Cape Verde vs Namibia: General government final consumption expenditure
General government final consumption expenditure over time
- Cape Verde
- Namibia
How they compare
Cape Verde currently reports 68.37 billion current LCU against 60.11 billion current LCU in Namibia, a difference of 8.26 billion current LCU.
That makes Cape Verde's figure about 1.1 times Namibia's.
The two have swapped places 2 times across 19 shared years of data; in 2007 it was Cape Verde ahead.
Globally, Cape Verde ranks 119th and Namibia ranks 122nd 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.