Armenia vs Latvia: Final consumption expenditure (current US$), per unit of GDP

Armenia
0.813 current US$ per US$ of GDP
in 2025
Latvia
0.8052 current US$ per US$ of GDP
in 2025
Armenia rank
83rd
Latvia rank
85th

Final consumption expenditure (current US$), per unit of GDP over time

  • Armenia
  • Latvia
00.250.50.7511.2199020072025

How they compare

Armenia currently reports 0.813 current US$ per US$ of GDP against 0.8052 current US$ per US$ of GDP in Latvia, a difference of 0.0078 current US$ per US$ of GDP.

The two have swapped places 2 times across 31 shared years of data; in 1995 it was Armenia ahead.

Armenia ranks 83rd and Latvia ranks 85th of 188 countries.

Armenia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Armenia Latvia Difference Ahead
1990s 1.13 current US$ per US$ of GDP 0.8807 current US$ per US$ of GDP 0.2458 current US$ per US$ of GDP Armenia
2000s 0.9584 current US$ per US$ of GDP 0.8011 current US$ per US$ of GDP 0.1572 current US$ per US$ of GDP Armenia
2010s 0.9517 current US$ per US$ of GDP 0.7809 current US$ per US$ of GDP 0.1708 current US$ per US$ of GDP Armenia
2020s 0.8208 current US$ per US$ of GDP 0.7895 current US$ per US$ of GDP 0.0313 current US$ per US$ of GDP Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher final consumption expenditure (current us$), per unit of gdp, Armenia or Latvia?
Armenia, at 0.813 current US$ per US$ of GDP against 0.8052 current US$ per US$ of GDP in Latvia as of 2025.
What is the difference in final consumption expenditure (current us$), per unit of gdp between Armenia and Latvia?
0.0078 current US$ per US$ of GDP, with Armenia ahead.
How many years of comparable data are there for Armenia and Latvia?
31 years are reported by both, from 1995 to 2025.
How do Armenia and Latvia rank globally for final consumption expenditure (current us$), per unit of gdp?
Armenia ranks 83rd and Latvia ranks 85th of 188 countries.
Where does this data come from?
Statizoid (derived), published as Final consumption expenditure (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Latvia: Final consumption expenditure (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/final-consumption-expenditure-current-us-per-unit-of-gdp/armenia/latvia/

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About this data

Indicator
Final consumption expenditure (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,115 data points, 1960–2025
Last refreshed

Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.