Iraq vs Paraguay: Final consumption expenditure
Final consumption expenditure over time
- Iraq
- Paraguay
How they compare
Paraguay currently reports 285.69 trillion current LCU against 249.35 trillion current LCU in Iraq, a difference of 36.34 trillion current LCU.
That makes Paraguay's figure about 1.1 times Iraq's.
The two have swapped places 4 times across 55 shared years of data; in 1970 it was Paraguay ahead.
Globally, Iraq ranks 12th and Paraguay ranks 11th 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.