Equatorial Guinea vs Thailand: General government final consumption expenditure
General government final consumption expenditure over time
- Equatorial Guinea
- Thailand
How they compare
Thailand currently reports 3.16 trillion current LCU against 2.42 trillion current LCU in Equatorial Guinea, a difference of 741.55 billion current LCU.
That makes Thailand's figure about 1.3 times Equatorial Guinea's.
Across all 21 years both countries report, Thailand has been ahead every year.
Globally, Equatorial Guinea ranks 47th and Thailand ranks 44th 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.