Faroe Islands vs Malta: Final consumption expenditure
Final consumption expenditure over time
- Faroe Islands
- Malta
How they compare
Faroe Islands currently reports 19.13 billion current LCU against 15.26 billion current LCU in Malta, a difference of 3.87 billion current LCU.
That makes Faroe Islands's figure about 1.3 times Malta's.
Across all 27 years both countries report, Faroe Islands has been ahead every year.
Globally, Faroe Islands ranks 162nd and Malta ranks 165th of 187 countries.
Individual pages
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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.