Iraq vs Somalia: Final consumption expenditure
Final consumption expenditure over time
- Iraq
- Somalia
How they compare
Somalia currently reports 553.36 trillion current LCU against 249.35 trillion current LCU in Iraq, a difference of 304.01 trillion current LCU.
That makes Somalia's figure about 2.2 times Iraq's.
The two have swapped places 2 times across 34 shared years of data; in 1970 it was Somalia ahead.
Iraq ranks 12th and Somalia ranks 9th of 187 countries.
Somalia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Iraq | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 2.27 billion current LCU | 4.93 billion current LCU | 2.66 billion current LCU | Somalia |
| 1980s | 12.87 billion current LCU | 140.53 billion current LCU | 127.67 billion current LCU | Somalia |
| 1990s | 31.44 billion current LCU | 1.96 trillion current LCU | 1.92 trillion current LCU | Somalia |
| 2010s | 153.97 trillion current LCU | 191.71 trillion current LCU | 37.74 trillion current LCU | Somalia |
| 2020s | 197.51 trillion current LCU | 370.45 trillion current LCU | 172.94 trillion current LCU | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Iraq or Somalia?
- Somalia, at 553.36 trillion current LCU against 249.35 trillion current LCU in Iraq as of 2025.
- What is the difference in final consumption expenditure between Iraq and Somalia?
- 304.01 trillion current LCU, with Somalia ahead.
- How many years of comparable data are there for Iraq and Somalia?
- 34 years are reported by both, from 1970 to 2024.
- How do Iraq and Somalia rank globally for final consumption expenditure?
- Iraq ranks 12th and Somalia ranks 9th of 187 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.