Belize vs Papua New Guinea: Final consumption expenditure
Final consumption expenditure over time
- Belize
- Papua New Guinea
How they compare
Papua New Guinea currently reports 8.45 billion current LCU against 5.14 billion current LCU in Belize, a difference of 3.31 billion current LCU.
That makes Papua New Guinea's figure about 1.6 times Belize's.
Across all 25 years both countries report, Papua New Guinea has been ahead every year.
Belize ranks 176th and Papua New Guinea ranks 173rd of 187 countries.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.