EconomyThe World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Faroe Islands's consumer spending stands at 1.65B as of 2024-12-31, up from 1.60B in 2023. Historical data runs from 1998 to 2024 (27 observations).
In 2024, Faroe Islands's consumer spending was 1.65B, up from 1.60B in 2023.
In 2023, Faroe Islands's consumer spending was 1.60B, up from 1.48B in 2022.
In 2022, Faroe Islands's consumer spending was 1.48B, down from 1.56B in 2021.
In 2021, Faroe Islands's consumer spending was 1.56B, up from 1.43B in 2020.
In 2020, Faroe Islands's consumer spending was 1.43B, up from 1.37B in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 1.65B | +45.09M |
| 2023 | 1.60B | +124.12M |
| 2022 | 1.48B | -83.67M |
| 2021 | 1.56B | +135.25M |
| 2020 | 1.43B | +57.70M |
| 2019 | 1.37B | -7.65M |
| 2018 | 1.37B | +79.19M |
| 2017 | 1.30B | +11.32M |
| 2016 | 1.28B | +75.97M |
| 2015 | 1.21B | -210.41M |
| 2014 | 1.42B | +42.12M |
| 2013 | 1.38B | +65.39M |
| 2012 | 1.31B | +5.32M |
| 2011 | 1.31B | +109.11M |
| 2010 | 1.20B | -146.82M |
| 2009 | 1.34B | -582,158 |
| 2008 | 1.34B | +61.37M |
| 2007 | 1.28B | +123.88M |
| 2006 | 1.16B | +22.70M |
| 2005 | 1.14B | +163.99M |
| 2004 | 972.47M | +155.97M |
| 2003 | 816.49M | +171.56M |
| 2002 | 644.94M | +63.25M |
| 2001 | 581.69M | +32.87M |
| 2000 | 548.82M | -53.48M |
| 1999 | 602.30M | +38.62M |
| 1998 | 563.68M | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Faroe Islands's consumer spending is 1.65B as of 2024-12-31, compared with 1.60B in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 1.65B (2024); the lowest is 548.82M (2000), across data from 1998 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.