Latin America & Caribbean vs Spain: Final consumption expenditure
Final consumption expenditure over time
- Latin America & Caribbean
- Spain
How they compare
Latin America & Caribbean currently reports 5.05 trillion constant 2015 US$ against 1.12 trillion constant 2015 US$ in Spain, a difference of 3.94 trillion constant 2015 US$.
That makes Latin America & Caribbean's figure about 4.5 times Spain's.
Across all 56 years both countries report, Latin America & Caribbean has been ahead every year.
Latin America & Caribbean ranks 18th and Spain ranks 15th of 40 groups.
Latin America & Caribbean has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.29 trillion constant 2015 US$ | 371.44 billion constant 2015 US$ | 916.20 billion constant 2015 US$ | Latin America & Caribbean |
| 1980s | 1.81 trillion constant 2015 US$ | 475.01 billion constant 2015 US$ | 1.34 trillion constant 2015 US$ | Latin America & Caribbean |
| 1990s | 2.33 trillion constant 2015 US$ | 641.43 billion constant 2015 US$ | 1.68 trillion constant 2015 US$ | Latin America & Caribbean |
| 2000s | 3.09 trillion constant 2015 US$ | 883.48 billion constant 2015 US$ | 2.20 trillion constant 2015 US$ | Latin America & Caribbean |
| 2010s | 4.21 trillion constant 2015 US$ | 955.86 billion constant 2015 US$ | 3.26 trillion constant 2015 US$ | Latin America & Caribbean |
| 2020s | 4.69 trillion constant 2015 US$ | 1.03 trillion constant 2015 US$ | 3.66 trillion constant 2015 US$ | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Latin America & Caribbean or Spain?
- Latin America & Caribbean, at 5.05 trillion constant 2015 US$ against 1.12 trillion constant 2015 US$ in Spain as of 2025.
- What is the difference in final consumption expenditure between Latin America & Caribbean and Spain?
- 3.94 trillion constant 2015 US$, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Latin America & Caribbean and Spain?
- 56 years are reported by both, from 1970 to 2025.
- How do Latin America & Caribbean and Spain rank globally for final consumption expenditure?
- Latin America & Caribbean ranks 18th and Spain ranks 15th of 40 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (constant 2015 US$). 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.