Faroe Islands vs Greenland: Gross domestic savings (current LCU), per unit of GDP
Faroe Islands
2.17 current LCU per US$ of GDP
in 2024
Greenland
1.77 current LCU per US$ of GDP
in 2023
Faroe Islands rank
85th
Greenland rank
88th
Gross domestic savings (current LCU), per unit of GDP over time
- Faroe Islands
- Greenland
How they compare
Faroe Islands currently reports 2.17 current LCU per US$ of GDP against 1.77 current LCU per US$ of GDP in Greenland, a difference of 0.4 current LCU per US$ of GDP.
That makes Faroe Islands's figure about 1.2 times Greenland's.
The two have swapped places 2 times across 21 shared years of data; in 2003 it was Faroe Islands ahead.
Faroe Islands ranks 85th and Greenland ranks 88th of 187 countries.
Faroe Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Faroe Islands | Greenland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.7484 current LCU per US$ of GDP | 0.4353 current LCU per US$ of GDP | 0.3131 current LCU per US$ of GDP | Faroe Islands |
| 2010s | 1.4 current LCU per US$ of GDP | 0.953 current LCU per US$ of GDP | 0.4506 current LCU per US$ of GDP | Faroe Islands |
| 2020s | 2.03 current LCU per US$ of GDP | 1.61 current LCU per US$ of GDP | 0.4227 current LCU per US$ of GDP | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings (current lcu), per unit of gdp, Faroe Islands or Greenland?
- Faroe Islands, at 2.17 current LCU per US$ of GDP against 1.77 current LCU per US$ of GDP in Greenland as of 2024.
- What is the difference in gross domestic savings (current lcu), per unit of gdp between Faroe Islands and Greenland?
- 0.4 current LCU per US$ of GDP, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Greenland?
- 21 years are reported by both, from 2003 to 2023.
- How do Faroe Islands and Greenland rank globally for gross domestic savings (current lcu), per unit of gdp?
- Faroe Islands ranks 85th and Greenland ranks 88th of 187 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross domestic savings (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross domestic savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.