Madagascar vs Senegal: Final consumption expenditure
Final consumption expenditure over time
- Madagascar
- Senegal
How they compare
Madagascar currently reports 19.87 trillion constant LCU against 13.66 trillion constant LCU in Senegal, a difference of 6.21 trillion constant LCU.
That makes Madagascar's figure about 1.5 times Senegal's.
Across all 66 years both countries report, Madagascar has been ahead every year.
Globally, Madagascar ranks 31st and Senegal ranks 34th 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.