Algeria vs Iraq: Final consumption expenditure
Final consumption expenditure over time
- Algeria
- Iraq
How they compare
Iraq currently reports 191.81 billion current US$ against 172.34 billion current US$ in Algeria, a difference of 19.47 billion current US$.
That makes Iraq's figure about 1.1 times Algeria's.
The two have swapped places 7 times across 55 shared years of data; in 1970 it was Algeria ahead.
Globally, Algeria ranks 55th and Iraq ranks 52nd 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 indicator is expressed in United States dollars.