India vs OECD members: Final consumption expenditure
Final consumption expenditure over time
- India
- OECD members
How they compare
OECD members currently reports 44.42 trillion constant 2015 US$ against 2.54 trillion constant 2015 US$ in India, a difference of 41.88 trillion constant 2015 US$.
That makes OECD members's figure about 17.5 times India's.
Across all 55 years both countries report, OECD members has been ahead every year.
India ranks 6th and OECD members ranks 3rd of 170 countries.
Individual pages
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.