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World Bank · Economy

Faroe Islands: Final consumption expenditure (current LCU)

19.13Bcurrent LCU · 2024+50.8% 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 series is expressed in local currency units. Annual figures for Faroe Islands from 1998 to 2024.

19982024

Every year

YearValue (current LCU)Note
202419,132,500,000
202318,356,100,000
202217,342,200,000
202116,435,400,000
202015,649,200,000
201915,134,200,000
201814,401,900,000
201713,980,300,000
201613,884,700,000
201513,024,200,000
201412,684,100,000
201312,325,600,000
201212,060,400,000
201111,397,000,000
201011,044,300,000
200911,324,700,000
200810,837,900,000
200710,581,100,000
200610,213,600,000
200510,009,900,000
20048,863,500,000
20038,242,600,000
20027,771,700,000
20017,306,000,000
20006,646,700,000
19996,239,000,000
19985,640,200,000

Source

Published by World Bank, produced by OECD, 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 LCU). Interva. https://interva.co/dataset/worldbank-final-consumption-expenditure-cn (accessed 2026-11-08). catalog snapshot 2026-11-07.

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