Latvia vs Nepal: Final consumption expenditure
Final consumption expenditure over time
- Latvia
- Nepal
How they compare
Nepal currently reports 42.36 billion current US$ against 39.15 billion current US$ in Latvia, a difference of 3.21 billion current US$.
That makes Nepal's figure about 1.1 times Latvia's.
The two have swapped places 1 time across 31 shared years of data; in 1995 it was Latvia ahead.
Latvia ranks 94th and Nepal ranks 92nd of 188 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Nepal in 2.
Head to head by decade
| Decade | Latvia | Nepal | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.64 billion current US$ | 4.07 billion current US$ | 1.57 billion current US$ | Latvia |
| 2000s | 13.92 billion current US$ | 7.53 billion current US$ | 6.39 billion current US$ | Latvia |
| 2010s | 22.29 billion current US$ | 22.34 billion current US$ | 47.63 million current US$ | Nepal |
| 2020s | 32.29 billion current US$ | 37.57 billion current US$ | 5.28 billion current US$ | Nepal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Latvia or Nepal?
- Nepal, at 42.36 billion current US$ against 39.15 billion current US$ in Latvia as of 2025.
- What is the difference in final consumption expenditure between Latvia and Nepal?
- 3.21 billion current US$, with Nepal ahead.
- How many years of comparable data are there for Latvia and Nepal?
- 31 years are reported by both, from 1995 to 2025.
- How do Latvia and Nepal rank globally for final consumption expenditure?
- Latvia ranks 94th and Nepal ranks 92nd of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Final consumption expenditure (current US$). 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 indicator is expressed in United States dollars.