Luxembourg vs Oman: General government final consumption expenditure
General government final consumption expenditure over time
- Luxembourg
- Oman
How they compare
Luxembourg currently reports 20.08 billion current US$ against 20.07 billion current US$ in Oman, a difference of 9.30 million current US$.
The two have swapped places 3 times across 55 shared years of data; in 1970 it was Luxembourg ahead.
Globally, Luxembourg ranks 63rd and Oman ranks 64th 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.