Austria vs Switzerland: Final consumption expenditure
Final consumption expenditure over time
- Austria
- Switzerland
How they compare
Switzerland currently reports 534.14 billion current LCU against 378.22 billion current LCU in Austria, a difference of 155.92 billion current LCU.
That makes Switzerland's figure about 1.4 times Austria's.
Across all 56 years both countries report, Switzerland has been ahead every year.
Globally, Austria ranks 112th and Switzerland ranks 109th 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.