Hungary vs Mongolia: Final consumption expenditure
Final consumption expenditure over time
- Hungary
- Mongolia
How they compare
Hungary currently reports 63.86 trillion current LCU against 59.45 trillion current LCU in Mongolia, a difference of 4.41 trillion current LCU.
That makes Hungary's figure about 1.1 times Mongolia's.
Across all 35 years both countries report, Hungary has been ahead every year.
Globally, Hungary ranks 29th and Mongolia ranks 30th 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.