Faroe Islands vs Marshall Islands: Final consumption expenditure (current LCU), annual growth rate

Faroe Islands
4.23 % change on previous year
in 2024
Marshall Islands
4.54 % change on previous year
in 2024
Faroe Islands rank
148th
Marshall Islands rank
147th

Final consumption expenditure (current LCU), annual growth rate over time

  • Faroe Islands
  • Marshall Islands
-5051015199920112024

How they compare

Marshall Islands currently reports 4.54 % change on previous year against 4.23 % change on previous year in Faroe Islands, a difference of 0.31 % change on previous year.

That makes Marshall Islands's figure about 1.1 times Faroe Islands's.

The two have swapped places 9 times across 20 shared years of data; in 2005 it was Faroe Islands ahead.

Faroe Islands ranks 148th and Marshall Islands ranks 147th of 187 countries.

Across the 3 decades both report, Faroe Islands averaged higher in 2 and Marshall Islands in 1.

Head to head by decade

Decade Faroe Islands Marshall Islands Difference Ahead
2000s 5.1 % change on previous year 2.98 % change on previous year 2.12 % change on previous year Faroe Islands
2010s 2.97 % change on previous year 4.34 % change on previous year 1.37 % change on previous year Marshall Islands
2020s 4.8 % change on previous year 1.53 % change on previous year 3.27 % change on previous year Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher final consumption expenditure (current lcu), annual growth rate, Faroe Islands or Marshall Islands?
Marshall Islands, at 4.54 % change on previous year against 4.23 % change on previous year in Faroe Islands as of 2024.
What is the difference in final consumption expenditure (current lcu), annual growth rate between Faroe Islands and Marshall Islands?
0.31 % change on previous year, with Marshall Islands ahead.
How many years of comparable data are there for Faroe Islands and Marshall Islands?
20 years are reported by both, from 2005 to 2024.
How do Faroe Islands and Marshall Islands rank globally for final consumption expenditure (current lcu), annual growth rate?
Faroe Islands ranks 148th and Marshall Islands ranks 147th of 187 countries.
Where does this data come from?
Statizoid (derived), published as Final consumption expenditure (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Marshall Islands: Final consumption expenditure (current LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/final-consumption-expenditure-current-lcu-annual-growth-rate/faroe-islands/marshall-islands/

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About this data

Indicator
Final consumption expenditure (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
187 places, 8,523 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.