Kuwait vs Latvia: Gross national expenditure

Kuwait
29.83 billion constant LCU
in 2024
Latvia
33.86 billion constant LCU
in 2025
Kuwait rank
141st
Latvia rank
138th

Gross national expenditure over time

  • Kuwait
  • Latvia
010.0B20.0B30.0B199520102025

How they compare

Latvia currently reports 33.86 billion constant LCU against 29.83 billion constant LCU in Kuwait, a difference of 4.03 billion constant LCU.

That makes Latvia's figure about 1.1 times Kuwait's.

The two have swapped places 2 times across 15 shared years of data; in 2010 it was Latvia ahead.

Kuwait ranks 141st and Latvia ranks 138th of 168 countries.

Across the 2 decades both report, Kuwait averaged higher in 1 and Latvia in 1.

Head to head by decade

Decade Kuwait Latvia Difference Ahead
2010s 26.25 billion constant LCU 26.04 billion constant LCU 209.93 million constant LCU Kuwait
2020s 28.80 billion constant LCU 31.44 billion constant LCU 2.64 billion constant LCU Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross national expenditure, Kuwait or Latvia?
Latvia, at 33.86 billion constant LCU against 29.83 billion constant LCU in Kuwait as of 2025.
What is the difference in gross national expenditure between Kuwait and Latvia?
4.03 billion constant LCU, with Latvia ahead.
How many years of comparable data are there for Kuwait and Latvia?
15 years are reported by both, from 2010 to 2024.
How do Kuwait and Latvia rank globally for gross national expenditure?
Kuwait ranks 141st and Latvia ranks 138th of 168 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Kuwait vs Latvia: Gross national expenditure. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 28 August 2026, from https://economy.statizoid.com/compare/gross-national-expenditure-constant-lcu/kuwait/latvia/

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About this data

Indicator
Gross national expenditure (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 7,001 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 varies by country. This series is expressed in local currency units.