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.
Loading...
| 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 |