Faroe Islands vs Oman: Gross national expenditure
Gross national expenditure over time
- Faroe Islands
- Oman
How they compare
Oman currently reports 34.07 billion current LCU against 27.00 billion current LCU in Faroe Islands, a difference of 7.07 billion current LCU.
That makes Oman's figure about 1.3 times Faroe Islands's.
The two have swapped places 1 time across 27 shared years of data; in 1998 it was Faroe Islands ahead.
Faroe Islands ranks 159th and Oman ranks 158th 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 | 7.69 billion current LCU | 6.41 billion current LCU | 1.28 billion current LCU | Faroe Islands |
| 2000s | 11.99 billion current LCU | 11.78 billion current LCU | 210.47 million current LCU | Faroe Islands |
| 2010s | 17.02 billion current LCU | 27.27 billion current LCU | 10.25 billion current LCU | Oman |
| 2020s | 24.87 billion current LCU | 32.01 billion current LCU | 7.14 billion current LCU | Oman |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross national expenditure, Faroe Islands or Oman?
- Oman, at 34.07 billion current LCU against 27.00 billion current LCU in Faroe Islands as of 2024.
- What is the difference in gross national expenditure between Faroe Islands and Oman?
- 7.07 billion current LCU, with Oman ahead.
- How many years of comparable data are there for Faroe Islands and Oman?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Oman rank globally for gross national expenditure?
- Faroe Islands ranks 159th and Oman ranks 158th of 185 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.