China vs United Kingdom: Final consumption expenditure
Final consumption expenditure over time
- China
- United Kingdom
How they compare
China currently reports 10.62 trillion current US$ against 3.27 trillion current US$ in United Kingdom, a difference of 7.35 trillion current US$.
That makes China's figure about 3.2 times United Kingdom's.
The two have swapped places 1 time across 55 shared years of data; in 1970 it was United Kingdom ahead.
Globally, China ranks 2nd and United Kingdom ranks 4th 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.