Cyprus vs Oman: General government final consumption expenditure
General government final consumption expenditure over time
- Cyprus
- Oman
How they compare
Oman currently reports 7.72 billion current LCU against 6.74 billion current LCU in Cyprus, a difference of 972.17 million current LCU.
That makes Oman's figure about 1.1 times Cyprus's.
The two have swapped places 4 times across 50 shared years of data; in 1975 it was Oman ahead.
Globally, Cyprus ranks 159th and Oman ranks 158th 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.