Faroe Islands vs Greenland: Gross domestic product (GDP), annual growth rate
Faroe Islands
0.8438 % change on previous year
in 2024
Greenland
0.8659 % change on previous year
in 2023
Faroe Islands rank
169th
Greenland rank
168th
Gross domestic product (GDP), annual growth rate over time
- Faroe Islands
- Greenland
How they compare
Greenland currently reports 0.8659 % change on previous year against 0.8438 % change on previous year in Faroe Islands, a difference of 0.0221 % change on previous year.
The two have swapped places 5 times across 15 shared years of data; in 2009 it was Greenland ahead.
Faroe Islands ranks 169th and Greenland ranks 168th of 198 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 | -4.55 % change on previous year | 0.8661 % change on previous year | 5.42 % change on previous year | Greenland |
| 2010s | 3.47 % change on previous year | 1.17 % change on previous year | 2.3 % change on previous year | Faroe Islands |
| 2020s | 2.61 % change on previous year | 1.19 % change on previous year | 1.42 % change on previous year | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product (gdp), annual growth rate, Faroe Islands or Greenland?
- Greenland, at 0.8659 % change on previous year against 0.8438 % change on previous year in Faroe Islands as of 2023.
- What is the difference in gross domestic product (gdp), annual growth rate between Faroe Islands and Greenland?
- 0.0221 % change on previous year, 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 gross domestic product (gdp), annual growth rate?
- Faroe Islands ranks 169th and Greenland ranks 168th of 198 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross domestic product (GDP), 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 Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.