Argentina vs Paraguay: Final consumption expenditure
Final consumption expenditure over time
- Argentina
- Paraguay
How they compare
Argentina currently reports 719.72 trillion current LCU against 285.69 trillion current LCU in Paraguay, a difference of 434.02 trillion current LCU.
That makes Argentina's figure about 2.5 times Paraguay's.
The two have swapped places 1 time across 64 shared years of data; in 1962 it was Paraguay ahead.
Globally, Argentina ranks 8th and Paraguay ranks 11th 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.