China vs Mongolia: Final consumption expenditure
Final consumption expenditure over time
- China
- Mongolia
How they compare
China currently reports 76.41 trillion current LCU against 59.45 trillion current LCU in Mongolia, a difference of 16.96 trillion current LCU.
That makes China's figure about 1.3 times Mongolia's.
Across all 44 years both countries report, China has been ahead every year.
China ranks 28th and Mongolia ranks 30th of 188 countries.
China has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | China | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 629.22 billion current LCU | 7.02 billion current LCU | 622.20 billion current LCU | China |
| 1990s | 3.29 trillion current LCU | 351.41 billion current LCU | 2.94 trillion current LCU | China |
| 2000s | 10.88 trillion current LCU | 2.42 trillion current LCU | 8.46 trillion current LCU | China |
| 2010s | 37.67 trillion current LCU | 16.01 trillion current LCU | 21.66 trillion current LCU | China |
| 2020s | 67.80 trillion current LCU | 37.29 trillion current LCU | 30.51 trillion current LCU | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, China or Mongolia?
- China, at 76.41 trillion current LCU against 59.45 trillion current LCU in Mongolia as of 2024.
- What is the difference in final consumption expenditure between China and Mongolia?
- 16.96 trillion current LCU, with China ahead.
- How many years of comparable data are there for China and Mongolia?
- 44 years are reported by both, from 1981 to 2024.
- How do China and Mongolia rank globally for final consumption expenditure?
- China ranks 28th and Mongolia ranks 30th of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.