Faroe Islands FO: GDP: % of GDP: Final Consumption Expenditure: Household

Faroe Islands FO: GDP: % of GDP: Final Consumption Expenditure: Household data was reported at 51.955 % in 2013. This records a decrease from the previous number of 55.158 % for 2012. Faroe Islands FO: GDP: % of GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 55.072 % from Dec 1998 (Median) to 2013, with 16 observations. The data reached an all-time high of 59.152 % in 2005 and a record low of 50.978 % in 2001. Faroe Islands FO: GDP: % of GDP: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Faroe Islands – Table FO.World Bank: Gross Domestic Product: Share of GDP. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

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What was Faroe Islands's Faroe Islands FO: GDP: % of GDP: Final Consumption Expenditure: Household in 2013?

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