Bangladesh vs Mongolia: Final consumption expenditure
Final consumption expenditure over time
- Bangladesh
- Mongolia
How they compare
Mongolia currently reports 59.45 trillion current LCU against 43.03 trillion current LCU in Bangladesh, a difference of 16.42 trillion current LCU.
That makes Mongolia's figure about 1.4 times Bangladesh's.
The two have swapped places 1 time across 45 shared years of data; in 1981 it was Bangladesh ahead.
Globally, Bangladesh ranks 33rd and Mongolia ranks 30th 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.