Lebanon vs Venezuela, Bolivarian Republic of: General government final consumption expenditure
General government final consumption expenditure over time
- Lebanon
- Venezuela, Bolivarian Republic of
How they compare
Lebanon currently reports 4.9% against 0.0% in Venezuela, Bolivarian Republic of, a difference of 4.9%.
Across all 23 years both countries report, Lebanon has been ahead every year.
Lebanon ranks 184th and Venezuela, Bolivarian Republic of ranks 187th of 187 countries.
Lebanon has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Lebanon | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 18.1% | 9.2% | 8.8% | Lebanon |
| 1990s | 14.9% | 0.8% | 14.1% | Lebanon |
| 2000s | 15.2% | 0.0% | 15.2% | Lebanon |
| 2010s | 12.4% | 0.0% | 12.4% | Lebanon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Lebanon or Venezuela, Bolivarian Republic of?
- Lebanon, at 4.9% against 0.0% in Venezuela, Bolivarian Republic of as of 2024.
- What is the difference in general government final consumption expenditure between Lebanon and Venezuela, Bolivarian Republic of?
- 4.9%, with Lebanon ahead.
- How many years of comparable data are there for Lebanon and Venezuela, Bolivarian Republic of?
- 23 years are reported by both, from 1989 to 2011.
- How do Lebanon and Venezuela, Bolivarian Republic of rank globally for general government final consumption expenditure?
- Lebanon ranks 184th and Venezuela, Bolivarian Republic of ranks 187th 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.