Statizoid

Faroe Islands vs Oman: Gross national expenditure

Faroe Islands
27.00 billion current LCU
in 2024
Oman
34.07 billion current LCU
in 2024
Faroe Islands rank
159th
Oman rank
158th

Gross national expenditure over time

  • Faroe Islands
  • Oman
010.0B20.0B30.0B196719952024

How they compare

Oman currently reports 34.07 billion current LCU against 27.00 billion current LCU in Faroe Islands, a difference of 7.07 billion current LCU.

That makes Oman's figure about 1.3 times Faroe Islands's.

The two have swapped places 1 time across 27 shared years of data; in 1998 it was Faroe Islands ahead.

Globally, Faroe Islands ranks 159th and Oman ranks 158th of 185 countries.

Individual pages

About this data

Indicator
Gross national expenditure (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,556 data points, 1960–2025
Last refreshed

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. 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.