Australia vs Guinea-Bissau: Goods and services expense
Goods and services expense over time
- Australia
- Guinea-Bissau
How they compare
Australia currently reports 69.37 billion current LCU against 57.26 billion current LCU in Guinea-Bissau, a difference of 12.11 billion current LCU.
That makes Australia's figure about 1.2 times Guinea-Bissau's.
Across all 6 years both countries report, Australia has been ahead every year.
Australia ranks 66th and Guinea-Bissau ranks 69th of 155 countries.
Australia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | Guinea-Bissau | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 50.90 billion current LCU | 35.26 billion current LCU | 15.64 billion current LCU | Australia |
| 2020s | 63.04 billion current LCU | 46.06 billion current LCU | 16.98 billion current LCU | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Australia or Guinea-Bissau?
- Australia, at 69.37 billion current LCU against 57.26 billion current LCU in Guinea-Bissau as of 2022.
- What is the difference in goods and services expense between Australia and Guinea-Bissau?
- 12.11 billion current LCU, with Australia ahead.
- How many years of comparable data are there for Australia and Guinea-Bissau?
- 6 years are reported by both, from 2017 to 2022.
- How do Australia and Guinea-Bissau rank globally for goods and services expense?
- Australia ranks 66th and Guinea-Bissau ranks 69th of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.