Latvia vs Panama: General government final consumption expenditure
General government final consumption expenditure over time
- Latvia
- Panama
How they compare
Latvia currently reports 11.14 billion current US$ against 10.73 billion current US$ in Panama, a difference of 404.10 million current US$.
The two have swapped places 4 times across 30 shared years of data; in 1995 it was Panama ahead.
Latvia ranks 81st and Panama ranks 83rd of 186 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Panama in 2.
Head to head by decade
| Decade | Latvia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.38 billion current US$ | 1.37 billion current US$ | 9.58 million current US$ | Latvia |
| 2000s | 3.34 billion current US$ | 2.32 billion current US$ | 1.02 billion current US$ | Latvia |
| 2010s | 5.21 billion current US$ | 5.58 billion current US$ | 368.20 million current US$ | Panama |
| 2020s | 8.35 billion current US$ | 9.69 billion current US$ | 1.34 billion current US$ | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Latvia or Panama?
- Latvia, at 11.14 billion current US$ against 10.73 billion current US$ in Panama as of 2025.
- What is the difference in general government final consumption expenditure between Latvia and Panama?
- 404.10 million current US$, with Latvia ahead.
- How many years of comparable data are there for Latvia and Panama?
- 30 years are reported by both, from 1995 to 2024.
- How do Latvia and Panama rank globally for general government final consumption expenditure?
- Latvia ranks 81st and Panama ranks 83rd of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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. 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.