Faroe Islands vs Greenland: GDP
Faroe Islands
3.91 billion current US$
in 2023
Greenland
3.33 billion current US$
in 2023
Faroe Islands rank
173rd
Greenland rank
176th
GDP over time
- Faroe Islands
- Greenland
How they compare
Faroe Islands currently reports 3.91 billion current US$ against 3.33 billion current US$ in Greenland, a difference of 580.78 million current US$.
That makes Faroe Islands's figure about 1.2 times Greenland's.
The two have swapped places 6 times across 54 shared years of data; in 1970 it was Faroe Islands ahead.
Faroe Islands ranks 173rd and Greenland ranks 176th of 208 countries.
Across the 6 decades both report, Faroe Islands averaged higher in 4 and Greenland in 2.
Head to head by decade
| Decade | Faroe Islands | Greenland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 235.36 million current US$ | 208.50 million current US$ | 26.85 million current US$ | Faroe Islands |
| 1980s | 618.12 million current US$ | 574.14 million current US$ | 43.97 million current US$ | Faroe Islands |
| 1990s | 935.95 million current US$ | 1.08 billion current US$ | 140.70 million current US$ | Greenland |
| 2000s | 1.76 billion current US$ | 1.78 billion current US$ | 21.48 million current US$ | Greenland |
| 2010s | 2.77 billion current US$ | 2.74 billion current US$ | 25.59 million current US$ | Faroe Islands |
| 2020s | 3.60 billion current US$ | 3.22 billion current US$ | 387.11 million current US$ | 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 3.91 billion current US$ against 3.33 billion current US$ in Greenland as of 2023.
- What is the difference in gdp between Faroe Islands and Greenland?
- 580.78 million current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Greenland?
- 54 years are reported by both, from 1970 to 2023.
- How do Faroe Islands and Greenland rank globally for gdp?
- Faroe Islands ranks 173rd and Greenland ranks 176th of 208 countries.
- Where does this data come from?
- UNESCO Institute for Statistics, published as GDP (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
February 2026 Data Release