Faroe Islands vs Greenland: GDP
Faroe Islands
26.92 billion current LCU
in 2023
Greenland
22.92 billion current LCU
in 2023
Faroe Islands rank
166th
Greenland rank
167th
GDP over time
- Faroe Islands
- Greenland
How they compare
Faroe Islands currently reports 26.92 billion current LCU against 22.92 billion current LCU in Greenland, a difference of 4.00 billion current LCU.
That makes Faroe Islands's figure about 1.2 times Greenland's.
The two have swapped places 6 times across 54 shared years of data; in 1970 it was Faroe Islands ahead.
Faroe Islands ranks 166th and Greenland ranks 167th of 208 countries.
Across the 6 decades both report, Faroe Islands averaged higher in 4 and Greenland in 2.
Head to head by decade
| Decade | Faroe Islands | Greenland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.40 billion current LCU | 1.23 billion current LCU | 162.14 million current LCU | Faroe Islands |
| 1980s | 4.80 billion current LCU | 4.44 billion current LCU | 362.86 million current LCU | Faroe Islands |
| 1990s | 5.93 billion current LCU | 6.79 billion current LCU | 862.43 million current LCU | Greenland |
| 2000s | 10.89 billion current LCU | 10.97 billion current LCU | 84.22 million current LCU | Greenland |
| 2010s | 16.99 billion current LCU | 16.78 billion current LCU | 215.19 million current LCU | Faroe Islands |
| 2020s | 24.15 billion current LCU | 21.54 billion current LCU | 2.61 billion current 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 26.92 billion current LCU against 22.92 billion current LCU in Greenland as of 2023.
- What is the difference in gdp between Faroe Islands and Greenland?
- 4.00 billion current LCU, with Faroe Islands 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 gdp?
- Faroe Islands ranks 166th and Greenland ranks 167th of 208 countries.
- Where does this data come from?
- UNESCO Institute for Statistics, published as GDP (current 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