Nicaragua vs Switzerland: Final consumption expenditure
Final consumption expenditure over time
- Nicaragua
- Switzerland
How they compare
Nicaragua currently reports 712.65 billion current LCU against 534.14 billion current LCU in Switzerland, a difference of 178.51 billion current LCU.
That makes Nicaragua's figure about 1.3 times Switzerland's.
The two have swapped places 1 time across 32 shared years of data; in 1994 it was Switzerland ahead.
Globally, Nicaragua ranks 106th and Switzerland ranks 109th 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.