Statizoid

Faroe Islands vs Greenland: Gross capital formation

Faroe Islands
1.14 billion current US$
in 2024
Greenland
1.20 billion current US$
in 2023
Faroe Islands rank
156th
Greenland rank
155th

Gross capital formation over time

  • Faroe Islands
  • Greenland
0500.0M1.0B1.5B199820112024

How they compare

Greenland currently reports 1.20 billion current US$ against 1.14 billion current US$ in Faroe Islands, a difference of 55.70 million current US$.

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

Globally, Faroe Islands ranks 156th and Greenland ranks 155th of 186 countries.

Individual pages

About this data

Indicator
Gross capital formation (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
229 places, 10,929 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.