Faroe Islands — Final consumption (USD)
millions of USD · Annual · 1998–2025 · 28 observations
About this series
Final consumption expenditure is spending by households, nonprofit institutions serving households and government on goods and services for current use. It is a component of GDP. This series reports the amount in millions of US dollars.
In the Faroe Islands, the final consumption reading was 3.04B USD in 2025, compared with 2.78B USD in 2024. The period change was +9.61%. The latest reading was above the selected 10-year average of 2.47B USD. The corresponding ratio to GDP was 68.3% in 2025.
Get the full series
- Annual data, 1998–2025
- The underlying source, downloadable
Latest observations
2016–2025
| Period | Value |
|---|---|
| 2025 | 3.04B USD |
| 2024 | 2.78B USD |
| 2023 | 2.66B USD |
| 2022 | 2.45B USD |
| 2021 | 2.61B USD |
5 earlier values, back to 2016
| 2020 | 2.39B USD |
| 2019 | 2.27B USD |
| 2018 | 2.28B USD |
| 2017 | 2.12B USD |
| 2016 | 2.06B USD |