Latvia vs Paraguay: Gross national expenditure

Latvia
50.84 billion current US$
in 2025
Paraguay
50.32 billion current US$
in 2025
Latvia rank
93rd
Paraguay rank
94th

Gross national expenditure over time

  • Latvia
  • Paraguay
020.0B40.0B60.0B196219932025

How they compare

Latvia currently reports 50.84 billion current US$ against 50.32 billion current US$ in Paraguay, a difference of 521.00 million current US$.

The two have swapped places 5 times across 31 shared years of data; in 1995 it was Paraguay ahead.

Latvia ranks 93rd and Paraguay ranks 94th of 185 countries.

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

Head to head by decade

Decade Latvia Paraguay Difference Ahead
1990s 7.01 billion current US$ 8.93 billion current US$ 1.92 billion current US$ Paraguay
2000s 20.03 billion current US$ 12.05 billion current US$ 7.98 billion current US$ Latvia
2010s 29.22 billion current US$ 35.21 billion current US$ 5.99 billion current US$ Paraguay
2020s 42.01 billion current US$ 42.60 billion current US$ 596.92 million current US$ Paraguay

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross national expenditure, Latvia or Paraguay?
Latvia, at 50.84 billion current US$ against 50.32 billion current US$ in Paraguay as of 2025.
What is the difference in gross national expenditure between Latvia and Paraguay?
521.00 million current US$, with Latvia ahead.
How many years of comparable data are there for Latvia and Paraguay?
31 years are reported by both, from 1995 to 2025.
How do Latvia and Paraguay rank globally for gross national expenditure?
Latvia ranks 93rd and Paraguay ranks 94th of 185 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Paraguay: 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-current-us/latvia/paraguay/

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About this data

Indicator
Gross national expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
228 places, 10,837 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 indicator is expressed in United States dollars.