Faroe Islands vs Greenland: Total natural resource rents

Faroe Islands
0.0%
in 2021
Greenland
0.0%
in 2020
Faroe Islands rank
189th
Greenland rank
189th

Total natural resource rents over time

  • Faroe Islands
  • Greenland
01020304050197019952021

How they compare

Faroe Islands currently reports 0.0% against 0.0% in Greenland, a difference of 0.0%.

Across all 23 years both countries report, Greenland has been ahead every year.

Faroe Islands ranks 189th and Greenland ranks 189th of 211 countries.

Greenland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Faroe Islands Greenland Difference Ahead
1990s 0.0% 0.0% 0.0%
2000s 0.0% 0.3% 0.3% Greenland
2010s 0.0% 0.0% 0.0% Greenland
2020s 0.0% 0.0% 0.0%

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total natural resource rents, Faroe Islands or Greenland?
Faroe Islands, at 0.0% against 0.0% in Greenland as of 2021.
What is the difference in total natural resource rents between Faroe Islands and Greenland?
0.0%, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Greenland?
23 years are reported by both, from 1998 to 2020.
How do Faroe Islands and Greenland rank globally for total natural resource rents?
Faroe Islands ranks 189th and Greenland ranks 189th of 211 countries.
Where does this data come from?
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as Total natural resource rents. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Total natural resource rents
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 9,209 data points, 1970–2021
Last refreshed

Natural resources rents are estimated as the difference between the price of a commodity and the average cost of producing it. Total natural resources rents are the sum of oil rents, natural gas rents, coal rents, mineral rents, and forest rents.