Latvia vs Panama: General government final consumption expenditure

Latvia
11.14 billion current US$
in 2025
Panama
10.73 billion current US$
in 2024
Latvia rank
81st
Panama rank
83rd

General government final consumption expenditure over time

  • Latvia
  • Panama
02.5B5.0B7.5B10.0B196019922025

How they compare

Latvia currently reports 11.14 billion current US$ against 10.73 billion current US$ in Panama, a difference of 404.10 million current US$.

The two have swapped places 4 times across 30 shared years of data; in 1995 it was Panama ahead.

Globally, Latvia ranks 81st and Panama ranks 83rd of 186 countries.

Individual pages

About this data

Indicator
General government final consumption expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
229 places, 11,047 data points, 1960–2025
Last refreshed

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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.