Faroe Islands recorded a government budget deficit of 858.60 DKK Million in 2020. source: Statistics Faroe Islands

Government Budget Value in Faroe Islands averaged 174.97 DKK Million from 1998 until 2020, reaching an all time high of 1745.30 DKK Million in 1998 and a record low of -858.60 DKK Million in 2020. 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 August of 2022.

Government Budget Value in Faroe Islands is expected to reach 1199.87 DKK Million by the end of 2021, 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 2022 and 1462.91 DKK Million in 2023, according to our econometric models.

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Faroe Islands Government Budget Value



Related Last Previous Unit Reference
Government Spending To GDP 59.80 52.30 percent of GDP Dec 2020
Government Revenues 11009.10 11141.10 DKK Million Dec 2020
Government Budget Value -858.60 237.60 DKK Million Dec 2020
Government Budget -4.30 1.10 percent of GDP Dec 2020
Fiscal Expenditure 11867.70 10903.50 DKK Million Dec 2020