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
0500.0M1.0B1.5B197019922014

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) – 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.

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Faroe Islands vs Greenland: Gross domestic product (GDP). Statizoid, drawing on Fouquin and Hugot (2016) – processed by Our World in Data. Retrieved 11 September 2026, from https://economy.statizoid.com/compare/national-gdp-fouquin-current-gbp/faroe-islands/greenland/

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About this data

Indicator
Gross domestic product (GDP)
Unit
current GBP
Source
Fouquin and Hugot (2016) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
200 places, 13,609 data points, 1827–2014
Last refreshed

This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.