Cuba vs Venezuela: Final consumption expenditure
Final consumption expenditure over time
- Cuba
- Venezuela
How they compare
Cuba currently reports 96.05 billion current US$ against 88.98 billion current US$ in Venezuela, a difference of 7.07 billion current US$.
That makes Cuba's figure about 1.1 times Venezuela's.
The two have swapped places 3 times across 51 shared years of data; in 1970 it was Venezuela ahead.
Globally, Cuba ranks 67th and Venezuela ranks 68th of 187 countries.
Individual pages
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.