Arab World vs Faroe Islands: General government final consumption expenditure
General government final consumption expenditure over time
- Arab World
- Faroe Islands
How they compare
Faroe Islands currently reports 27.9% against 17.3% in Arab World, a difference of 10.6%.
That makes Faroe Islands's figure about 1.6 times Arab World's.
Across all 27 years both countries report, Faroe Islands has been ahead every year.
Arab World ranks 12th and Faroe Islands ranks 13th of 43 groups.
Faroe Islands has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Arab World | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 18.4% | 25.5% | 7.1% | Faroe Islands |
| 2000s | 16.1% | 28.7% | 12.6% | Faroe Islands |
| 2010s | 17.7% | 29.6% | 11.9% | Faroe Islands |
| 2020s | 17.6% | 28.0% | 10.4% | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Arab World or Faroe Islands?
- Faroe Islands, at 27.9% against 17.3% in Arab World as of 2024.
- What is the difference in general government final consumption expenditure between Arab World and Faroe Islands?
- 10.6%, with Faroe Islands ahead.
- How many years of comparable data are there for Arab World and Faroe Islands?
- 27 years are reported by both, from 1998 to 2024.
- How do Arab World and Faroe Islands rank globally for general government final consumption expenditure?
- Arab World ranks 12th and Faroe Islands ranks 13th of 43 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as General government final consumption expenditure (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 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.