Guinea vs Mongolia: General government final consumption expenditure
General government final consumption expenditure over time
- Guinea
- Mongolia
How they compare
Mongolia currently reports 3.21 billion constant 2015 US$ against 2.71 billion constant 2015 US$ in Guinea, a difference of 506.45 million constant 2015 US$.
That makes Mongolia's figure about 1.2 times Guinea's.
Across all 16 years both countries report, Mongolia has been ahead every year.
Globally, Guinea ranks 112th and Mongolia ranks 109th of 167 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. 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.