Faroe Islands — Household consumption
millions of DKK · Annual · 1998–2025 · 28 observations
About this series
Household final consumption expenditure records spending by households and nonprofit institutions serving households on goods and services for current use. It is a component of GDP.
In the Faroe Islands, the household consumption reading was 11.78B DKK in 2025, compared with 11.25B DKK in 2024. The period change was +4.65%. The latest reading was above the selected 10-year average of 9.85B DKK. The corresponding ratio to GDP was 39.9% in 2025.
Get the full series
- Annual data, 1998–2025
- All 2 sources, downloadable
Latest observations
2016–2025
| Period | Value |
|---|---|
| 2025 | 11.78B DKK |
| 2024 | 11.25B DKK |
| 2023 | 10.93B DKK |
| 2022 | 10.42B DKK |
| 2021 | 9.81B DKK |
5 earlier values, back to 2016
| 2020 | 9.32B DKK |
| 2019 | 9.12B DKK |
| 2018 | 8.68B DKK |
| 2017 | 8.56B DKK |
| 2016 | 8.65B DKK |