Belgium vs Peru: General government final consumption expenditure
General government final consumption expenditure over time
- Belgium
- Peru
How they compare
Peru currently reports 156.16 billion current LCU against 153.78 billion current LCU in Belgium, a difference of 2.38 billion current LCU.
The two have swapped places 3 times across 56 shared years of data; in 1970 it was Belgium ahead.
Globally, Belgium ranks 101st and Peru ranks 100th 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.