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Faroe Islands: Total consumption

Millions of local currency · 1998–2024 · 27 observations · cons

2024
19.1 billionlocal currency
Change on 2023
+4.2%year on year
Average growth, 2014–2024
+4.2%a year
In US dollars, 2024
$2.78 billionUS dollars

Total consumption

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4B6B8B10B12B14B16B18B20B20002005201020152020Faroe IslandsFaroe Islands
Local currency

Compare with other countries →Definition of Total consumption

Recent values

Millions of local currency

YearValue
202419,133
202318,356
202217,342
202116,435
202015,649
201915,134
201814,402
201713,980
201613,885
201513,024

Sources

  • World Development Indicators1998–2024

Compare these sources →

Faroe Islands documentation (PDF)

More for Faroe Islands

Real GDP per capita (USD)Nominal GDPReal GDPUnemployment rateCurrent account (% of GDP)PopulationAll 31 series →

Total consumption elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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