Austria vs Belgium: General government final consumption expenditure
General government final consumption expenditure over time
- Austria
- Belgium
How they compare
Belgium currently reports 153.78 billion current LCU against 112.35 billion current LCU in Austria, a difference of 41.43 billion current LCU.
That makes Belgium's figure about 1.4 times Austria's.
Across all 56 years both countries report, Belgium has been ahead every year.
Globally, Austria ranks 103rd and Belgium ranks 101st 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.