Emerging markets Compared by Economy > Spending > General government final consumption expenditure > Constant LCU
DEFINITION:
General government final consumption expenditure (constant LCU). General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant local currency.
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Interesting observations about Economy > Spending > General government final consumption expenditure > Constant LCU
- Indonesia has had the highest spending > general government final consumption expenditure > constant LCU since 2002.
- Tajikistan has ranked last for spending > general government final consumption expenditure > constant LCU since 1996.
- South Korea ranked first for spending > general government final consumption expenditure > constant LCU amongst High income OECD countries in 2012.
- Colombia ranked first for spending > general government final consumption expenditure > constant LCU amongst Christian countries in 2012.
- Hungary ranked first for spending > general government final consumption expenditure > constant LCU amongst Europe in 2010.
- Chile ranked first for spending > general government final consumption expenditure > constant LCU amongst Cold countries in 2012.
- Japan ranked first for spending > general government final consumption expenditure > constant LCU amongst Group of 7 countries (G7) in 2012.
- Vietnam ranked first for spending > general government final consumption expenditure > constant LCU amongst Non-religious countries in 2012.
- Germany ranked first for spending > general government final consumption expenditure > constant LCU amongst Eurozone in 2012.
- Sweden ranked second for spending > general government final consumption expenditure > constant LCU amongst European Union in 2012.
