Colombia vs Somalia: Final consumption expenditure
Final consumption expenditure over time
- Colombia
- Somalia
How they compare
Colombia currently reports 1,644.11 trillion current LCU against 553.36 trillion current LCU in Somalia, a difference of 1,090.75 trillion current LCU.
That makes Colombia's figure about 3.0 times Somalia's.
Across all 45 years both countries report, Colombia has been ahead every year.
Globally, Colombia ranks 6th and Somalia ranks 9th 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.