Armenia vs Latvia: Final consumption expenditure
Final consumption expenditure over time
- Armenia
- Latvia
How they compare
Armenia currently reports 81.3% against 80.5% in Latvia, a difference of 0.8%.
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 | 112.7% | 88.1% | 24.6% | Armenia |
| 2000s | 95.8% | 80.1% | 15.7% | Armenia |
| 2010s | 95.2% | 78.1% | 17.1% | Armenia |
| 2020s | 82.1% | 78.9% | 3.1% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Armenia or Latvia?
- Armenia, at 81.3% against 80.5% in Latvia as of 2025.
- What is the difference in final consumption expenditure between Armenia and Latvia?
- 0.8%, 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?
- Armenia ranks 83rd and Latvia ranks 85th of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.