Georgia vs Latvia: Final consumption expenditure
Final consumption expenditure over time
- Georgia
- Latvia
How they compare
Latvia currently reports 25.02 billion constant 2015 US$ against 24.42 billion constant 2015 US$ in Georgia, a difference of 594.70 million constant 2015 US$.
Across all 16 years both countries report, Latvia has been ahead every year.
Georgia ranks 102nd and Latvia ranks 101st of 171 countries.
Latvia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Georgia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 13.37 billion constant 2015 US$ | 20.15 billion constant 2015 US$ | 6.78 billion constant 2015 US$ | Latvia |
| 2020s | 20.35 billion constant 2015 US$ | 23.99 billion constant 2015 US$ | 3.63 billion constant 2015 US$ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Georgia or Latvia?
- Latvia, at 25.02 billion constant 2015 US$ against 24.42 billion constant 2015 US$ in Georgia as of 2025.
- What is the difference in final consumption expenditure between Georgia and Latvia?
- 594.70 million constant 2015 US$, with Latvia ahead.
- How many years of comparable data are there for Georgia and Latvia?
- 16 years are reported by both, from 2010 to 2025.
- How do Georgia and Latvia rank globally for final consumption expenditure?
- Georgia ranks 102nd and Latvia ranks 101st of 171 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.