Iraq vs New Zealand: Final consumption expenditure
Final consumption expenditure over time
- Iraq
- New Zealand
How they compare
New Zealand currently reports 204.01 billion current US$ against 191.81 billion current US$ in Iraq, a difference of 12.20 billion current US$.
That makes New Zealand's figure about 1.1 times Iraq's.
The two have swapped places 4 times across 55 shared years of data; in 1970 it was New Zealand ahead.
Globally, Iraq ranks 52nd and New Zealand ranks 51st 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.