Cyprus vs Venezuela: Final consumption expenditure
Final consumption expenditure over time
- Cyprus
- Venezuela
How they compare
Cyprus currently reports 23.22 billion constant LCU against 16.82 billion constant LCU in Venezuela, a difference of 6.41 billion constant LCU.
That makes Cyprus's figure about 1.4 times Venezuela's.
The two have swapped places 1 time across 51 shared years of data; in 1975 it was Venezuela ahead.
Globally, Cyprus ranks 148th and Venezuela ranks 151st 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.