Faroe Islands vs Solomon Islands: Households and NPISHs Final consumption expenditure
Households and NPISHs Final consumption expenditure over time
- Faroe Islands
- Solomon Islands
How they compare
Faroe Islands currently reports 11.35 billion current LCU against 10.97 billion current LCU in Solomon Islands, a difference of 376.80 million current LCU.
Across all 22 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 161st and Solomon Islands ranks 162nd of 190 countries.
Faroe Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Faroe Islands | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.57 billion current LCU | 3.06 billion current LCU | 3.50 billion current LCU | Faroe Islands |
| 2010s | 8.02 billion current LCU | 6.33 billion current LCU | 1.69 billion current LCU | Faroe Islands |
| 2020s | 10.39 billion current LCU | 9.03 billion current LCU | 1.36 billion current LCU | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure, Faroe Islands or Solomon Islands?
- Faroe Islands, at 11.35 billion current LCU against 10.97 billion current LCU in Solomon Islands as of 2024.
- What is the difference in households and npishs final consumption expenditure between Faroe Islands and Solomon Islands?
- 376.80 million current LCU, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Solomon Islands?
- 22 years are reported by both, from 2003 to 2024.
- How do Faroe Islands and Solomon Islands rank globally for households and npishs final consumption expenditure?
- Faroe Islands ranks 161st and Solomon Islands ranks 162nd of 190 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Households and NPISHs Final consumption expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. 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.