Australia vs Denmark: General government final consumption expenditure
General government final consumption expenditure over time
- Australia
- Denmark
How they compare
Denmark currently reports 711.10 billion current LCU against 643.28 billion current LCU in Australia, a difference of 67.82 billion current LCU.
That makes Denmark's figure about 1.1 times Australia's.
Across all 60 years both countries report, Denmark has been ahead every year.
Globally, Australia ranks 76th and Denmark ranks 73rd of 186 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.