Latvia vs Venezuela, Bolivarian Republic of: Gross national expenditure

Latvia
35.22 billion constant 2015 US$
in 2025
Venezuela, Bolivarian Republic of
30.69 billion constant 2015 US$
in 2025
Latvia rank
93rd
Venezuela, Bolivarian Republic of rank
96th

Gross national expenditure over time

  • Latvia
  • Venezuela, Bolivarian Republic of
025.0B50.0B75.0B100.0B125.0B196119932025

How they compare

Latvia currently reports 35.22 billion constant 2015 US$ against 30.69 billion constant 2015 US$ in Venezuela, Bolivarian Republic of, a difference of 4.52 billion constant 2015 US$.

That makes Latvia's figure about 1.1 times Venezuela, Bolivarian Republic of's.

The two have swapped places 1 time across 31 shared years of data; in 1995 it was Venezuela, Bolivarian Republic of ahead.

Latvia ranks 93rd and Venezuela, Bolivarian Republic of ranks 96th of 163 countries.

Across the 4 decades both report, Latvia averaged higher in 1 and Venezuela, Bolivarian Republic of in 3.

Head to head by decade

Decade Latvia Venezuela, Bolivarian Republic of Difference Ahead
1990s 13.91 billion constant 2015 US$ 55.97 billion constant 2015 US$ 42.06 billion constant 2015 US$ Venezuela, Bolivarian Republic of
2000s 23.84 billion constant 2015 US$ 78.82 billion constant 2015 US$ 54.98 billion constant 2015 US$ Venezuela, Bolivarian Republic of
2010s 26.89 billion constant 2015 US$ 88.88 billion constant 2015 US$ 61.99 billion constant 2015 US$ Venezuela, Bolivarian Republic of
2020s 33.02 billion constant 2015 US$ 28.39 billion constant 2015 US$ 4.64 billion constant 2015 US$ Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross national expenditure, Latvia or Venezuela, Bolivarian Republic of?
Latvia, at 35.22 billion constant 2015 US$ against 30.69 billion constant 2015 US$ in Venezuela, Bolivarian Republic of as of 2025.
What is the difference in gross national expenditure between Latvia and Venezuela, Bolivarian Republic of?
4.52 billion constant 2015 US$, with Latvia ahead.
How many years of comparable data are there for Latvia and Venezuela, Bolivarian Republic of?
31 years are reported by both, from 1995 to 2025.
How do Latvia and Venezuela, Bolivarian Republic of rank globally for gross national expenditure?
Latvia ranks 93rd and Venezuela, Bolivarian Republic of ranks 96th of 163 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Venezuela, Bolivarian Republic of: Gross national expenditure. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/gross-national-expenditure-constant-2015-us/latvia/venezuela-rb/

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About this data

Indicator
Gross national expenditure (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 8,409 data points, 1960–2025
Last refreshed

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.