Latvia vs Venezuela: Gross national expenditure (constant 2015 US$)
Gross national expenditure (constant 2015 US$) over time
- Latvia
- Venezuela
How they compare
Latvia currently reports 35.22 billion constant 2015 US$ against 30.69 billion constant 2015 US$ in Venezuela, a difference of 4.52 billion constant 2015 US$.
That makes Latvia's figure about 1.1 times Venezuela's.
The two have swapped places 1 time across 31 shared years of data; in 1995 it was Venezuela ahead.
Latvia ranks 93rd and Venezuela ranks 96th of 163 countries.
Across the 4 decades both report, Latvia averaged higher in 1 and Venezuela in 3.
Head to head by decade
| Decade | Latvia | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 13.91 billion constant 2015 US$ | 55.97 billion constant 2015 US$ | 42.06 billion constant 2015 US$ | Venezuela |
| 2000s | 23.84 billion constant 2015 US$ | 78.82 billion constant 2015 US$ | 54.98 billion constant 2015 US$ | Venezuela |
| 2010s | 26.89 billion constant 2015 US$ | 88.88 billion constant 2015 US$ | 61.99 billion constant 2015 US$ | Venezuela |
| 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?
- Latvia, at 35.22 billion constant 2015 US$ against 30.69 billion constant 2015 US$ in Venezuela as of 2025.
- What is the difference in gross national expenditure between Latvia and Venezuela?
- 4.52 billion constant 2015 US$, with Latvia ahead.
- How many years of comparable data are there for Latvia and Venezuela?
- 31 years are reported by both, from 1995 to 2025.
- How do Latvia and Venezuela rank globally for gross national expenditure?
- Latvia ranks 93rd and Venezuela ranks 96th of 163 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.