Faroe Islands vs Greenland: Gross capital formation

Faroe Islands

7.87 billion current LCU

in 2024

Greenland

8.25 billion current LCU

in 2023

Faroe Islands rank

155th

Greenland rank

154th

Gross capital formation over time

Faroe Islands
Greenland

How they compare

Greenland currently reports 8.25 billion current LCU against 7.87 billion current LCU in Faroe Islands, a difference of 378.30 million current LCU.

The two have swapped places 8 times across 21 shared years of data; in 2003 it was Faroe Islands ahead.

Globally, Faroe Islands ranks 155th and Greenland ranks 154th of 186 countries.

Individual pages

About this data

Indicator: Gross capital formation (current LCU)
Unit: current LCU
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 186 places, 8,699 data points, 1960–2025
Last refreshed: 06 August 2026

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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.