New Caledonia vs Venezuela, Bolivarian Republic of: Final consumption expenditure
Final consumption expenditure over time
- New Caledonia
- Venezuela, Bolivarian Republic of
How they compare
New Caledonia currently reports 90.0% against 89.3% in Venezuela, Bolivarian Republic of, a difference of 0.7%.
The two have swapped places 2 times across 28 shared years of data; in 1990 it was New Caledonia ahead.
New Caledonia ranks 49th and Venezuela, Bolivarian Republic of ranks 52nd of 188 countries.
Across the 4 decades both report, New Caledonia averaged higher in 3 and Venezuela, Bolivarian Republic of in 1.
Head to head by decade
| Decade | New Caledonia | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 94.3% | 22.7% | 71.6% | New Caledonia |
| 2000s | 90.1% | 0.0% | 90.1% | New Caledonia |
| 2010s | 87.4% | 51.7% | 35.7% | New Caledonia |
| 2020s | 85.7% | 88.8% | 3.1% | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, New Caledonia or Venezuela, Bolivarian Republic of?
- New Caledonia, at 90.0% against 89.3% in Venezuela, Bolivarian Republic of as of 2024.
- What is the difference in final consumption expenditure between New Caledonia and Venezuela, Bolivarian Republic of?
- 0.7%, with New Caledonia ahead.
- How many years of comparable data are there for New Caledonia and Venezuela, Bolivarian Republic of?
- 28 years are reported by both, from 1990 to 2024.
- How do New Caledonia and Venezuela, Bolivarian Republic of rank globally for final consumption expenditure?
- New Caledonia ranks 49th and Venezuela, Bolivarian Republic of ranks 52nd of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.