Armenia vs Namibia: General government final consumption expenditure
General government final consumption expenditure over time
- Armenia
- Namibia
How they compare
Namibia currently reports 3.36 billion current US$ against 2.98 billion current US$ in Armenia, a difference of 378.80 million current US$.
That makes Namibia's figure about 1.1 times Armenia's.
The two have swapped places 2 times across 36 shared years of data; in 1990 it was Namibia ahead.
Globally, Armenia ranks 123rd and Namibia ranks 120th 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 indicator is expressed in United States dollars.