Australia vs Canada: General government final consumption expenditure
General government final consumption expenditure over time
- Australia
- Canada
How they compare
Australia currently reports 622.17 billion constant LCU against 596.24 billion constant LCU in Canada, a difference of 25.92 billion constant LCU.
The two have swapped places 1 time across 65 shared years of data; in 1961 it was Canada ahead.
Globally, Australia ranks 60th and Canada ranks 62nd of 175 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 varies by country. This series is expressed in local currency units.