Oman vs Venezuela: Final consumption expenditure
Final consumption expenditure over time
- Oman
- Venezuela
How they compare
Oman currently reports 22.93 billion constant LCU against 16.82 billion constant LCU in Venezuela, a difference of 6.11 billion constant LCU.
That makes Oman's figure about 1.4 times Venezuela's.
The two have swapped places 1 time across 27 shared years of data; in 1998 it was Venezuela ahead.
Oman ranks 149th and Venezuela ranks 151st of 176 countries.
Across the 4 decades both report, Oman averaged higher in 1 and Venezuela in 3.
Head to head by decade
| Decade | Oman | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.57 billion constant LCU | 23.80 billion constant LCU | 17.23 billion constant LCU | Venezuela |
| 2000s | 9.13 billion constant LCU | 32.36 billion constant LCU | 23.23 billion constant LCU | Venezuela |
| 2010s | 17.70 billion constant LCU | 39.15 billion constant LCU | 21.45 billion constant LCU | Venezuela |
| 2020s | 21.21 billion constant LCU | 15.21 billion constant LCU | 6.00 billion constant LCU | Oman |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Oman or Venezuela?
- Oman, at 22.93 billion constant LCU against 16.82 billion constant LCU in Venezuela as of 2024.
- What is the difference in final consumption expenditure between Oman and Venezuela?
- 6.11 billion constant LCU, with Oman ahead.
- How many years of comparable data are there for Oman and Venezuela?
- 27 years are reported by both, from 1998 to 2024.
- How do Oman and Venezuela rank globally for final consumption expenditure?
- Oman ranks 149th and Venezuela ranks 151st 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.
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 varies by country. This series is expressed in local currency units.