Azerbaijan vs Luxembourg: Final consumption expenditure
Final consumption expenditure over time
- Azerbaijan
- Luxembourg
How they compare
Azerbaijan currently reports 56.88 billion current US$ against 53.96 billion current US$ in Luxembourg, a difference of 2.92 billion current US$.
That makes Azerbaijan's figure about 1.1 times Luxembourg's.
The two have swapped places 3 times across 36 shared years of data; in 1990 it was Luxembourg ahead.
Globally, Azerbaijan ranks 85th and Luxembourg ranks 87th 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.