India vs Somalia: Final consumption expenditure
Final consumption expenditure over time
- India
- Somalia
How they compare
Somalia currently reports 429.85 trillion constant LCU against 212.80 trillion constant LCU in India, a difference of 217.04 trillion constant LCU.
That makes Somalia's figure about 2.0 times India's.
The two have swapped places 1 time across 43 shared years of data; in 1960 it was India ahead.
Globally, India ranks 8th and Somalia ranks 6th 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.