Laos vs Rwanda: General government final consumption expenditure
General government final consumption expenditure over time
- Laos
- Rwanda
How they compare
Rwanda currently reports 2.46 billion constant 2015 US$ against 2.17 billion constant 2015 US$ in Laos, a difference of 287.38 million constant 2015 US$.
That makes Rwanda's figure about 1.1 times Laos's.
The two have swapped places 3 times across 17 shared years of data; in 2000 it was Rwanda ahead.
Globally, Laos ranks 117th and Rwanda ranks 114th 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.