Guinea vs Iraq: General government final consumption expenditure
General government final consumption expenditure over time
- Guinea
- Iraq
How they compare
Iraq currently reports 80.64 trillion current LCU against 40.95 trillion current LCU in Guinea, a difference of 39.70 trillion current LCU.
That makes Iraq's figure about 2.0 times Guinea's.
The two have swapped places 1 time across 39 shared years of data; in 1986 it was Guinea ahead.
Guinea ranks 12th and Iraq ranks 10th of 186 countries.
Across the 5 decades both report, Guinea averaged higher in 1 and Iraq in 4.
Head to head by decade
| Decade | Guinea | Iraq | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 118.77 billion current LCU | 5.79 billion current LCU | 112.97 billion current LCU | Guinea |
| 1990s | 270.37 billion current LCU | 858.26 billion current LCU | 587.89 billion current LCU | Iraq |
| 2000s | 1.14 trillion current LCU | 14.18 trillion current LCU | 13.04 trillion current LCU | Iraq |
| 2010s | 11.70 trillion current LCU | 41.60 trillion current LCU | 29.90 trillion current LCU | Iraq |
| 2020s | 27.20 trillion current LCU | 61.30 trillion current LCU | 34.10 trillion current LCU | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Guinea or Iraq?
- Iraq, at 80.64 trillion current LCU against 40.95 trillion current LCU in Guinea as of 2024.
- What is the difference in general government final consumption expenditure between Guinea and Iraq?
- 39.70 trillion current LCU, with Iraq ahead.
- How many years of comparable data are there for Guinea and Iraq?
- 39 years are reported by both, from 1986 to 2024.
- How do Guinea and Iraq rank globally for general government final consumption expenditure?
- Guinea ranks 12th and Iraq ranks 10th of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.