Faroe Islands vs OECD members: General government final consumption expenditure (current US$), per
Faroe Islands
0.2786 current US$ per US$ of GDP
in 2024
OECD members
0.1733 current US$ per US$ of GDP
in 2024
Faroe Islands rank
14th
OECD members rank
13th
General government final consumption expenditure (current US$), per over time
- Faroe Islands
- OECD members
How they compare
Faroe Islands currently reports 0.2786 current US$ per US$ of GDP against 0.1733 current US$ per US$ of GDP in OECD members, a difference of 0.1053 current US$ per US$ of GDP.
That makes Faroe Islands's figure about 1.6 times OECD members's.
Across all 27 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 14th and OECD members ranks 13th 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 | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.2553 current US$ per US$ of GDP | 0.1628 current US$ per US$ of GDP | 0.0925 current US$ per US$ of GDP | Faroe Islands |
| 2000s | 0.2872 current US$ per US$ of GDP | 0.1733 current US$ per US$ of GDP | 0.1139 current US$ per US$ of GDP | Faroe Islands |
| 2010s | 0.296 current US$ per US$ of GDP | 0.1771 current US$ per US$ of GDP | 0.1188 current US$ per US$ of GDP | Faroe Islands |
| 2020s | 0.2796 current US$ per US$ of GDP | 0.1766 current US$ per US$ of GDP | 0.1031 current US$ per US$ of GDP | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure (current us$), per, Faroe Islands or OECD members?
- Faroe Islands, at 0.2786 current US$ per US$ of GDP against 0.1733 current US$ per US$ of GDP in OECD members as of 2024.
- What is the difference in general government final consumption expenditure (current us$), per between Faroe Islands and OECD members?
- 0.1053 current US$ per US$ of GDP, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and OECD members?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and OECD members rank globally for general government final consumption expenditure (current us$), per?
- Faroe Islands ranks 14th and OECD members ranks 13th of 187 countries.
- Where does this data come from?
- Statizoid (derived), published as General government final consumption expenditure (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General government final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.