Laos vs New Caledonia: General government final consumption expenditure
General government final consumption expenditure over time
- Laos
- New Caledonia
How they compare
Laos currently reports 2.22 billion current US$ against 2.16 billion current US$ in New Caledonia, a difference of 65.95 million current US$.
The two have swapped places 1 time across 20 shared years of data; in 1984 it was New Caledonia ahead.
Globally, Laos ranks 135th and New Caledonia ranks 137th 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.