Somalia vs Palestine, State of: Final consumption expenditure
Final consumption expenditure over time
- Somalia
- Palestine, State of
How they compare
Somalia currently reports 13.19 billion constant 2015 US$ against 12.86 billion constant 2015 US$ in Palestine, State of, a difference of 330.50 million constant 2015 US$.
The two have swapped places 1 time across 13 shared years of data; in 2013 it was Palestine, State of ahead.
Somalia ranks 125th and Palestine, State of ranks 128th of 172 countries.
Palestine, State of has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Somalia | Palestine, State of | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 8.72 billion constant 2015 US$ | 16.26 billion constant 2015 US$ | 7.54 billion constant 2015 US$ | Palestine, State of |
| 2020s | 11.57 billion constant 2015 US$ | 15.75 billion constant 2015 US$ | 4.18 billion constant 2015 US$ | Palestine, State of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Somalia or Palestine, State of?
- Somalia, at 13.19 billion constant 2015 US$ against 12.86 billion constant 2015 US$ in Palestine, State of as of 2025.
- What is the difference in final consumption expenditure between Somalia and Palestine, State of?
- 330.50 million constant 2015 US$, with Somalia ahead.
- How many years of comparable data are there for Somalia and Palestine, State of?
- 13 years are reported by both, from 2013 to 2025.
- How do Somalia and Palestine, State of rank globally for final consumption expenditure?
- Somalia ranks 125th and Palestine, State of ranks 128th of 172 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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.