Iceland vs Latvia: General government final consumption expenditure (current US$)
Iceland
16.88 % change on previous year
in 2025
Latvia
16.59 % change on previous year
in 2025
Iceland rank
31st
Latvia rank
33rd
General government final consumption expenditure (current US$) over time
- Iceland
- Latvia
How they compare
Iceland currently reports 16.88 % change on previous year against 16.59 % change on previous year in Latvia, a difference of 0.29 % change on previous year.
The two have swapped places 14 times across 30 shared years of data; in 1996 it was Iceland ahead.
Iceland ranks 31st and Latvia ranks 33rd of 185 countries.
Across the 4 decades both report, Iceland averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.84 % change on previous year | 6.37 % change on previous year | 1.52 % change on previous year | Latvia |
| 2000s | 6.41 % change on previous year | 13.9 % change on previous year | 7.49 % change on previous year | Latvia |
| 2010s | 6.44 % change on previous year | 2.99 % change on previous year | 3.45 % change on previous year | Iceland |
| 2020s | 8.58 % change on previous year | 9.85 % change on previous year | 1.27 % change on previous year | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure (current us$), Iceland or Latvia?
- Iceland, at 16.88 % change on previous year against 16.59 % change on previous year in Latvia as of 2025.
- What is the difference in general government final consumption expenditure (current us$) between Iceland and Latvia?
- 0.29 % change on previous year, with Iceland ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 30 years are reported by both, from 1996 to 2025.
- How do Iceland and Latvia rank globally for general government final consumption expenditure (current us$)?
- Iceland ranks 31st and Latvia ranks 33rd of 185 countries.
- Where does this data come from?
- Statizoid (derived), published as General government final consumption expenditure (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in General government final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.