Faroe Islands vs Lebanon: General government final consumption expenditure
General government final consumption expenditure over time
- Faroe Islands
- Lebanon
How they compare
Lebanon currently reports 1.27 billion current US$ against 1.13 billion current US$ in Faroe Islands, a difference of 143.78 million current US$.
That makes Lebanon's figure about 1.1 times Faroe Islands's.
The two have swapped places 2 times across 27 shared years of data; in 1998 it was Lebanon ahead.
Faroe Islands ranks 153rd and Lebanon ranks 150th of 186 countries.
Lebanon has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Faroe Islands | Lebanon | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 285.03 million current US$ | 2.91 billion current US$ | 2.63 billion current US$ | Lebanon |
| 2000s | 515.27 million current US$ | 3.40 billion current US$ | 2.88 billion current US$ | Lebanon |
| 2010s | 814.75 million current US$ | 6.43 billion current US$ | 5.62 billion current US$ | Lebanon |
| 2020s | 1.04 billion current US$ | 1.30 billion current US$ | 265.70 million current US$ | Lebanon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Faroe Islands or Lebanon?
- Lebanon, at 1.27 billion current US$ against 1.13 billion current US$ in Faroe Islands as of 2024.
- What is the difference in general government final consumption expenditure between Faroe Islands and Lebanon?
- 143.78 million current US$, with Lebanon ahead.
- How many years of comparable data are there for Faroe Islands and Lebanon?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Lebanon rank globally for general government final consumption expenditure?
- Faroe Islands ranks 153rd and Lebanon ranks 150th of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (current US$). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.