Kuwait vs Latvia: Goods and services expense
Goods and services expense over time
- Kuwait
- Latvia
How they compare
Kuwait currently reports 1.58 billion current LCU against 1.47 billion current LCU in Latvia, a difference of 112.28 million current LCU.
That makes Kuwait's figure about 1.1 times Latvia's.
Across all 11 years both countries report, Kuwait has been ahead every year.
Kuwait ranks 128th and Latvia ranks 129th of 155 countries.
Kuwait has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kuwait | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.13 billion current LCU | 203.04 million current LCU | 927.56 million current LCU | Kuwait |
| 2000s | 1.36 billion current LCU | 525.37 million current LCU | 830.30 million current LCU | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Kuwait or Latvia?
- Kuwait, at 1.58 billion current LCU against 1.47 billion current LCU in Latvia as of 2006.
- What is the difference in goods and services expense between Kuwait and Latvia?
- 112.28 million current LCU, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Latvia?
- 11 years are reported by both, from 1994 to 2006.
- How do Kuwait and Latvia rank globally for goods and services expense?
- Kuwait ranks 128th and Latvia ranks 129th of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.