Argentina vs Saudi Arabia: Final consumption expenditure
Final consumption expenditure over time
- Argentina
- Saudi Arabia
How they compare
Saudi Arabia currently reports 853.04 billion current US$ against 580.02 billion current US$ in Argentina, a difference of 273.02 billion current US$.
That makes Saudi Arabia's figure about 1.5 times Argentina's.
The two have swapped places 11 times across 58 shared years of data; in 1968 it was Argentina ahead.
Globally, Argentina ranks 22nd and Saudi Arabia ranks 19th 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.