Kazakhstan vs Mongolia: General government final consumption expenditure
General government final consumption expenditure over time
- Kazakhstan
- Mongolia
How they compare
Kazakhstan currently reports 14.75 trillion current LCU against 13.15 trillion current LCU in Mongolia, a difference of 1.60 trillion current LCU.
That makes Kazakhstan's figure about 1.1 times Mongolia's.
The two have swapped places 1 time across 33 shared years of data; in 1992 it was Mongolia ahead.
Globally, Kazakhstan ranks 25th and Mongolia ranks 26th 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.