Argentina vs Colombia: Final consumption expenditure
Final consumption expenditure over time
- Argentina
- Colombia
How they compare
Colombia currently reports 1,644.11 trillion current LCU against 719.72 trillion current LCU in Argentina, a difference of 924.39 trillion current LCU.
That makes Colombia's figure about 2.3 times Argentina's.
Across all 66 years both countries report, Colombia has been ahead every year.
Globally, Argentina ranks 8th and Colombia ranks 6th of 187 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.