Lao People's Democratic Republic vs Nicaragua: General government final consumption expenditure
General government final consumption expenditure over time
- Lao People's Democratic Republic
- Nicaragua
How they compare
Lao People's Democratic Republic currently reports 2.17 billion constant 2015 US$ against 2.07 billion constant 2015 US$ in Nicaragua, a difference of 102.02 million constant 2015 US$.
The two have swapped places 1 time across 17 shared years of data; in 2000 it was Nicaragua ahead.
Lao People's Democratic Republic ranks 117th and Nicaragua ranks 119th of 168 countries.
Across the 2 decades both report, Lao People's Democratic Republic averaged higher in 1 and Nicaragua in 1.
Head to head by decade
| Decade | Lao People's Democratic Republic | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 531.83 million constant 2015 US$ | 1.21 billion constant 2015 US$ | 680.43 million constant 2015 US$ | Nicaragua |
| 2010s | 1.80 billion constant 2015 US$ | 1.63 billion constant 2015 US$ | 170.37 million constant 2015 US$ | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Lao People's Democratic Republic or Nicaragua?
- Lao People's Democratic Republic, at 2.17 billion constant 2015 US$ against 2.07 billion constant 2015 US$ in Nicaragua as of 2016.
- What is the difference in general government final consumption expenditure between Lao People's Democratic Republic and Nicaragua?
- 102.02 million constant 2015 US$, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Nicaragua?
- 17 years are reported by both, from 2000 to 2016.
- How do Lao People's Democratic Republic and Nicaragua rank globally for general government final consumption expenditure?
- Lao People's Democratic Republic ranks 117th and Nicaragua ranks 119th of 168 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (constant 2015 US$). 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.