Faroe Islands vs Panama: Gross national expenditure (current LCU), annual growth rate
Faroe Islands
0.4583 % change on previous year
in 2024
Panama
0.9683 % change on previous year
in 2024
Faroe Islands rank
175th
Panama rank
173rd
Gross national expenditure (current LCU), annual growth rate over time
- Faroe Islands
- Panama
How they compare
Panama currently reports 0.9683 % change on previous year against 0.4583 % change on previous year in Faroe Islands, a difference of 0.51 % change on previous year.
That makes Panama's figure about 2.1 times Faroe Islands's.
The two have swapped places 9 times across 26 shared years of data; in 1999 it was Faroe Islands ahead.
Faroe Islands ranks 175th and Panama ranks 173rd of 185 countries.
Across the 4 decades both report, Faroe Islands averaged higher in 2 and Panama in 2.
Head to head by decade
| Decade | Faroe Islands | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.31 % change on previous year | 5.65 % change on previous year | 5.66 % change on previous year | Faroe Islands |
| 2000s | 5.46 % change on previous year | 8.61 % change on previous year | 3.15 % change on previous year | Panama |
| 2010s | 4.71 % change on previous year | 10.1 % change on previous year | 5.39 % change on previous year | Panama |
| 2020s | 5.07 % change on previous year | 4.39 % change on previous year | 0.6806 % 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 Panama?
- Panama, at 0.9683 % change on previous year against 0.4583 % change on previous year in Faroe Islands as of 2024.
- What is the difference in gross national expenditure (current lcu), annual growth rate between Faroe Islands and Panama?
- 0.51 % change on previous year, with Panama ahead.
- How many years of comparable data are there for Faroe Islands and Panama?
- 26 years are reported by both, from 1999 to 2024.
- How do Faroe Islands and Panama rank globally for gross national expenditure (current lcu), annual growth rate?
- Faroe Islands ranks 175th and Panama ranks 173rd 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.
Individual pages
About this data
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.