Congo vs Italy: General government final consumption expenditure
General government final consumption expenditure over time
- Congo
- Italy
How they compare
Italy currently reports 368.17 billion constant LCU against 337.74 billion constant LCU in Congo, a difference of 30.43 billion constant LCU.
That makes Italy's figure about 1.1 times Congo's.
The two have swapped places 4 times across 56 shared years of data; in 1970 it was Italy ahead.
Globally, Congo ranks 72nd and Italy ranks 71st 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.