Faroe Islands vs Oman: Gross national expenditure (current LCU), annual growth rate

Faroe Islands
0.4583 % change on previous year
in 2024
Oman
0.2141 % change on previous year
in 2024
Faroe Islands rank
175th
Oman rank
176th

Gross national expenditure (current LCU), annual growth rate over time

  • Faroe Islands
  • Oman
050100150200196819962024

How they compare

Faroe Islands currently reports 0.4583 % change on previous year against 0.2141 % change on previous year in Oman, a difference of 0.2442 % change on previous year.

That makes Faroe Islands's figure about 2.1 times Oman's.

The two have swapped places 12 times across 26 shared years of data; in 1999 it was Faroe Islands ahead.

Faroe Islands ranks 175th and Oman ranks 176th of 185 countries.

Across the 4 decades both report, Faroe Islands averaged higher in 2 and Oman in 2.

Head to head by decade

Decade Faroe Islands Oman Difference Ahead
1990s 11.31 % change on previous year -5.5 % change on previous year 16.81 % change on previous year Faroe Islands
2000s 5.46 % change on previous year 12.3 % change on previous year 6.84 % change on previous year Oman
2010s 4.71 % change on previous year 5.08 % change on previous year 0.3687 % change on previous year Oman
2020s 5.07 % change on previous year 2.96 % change on previous year 2.1 % change on previous year Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross national expenditure (current lcu), annual growth rate, Faroe Islands or Oman?
Faroe Islands, at 0.4583 % change on previous year against 0.2141 % change on previous year in Oman as of 2024.
What is the difference in gross national expenditure (current lcu), annual growth rate between Faroe Islands and Oman?
0.2442 % change on previous year, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Oman?
26 years are reported by both, from 1999 to 2024.
How do Faroe Islands and Oman rank globally for gross national expenditure (current lcu), annual growth rate?
Faroe Islands ranks 175th and Oman ranks 176th of 185 countries.
Where does this data come from?
Statizoid (derived), published as Gross national expenditure (current LCU), 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 Oman: Gross national expenditure (current LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/compare/gross-national-expenditure-current-lcu-annual-growth-rate/faroe-islands/oman/

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About this data

Indicator
Gross national expenditure (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
185 places, 8,317 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross national expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.