Chile vs Somalia: Goods and services expense

Chile
6.03 trillion current LCU
in 2024
Somalia
5.75 trillion current LCU
in 2024
Chile rank
11th
Somalia rank
12th

Goods and services expense over time

  • Chile
  • Somalia
02.0T4.0T6.0T197219982024

How they compare

Chile currently reports 6.03 trillion current LCU against 5.75 trillion current LCU in Somalia, a difference of 281.63 billion current LCU.

Across all 8 years both countries report, Chile has been ahead every year.

Chile ranks 11th and Somalia ranks 12th of 155 countries.

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

Head to head by decade

Decade Chile Somalia Difference Ahead
2010s 3.68 trillion current LCU 2.10 trillion current LCU 1.58 trillion current LCU Chile
2020s 5.17 trillion current LCU 3.62 trillion current LCU 1.54 trillion current LCU Chile

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, Chile or Somalia?
Chile, at 6.03 trillion current LCU against 5.75 trillion current LCU in Somalia as of 2024.
What is the difference in goods and services expense between Chile and Somalia?
281.63 billion current LCU, with Chile ahead.
How many years of comparable data are there for Chile and Somalia?
8 years are reported by both, from 2017 to 2024.
How do Chile and Somalia rank globally for goods and services expense?
Chile ranks 11th and Somalia ranks 12th 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.