Cyprus vs Latvia: Final consumption expenditure
Final consumption expenditure over time
- Cyprus
- Latvia
How they compare
Latvia currently reports 25.33 billion constant LCU against 23.22 billion constant LCU in Cyprus, a difference of 2.11 billion constant LCU.
That makes Latvia's figure about 1.1 times Cyprus's.
Across all 31 years both countries report, Latvia has been ahead every year.
Globally, Cyprus ranks 148th and Latvia ranks 146th of 176 countries.
Individual pages
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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 varies by country. This series is expressed in local currency units.