Bangladesh vs Mongolia: Final consumption expenditure
Final consumption expenditure over time
- Bangladesh
- Mongolia
How they compare
Mongolia currently reports 31.37 trillion constant LCU against 25.51 trillion constant LCU in Bangladesh, a difference of 5.86 trillion constant LCU.
That makes Mongolia's figure about 1.2 times Bangladesh's.
The two have swapped places 1 time across 16 shared years of data; in 2010 it was Bangladesh ahead.
Globally, Bangladesh ranks 26th and Mongolia ranks 25th 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.