Faroe Islands vs Palestine, State of: Gross national expenditure
Gross national expenditure over time
- Faroe Islands
- Palestine, State of
How they compare
Faroe Islands currently reports 27.00 billion current LCU against 22.87 billion current LCU in Palestine, State of, a difference of 4.13 billion current LCU.
That makes Faroe Islands's figure about 1.2 times Palestine, State of's.
The two have swapped places 4 times across 27 shared years of data; in 1998 it was Faroe Islands ahead.
Faroe Islands ranks 159th and Palestine, State of ranks 162nd of 186 countries.
Across the 4 decades both report, Faroe Islands averaged higher in 3 and Palestine, State of in 1.
Head to head by decade
| Decade | Faroe Islands | Palestine, State of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.69 billion current LCU | 6.54 billion current LCU | 1.15 billion current LCU | Faroe Islands |
| 2000s | 11.99 billion current LCU | 7.78 billion current LCU | 4.21 billion current LCU | Faroe Islands |
| 2010s | 17.02 billion current LCU | 19.09 billion current LCU | 2.08 billion current LCU | Palestine, State of |
| 2020s | 24.87 billion current LCU | 24.33 billion current LCU | 542.42 million current LCU | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross national expenditure, Faroe Islands or Palestine, State of?
- Faroe Islands, at 27.00 billion current LCU against 22.87 billion current LCU in Palestine, State of as of 2024.
- What is the difference in gross national expenditure between Faroe Islands and Palestine, State of?
- 4.13 billion current LCU, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Palestine, State of?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Palestine, State of rank globally for gross national expenditure?
- Faroe Islands ranks 159th and Palestine, State of ranks 162nd of 186 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.