Economic Outlook No 115 — General government consumption of fixed in Latvia
Latvia: Economic Outlook No 115 — General government consumption of fixed was 1.66 billion in 2025. ▲ Rising
Economic Outlook No 115 — General government consumption of fixed in Latvia, 1995–2025
Source: Organisation for Economic Co-operation and Development.
Analysis
Latvia recorded 1.66 billion for economic outlook no 115 — general government consumption of fixed in 2025. That is the highest value across all 31 years on record.
The figure is up 23.1% on the previous year and up 55.2% over ten years.
Over the whole period, economic outlook no 115 — general government consumption of fixed in Latvia peaked at 1.66 billion in 2025 and was at its lowest, 299.24 million, in 1995.
The long-run direction has been consistently rising across the 31 years of available data.
Economic Outlook No 115 — General government consumption of fixed in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 299.24 million | — |
| 1996 | 316.14 million | +5.6% |
| 1997 | 345.41 million | +9.3% |
| 1998 | 373.02 million | +8.0% |
| 1999 | 386.35 million | +3.6% |
| 2000 | 374.90 million | -3.0% |
| 2001 | 357.43 million | -4.7% |
| 2002 | 353.96 million | -1.0% |
| 2003 | 419.58 million | +18.5% |
| 2004 | 485.99 million | +15.8% |
| 2005 | 569.87 million | +17.3% |
| 2006 | 743.26 million | +30.4% |
| 2007 | 944.14 million | +27.0% |
| 2008 | 1.02 billion | +8.4% |
| 2009 | 724.99 million | -29.2% |
| 2010 | 773.50 million | +6.7% |
| 2011 | 929.29 million | +20.1% |
| 2012 | 1.03 billion | +10.6% |
| 2013 | 1.00 billion | -2.6% |
| 2014 | 1.02 billion | +2.0% |
| 2015 | 1.07 billion | +4.9% |
| 2016 | 1.06 billion | -1.3% |
| 2017 | 1.08 billion | +2.6% |
| 2018 | 1.14 billion | +4.8% |
| 2019 | 1.21 billion | +6.3% |
| 2020 | 1.26 billion | +4.3% |
| 2021 | 1.32 billion | +4.5% |
| 2022 | 1.32 billion | +0.0% |
| 2023 | 1.32 billion | +0.0% |
| 2024 | 1.35 billion | +2.5% |
| 2025 | 1.66 billion | +23.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 344.03 million | 299.24 million | 386.35 million | 5 |
| 2000s | 599.74 million | 353.96 million | 1.02 billion | 10 |
| 2010s | 1.03 billion | 773.50 million | 1.21 billion | 10 |
| 2020s | 1.37 billion | 1.26 billion | 1.66 billion | 6 |
Countries ranked near Latvia
- 3 Netherlands 33.76 billion compare
- 3 Croatia 2.76 billion compare
- 3 Hungary 4.20 trillion compare
- 4 Slovenia 2.03 billion compare
- 4 United States of America 851.89 billion compare
- 5 Lithuania 1.81 billion compare
- 5 Czechia 303.16 billion compare
- 6 Sweden 232.44 billion compare
- 7 Estonia 1.44 billion compare
- 7 Norway 194.17 billion compare
- 8 Germany 120.18 billion compare
- 9 Iceland 110.27 billion compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is economic outlook no 115 — general government consumption of fixed in Latvia?
- Economic outlook no 115 — general government consumption of fixed in Latvia was 1.66 billion in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 115 — general government consumption of fixed recorded in Latvia?
- The highest recorded value was 1.66 billion in 2025.
- What is the lowest economic outlook no 115 — general government consumption of fixed recorded in Latvia?
- The lowest recorded value was 299.24 million in 1995.
- How does Latvia rank for economic outlook no 115 — general government consumption of fixed?
- Latvia ranks 6th out of 7 countries with data for 2025.
- Is economic outlook no 115 — general government consumption of fixed rising or falling in Latvia?
- Over the last ten years it is up 55.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 115 — General government consumption of fixed capital. Statizoid updates them automatically from the source API.
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About this data
May 2024 - The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP