Kuwait vs Latvia: Gross national expenditure

Kuwait
40.70 billion current LCU
in 2024
Latvia
45.00 billion current LCU
in 2025
Kuwait rank
153rd
Latvia rank
150th

Gross national expenditure over time

  • Kuwait
  • Latvia
010.0B20.0B30.0B40.0B196519952025

How they compare

Latvia currently reports 45.00 billion current LCU against 40.70 billion current LCU in Kuwait, a difference of 4.29 billion current LCU.

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

The two have swapped places 3 times across 30 shared years of data; in 1995 it was Kuwait ahead.

Kuwait ranks 153rd and Latvia ranks 150th of 185 countries.

Across the 4 decades both report, Kuwait averaged higher in 3 and Latvia in 1.

Head to head by decade

Decade Kuwait Latvia Difference Ahead
1990s 8.10 billion current LCU 5.62 billion current LCU 2.48 billion current LCU Kuwait
2000s 15.15 billion current LCU 15.30 billion current LCU 151.52 million current LCU Latvia
2010s 29.94 billion current LCU 23.95 billion current LCU 5.99 billion current LCU Kuwait
2020s 37.67 billion current LCU 36.46 billion current LCU 1.21 billion current LCU Kuwait

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross national expenditure, Kuwait or Latvia?
Latvia, at 45.00 billion current LCU against 40.70 billion current LCU in Kuwait as of 2025.
What is the difference in gross national expenditure between Kuwait and Latvia?
4.29 billion current LCU, with Latvia ahead.
How many years of comparable data are there for Kuwait and Latvia?
30 years are reported by both, from 1995 to 2024.
How do Kuwait and Latvia rank globally for gross national expenditure?
Kuwait ranks 153rd and Latvia ranks 150th of 185 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (current 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 25 August 2026, from https://economy.statizoid.com/compare/gross-national-expenditure-current-lcu/kuwait/latvia/

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About this data

Indicator
Gross national expenditure (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,556 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.