Cyprus vs Latvia: Final consumption expenditure
Final consumption expenditure over time
- Cyprus
- Latvia
How they compare
Latvia currently reports 25.33 billion constant LCU against 23.22 billion constant LCU in Cyprus, a difference of 2.11 billion constant LCU.
That makes Latvia's figure about 1.1 times Cyprus's.
Across all 31 years both countries report, Latvia has been ahead every year.
Cyprus ranks 148th and Latvia ranks 146th of 176 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Cyprus | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 9.33 billion constant LCU | 11.58 billion constant LCU | 2.25 billion constant LCU | Latvia |
| 2000s | 13.70 billion constant LCU | 17.06 billion constant LCU | 3.35 billion constant LCU | Latvia |
| 2010s | 16.42 billion constant LCU | 20.40 billion constant LCU | 3.98 billion constant LCU | Latvia |
| 2020s | 20.93 billion constant LCU | 24.29 billion constant LCU | 3.36 billion constant LCU | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Cyprus or Latvia?
- Latvia, at 25.33 billion constant LCU against 23.22 billion constant LCU in Cyprus as of 2025.
- What is the difference in final consumption expenditure between Cyprus and Latvia?
- 2.11 billion constant LCU, with Latvia ahead.
- How many years of comparable data are there for Cyprus and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Cyprus and Latvia rank globally for final consumption expenditure?
- Cyprus ranks 148th and Latvia ranks 146th of 176 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (constant LCU). 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 varies by country. This series is expressed in local currency units.