Latvia vs Malaysia: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Latvia
- Malaysia
How they compare
Latvia currently reports 24,300 current international $ against 24,224 current international $ in Malaysia, a difference of 76 current international $.
The two have swapped places 8 times across 32 shared years of data; in 1994 it was Latvia ahead.
Latvia ranks 45th and Malaysia ranks 47th of 182 countries.
Across the 4 decades both report, Latvia averaged higher in 3 and Malaysia in 1.
Head to head by decade
| Decade | Latvia | Malaysia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3,531 current international $ | 3,401 current international $ | 129.94 current international $ | Latvia |
| 2000s | 6,970 current international $ | 5,842 current international $ | 1,128 current international $ | Latvia |
| 2010s | 12,469 current international $ | 12,471 current international $ | 2.25 current international $ | Malaysia |
| 2020s | 21,023 current international $ | 20,260 current international $ | 762.88 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 Malaysia?
- Latvia, at 24,300 current international $ against 24,224 current international $ in Malaysia as of 2025.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Latvia and Malaysia?
- 76 current international $, with Latvia ahead.
- How many years of comparable data are there for Latvia and Malaysia?
- 32 years are reported by both, from 1994 to 2025.
- How do Latvia and Malaysia rank globally for households and npishs final consumption expenditure per capita, ppp?
- Latvia ranks 45th and Malaysia ranks 47th 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.