Namibia vs Nicaragua: Final consumption expenditure
Final consumption expenditure over time
- Namibia
- Nicaragua
How they compare
Nicaragua currently reports 15.28 billion constant 2015 US$ against 14.81 billion constant 2015 US$ in Namibia, a difference of 469.60 million constant 2015 US$.
The two have swapped places 6 times across 46 shared years of data; in 1980 it was Nicaragua ahead.
Globally, Namibia ranks 117th and Nicaragua ranks 115th 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.