Chile vs Guinea: General government final consumption expenditure
General government final consumption expenditure over time
- Chile
- Guinea
How they compare
Chile currently reports 51.19 trillion current LCU against 40.95 trillion current LCU in Guinea, a difference of 10.24 trillion current LCU.
That makes Chile's figure about 1.3 times Guinea's.
Across all 40 years both countries report, Chile has been ahead every year.
Globally, Chile ranks 11th and Guinea ranks 12th 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.