Guatemala vs Latvia: General government final consumption expenditure

Guatemala
14.13 billion current US$
in 2025
Latvia
11.14 billion current US$
in 2025
Guatemala rank
78th
Latvia rank
81st

General government final consumption expenditure over time

  • Guatemala
  • Latvia
05.0B10.0B15.0B196019922025

How they compare

Guatemala currently reports 14.13 billion current US$ against 11.14 billion current US$ in Latvia, a difference of 2.99 billion current US$.

That makes Guatemala's figure about 1.3 times Latvia's.

The two have swapped places 3 times across 31 shared years of data; in 1995 it was Latvia ahead.

Guatemala ranks 78th and Latvia ranks 81st of 186 countries.

Across the 4 decades both report, Guatemala averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade Guatemala Latvia Difference Ahead
1990s 950.41 million current US$ 1.38 billion current US$ 425.14 million current US$ Latvia
2000s 2.46 billion current US$ 3.34 billion current US$ 875.12 million current US$ Latvia
2010s 6.50 billion current US$ 5.21 billion current US$ 1.28 billion current US$ Guatemala
2020s 11.30 billion current US$ 8.81 billion current US$ 2.49 billion current US$ Guatemala

Averages of every year both report within each decade.

Frequently asked questions

Which has higher general government final consumption expenditure, Guatemala or Latvia?
Guatemala, at 14.13 billion current US$ against 11.14 billion current US$ in Latvia as of 2025.
What is the difference in general government final consumption expenditure between Guatemala and Latvia?
2.99 billion current US$, with Guatemala ahead.
How many years of comparable data are there for Guatemala and Latvia?
31 years are reported by both, from 1995 to 2025.
How do Guatemala and Latvia rank globally for general government final consumption expenditure?
Guatemala ranks 78th and Latvia ranks 81st of 186 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Guatemala vs Latvia: General government final consumption expenditure. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 27 August 2026, from https://economy.statizoid.com/compare/general-government-final-consumption-expenditure-current-us/guatemala/latvia/

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About this data

Indicator
General government final consumption expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
229 places, 11,047 data points, 1960–2025
Last refreshed

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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.