Belgium vs Latin America & the Caribbean (IDA & IBRD countries): General government final consumption expenditure
General government final consumption expenditure over time
- Belgium
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Latin America & the Caribbean (IDA & IBRD countries) currently reports 1.11 trillion current US$ against 173.77 billion current US$ in Belgium, a difference of 933.48 billion current US$.
That makes Latin America & the Caribbean (IDA & IBRD countries)'s figure about 6.4 times Belgium's.
Across all 56 years both countries report, Latin America & the Caribbean (IDA & IBRD countries) has been ahead every year.
Belgium ranks 21st and Latin America & the Caribbean (IDA & IBRD countries) ranks 21st of 187 countries.
Latin America & the Caribbean (IDA & IBRD countries) has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Belgium | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 13.28 billion current US$ | 36.96 billion current US$ | 23.68 billion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 1980s | 26.45 billion current US$ | 80.24 billion current US$ | 53.79 billion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 1990s | 51.91 billion current US$ | 230.00 billion current US$ | 178.09 billion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2000s | 82.18 billion current US$ | 402.31 billion current US$ | 320.13 billion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2010s | 120.16 billion current US$ | 880.78 billion current US$ | 760.62 billion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2020s | 149.03 billion current US$ | 940.65 billion current US$ | 791.63 billion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Belgium or Latin America & the Caribbean (IDA & IBRD countries)?
- Latin America & the Caribbean (IDA & IBRD countries), at 1.11 trillion current US$ against 173.77 billion current US$ in Belgium as of 2025.
- What is the difference in general government final consumption expenditure between Belgium and Latin America & the Caribbean (IDA & IBRD countries)?
- 933.48 billion current US$, with Latin America & the Caribbean (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Belgium and Latin America & the Caribbean (IDA & IBRD countries)?
- 56 years are reported by both, from 1970 to 2025.
- How do Belgium and Latin America & the Caribbean (IDA & IBRD countries) rank globally for general government final consumption expenditure?
- Belgium ranks 21st and Latin America & the Caribbean (IDA & IBRD countries) ranks 21st of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.