Latvia vs Low income: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Latvia
- Low income
How they compare
Latvia currently reports 24,300 current international $ against 2,030 current international $ in Low income, a difference of 22,270 current international $.
That makes Latvia's figure about 12.0 times Low income's.
Across all 32 years both countries report, Latvia has been ahead every year.
Latvia ranks 45th and Low income ranks 43rd of 182 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Low income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3,531 current international $ | 525.56 current international $ | 3,005 current international $ | Latvia |
| 2000s | 6,970 current international $ | 741.43 current international $ | 6,229 current international $ | Latvia |
| 2010s | 12,469 current international $ | 1,209 current international $ | 11,260 current international $ | Latvia |
| 2020s | 21,023 current international $ | 1,695 current international $ | 19,328 current 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, Latvia or Low income?
- Latvia, at 24,300 current international $ against 2,030 current international $ in Low income as of 2025.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Latvia and Low income?
- 22,270 current international $, with Latvia ahead.
- How many years of comparable data are there for Latvia and Low income?
- 32 years are reported by both, from 1994 to 2025.
- How do Latvia and Low income rank globally for households and npishs final consumption expenditure per capita, ppp?
- Latvia ranks 45th and Low income ranks 43rd of 182 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 (current 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 current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.