Latin America & the Caribbean (IDA & IBRD countries) vs Mongolia: Final consumption expenditure (constant 2015 US$), annual growth rate
Final consumption expenditure (constant 2015 US$), annual growth rate over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Mongolia
How they compare
Mongolia currently reports 5.71 % change on previous year against 2.42 % change on previous year in Latin America & the Caribbean (IDA & IBRD countries), a difference of 3.29 % change on previous year.
That makes Mongolia's figure about 2.4 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 2 times across 15 shared years of data; in 2011 it was Mongolia ahead.
Latin America & the Caribbean (IDA & IBRD countries) ranks 34th and Mongolia ranks 32nd of 42 groups.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 2.01 % change on previous year | 9.11 % change on previous year | 7.1 % change on previous year | Mongolia |
| 2020s | 2.16 % change on previous year | 6.16 % change on previous year | 3.99 % change on previous year | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure (constant 2015 us$), annual growth rate, Latin America & the Caribbean (IDA & IBRD countries) or Mongolia?
- Mongolia, at 5.71 % change on previous year against 2.42 % change on previous year in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in final consumption expenditure (constant 2015 us$), annual growth rate between Latin America & the Caribbean (IDA & IBRD countries) and Mongolia?
- 3.29 % change on previous year, with Mongolia ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Mongolia?
- 15 years are reported by both, from 2011 to 2025.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Mongolia rank globally for final consumption expenditure (constant 2015 us$), annual growth rate?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 34th and Mongolia ranks 32nd of 42 groups.
- Where does this data come from?
- Statizoid (derived), published as Final consumption expenditure (constant 2015 US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.