Economic Outlook No 117 — General government consumption of fixed in Latvia
Latvia: Economic Outlook No 117 — General government consumption of fixed was 1.71 billion in 2026. ◆ Volatile
Economic Outlook No 117 — General government consumption of fixed in Latvia, 1995–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
The most recent figure for economic outlook no 117 — general government consumption of fixed in Latvia is 1.71 billion, measured in 2026. That is the highest value across all 32 years on record.
The figure is up 5.9% on the previous year and up 79.4% over ten years.
Over the whole period, economic outlook no 117 — general government consumption of fixed in Latvia peaked at 1.71 billion in 2026 and was at its lowest, 225.09 million, in 1995.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — General government consumption of fixed in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 225.09 million | — |
| 1996 | 246.83 million | +9.7% |
| 1997 | 269.18 million | +9.1% |
| 1998 | 291.59 million | +8.3% |
| 1999 | 298.31 million | +2.3% |
| 2000 | 291.41 million | -2.3% |
| 2001 | 286.19 million | -1.8% |
| 2002 | 286.06 million | -0.0% |
| 2003 | 305.34 million | +6.7% |
| 2004 | 343.98 million | +12.7% |
| 2005 | 420.94 million | +22.4% |
| 2006 | 544.52 million | +29.4% |
| 2007 | 715.09 million | +31.3% |
| 2008 | 817.58 million | +14.3% |
| 2009 | 721.99 million | -11.7% |
| 2010 | 736.44 million | +2.0% |
| 2011 | 789.26 million | +7.2% |
| 2012 | 860.93 million | +9.1% |
| 2013 | 901.47 million | +4.7% |
| 2014 | 935.44 million | +3.8% |
| 2015 | 951.10 million | +1.7% |
| 2016 | 955.67 million | +0.5% |
| 2017 | 990.28 million | +3.6% |
| 2018 | 1.05 billion | +5.8% |
| 2019 | 1.11 billion | +6.0% |
| 2020 | 1.28 billion | +14.9% |
| 2021 | 1.34 billion | +5.3% |
| 2022 | 1.48 billion | +10.4% |
| 2023 | 1.48 billion | +0.0% |
| 2024 | 1.48 billion | +0.0% |
| 2025 | 1.62 billion | +9.1% |
| 2026 | 1.71 billion | +5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 266.20 million | 225.09 million | 298.31 million | 5 |
| 2000s | 473.31 million | 286.06 million | 817.58 million | 10 |
| 2010s | 927.90 million | 736.44 million | 1.11 billion | 10 |
| 2020s | 1.49 billion | 1.28 billion | 1.71 billion | 7 |
Countries ranked near Latvia
- 3 United States of America 882.14 billion compare
- 3 Croatia 3.24 billion compare
- 3 Netherlands 35.64 billion compare
- 4 Czechia 323.61 billion compare
- 4 Lithuania 2.32 billion compare
- 5 Sweden 251.28 billion compare
- 5 Slovenia 2.09 billion compare
- 6 Norway 210.93 billion compare
- 7 Estonia 1.44 billion compare
- 7 Germany 127.48 billion compare
- 8 Iceland 115.09 billion compare
- 9 France 111.91 billion compare
More economy & growth data for Latvia
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- 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)
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- 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 117 — general government consumption of fixed in Latvia?
- Economic outlook no 117 — general government consumption of fixed in Latvia was 1.71 billion in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — general government consumption of fixed recorded in Latvia?
- The highest recorded value was 1.71 billion in 2026.
- What is the lowest economic outlook no 117 — general government consumption of fixed recorded in Latvia?
- The lowest recorded value was 225.09 million in 1995.
- How does Latvia rank for economic outlook no 117 — general government consumption of fixed?
- Latvia ranks 6th out of 7 countries with data for 2026.
- Is economic outlook no 117 — general government consumption of fixed rising or falling in Latvia?
- Over the last ten years it is up 79.4%. The long-run trend across the full record is volatile.
- 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 117 — General government consumption of fixed capital. Statizoid updates them automatically from the source API.
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About this data
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 (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 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