Mongolia vs Namibia: General government final consumption expenditure
General government final consumption expenditure over time
- Mongolia
- Namibia
How they compare
Mongolia currently reports 3.71 billion current US$ against 3.36 billion current US$ in Namibia, a difference of 348.72 million current US$.
That makes Mongolia's figure about 1.1 times Namibia's.
The two have swapped places 2 times across 45 shared years of data; in 1981 it was Mongolia ahead.
Globally, Mongolia ranks 117th and Namibia ranks 120th 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.