Faroe Islands vs Greenland: Gross domestic product (GDP)
Faroe Islands
1.67 billion current GBP
in 2013
Greenland
1.48 billion current GBP
in 2014
Faroe Islands rank
168th
Greenland rank
171st
Gross domestic product (GDP) over time
- Faroe Islands
- Greenland
How they compare
Faroe Islands currently reports 1.67 billion current GBP against 1.48 billion current GBP in Greenland, a difference of 188.12 million current GBP.
That makes Faroe Islands's figure about 1.1 times Greenland's.
The two have swapped places 5 times across 16 shared years of data; in 1998 it was Greenland ahead.
Faroe Islands ranks 168th and Greenland ranks 171st of 200 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 |
|---|---|---|---|---|
| 1990s | 681.69 million current GBP | 696.84 million current GBP | 15.15 million current GBP | Greenland |
| 2000s | 1.01 billion current GBP | 963.22 million current GBP | 47.18 million current GBP | Faroe Islands |
| 2010s | 1.55 billion current GBP | 1.52 billion current GBP | 27.97 million current GBP | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product (gdp), Faroe Islands or Greenland?
- Faroe Islands, at 1.67 billion current GBP against 1.48 billion current GBP in Greenland as of 2013.
- What is the difference in gross domestic product (gdp) between Faroe Islands and Greenland?
- 188.12 million current GBP, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Greenland?
- 16 years are reported by both, from 1998 to 2013.
- How do Faroe Islands and Greenland rank globally for gross domestic product (gdp)?
- Faroe Islands ranks 168th and Greenland ranks 171st of 200 countries.
- Where does this data come from?
- Fouquin and Hugot (2016) β processed by Our World in Data, published as Gross domestic product (GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.