Armenia vs Serbia: Final consumption expenditure
Final consumption expenditure over time
- Armenia
- Serbia
How they compare
Armenia currently reports 9.20 trillion current LCU against 8.41 trillion current LCU in Serbia, a difference of 791.46 billion current LCU.
That makes Armenia's figure about 1.1 times Serbia's.
Across all 31 years both countries report, Armenia has been ahead every year.
Globally, Armenia ranks 57th and Serbia ranks 58th of 187 countries.
Individual pages
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.