Albania vs Italy: Final consumption expenditure
Final consumption expenditure over time
- Albania
- Italy
How they compare
Albania currently reports 1.79 trillion constant LCU against 1.48 trillion constant LCU in Italy, a difference of 310.64 billion constant LCU.
That makes Albania's figure about 1.2 times Italy's.
The two have swapped places 1 time across 31 shared years of data; in 1995 it was Italy ahead.
Globally, Albania ranks 74th and Italy ranks 77th of 176 countries.
Individual pages
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 varies by country. This series is expressed in local currency units.