Iceland vs Tanzania: General government final consumption expenditure
General government final consumption expenditure over time
- Iceland
- Tanzania
How they compare
Iceland currently reports 10.06 billion current US$ against 8.82 billion current US$ in Tanzania, a difference of 1.24 billion current US$.
That makes Iceland's figure about 1.1 times Tanzania's.
The two have swapped places 4 times across 36 shared years of data; in 1990 it was Iceland ahead.
Globally, Iceland ranks 85th and Tanzania ranks 88th 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.