Chile vs Paraguay: Final consumption expenditure
Final consumption expenditure over time
- Chile
- Paraguay
How they compare
Paraguay currently reports 189.73 trillion constant LCU against 168.83 trillion constant LCU in Chile, a difference of 20.90 trillion constant LCU.
That makes Paraguay's figure about 1.1 times Chile's.
The two have swapped places 3 times across 64 shared years of data; in 1962 it was Chile ahead.
Globally, Chile ranks 11th and Paraguay ranks 10th 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.