Costa Rica vs Lao People's Democratic Republic: General government final consumption expenditure
General government final consumption expenditure over time
- Costa Rica
- Lao People's Democratic Republic
How they compare
Lao People's Democratic Republic currently reports 15.22 trillion constant LCU against 7.00 trillion constant LCU in Costa Rica, a difference of 8.22 trillion constant LCU.
That makes Lao People's Democratic Republic's figure about 2.2 times Costa Rica's.
The two have swapped places 1 time across 17 shared years of data; in 2000 it was Costa Rica ahead.
Costa Rica ranks 20th and Lao People's Democratic Republic ranks 17th of 176 countries.
Across the 2 decades both report, Costa Rica averaged higher in 1 and Lao People's Democratic Republic in 1.
Head to head by decade
| Decade | Costa Rica | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.34 trillion constant LCU | 3.73 trillion constant LCU | 618.71 billion constant LCU | Costa Rica |
| 2010s | 5.60 trillion constant LCU | 12.63 trillion constant LCU | 7.03 trillion constant LCU | 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, Costa Rica or Lao People's Democratic Republic?
- Lao People's Democratic Republic, at 15.22 trillion constant LCU against 7.00 trillion constant LCU in Costa Rica as of 2016.
- What is the difference in general government final consumption expenditure between Costa Rica and Lao People's Democratic Republic?
- 8.22 trillion constant LCU, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Costa Rica and Lao People's Democratic Republic?
- 17 years are reported by both, from 2000 to 2016.
- How do Costa Rica and Lao People's Democratic Republic rank globally for general government final consumption expenditure?
- Costa Rica ranks 20th and Lao People's Democratic Republic ranks 17th of 176 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 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. 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 varies by country. This series is expressed in local currency units.