Faroe Islands vs Norway: Households and NPISHs final consumption expenditure

Faroe Islands
40.6%
in 2024
Norway
42.5%
in 2025
Faroe Islands rank
174th
Norway rank
171st

Households and NPISHs final consumption expenditure over time

  • Faroe Islands
  • Norway
0204060197019972025

How they compare

Norway currently reports 42.5% against 40.6% in Faroe Islands, a difference of 1.9%.

The two have swapped places 3 times across 27 shared years of data; in 1998 it was Faroe Islands ahead.

Faroe Islands ranks 174th and Norway ranks 171st of 190 countries.

Faroe Islands has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Faroe Islands Norway Difference Ahead
1990s 52.2% 48.3% 3.9% Faroe Islands
2000s 55.2% 43.1% 12.1% Faroe Islands
2010s 47.8% 43.9% 3.9% Faroe Islands
2020s 41.6% 40.3% 1.2% 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 Norway?
Norway, at 42.5% against 40.6% in Faroe Islands as of 2025.
What is the difference in households and npishs final consumption expenditure between Faroe Islands and Norway?
1.9%, with Norway ahead.
How many years of comparable data are there for Faroe Islands and Norway?
27 years are reported by both, from 1998 to 2024.
How do Faroe Islands and Norway rank globally for households and npishs final consumption expenditure?
Faroe Islands ranks 174th and Norway ranks 171st 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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Faroe Islands vs Norway: Households and NPISHs final consumption expenditure. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/households-and-npishs-final-consumption-expenditure-percent-of-gdp/faroe-islands/norway/

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About this data

Indicator
Households and NPISHs final consumption expenditure (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
233 places, 11,074 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 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.