India vs Latin America & Caribbean: General government final consumption expenditure
General government final consumption expenditure over time
- India
- Latin America & Caribbean
How they compare
Latin America & Caribbean currently reports 1.00 trillion constant 2015 US$ against 341.19 billion constant 2015 US$ in India, a difference of 660.18 billion constant 2015 US$.
That makes Latin America & Caribbean's figure about 2.9 times India's.
Across all 66 years both countries report, Latin America & Caribbean has been ahead every year.
India ranks 10th and Latin America & Caribbean ranks 10th of 168 countries.
Latin America & Caribbean has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | India | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 12.55 billion constant 2015 US$ | 134.57 billion constant 2015 US$ | 122.02 billion constant 2015 US$ | Latin America & Caribbean |
| 1970s | 22.02 billion constant 2015 US$ | 261.11 billion constant 2015 US$ | 239.09 billion constant 2015 US$ | Latin America & Caribbean |
| 1980s | 39.74 billion constant 2015 US$ | 324.82 billion constant 2015 US$ | 285.08 billion constant 2015 US$ | Latin America & Caribbean |
| 1990s | 68.04 billion constant 2015 US$ | 499.54 billion constant 2015 US$ | 431.50 billion constant 2015 US$ | Latin America & Caribbean |
| 2000s | 118.56 billion constant 2015 US$ | 649.04 billion constant 2015 US$ | 530.48 billion constant 2015 US$ | Latin America & Caribbean |
| 2010s | 222.53 billion constant 2015 US$ | 856.18 billion constant 2015 US$ | 633.65 billion constant 2015 US$ | Latin America & Caribbean |
| 2020s | 305.73 billion constant 2015 US$ | 950.86 billion constant 2015 US$ | 645.13 billion constant 2015 US$ | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, India or Latin America & Caribbean?
- Latin America & Caribbean, at 1.00 trillion constant 2015 US$ against 341.19 billion constant 2015 US$ in India as of 2025.
- What is the difference in general government final consumption expenditure between India and Latin America & Caribbean?
- 660.18 billion constant 2015 US$, with Latin America & Caribbean ahead.
- How many years of comparable data are there for India and Latin America & Caribbean?
- 66 years are reported by both, from 1960 to 2025.
- How do India and Latin America & Caribbean rank globally for general government final consumption expenditure?
- India ranks 10th and Latin America & Caribbean ranks 10th of 168 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (constant 2015 US$). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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 is 2015. This indicator is expressed in United States dollars.