Cape Verde vs Faroe Islands: Final consumption expenditure
Final consumption expenditure over time
- Cape Verde
- Faroe Islands
How they compare
Cape Verde currently reports 2.87 billion current US$ against 2.78 billion current US$ in Faroe Islands, a difference of 97.25 million current US$.
Across all 18 years both countries report, Faroe Islands has been ahead every year.
Cape Verde ranks 161st and Faroe Islands ranks 163rd of 186 countries.
Faroe Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cape Verde | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.44 billion current US$ | 2.06 billion current US$ | 624.85 million current US$ | Faroe Islands |
| 2010s | 1.65 billion current US$ | 2.13 billion current US$ | 474.40 million current US$ | Faroe Islands |
| 2020s | 2.21 billion current US$ | 2.58 billion current US$ | 369.84 million current US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Cape Verde or Faroe Islands?
- Cape Verde, at 2.87 billion current US$ against 2.78 billion current US$ in Faroe Islands as of 2025.
- What is the difference in final consumption expenditure between Cape Verde and Faroe Islands?
- 97.25 million current US$, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Faroe Islands?
- 18 years are reported by both, from 2007 to 2024.
- How do Cape Verde and Faroe Islands rank globally for final consumption expenditure?
- Cape Verde ranks 161st and Faroe Islands ranks 163rd of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Final consumption expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 indicator is expressed in United States dollars.