Annual growth of households and NPISHs final consumption expenditure in Latvia
Latvia: Annual growth of households and NPISHs final consumption expenditure was -1.3% in 2023. ◆ Volatile
Annual growth of households and NPISHs final consumption expenditure in Latvia, 2000–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Latvia recorded -1.3% for annual growth of households and npishs final consumption expenditure in 2023.
The figure is down 118.1% on the previous year and down 120.0% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Latvia peaked at 18.4% in 2006 and was at its lowest, -15.7%, in 2009.
That places Latvia 168th out of 186 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of households and NPISHs final consumption expenditure in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 2.1% | — |
| 2001 | 5.1% | +140.4% |
| 2002 | 6.2% | +20.1% |
| 2003 | 8.1% | +31.2% |
| 2004 | 10.2% | +26.7% |
| 2005 | 10.4% | +1.4% |
| 2006 | 18.4% | +77.7% |
| 2007 | 11.3% | -38.8% |
| 2008 | -8.3% | -173.2% |
| 2009 | -15.7% | +90.0% |
| 2010 | 2.1% | -113.4% |
| 2011 | -0.1% | -103.2% |
| 2012 | 5.6% | -8346.9% |
| 2013 | 6.5% | +15.4% |
| 2014 | 0.7% | -88.8% |
| 2015 | 2.2% | +207.6% |
| 2016 | 3.5% | +55.6% |
| 2017 | 2.9% | -16.2% |
| 2018 | 3.0% | +3.5% |
| 2019 | 0.0% | -99.3% |
| 2020 | -4.3% | -20248.3% |
| 2021 | 7.3% | -268.6% |
| 2022 | 7.2% | -1.0% |
| 2023 | -1.3% | -118.1% |
Latvia compared with similar countries
- Latvia's -1.3% is below the median for high income countries, which is 1.7%. (59 countries reporting)
- Latvia's -1.3% is below the median for Europe & Central Asia, which is 2.2%. (49 countries reporting)
Biggest year-on-year movements
Years where Annual growth of households and NPISHs final consumption expenditure in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -20248.3% | 0.0% | -4.3% |
| 2012 | +8346.9% | -0.1% | 5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.8% | -15.7% | 18.4% | 10 |
| 2010s | 2.7% | -0.1% | 6.5% | 10 |
| 2020s | 2.2% | -4.3% | 7.3% | 4 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Latvia?
- Annual growth of households and npishs final consumption expenditure in Latvia was -1.3% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Latvia?
- The highest recorded value was 18.4% in 2006.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Latvia?
- The lowest recorded value was -15.7% in 2009.
- How does Latvia rank for annual growth of households and npishs final consumption expenditure?
- Latvia ranks 168th out of 186 countries with data for 2023.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Latvia?
- Over the last ten years it is down 120.0%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
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