Faroe Islands vs Greenland: GDP (current LCU), annual growth rate
Faroe Islands
2.86 % change on previous year
in 2024
Greenland
2.75 % change on previous year
in 2023
Faroe Islands rank
186th
Greenland rank
188th
GDP (current LCU), annual growth rate over time
- Faroe Islands
- Greenland
How they compare
Faroe Islands currently reports 2.86 % change on previous year against 2.75 % change on previous year in Greenland, a difference of 0.11 % change on previous year.
The two have swapped places 21 times across 53 shared years of data; in 1971 it was Greenland ahead.
Faroe Islands ranks 186th and Greenland ranks 188th of 212 countries.
Across the 6 decades both report, Faroe Islands averaged higher in 3 and Greenland in 3.
Head to head by decade
| Decade | Faroe Islands | Greenland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 15.91 % change on previous year | 17.5 % change on previous year | 1.59 % change on previous year | Greenland |
| 1980s | 10.69 % change on previous year | 11.96 % change on previous year | 1.28 % change on previous year | Greenland |
| 1990s | 2.52 % change on previous year | 1.62 % change on previous year | 0.8999 % change on previous year | Faroe Islands |
| 2000s | 4.72 % change on previous year | 5.61 % change on previous year | 0.889 % change on previous year | Greenland |
| 2010s | 5.9 % change on previous year | 3.98 % change on previous year | 1.92 % change on previous year | Faroe Islands |
| 2020s | 5.77 % change on previous year | 3.51 % change on previous year | 2.27 % change on previous year | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp (current lcu), annual growth rate, Faroe Islands or Greenland?
- Faroe Islands, at 2.86 % change on previous year against 2.75 % change on previous year in Greenland as of 2024.
- What is the difference in gdp (current lcu), annual growth rate between Faroe Islands and Greenland?
- 0.11 % change on previous year, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Greenland?
- 53 years are reported by both, from 1971 to 2023.
- How do Faroe Islands and Greenland rank globally for gdp (current lcu), annual growth rate?
- Faroe Islands ranks 186th and Greenland ranks 188th of 212 countries.
- Where does this data come from?
- Statizoid (derived), published as GDP (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.