Faroe Islands vs Greenland: GDP growth
GDP growth over time
- Faroe Islands
- Greenland
How they compare
Greenland currently reports 0.9% against 0.8% in Faroe Islands, a difference of 0.1%.
The two have swapped places 5 times across 15 shared years of data; in 2009 it was Greenland ahead.
Faroe Islands ranks 180th and Greenland ranks 179th of 215 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 | -4.6% | 0.9% | 5.4% | Greenland |
| 2010s | 3.5% | 1.2% | 2.3% | Faroe Islands |
| 2020s | 2.6% | 1.2% | 1.4% | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp growth, Faroe Islands or Greenland?
- Greenland, at 0.9% against 0.8% in Faroe Islands as of 2023.
- What is the difference in gdp growth between Faroe Islands and Greenland?
- 0.1%, with Greenland ahead.
- How many years of comparable data are there for Faroe Islands and Greenland?
- 15 years are reported by both, from 2009 to 2023.
- How do Faroe Islands and Greenland rank globally for gdp growth?
- Faroe Islands ranks 180th and Greenland ranks 179th of 215 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP growth (annual %). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.