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Faroe Islands: Government consumption

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

2024
7.79 billionlocal currency
Change on 2023
+6.2%year on year
Average growth, 2014–2024
+5.1%a year
In US dollars, 2024
$1.13 billionUS dollars

Government consumption

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1B2B3B4B5B6B7B8B20002005201020152020Faroe IslandsFaroe Islands
Local currency

Compare with other countries →Definition of Government consumption

Recent values

Millions of local currency

YearValue
20247,785
20237,327
20226,893
20216,626
20206,326
20196,015
20185,719
20175,424
20165,238
20154,893

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 →

Government 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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