Green Hermit has a conservation status of Least Concern. The geographic range of this species is extensive, and there is no evidence of a declining population size (BirdLife International 2012).
The relative abundance of Green Hermit is considered to be "fairly common" globally (Parker et al. 1996). Other assessments of the relative abundance of Green Hermit are "uncommon and local" (Colombia, Hilty and Brown 1986; Venezuela, Hilty 2003), "fairly common to common" (Ecuador, Ridgely and Greenfield 2001a; Peru, Schulenberg et al. 2010), "common" (Panama, Ridgely and Gwynne 1989; Trinidad, ffrench 1991), and "common to locally abundant" (Costa Rica, Stiles and Skutch 1989).