Argentina vs Latin America & the Caribbean (IDA & IBRD countries): Final consumption expenditure
Final consumption expenditure over time
- Argentina
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Latin America & the Caribbean (IDA & IBRD countries) currently reports 4.85 trillion constant 2015 US$ against 522.52 billion constant 2015 US$ in Argentina, a difference of 4.33 trillion constant 2015 US$.
That makes Latin America & the Caribbean (IDA & IBRD countries)'s figure about 9.3 times Argentina's.
Across all 66 years both countries report, Latin America & the Caribbean (IDA & IBRD countries) has been ahead every year.
Argentina ranks 20th and Latin America & the Caribbean (IDA & IBRD countries) ranks 21st of 172 countries.
Latin America & the Caribbean (IDA & IBRD countries) has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Argentina | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 129.63 billion constant 2015 US$ | 656.56 billion constant 2015 US$ | 526.93 billion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 1970s | 178.17 billion constant 2015 US$ | 1.22 trillion constant 2015 US$ | 1.05 trillion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 1980s | 207.94 billion constant 2015 US$ | 1.72 trillion constant 2015 US$ | 1.51 trillion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 1990s | 268.97 billion constant 2015 US$ | 2.22 trillion constant 2015 US$ | 1.95 trillion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2000s | 327.94 billion constant 2015 US$ | 2.95 trillion constant 2015 US$ | 2.62 trillion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2010s | 484.59 billion constant 2015 US$ | 4.04 trillion constant 2015 US$ | 3.56 trillion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2020s | 483.59 billion constant 2015 US$ | 4.50 trillion constant 2015 US$ | 4.02 trillion constant 2015 US$ | Latin America & the Caribbean (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Argentina or Latin America & the Caribbean (IDA & IBRD countries)?
- Latin America & the Caribbean (IDA & IBRD countries), at 4.85 trillion constant 2015 US$ against 522.52 billion constant 2015 US$ in Argentina as of 2025.
- What is the difference in final consumption expenditure between Argentina and Latin America & the Caribbean (IDA & IBRD countries)?
- 4.33 trillion constant 2015 US$, with Latin America & the Caribbean (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Argentina and Latin America & the Caribbean (IDA & IBRD countries)?
- 66 years are reported by both, from 1960 to 2025.
- How do Argentina and Latin America & the Caribbean (IDA & IBRD countries) rank globally for final consumption expenditure?
- Argentina ranks 20th and Latin America & the Caribbean (IDA & IBRD countries) ranks 21st of 172 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.