Colombia vs Iraq: General government final consumption expenditure
General government final consumption expenditure over time
- Colombia
- Iraq
How they compare
Colombia currently reports 70.85 billion current US$ against 62.03 billion current US$ in Iraq, a difference of 8.82 billion current US$.
That makes Colombia's figure about 1.1 times Iraq's.
The two have swapped places 1 time across 55 shared years of data; in 1970 it was Iraq ahead.
Globally, Colombia ranks 37th and Iraq ranks 39th of 186 countries.
Individual pages
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.