Germany vs Iceland: General government final consumption expenditure
General government final consumption expenditure over time
- Germany
- Iceland
How they compare
Iceland currently reports 921.81 billion constant LCU against 827.49 billion constant LCU in Germany, a difference of 94.31 billion constant LCU.
That makes Iceland's figure about 1.1 times Germany's.
The two have swapped places 1 time across 56 shared years of data; in 1970 it was Germany ahead.
Globally, Germany ranks 55th and Iceland ranks 52nd of 175 countries.
Individual pages
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.