Ecuador vs Oman: General government final consumption expenditure
General government final consumption expenditure over time
- Ecuador
- Oman
How they compare
Oman currently reports 18.00 billion constant 2015 US$ against 15.17 billion constant 2015 US$ in Ecuador, a difference of 2.83 billion constant 2015 US$.
That makes Oman's figure about 1.2 times Ecuador's.
The two have swapped places 1 time across 27 shared years of data; in 1998 it was Ecuador ahead.
Globally, Ecuador ranks 64th and Oman ranks 61st of 167 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.