Faroe Islands vs Türkiye: Final consumption expenditure

Faroe Islands
68.5%
in 2024
Türkiye
68.6%
in 2025
Faroe Islands rank
148th
Türkiye rank
147th

Final consumption expenditure over time

  • Faroe Islands
  • Türkiye
020406080100196019922025

How they compare

Türkiye currently reports 68.6% against 68.5% in Faroe Islands, a difference of 0.1%.

The two have swapped places 3 times across 27 shared years of data; in 1998 it was Faroe Islands ahead.

Faroe Islands ranks 148th and Türkiye ranks 147th of 188 countries.

Faroe Islands has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Faroe Islands Türkiye Difference Ahead
1990s 77.7% 76.1% 1.6% Faroe Islands
2000s 83.9% 75.5% 8.5% Faroe Islands
2010s 77.4% 72.0% 5.5% Faroe Islands
2020s 69.5% 67.0% 2.5% Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher final consumption expenditure, Faroe Islands or Türkiye?
Türkiye, at 68.6% against 68.5% in Faroe Islands as of 2025.
What is the difference in final consumption expenditure between Faroe Islands and Türkiye?
0.1%, with Türkiye ahead.
How many years of comparable data are there for Faroe Islands and Türkiye?
27 years are reported by both, from 1998 to 2024.
How do Faroe Islands and Türkiye rank globally for final consumption expenditure?
Faroe Islands ranks 148th and Türkiye ranks 147th of 188 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Türkiye: Final consumption expenditure. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 11 September 2026, from https://economy.statizoid.com/compare/final-consumption-expenditure-percent-of-gdp/faroe-islands/turkiye/

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About this data

Indicator
Final consumption expenditure (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
188 places, 8,754 data points, 1960–2025
Last refreshed

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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.