Faroe Islands vs New Zealand: Gross national expenditure (current US$), annual growth rate
Faroe Islands
0.3888 % change on previous year
in 2024
New Zealand
0.5121 % change on previous year
in 2024
Faroe Islands rank
163rd
New Zealand rank
162nd
Gross national expenditure (current US$), annual growth rate over time
- Faroe Islands
- New Zealand
How they compare
New Zealand currently reports 0.5121 % change on previous year against 0.3888 % change on previous year in Faroe Islands, a difference of 0.1233 % change on previous year.
That makes New Zealand's figure about 1.3 times Faroe Islands's.
The two have swapped places 15 times across 26 shared years of data; in 1999 it was Faroe Islands ahead.
Faroe Islands ranks 163rd and New Zealand ranks 162nd of 185 countries.
Across the 4 decades both report, Faroe Islands averaged higher in 2 and New Zealand in 2.
Head to head by decade
| Decade | Faroe Islands | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.91 % change on previous year | 5.4 % change on previous year | 1.52 % change on previous year | Faroe Islands |
| 2000s | 8.59 % change on previous year | 8.45 % change on previous year | 0.1399 % change on previous year | Faroe Islands |
| 2010s | 2.57 % change on previous year | 6.32 % change on previous year | 3.75 % change on previous year | New Zealand |
| 2020s | 4.42 % change on previous year | 4.8 % change on previous year | 0.3869 % change on previous year | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross national expenditure (current us$), annual growth rate, Faroe Islands or New Zealand?
- New Zealand, at 0.5121 % change on previous year against 0.3888 % change on previous year in Faroe Islands as of 2024.
- What is the difference in gross national expenditure (current us$), annual growth rate between Faroe Islands and New Zealand?
- 0.1233 % change on previous year, with New Zealand ahead.
- How many years of comparable data are there for Faroe Islands and New Zealand?
- 26 years are reported by both, from 1999 to 2024.
- How do Faroe Islands and New Zealand rank globally for gross national expenditure (current us$), annual growth rate?
- Faroe Islands ranks 163rd and New Zealand ranks 162nd of 185 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross national expenditure (current US$), 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.