Latvia vs Seychelles: Final consumption expenditure
Final consumption expenditure over time
- Latvia
- Seychelles
How they compare
Seychelles currently reports 27.51 billion constant LCU against 25.33 billion constant LCU in Latvia, a difference of 2.17 billion constant LCU.
That makes Seychelles's figure about 1.1 times Latvia's.
The two have swapped places 3 times across 31 shared years of data; in 1995 it was Latvia ahead.
Globally, Latvia ranks 146th and Seychelles ranks 145th of 176 countries.
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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.