Faroe Islands — Government consumption (USD)
millions of USD · Annual · 1998–2025 · 28 observations
About this series
Government final consumption expenditure is government spending on goods and services used to meet individual or collective needs, such as health, education, public order and defence. It is part of GDP and does not represent all government expenditure. This series reports the amount in millions of US dollars.
The Faroe Islands' government consumption reading was 38.51M USD in 2025. The period change from 34.84M USD in 2024 was +10.5%. The latest reading was above the selected 10-year average of 22.69M USD. The corresponding ratio to GDP was 0.86% in 2025.
Get the full series
- Annual data, 1998–2025
- The underlying source, downloadable
Latest observations
2016–2025
| Period | Value |
|---|---|
| 2025 | 38.51M USD |
| 2024 | 34.84M USD |
| 2023 | 25.31M USD |
| 2022 | 16.82M USD |
| 2021 | 16.32M USD |
5 earlier values, back to 2016
| 2020 | 16.07M USD |
| 2019 | 18.14M USD |
| 2018 | 24.20M USD |
| 2017 | 23.21M USD |
| 2016 | 13.49M USD |