Bosnia and Herzegovina vs Latvia: Final consumption expenditure
Final consumption expenditure over time
- Bosnia and Herzegovina
- Latvia
How they compare
Latvia currently reports 25.02 billion constant 2015 US$ against 20.98 billion constant 2015 US$ in Bosnia and Herzegovina, a difference of 4.04 billion constant 2015 US$.
That makes Latvia's figure about 1.2 times Bosnia and Herzegovina's.
Across all 26 years both countries report, Latvia has been ahead every year.
Bosnia and Herzegovina ranks 104th and Latvia ranks 101st of 172 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Bosnia and Herzegovina | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 14.60 billion constant 2015 US$ | 16.84 billion constant 2015 US$ | 2.24 billion constant 2015 US$ | Latvia |
| 2010s | 17.10 billion constant 2015 US$ | 20.15 billion constant 2015 US$ | 3.05 billion constant 2015 US$ | Latvia |
| 2020s | 19.39 billion constant 2015 US$ | 23.99 billion constant 2015 US$ | 4.59 billion constant 2015 US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Bosnia and Herzegovina or Latvia?
- Latvia, at 25.02 billion constant 2015 US$ against 20.98 billion constant 2015 US$ in Bosnia and Herzegovina as of 2025.
- What is the difference in final consumption expenditure between Bosnia and Herzegovina and Latvia?
- 4.04 billion constant 2015 US$, with Latvia ahead.
- How many years of comparable data are there for Bosnia and Herzegovina and Latvia?
- 26 years are reported by both, from 2000 to 2025.
- How do Bosnia and Herzegovina and Latvia rank globally for final consumption expenditure?
- Bosnia and Herzegovina ranks 104th and Latvia ranks 101st of 172 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.