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Faroe Islands: Household consumption

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

2024
11.3 billionlocal currency
Change on 2023
+2.9%year on year
Average growth, 2014–2024
+3.6%a year
In US dollars, 2024
$1.65 billionUS dollars

Household consumption

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2B4B6B8B10B12B20002005201020152020Faroe IslandsFaroe Islands
Local currency

Compare with other countries →Definition of Household consumption

Recent values

Millions of local currency

YearValue
202411,347
202311,029
202210,449
20219,810
20209,323
20199,120
20188,683
20178,556
20168,647
20158,131

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 →

Household 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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