Equatorial Guinea vs Saudi Arabia: Final consumption expenditure
Final consumption expenditure over time
- Equatorial Guinea
- Saudi Arabia
How they compare
Equatorial Guinea currently reports 3.74 trillion constant LCU against 3.09 trillion constant LCU in Saudi Arabia, a difference of 646.45 billion constant LCU.
That makes Equatorial Guinea's figure about 1.2 times Saudi Arabia's.
The two have swapped places 1 time across 21 shared years of data; in 2005 it was Saudi Arabia ahead.
Globally, Equatorial Guinea ranks 57th and Saudi Arabia ranks 58th 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.