Cyprus vs Oman: Final consumption expenditure
Final consumption expenditure over time
- Cyprus
- Oman
How they compare
Cyprus currently reports 27.40 billion current LCU against 23.83 billion current LCU in Oman, a difference of 3.56 billion current LCU.
That makes Cyprus's figure about 1.1 times Oman's.
The two have swapped places 6 times across 50 shared years of data; in 1975 it was Cyprus ahead.
Globally, Cyprus ranks 158th and Oman ranks 159th 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.