India vs Italy: General government final consumption expenditure
General government final consumption expenditure over time
- India
- Italy
How they compare
Italy currently reports 465.68 billion current US$ against 426.05 billion current US$ in India, a difference of 39.63 billion current US$.
That makes Italy's figure about 1.1 times India's.
Across all 56 years both countries report, Italy has been ahead every year.
Globally, India ranks 11th and Italy ranks 9th 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.