Consumer Confidence in Faroe Islands decreased to -17 points in the second quarter of 2025 from -12 points in the first quarter of 2025. Consumer Confidence in Faroe Islands averaged -4.93 points from 2006 until 2025, reaching an all time high of 6.00 points in the first quarter of 2007 and a record low of -37.00 points in the second quarter of 2008. source: Statistics Faroe Islands

Related	Last	Previous	Unit	Reference
Consumer Confidence	-17.00	-12.00	points	Jun 2025
Economic Optimism Index	8.00	9.00	points	Jun 2025

Faroe Islands Consumer Confidence

In Faroe Islands, the consumer confidence survey is based on 15 questions posed to 500-550 consumers twice a year. The balances that are calculated for each question on the basis of weighted averages (ranging from -100 to +100) show estimated own financial situation and economic situation of the country. The consumer index is average of the questions: 1) Expected financial situation of the household in 12 months compared to now (balance), 2) Expected general economic situation in Faroe Islands in 12 months compared to now (balance), 3) Expected number of unemployed people in 12 months (balance) and 4) Expected money savings of the household over the next 12 months (balance).