Benin vs Iceland: General government final consumption expenditure
General government final consumption expenditure over time
- Benin
- Iceland
How they compare
Iceland currently reports 1.29 trillion current LCU against 1.27 trillion current LCU in Benin, a difference of 23.46 billion current LCU.
The two have swapped places 5 times across 56 shared years of data; in 1970 it was Benin ahead.
Globally, Benin ranks 60th and Iceland ranks 59th 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.