Guinea vs Lao People's Democratic Republic: Final consumption expenditure
Final consumption expenditure over time
- Guinea
- Lao People's Democratic Republic
How they compare
Lao People's Democratic Republic currently reports 90.09 trillion constant LCU against 79.20 trillion constant LCU in Guinea, a difference of 10.89 trillion constant LCU.
That makes Lao People's Democratic Republic's figure about 1.1 times Guinea's.
Across all 11 years both countries report, Lao People's Democratic Republic has been ahead every year.
Guinea ranks 18th and Lao People's Democratic Republic ranks 16th of 176 countries.
Lao People's Democratic Republic has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guinea | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 33.91 trillion constant LCU | 45.60 trillion constant LCU | 11.69 trillion constant LCU | Lao People's Democratic Republic |
| 2010s | 46.85 trillion constant LCU | 76.91 trillion constant LCU | 30.06 trillion constant LCU | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Guinea or Lao People's Democratic Republic?
- Lao People's Democratic Republic, at 90.09 trillion constant LCU against 79.20 trillion constant LCU in Guinea as of 2016.
- What is the difference in final consumption expenditure between Guinea and Lao People's Democratic Republic?
- 10.89 trillion constant LCU, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Guinea and Lao People's Democratic Republic?
- 11 years are reported by both, from 2006 to 2016.
- How do Guinea and Lao People's Democratic Republic rank globally for final consumption expenditure?
- Guinea ranks 18th and Lao People's Democratic Republic ranks 16th 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.