Eritrea vs Kuwait: General government final consumption expenditure
General government final consumption expenditure over time
- Eritrea
- Kuwait
How they compare
Kuwait currently reports 9.72 billion constant LCU against 8.45 billion constant LCU in Eritrea, a difference of 1.27 billion constant LCU.
That makes Kuwait's figure about 1.1 times Eritrea's.
Globally, Eritrea ranks 140th and Kuwait ranks 138th 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.