Guatemala vs United Arab Emirates: Final consumption expenditure
Final consumption expenditure over time
- Guatemala
- United Arab Emirates
How they compare
United Arab Emirates currently reports 1.10 trillion current LCU against 934.11 billion current LCU in Guatemala, a difference of 161.62 billion current LCU.
That makes United Arab Emirates's figure about 1.2 times Guatemala's.
Across all 23 years both countries report, United Arab Emirates has been ahead every year.
Globally, Guatemala ranks 98th and United Arab Emirates ranks 95th 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.