Canada vs Faroe Islands: GNI (current LCU), annual growth rate

Canada
4.86 % change on previous year
in 2024
Faroe Islands
4.81 % change on previous year
in 2023
Canada rank
140th
Faroe Islands rank
141st

GNI (current LCU), annual growth rate over time

  • Canada
  • Faroe Islands
-100102030197119972024

How they compare

Canada currently reports 4.86 % change on previous year against 4.81 % change on previous year in Faroe Islands, a difference of 0.05 % change on previous year.

The two have swapped places 18 times across 42 shared years of data; in 1971 it was Faroe Islands ahead.

Canada ranks 140th and Faroe Islands ranks 141st of 206 countries.

Across the 6 decades both report, Canada averaged higher in 3 and Faroe Islands in 3.

Head to head by decade

Decade Canada Faroe Islands Difference Ahead
1970s 13.28 % change on previous year 15.72 % change on previous year 2.44 % change on previous year Faroe Islands
1980s 9.11 % change on previous year 13.32 % change on previous year 4.22 % change on previous year Faroe Islands
1990s 7.16 % change on previous year 6.99 % change on previous year 0.1736 % change on previous year Canada
2000s 4.79 % change on previous year 4.12 % change on previous year 0.6736 % change on previous year Canada
2010s 4.02 % change on previous year 6.45 % change on previous year 2.43 % change on previous year Faroe Islands
2020s 6.21 % change on previous year 4.97 % change on previous year 1.23 % change on previous year Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gni (current lcu), annual growth rate, Canada or Faroe Islands?
Canada, at 4.86 % change on previous year against 4.81 % change on previous year in Faroe Islands as of 2024.
What is the difference in gni (current lcu), annual growth rate between Canada and Faroe Islands?
0.05 % change on previous year, with Canada ahead.
How many years of comparable data are there for Canada and Faroe Islands?
42 years are reported by both, from 1971 to 2023.
How do Canada and Faroe Islands rank globally for gni (current lcu), annual growth rate?
Canada ranks 140th and Faroe Islands ranks 141st of 206 countries.
Where does this data come from?
Statizoid (derived), published as GNI (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Faroe Islands: GNI (current LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/compare/gni-current-lcu-annual-growth-rate-2/canada/faroe-islands/

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About this data

Indicator
GNI (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 9,636 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GNI (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.