Hungary vs Latvia: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Hungary
- Latvia
How they compare
Latvia currently reports 19,604 constant 2021 international $ against 19,364 constant 2021 international $ in Hungary, a difference of 240 constant 2021 international $.
The two have swapped places 3 times across 31 shared years of data; in 1995 it was Hungary ahead.
Hungary ranks 55th and Latvia ranks 54th of 170 countries.
Across the 4 decades both report, Hungary averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | Hungary | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8,520 constant 2021 international $ | 6,408 constant 2021 international $ | 2,112 constant 2021 international $ | Hungary |
| 2000s | 11,703 constant 2021 international $ | 10,850 constant 2021 international $ | 852.93 constant 2021 international $ | Hungary |
| 2010s | 12,967 constant 2021 international $ | 15,131 constant 2021 international $ | 2,164 constant 2021 international $ | Latvia |
| 2020s | 17,561 constant 2021 international $ | 18,723 constant 2021 international $ | 1,162 constant 2021 international $ | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure per capita, ppp, Hungary or Latvia?
- Latvia, at 19,604 constant 2021 international $ against 19,364 constant 2021 international $ in Hungary as of 2025.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Hungary and Latvia?
- 240 constant 2021 international $, with Latvia ahead.
- How many years of comparable data are there for Hungary and Latvia?
- 31 years are reported by both, from 1995 to 2025.
- How do Hungary and Latvia rank globally for households and npishs final consumption expenditure per capita, ppp?
- Hungary ranks 55th and Latvia ranks 54th of 170 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.