India vs United Kingdom: Final consumption expenditure
Final consumption expenditure over time
- India
- United Kingdom
How they compare
United Kingdom currently reports 3.27 trillion current US$ against 2.67 trillion current US$ in India, a difference of 600.66 billion current US$.
That makes United Kingdom's figure about 1.2 times India's.
Across all 56 years both countries report, United Kingdom has been ahead every year.
Globally, India ranks 6th 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.