Armenia vs Chad: Final consumption expenditure
Final consumption expenditure over time
- Armenia
- Chad
How they compare
Chad currently reports 7.47 trillion constant LCU against 5.89 trillion constant LCU in Armenia, a difference of 1.58 trillion constant LCU.
That makes Chad's figure about 1.3 times Armenia's.
The two have swapped places 6 times across 31 shared years of data; in 1994 it was Chad ahead.
Globally, Armenia ranks 49th and Chad ranks 46th of 176 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 varies by country. This series is expressed in local currency units.