Belgium vs Ecuador: Goods and services expense

Belgium
6.97 billion current LCU
in 2024
Ecuador
8.69 billion current LCU
in 2022
Belgium rank
111th
Ecuador rank
108th

Goods and services expense over time

  • Belgium
  • Ecuador
2.0B4.0B6.0B8.0B10.0B12.0B199520092024

How they compare

Ecuador currently reports 8.69 billion current LCU against 6.97 billion current LCU in Belgium, a difference of 1.72 billion current LCU.

That makes Ecuador's figure about 1.2 times Belgium's.

Across all 10 years both countries report, Ecuador has been ahead every year.

Belgium ranks 111th and Ecuador ranks 108th of 155 countries.

Ecuador has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Belgium Ecuador Difference Ahead
2010s 4.49 billion current LCU 9.09 billion current LCU 4.60 billion current LCU Ecuador
2020s 5.54 billion current LCU 7.82 billion current LCU 2.28 billion current LCU Ecuador

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, Belgium or Ecuador?
Ecuador, at 8.69 billion current LCU against 6.97 billion current LCU in Belgium as of 2022.
What is the difference in goods and services expense between Belgium and Ecuador?
1.72 billion current LCU, with Ecuador ahead.
How many years of comparable data are there for Belgium and Ecuador?
10 years are reported by both, from 2013 to 2022.
How do Belgium and Ecuador rank globally for goods and services expense?
Belgium ranks 111th and Ecuador ranks 108th 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.

Individual pages

About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

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.