Peru vs Singapore: Final consumption expenditure
Final consumption expenditure over time
- Peru
- Singapore
How they compare
Singapore currently reports 199.83 billion constant 2015 US$ against 193.52 billion constant 2015 US$ in Peru, a difference of 6.30 billion constant 2015 US$.
The two have swapped places 3 times across 66 shared years of data; in 1960 it was Peru ahead.
Globally, Peru ranks 48th and Singapore ranks 45th 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.