Kuwait vs Panama: General government final consumption expenditure
General government final consumption expenditure over time
- Kuwait
- Panama
How they compare
Kuwait currently reports 12.73 billion current LCU against 10.73 billion current LCU in Panama, a difference of 2.00 billion current LCU.
That makes Kuwait's figure about 1.2 times Panama's.
The two have swapped places 4 times across 60 shared years of data; in 1965 it was Kuwait ahead.
Globally, Kuwait ranks 147th and Panama ranks 149th 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.