Netherlands vs Nicaragua: Final consumption expenditure
Final consumption expenditure over time
- Netherlands
- Nicaragua
How they compare
Netherlands currently reports 813.37 billion current LCU against 712.65 billion current LCU in Nicaragua, a difference of 100.72 billion current LCU.
That makes Netherlands's figure about 1.1 times Nicaragua's.
Across all 32 years both countries report, Netherlands has been ahead every year.
Globally, Netherlands ranks 103rd and Nicaragua ranks 106th 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.