Eritrea vs Luxembourg: Final consumption expenditure
Final consumption expenditure over time
- Eritrea
- Luxembourg
How they compare
Luxembourg currently reports 47.75 billion current LCU against 39.62 billion current LCU in Eritrea, a difference of 8.13 billion current LCU.
That makes Luxembourg's figure about 1.2 times Eritrea's.
The two have swapped places 1 time across 20 shared years of data; in 1992 it was Luxembourg ahead.
Globally, Eritrea ranks 151st and Luxembourg ranks 150th 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.