Low & middle income vs New Caledonia: General government final consumption expenditure
General government final consumption expenditure over time
- Low & middle income
- New Caledonia
How they compare
New Caledonia currently reports 23.5% against 15.3% in Low & middle income, a difference of 8.2%.
That makes New Caledonia's figure about 1.5 times Low & middle income's.
The two have swapped places 2 times across 27 shared years of data; in 1981 it was New Caledonia ahead.
Low & middle income ranks 30th and New Caledonia ranks 31st of 43 groups.
New Caledonia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Low & middle income | New Caledonia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 12.7% | 35.6% | 22.9% | New Caledonia |
| 1990s | 13.6% | 22.1% | 8.4% | New Caledonia |
| 2000s | 13.6% | 26.1% | 12.5% | New Caledonia |
| 2010s | 14.8% | 23.8% | 8.9% | New Caledonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Low & middle income or New Caledonia?
- New Caledonia, at 23.5% against 15.3% in Low & middle income as of 2017.
- What is the difference in general government final consumption expenditure between Low & middle income and New Caledonia?
- 8.2%, with New Caledonia ahead.
- How many years of comparable data are there for Low & middle income and New Caledonia?
- 27 years are reported by both, from 1981 to 2017.
- How do Low & middle income and New Caledonia rank globally for general government final consumption expenditure?
- Low & middle income ranks 30th and New Caledonia ranks 31st of 43 groups.
- 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.