Dominican Republic vs Venezuela: Final consumption expenditure
Final consumption expenditure over time
- Dominican Republic
- Venezuela
How they compare
Dominican Republic currently reports 101.30 billion current US$ against 88.98 billion current US$ in Venezuela, a difference of 12.33 billion current US$.
That makes Dominican Republic's figure about 1.1 times Venezuela's.
The two have swapped places 5 times across 66 shared years of data; in 1960 it was Venezuela ahead.
Globally, Dominican Republic ranks 65th and Venezuela ranks 68th 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.