Guinea vs Laos: Final consumption expenditure
Final consumption expenditure over time
- Guinea
- Laos
How they compare
Laos currently reports 90.09 trillion constant LCU against 79.20 trillion constant LCU in Guinea, a difference of 10.89 trillion constant LCU.
That makes Laos's figure about 1.1 times Guinea's.
Across all 11 years both countries report, Laos has been ahead every year.
Globally, Guinea ranks 18th and Laos ranks 16th 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.