Faroe Islands vs Korea: Households and NPISHs Final consumption expenditure (current LCU)

Faroe Islands
2.89 % change on previous year
in 2024
Korea
3.17 % change on previous year
in 2025
Faroe Islands rank
166th
Korea rank
163rd

Households and NPISHs Final consumption expenditure (current LCU) over time

  • Faroe Islands
  • Korea
02040196119932025

How they compare

Korea currently reports 3.17 % change on previous year against 2.89 % change on previous year in Faroe Islands, a difference of 0.28 % change on previous year.

That makes Korea's figure about 1.1 times Faroe Islands's.

The two have swapped places 10 times across 26 shared years of data; in 1999 it was Korea ahead.

Faroe Islands ranks 166th and Korea ranks 163rd of 189 countries.

Across the 4 decades both report, Faroe Islands averaged higher in 1 and Korea in 3.

Head to head by decade

Decade Faroe Islands Korea Difference Ahead
1990s 11.24 % change on previous year 14.98 % change on previous year 3.73 % change on previous year Korea
2000s 5.65 % change on previous year 7.46 % change on previous year 1.81 % change on previous year Korea
2010s 2.46 % change on previous year 4.49 % change on previous year 2.03 % change on previous year Korea
2020s 4.48 % change on previous year 4.02 % change on previous year 0.4607 % change on previous year Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher households and npishs final consumption expenditure (current lcu), Faroe Islands or Korea?
Korea, at 3.17 % change on previous year against 2.89 % change on previous year in Faroe Islands as of 2025.
What is the difference in households and npishs final consumption expenditure (current lcu) between Faroe Islands and Korea?
0.28 % change on previous year, with Korea ahead.
How many years of comparable data are there for Faroe Islands and Korea?
26 years are reported by both, from 1999 to 2024.
How do Faroe Islands and Korea rank globally for households and npishs final consumption expenditure (current lcu)?
Faroe Islands ranks 166th and Korea ranks 163rd of 189 countries.
Where does this data come from?
Statizoid (derived), published as Households and NPISHs Final consumption 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 Korea: Households and NPISHs Final consumption expenditure (current LCU). Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://economy.statizoid.com/compare/households-and-npishs-final-consumption-expenditure-current-lcu-annual-growth-rate/faroe-islands/korea-rep/

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About this data

Indicator
Households and NPISHs Final consumption 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
189 places, 8,476 data points, 1961–2025
Last refreshed

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