Guinea-Bissau vs United Arab Emirates: Final consumption expenditure
Final consumption expenditure over time
- Guinea-Bissau
- United Arab Emirates
How they compare
Guinea-Bissau currently reports 1.28 trillion current LCU against 1.10 trillion current LCU in United Arab Emirates, a difference of 189.03 billion current LCU.
That makes Guinea-Bissau's figure about 1.2 times United Arab Emirates's.
The two have swapped places 2 times across 23 shared years of data; in 2001 it was Guinea-Bissau ahead.
Globally, Guinea-Bissau ranks 92nd 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.