Cape Verde vs Portugal: Final consumption expenditure
Final consumption expenditure over time
- Cape Verde
- Portugal
How they compare
Cape Verde currently reports 281.09 billion current LCU against 239.42 billion current LCU in Portugal, a difference of 41.67 billion current LCU.
That makes Cape Verde's figure about 1.2 times Portugal's.
The two have swapped places 1 time across 19 shared years of data; in 2007 it was Portugal ahead.
Globally, Cape Verde ranks 118th and Portugal ranks 121st 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.