Albania vs Armenia: Final consumption expenditure
Final consumption expenditure over time
- Albania
- Armenia
How they compare
Armenia currently reports 14.07 billion constant 2015 US$ against 13.49 billion constant 2015 US$ in Albania, a difference of 589.70 million constant 2015 US$.
The two have swapped places 7 times across 31 shared years of data; in 1995 it was Albania ahead.
Globally, Albania ranks 121st and Armenia ranks 118th of 171 countries.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.