Faroe Islands vs Malta: Final consumption expenditure
Final consumption expenditure over time
- Faroe Islands
- Malta
How they compare
Faroe Islands currently reports 19.13 billion current LCU against 15.26 billion current LCU in Malta, a difference of 3.87 billion current LCU.
That makes Faroe Islands's figure about 1.3 times Malta's.
Across all 27 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 162nd and Malta ranks 165th of 187 countries.
Faroe Islands has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Faroe Islands | Malta | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.94 billion current LCU | 3.01 billion current LCU | 2.93 billion current LCU | Faroe Islands |
| 2000s | 9.18 billion current LCU | 4.18 billion current LCU | 5.00 billion current LCU | Faroe Islands |
| 2010s | 12.99 billion current LCU | 6.83 billion current LCU | 6.16 billion current LCU | Faroe Islands |
| 2020s | 17.38 billion current LCU | 11.43 billion current LCU | 5.95 billion current LCU | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Faroe Islands or Malta?
- Faroe Islands, at 19.13 billion current LCU against 15.26 billion current LCU in Malta as of 2024.
- What is the difference in final consumption expenditure between Faroe Islands and Malta?
- 3.87 billion current LCU, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Malta?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Malta rank globally for final consumption expenditure?
- Faroe Islands ranks 162nd and Malta ranks 165th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.