Laos vs Tanzania: Final consumption expenditure
Final consumption expenditure over time
- Laos
- Tanzania
How they compare
Tanzania currently reports 99.85 trillion constant LCU against 90.09 trillion constant LCU in Laos, a difference of 9.76 trillion constant LCU.
That makes Tanzania's figure about 1.1 times Laos's.
The two have swapped places 1 time across 17 shared years of data; in 2000 it was Tanzania ahead.
Globally, Laos ranks 16th and Tanzania ranks 15th 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.