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.
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 167th out of 185 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 | Value | 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% |
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
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ 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 167th out of 185 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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