Thailand vs Venezuela: Final consumption expenditure
Final consumption expenditure over time
- Thailand
- Venezuela
How they compare
Venezuela currently reports 14.72 trillion current LCU against 14.25 trillion current LCU in Thailand, a difference of 470.10 billion current LCU.
The two have swapped places 1 time across 66 shared years of data; in 1960 it was Thailand ahead.
Globally, Thailand ranks 49th and Venezuela ranks 48th 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.