Guyana vs OECD members: General government final consumption expenditure
General government final consumption expenditure over time
- Guyana
- OECD members
How they compare
Guyana currently reports 26.9% against 17.3% in OECD members, a difference of 9.6%.
That makes Guyana's figure about 1.6 times OECD members's.
The two have swapped places 2 times across 36 shared years of data; in 1970 it was Guyana ahead.
Guyana ranks 14th and OECD members ranks 13th of 187 countries.
Across the 4 decades both report, Guyana averaged higher in 3 and OECD members in 1.
Head to head by decade
| Decade | Guyana | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 21.9% | 17.1% | 4.9% | Guyana |
| 1980s | 24.6% | 17.3% | 7.3% | Guyana |
| 1990s | 16.2% | 16.8% | 0.6% | OECD members |
| 2000s | 26.3% | 17.0% | 9.3% | Guyana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Guyana or OECD members?
- Guyana, at 26.9% against 17.3% in OECD members as of 2005.
- What is the difference in general government final consumption expenditure between Guyana and OECD members?
- 9.6%, with Guyana ahead.
- How many years of comparable data are there for Guyana and OECD members?
- 36 years are reported by both, from 1970 to 2005.
- How do Guyana and OECD members rank globally for general government final consumption expenditure?
- Guyana ranks 14th and OECD members ranks 13th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as General government final consumption expenditure (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.