Central African Republic vs Faroe Islands: Final consumption expenditure
Final consumption expenditure over time
- Central African Republic
- Faroe Islands
How they compare
Central African Republic currently reports 3.22 billion current US$ against 2.78 billion current US$ in Faroe Islands, a difference of 441.69 million current US$.
That makes Central African Republic's figure about 1.2 times Faroe Islands's.
The two have swapped places 6 times across 27 shared years of data; in 1998 it was Central African Republic ahead.
Globally, Central African Republic ranks 161st and Faroe Islands ranks 164th 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.