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World Bank · Economy

Faroe Islands: Final consumption expenditure (current US$)

2.78Bcurrent USD · 2024+22.8% since 2014

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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. Annual figures for Faroe Islands from 1998 to 2024.

19982024

Every year

YearValue (current USD)Note
20242,775,045,553.63
20232,664,280,463.693
20222,450,795,338.623
20212,614,140,987.18
20202,392,056,925.611
20192,269,183,636.964
20182,280,723,508.418
20172,117,299,189.916
20162,062,578,973.154
20151,935,847,210.73
20142,259,986,562.059
20132,194,607,422.095
20122,082,080,271.027
20112,122,855,537.79
20101,963,754,039.553
20092,112,475,463.391
20082,125,857,495.619
20071,943,732,765.631
20061,717,501,477.271
20051,669,176,292.457
20041,479,455,127.868
20031,251,215,717.599
2002984,418,181.583
2001877,827,783.55
2000822,291,425.218
1999894,321,296.286
1998841,717,000.006

Source

Published by World Bank, produced by National statistical offices, Central banks, World Bank. Licence: CC BY 4.0. Retrieved 2026-11-07.

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Cite or download

World Bank (2026). Final consumption expenditure (current US$). Interva. https://interva.co/dataset/worldbank-final-consumption-expenditure (accessed 2026-11-07). catalog snapshot 2026-11-07.

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Faroe Islands: Final consumption expenditure (current US$) (1998–2024) · Interva