Faroe Islands recorded a government budget surplus of 708 DKK Million in 2018. source: Statistics Faroe Islands

Government Budget Value in Faroe Islands averaged 296.18 DKK Million from 1998 until 2018, reaching an all time high of 1745.30 DKK Million in 1998 and a record low of -592.10 DKK Million in 2009. This page provides - Faroe Islands Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news. Faroe Islands Government Budget Value - values, historical data and charts - was last updated on November of 2020.

Government Budget Value in Faroe Islands is expected to reach 1233.88 DKK Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Faroe Islands Government Budget Value is projected to trend around 1309.49 DKK Million in 2021 and 1462.91 DKK Million in 2022, according to our econometric models.

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Faroe Islands Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
708.00 950.70 1745.30 -592.10 1998 - 2018 DKK Million Yearly

Faroe Islands Government Last Previous Highest Lowest Unit
Fiscal Expenditure 9745.00 8928.90 9745.00 3948.40 DKK Million [+]
Government Budget 5.10 2.60 12.60 -4.90 percent of GDP [+]
Government Budget Value 708.00 950.70 1745.30 -592.10 DKK Million [+]
Government Revenues 10453.10 9879.60 10453.10 5103.90 DKK Million [+]
Government Spending To GDP 47.70 47.50 59.70 47.50 percent [+]