Faroe Islands - Final consumption expenditure
Final consumption expenditure (current US$)
The latest value for Final consumption expenditure (current US$) in Faroe Islands was $2,133,580,000 as of 2019. Over the past 21 years, the value for this indicator has fluctuated between $2,211,759,000 in 2014 and $827,071,300 in 2000.
Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1998 | $851,405,800 |
| 1999 | $897,867,000 |
| 2000 | $827,071,300 |
| 2001 | $873,996,700 |
| 2002 | $984,723,900 |
| 2003 | $1,254,444,000 |
| 2004 | $1,429,070,000 |
| 2005 | $1,554,987,000 |
| 2006 | $1,659,884,000 |
| 2007 | $1,925,363,000 |
| 2008 | $2,119,142,000 |
| 2009 | $2,031,916,000 |
| 2010 | $1,962,198,000 |
| 2011 | $2,178,218,000 |
| 2012 | $1,997,065,000 |
| 2013 | $2,135,587,000 |
| 2014 | $2,211,759,000 |
| 2015 | $1,956,272,000 |
| 2016 | $1,936,509,000 |
| 2017 | $2,048,676,000 |
| 2018 | $2,120,736,000 |
| 2019 | $2,133,580,000 |
Final consumption expenditure (current LCU)
The value for Final consumption expenditure (current LCU) in Faroe Islands was 14,229,700,000 as of 2019. As the graph below shows, over the past 21 years this indicator reached a maximum value of 14,229,700,000 in 2019 and a minimum value of 5,705,100,000 in 1998.
Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1998 | 5,705,100,000 |
| 1999 | 6,263,700,000 |
| 2000 | 6,685,300,000 |
| 2001 | 7,274,100,000 |
| 2002 | 7,774,100,000 |
| 2003 | 8,263,900,000 |
| 2004 | 8,561,700,000 |
| 2005 | 9,325,100,000 |
| 2006 | 9,871,000,000 |
| 2007 | 10,481,100,000 |
| 2008 | 10,803,600,000 |
| 2009 | 10,892,900,000 |
| 2010 | 11,035,600,000 |
| 2011 | 11,694,200,000 |
| 2012 | 11,568,000,000 |
| 2013 | 11,994,100,000 |
| 2014 | 12,413,500,000 |
| 2015 | 13,161,600,000 |
| 2016 | 13,036,000,000 |
| 2017 | 13,527,200,000 |
| 2018 | 13,391,600,000 |
| 2019 | 14,229,700,000 |
Final consumption expenditure (constant 2010 US$)
Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2015 | 1,956,272,000 |
Final consumption expenditure (% of GDP)
Final consumption expenditure (% of GDP) in Faroe Islands was 68.25 as of 2019. Its highest value over the past 21 years was 90.00 in 2005, while its lowest value was 68.25 in 2019.
Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1998 | 76.85 |
| 1999 | 80.15 |
| 2000 | 78.12 |
| 2001 | 76.16 |
| 2002 | 77.99 |
| 2003 | 83.96 |
| 2004 | 84.65 |
| 2005 | 90.00 |
| 2006 | 83.64 |
| 2007 | 84.07 |
| 2008 | 87.12 |
| 2009 | 89.58 |
| 2010 | 84.56 |
| 2011 | 87.45 |
| 2012 | 84.40 |
| 2013 | 81.29 |
| 2014 | 77.59 |
| 2015 | 77.69 |
| 2016 | 70.71 |
| 2017 | 70.66 |
| 2018 | 69.50 |
| 2019 | 68.25 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
