Faroe Islands - Total Government Spending on Culture and Leisure
Since 2014, Faroe Islands Total Government Spending on Culture and Leisure grew 6.9points year on year. In 2019, the country was ranked number 3 comparing other countries in Total Government Spending on Culture and Leisure at 2.28 Percent of GDP. Faroe Islands is overtaken by Greenland, which was ranked number 2 at 2.41 Percent of GDP and is followed by Norway with 1.8 Percent of GDP. Iceland lead the ranking with 3.04 Percent of GDP in 2019, that is -1.9points compared to 2018. Faroe Islands recorded the best 5 years average growth at +6.9points per year, while Greenland recorded the worst performance at -1.4points per year.
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Date | Percent of GDP |
---|---|
2019 | 2.28 |
2018 | 2.23 |
2017 | 2.26 |
2016 | 2.05 |
2015 | 1.61 |
Download all data from 2005 to 2019
How does Faroe Islands rank in Total Government Spending on Culture and Leisure?
# | 7 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | |
---|---|---|---|---|---|---|
1 |
#1
Iceland
|
3.04 % | 2019 | -1.9 % | +0.3 % | View data |
2 |
#2
Greenland
|
2.41 % | 2019 | -1.2 % | -1.4 % | View data |
3 |
#3
Faroe Islands
|
2.28 % | 2019 | +2.2 % | +6.9 % | View data |
4 |
#4
Norway
|
1.80 % | 2019 | +5.9 % | +2.4 % | View data |
5 |
#5
Denmark
|
1.60 % | 2019 | +0.0 % | -1.2 % | View data |