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OPEC countries Compared by Economy > Spending > Gross national expenditure > Current LCU

DEFINITION: Gross national expenditure (current LCU). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Iran 2,372.44 trillion 2007
2 Nigeria 27.75 trillion 2012
3 Algeria 14.33 trillion 2012
4 Angola 8.95 trillion 2012
5 Saudi Arabia 1.98 trillion 2012
6 Venezuela 1.6 trillion 2012
7 United Arab Emirates 1.12 trillion 2012
8 Qatar 340.62 billion 2011
9 Libya 68.49 billion 2008
10 Kuwait 23.77 billion 2011

Citation

OPEC countries Compared by Economy > Spending > Gross national expenditure > Current LCU

NationMaster

Interesting observations about Economy > Spending > Gross national expenditure > Current LCU

  • Indonesia ranked first for spending > gross national expenditure > current LCU globally in 2012.
  • 32 of the bottom 115 countries by spending > gross national expenditure > current LCU are Heavily indebted.
  • 11 of the bottom 96 countries by spending > gross national expenditure > current LCU are Eastern European.
  • 6 of the bottom 29 countries by spending > gross national expenditure > current LCU are European.
  • 7 of the bottom 184 countries by spending > gross national expenditure > current LCU are G7.
  • 23 of the bottom 62 countries by spending > gross national expenditure > current LCU are Former British Colonies'.
  • 2 of the bottom 16 countries by spending > gross national expenditure > current LCU are Sparsely populated.
  • 5 of the bottom 39 countries by spending > gross national expenditure > current LCU are Cold countries'.
  • 13 of the bottom 176 countries by spending > gross national expenditure > current LCU are Former Soviet.
  • 40 of the bottom 185 countries by spending > gross national expenditure > current LCU are Landlocked.
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