Cyprus vs Eritrea: General government final consumption expenditure
General government final consumption expenditure over time
- Cyprus
- Eritrea
How they compare
Eritrea currently reports 8.45 billion current LCU against 6.74 billion current LCU in Cyprus, a difference of 1.71 billion current LCU.
That makes Eritrea's figure about 1.3 times Cyprus's.
The two have swapped places 1 time across 20 shared years of data; in 1992 it was Cyprus ahead.
Globally, Cyprus ranks 159th and Eritrea ranks 156th 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.