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Economy > Spending > Gross national expenditure Stats: compare key data on Latvia & United States

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Definitions

  • % of GDP: Gross national expenditure (% of GDP). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).
  • Constant 2000 US$: Gross national expenditure (constant 2000 US$). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2005 U.S. dollars.
  • Constant 2000 US$ per capita: Gross national expenditure (constant 2000 US$). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Constant 2000 US$, % of GDP: Gross national expenditure (constant 2000 US$). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2005 U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Constant LCU: Gross national expenditure (constant LCU). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant local currency.
  • Constant LCU per capita: Gross national expenditure (constant LCU). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant local currency. Figures expressed per capita for the same year.
  • Current LCU: Gross national expenditure (current LCU). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.
  • Current LCU per capita: Gross national expenditure (current LCU). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency. Figures expressed per capita for the same year.
  • Current US$: Gross national expenditure (current US$). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars.
  • Current US$ per capita: Gross national expenditure (current US$). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Current US$, % of GDP: Gross national expenditure (current US$). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
STAT Latvia United States HISTORY
% of GDP 103.19%
Ranked 70th.
103.37%
Ranked 69th. About the same as Latvia

Constant 2000 US$ $15.58 billion
Ranked 87th.
$14.62 trillion
Ranked 1st. 939 times more than Latvia

Constant 2000 US$ per capita $6,956.55
Ranked 50th.
$46,568.82
Ranked 5th. 7 times more than Latvia

Constant 2000 US$, % of GDP 64.75%
Ranked 110th.
93.2%
Ranked 18th. 44% more than Latvia

Constant LCU 6.97 billion
Ranked 136th.
14.62 trillion
Ranked 15th. 2098 times more than Latvia

Constant LCU per capita 3,112.21
Ranked 129th.
46,568.82
Ranked 49th. 15 times more than Latvia

Current LCU 14.82 billion
Ranked 153th.
16.79 trillion
Ranked 23th. 1133 times more than Latvia

Current LCU per capita 7,201.4
Ranked 157th.
53,491.71
Ranked 71st. 7 times more than Latvia

Current US$ $29.57 billion
Ranked 88th.
$16.79 trillion
Ranked 1st. 568 times more than Latvia

Current US$ per capita $14,367.45
Ranked 50th.
$53,491.71
Ranked 6th. 4 times more than Latvia

Current US$, % of GDP 104.06%
Ranked 95th.
107.06%
Ranked 64th. 3% more than Latvia

SOURCES: World Bank national accounts data; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.

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