Macao vs Namibia: General government final consumption expenditure
General government final consumption expenditure over time
- Macao
- Namibia
How they compare
Macao currently reports 50.01 billion constant LCU against 45.20 billion constant LCU in Namibia, a difference of 4.82 billion constant LCU.
That makes Macao's figure about 1.1 times Namibia's.
The two have swapped places 3 times across 44 shared years of data; in 1982 it was Namibia ahead.
Globally, Macao ranks 110th and Namibia ranks 111th 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.