Faroe Islands vs Kuwait: Households and NPISHs final consumption expenditure
Households and NPISHs final consumption expenditure over time
- Faroe Islands
- Kuwait
How they compare
Kuwait currently reports 41.6% against 40.6% in Faroe Islands, a difference of 1.0%.
The two have swapped places 4 times across 27 shared years of data; in 1998 it was Kuwait ahead.
Faroe Islands ranks 174th and Kuwait ranks 173rd of 190 countries.
Across the 4 decades both report, Faroe Islands averaged higher in 3 and Kuwait in 1.
Head to head by decade
| Decade | Faroe Islands | Kuwait | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 52.2% | 55.2% | 3.0% | Kuwait |
| 2000s | 55.2% | 37.0% | 18.2% | Faroe Islands |
| 2010s | 47.8% | 34.1% | 13.8% | Faroe Islands |
| 2020s | 41.6% | 39.4% | 2.2% | 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 Kuwait?
- Kuwait, at 41.6% against 40.6% in Faroe Islands as of 2024.
- What is the difference in households and npishs final consumption expenditure between Faroe Islands and Kuwait?
- 1.0%, with Kuwait ahead.
- How many years of comparable data are there for Faroe Islands and Kuwait?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Kuwait rank globally for households and npishs final consumption expenditure?
- Faroe Islands ranks 174th and Kuwait ranks 173rd of 190 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Households and NPISHs final consumption expenditure (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.