Faroe Islands vs Greenland: Imports of goods and services
Imports of goods and services over time
- Faroe Islands
- Greenland
How they compare
Faroe Islands currently reports 14.31 billion current LCU against 11.71 billion current LCU in Greenland, a difference of 2.60 billion current LCU.
That makes Faroe Islands's figure about 1.2 times Greenland's.
The two have swapped places 4 times across 21 shared years of data; in 2003 it was Faroe Islands ahead.
Faroe Islands ranks 159th and Greenland ranks 162nd of 193 countries.
Across the 3 decades both report, Faroe Islands averaged higher in 1 and Greenland in 2.
Head to head by decade
| Decade | Faroe Islands | Greenland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.47 billion current LCU | 6.68 billion current LCU | 214.39 million current LCU | Greenland |
| 2010s | 9.13 billion current LCU | 9.33 billion current LCU | 193.48 million current LCU | Greenland |
| 2020s | 13.35 billion current LCU | 10.79 billion current LCU | 2.56 billion current LCU | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher imports of goods and services, Faroe Islands or Greenland?
- Faroe Islands, at 14.31 billion current LCU against 11.71 billion current LCU in Greenland as of 2024.
- What is the difference in imports of goods and services between Faroe Islands and Greenland?
- 2.60 billion current LCU, 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 imports of goods and services?
- Faroe Islands ranks 159th and Greenland ranks 162nd of 193 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Imports of goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.