Kuwait vs Latvia: Final consumption expenditure
Final consumption expenditure over time
- Kuwait
- Latvia
How they compare
Latvia currently reports 34.65 billion current LCU against 33.25 billion current LCU in Kuwait, a difference of 1.40 billion current LCU.
The two have swapped places 2 times across 30 shared years of data; in 1995 it was Kuwait ahead.
Kuwait ranks 155th and Latvia ranks 154th of 188 countries.
Kuwait has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Kuwait | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.77 billion current LCU | 4.52 billion current LCU | 2.25 billion current LCU | Kuwait |
| 2000s | 11.35 billion current LCU | 10.66 billion current LCU | 686.79 million current LCU | Kuwait |
| 2010s | 21.76 billion current LCU | 18.29 billion current LCU | 3.47 billion current LCU | Kuwait |
| 2020s | 29.95 billion current LCU | 28.02 billion current LCU | 1.93 billion current LCU | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Kuwait or Latvia?
- Latvia, at 34.65 billion current LCU against 33.25 billion current LCU in Kuwait as of 2025.
- What is the difference in final consumption expenditure between Kuwait and Latvia?
- 1.40 billion current LCU, with Latvia ahead.
- How many years of comparable data are there for Kuwait and Latvia?
- 30 years are reported by both, from 1995 to 2024.
- How do Kuwait and Latvia rank globally for final consumption expenditure?
- Kuwait ranks 155th 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.