Kiribati vs East Timor: Final consumption expenditure
Final consumption expenditure over time
- Kiribati
- East Timor
How they compare
East Timor currently reports 2.21 billion constant LCU against 640.76 million constant LCU in Kiribati, a difference of 1.57 billion constant LCU.
That makes East Timor's figure about 3.5 times Kiribati's.
Across all 19 years both countries report, East Timor has been ahead every year.
Globally, Kiribati ranks 174th and East Timor ranks 171st 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.