Faroe Islands vs Palestine, State of: Households and NPISHs Final consumption expenditure

Faroe Islands
11.35 billion current LCU
in 2024
Palestine, State of
15.55 billion current LCU
in 2025
Faroe Islands rank
161st
Palestine, State of rank
159th

Households and NPISHs Final consumption expenditure over time

  • Faroe Islands
  • Palestine, State of
5.0B10.0B15.0B20.0B199420092025

How they compare

Palestine, State of currently reports 15.55 billion current LCU against 11.35 billion current LCU in Faroe Islands, a difference of 4.21 billion current LCU.

That makes Palestine, State of's figure about 1.4 times Faroe Islands's.

The two have swapped places 2 times across 27 shared years of data; in 1998 it was Palestine, State of ahead.

Faroe Islands ranks 161st and Palestine, State of ranks 159th of 190 countries.

Across the 4 decades both report, Faroe Islands averaged higher in 2 and Palestine, State of in 2.

Head to head by decade

Decade Faroe Islands Palestine, State of Difference Ahead
1990s 3.99 billion current LCU 3.97 billion current LCU 24.35 million current LCU Faroe Islands
2000s 6.03 billion current LCU 5.16 billion current LCU 871.96 million current LCU Faroe Islands
2010s 8.02 billion current LCU 12.45 billion current LCU 4.43 billion current LCU Palestine, State of
2020s 10.39 billion current LCU 16.33 billion current LCU 5.94 billion current LCU Palestine, State of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher households and npishs final consumption expenditure, Faroe Islands or Palestine, State of?
Palestine, State of, at 15.55 billion current LCU against 11.35 billion current LCU in Faroe Islands as of 2025.
What is the difference in households and npishs final consumption expenditure between Faroe Islands and Palestine, State of?
4.21 billion current LCU, with Palestine, State of 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 households and npishs final consumption expenditure?
Faroe Islands ranks 161st and Palestine, State of ranks 159th 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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Faroe Islands vs Palestine, State of: Households and NPISHs Final consumption expenditure. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 14 September 2026, from https://economy.statizoid.com/compare/households-and-npishs-final-consumption-expenditure-current-lcu/faroe-islands/west-bank-and-gaza/

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About this data

Indicator
Households and NPISHs Final consumption expenditure (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 8,736 data points, 1960–2025
Last refreshed

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.