Argentina vs Somalia: Final consumption expenditure
Final consumption expenditure over time
- Argentina
- Somalia
How they compare
Argentina currently reports 719.72 trillion current LCU against 553.36 trillion current LCU in Somalia, a difference of 166.35 trillion current LCU.
That makes Argentina's figure about 1.3 times Somalia's.
The two have swapped places 1 time across 45 shared years of data; in 1960 it was Somalia ahead.
Globally, Argentina ranks 8th and Somalia ranks 9th 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.