Eritrea vs Latvia: Final consumption expenditure
Final consumption expenditure over time
- Eritrea
- Latvia
How they compare
Eritrea currently reports 39.62 billion current LCU against 34.65 billion current LCU in Latvia, a difference of 4.97 billion current LCU.
That makes Eritrea's figure about 1.1 times Latvia's.
Across all 17 years both countries report, Eritrea has been ahead every year.
Eritrea ranks 151st and Latvia ranks 154th of 188 countries.
Eritrea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Eritrea | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.35 billion current LCU | 4.52 billion current LCU | 1.83 billion current LCU | Eritrea |
| 2000s | 18.81 billion current LCU | 10.66 billion current LCU | 8.15 billion current LCU | Eritrea |
| 2010s | 37.59 billion current LCU | 14.78 billion current LCU | 22.81 billion current LCU | Eritrea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Eritrea or Latvia?
- Eritrea, at 39.62 billion current LCU against 34.65 billion current LCU in Latvia as of 2011.
- What is the difference in final consumption expenditure between Eritrea and Latvia?
- 4.97 billion current LCU, with Eritrea ahead.
- How many years of comparable data are there for Eritrea and Latvia?
- 17 years are reported by both, from 1995 to 2011.
- How do Eritrea and Latvia rank globally for final consumption expenditure?
- Eritrea ranks 151st and Latvia ranks 154th of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.