Botswana vs Guatemala: General government final consumption expenditure
General government final consumption expenditure over time
- Botswana
- Guatemala
How they compare
Guatemala currently reports 68.49 billion constant LCU against 62.75 billion constant LCU in Botswana, a difference of 5.74 billion constant LCU.
That makes Guatemala's figure about 1.1 times Botswana's.
The two have swapped places 4 times across 51 shared years of data; in 1975 it was Guatemala ahead.
Globally, Botswana ranks 103rd and Guatemala ranks 100th 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.