Guinea-Bissau vs United Arab Emirates: Final consumption expenditure
Final consumption expenditure over time
- Guinea-Bissau
- United Arab Emirates
How they compare
United Arab Emirates currently reports 1.08 trillion constant LCU against 1.02 trillion constant LCU in Guinea-Bissau, a difference of 55.89 billion constant LCU.
That makes United Arab Emirates's figure about 1.1 times Guinea-Bissau's.
The two have swapped places 4 times across 23 shared years of data; in 2001 it was United Arab Emirates ahead.
Guinea-Bissau ranks 85th and United Arab Emirates ranks 83rd of 176 countries.
United Arab Emirates has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | United Arab Emirates | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 445.99 billion constant LCU | 698.04 billion constant LCU | 252.05 billion constant LCU | United Arab Emirates |
| 2010s | 614.98 billion constant LCU | 678.35 billion constant LCU | 63.37 billion constant LCU | United Arab Emirates |
| 2020s | 882.21 billion constant LCU | 923.48 billion constant LCU | 41.27 billion constant LCU | United Arab Emirates |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Guinea-Bissau or United Arab Emirates?
- United Arab Emirates, at 1.08 trillion constant LCU against 1.02 trillion constant LCU in Guinea-Bissau as of 2023.
- What is the difference in final consumption expenditure between Guinea-Bissau and United Arab Emirates?
- 55.89 billion constant LCU, with United Arab Emirates ahead.
- How many years of comparable data are there for Guinea-Bissau and United Arab Emirates?
- 23 years are reported by both, from 2001 to 2023.
- How do Guinea-Bissau and United Arab Emirates rank globally for final consumption expenditure?
- Guinea-Bissau ranks 85th and United Arab Emirates ranks 83rd of 176 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (constant LCU). 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 varies by country. This series is expressed in local currency units.