Belgium vs Ecuador: Goods and services expense

Belgium
6.97 billion current LCU
in 2024
Ecuador
8.69 billion current LCU
in 2022
Belgium rank
111th
Ecuador rank
108th

Goods and services expense over time

  • Belgium
  • Ecuador
2.0B4.0B6.0B8.0B10.0B12.0B199520092024

How they compare

Ecuador currently reports 8.69 billion current LCU against 6.97 billion current LCU in Belgium, a difference of 1.72 billion current LCU.

That makes Ecuador's figure about 1.2 times Belgium's.

Across all 10 years both countries report, Ecuador has been ahead every year.

Globally, Belgium ranks 111th and Ecuador ranks 108th of 155 countries.

Individual pages

About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.