands rank
161st
Greenland rank
164th
GDP over time
- Faroe Islands
- Greenland
How they compare
Faroe Islands currently reports 20.35 billion constant LCU against 16.26 billion constant LCU in Greenland, a difference of 4.09 billion constant LCU.
That makes Faroe Islands's figure about 1.3 times Greenland's.
The two have swapped places 2 times across 16 shared years of data; in 2008 it was Faroe Islands ahead.
Faroe Islands ranks 161st and Greenland ranks 164th of 209 countries.
Across the 3 decades both report, Faroe Islands averaged higher in 2 and Greenland in 1.
Head to head by decade
| Decade | Faroe Islands | Greenland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.48 billion constant LCU | 13.78 billion constant LCU | 300.20 million constant LCU | Greenland |
| 2010s | 15.92 billion constant LCU | 14.59 billion constant LCU | 1.33 billion constant LCU | Faroe Islands |
| 2020s | 19.39 billion constant LCU | 15.93 billion constant LCU | 3.45 billion constant LCU | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp, Faroe Islands or Greenland?
- Faroe Islands, at 20.35 billion constant LCU against 16.26 billion constant LCU in Greenland as of 2023.
- What is the difference in gdp between Faroe Islands and Greenland?
- 4.09 billion constant LCU, 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?
- Faroe Islands ranks 161st and Greenland ranks 164th of 209 countries.
- Where does this data come from?
- UNESCO Institute for Statistics, published as GDP (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
February 2026 Data Release