Faroe Islands recorded a Government Budget deficit equal to 0.20 percent of the country's Gross Domestic Product in 2023. Government Budget in Faroe Islands averaged 2.18 percent of GDP from 1998 until 2023, reaching an all time high of 23.50 percent of GDP in 1998 and a record low of -4.00 percent of GDP in 2020. source: Statistics Faroe Islands




Related Last Previous Unit Reference
Fiscal Expenditure 13178.50 11972.30 DKK Million Dec 2023
Government Budget -0.20 1.80 percent of GDP Dec 2023
Government Budget Value -42.10 462.50 DKK Million Dec 2023
Government Revenues 13136.40 12434.80 DKK Million Dec 2023
Government Spending to GDP 49.00 47.40 percent of GDP Dec 2023

Faroe Islands Government Budget
Actual Previous Highest Lowest Dates Unit Frequency
-0.20 1.80 23.50 -4.00 1998 - 2023 percent of GDP Yearly