Faroe Islands vs United States of America: General government final consumption expenditure (current US$)

Faroe Islands
6.18 % change on previous year
in 2024
United States of America
6 % change on previous year
in 2024
Faroe Islands rank
120th
United States of America rank
123rd

General government final consumption expenditure (current US$) over time

  • Faroe Islands
  • United States of America
-100102030197119972024

How they compare

Faroe Islands currently reports 6.18 % change on previous year against 6 % change on previous year in United States of America, a difference of 0.18 % change on previous year.

The two have swapped places 13 times across 26 shared years of data; in 1999 it was United States of America ahead.

Faroe Islands ranks 120th and United States of America ranks 123rd of 185 countries.

Across the 4 decades both report, Faroe Islands averaged higher in 1 and United States of America in 3.

Head to head by decade

Decade Faroe Islands United States of America Difference Ahead
1990s 5.04 % change on previous year 6.61 % change on previous year 1.57 % change on previous year United States of America
2000s 10.61 % change on previous year 6.06 % change on previous year 4.55 % change on previous year Faroe Islands
2010s 1.85 % change on previous year 2.17 % change on previous year 0.3273 % change on previous year United States of America
2020s 4.8 % change on previous year 5.79 % change on previous year 0.9958 % change on previous year United States of America

Averages of every year both report within each decade.

Frequently asked questions

Which has higher general government final consumption expenditure (current us$), Faroe Islands or United States of America?
Faroe Islands, at 6.18 % change on previous year against 6 % change on previous year in United States of America as of 2024.
What is the difference in general government final consumption expenditure (current us$) between Faroe Islands and United States of America?
0.18 % change on previous year, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and United States of America?
26 years are reported by both, from 1999 to 2024.
How do Faroe Islands and United States of America rank globally for general government final consumption expenditure (current us$)?
Faroe Islands ranks 120th and United States of America ranks 123rd of 185 countries.
Where does this data come from?
Statizoid (derived), published as General government final consumption expenditure (current US$), 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 United States of America: General government final consumption expenditure (current US$). Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://economy.statizoid.com/compare/general-government-final-consumption-expenditure-current-us-annual-growth-rate/faroe-islands/united-states/

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About this data

Indicator
General government final consumption expenditure (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
228 places, 10,790 data points, 1961–2025
Last refreshed

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