Economic Outlook No 117 — Government final consumption expenditure in Latvia
Latvia: Economic Outlook No 117 — Government final consumption expenditure was 8.15 billion in 2026. ▲ Rising
Economic Outlook No 117 — Government final consumption expenditure in Latvia, 1995–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2026, economic outlook no 117 — government final consumption expenditure in Latvia stood at 8.15 billion. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 54.5% over ten years.
Over the whole period, economic outlook no 117 — government final consumption expenditure in Latvia peaked at 8.15 billion in 2026 and was at its lowest, 3.78 billion, in 1996.
The long-run direction has been consistently rising across the 32 years of available data.
Economic Outlook No 117 — Government final consumption expenditure in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 4.00 billion | — |
| 1996 | 3.78 billion | -5.6% |
| 1997 | 3.82 billion | +1.2% |
| 1998 | 4.31 billion | +12.9% |
| 1999 | 4.34 billion | +0.7% |
| 2000 | 4.20 billion | -3.3% |
| 2001 | 4.42 billion | +5.2% |
| 2002 | 4.61 billion | +4.4% |
| 2003 | 4.82 billion | +4.4% |
| 2004 | 4.95 billion | +2.7% |
| 2005 | 5.01 billion | +1.3% |
| 2006 | 5.35 billion | +6.7% |
| 2007 | 5.56 billion | +4.0% |
| 2008 | 5.72 billion | +2.9% |
| 2009 | 5.11 billion | -10.6% |
| 2010 | 4.70 billion | -8.2% |
| 2011 | 4.78 billion | +1.7% |
| 2012 | 4.77 billion | -0.2% |
| 2013 | 4.86 billion | +2.0% |
| 2014 | 5.06 billion | +4.0% |
| 2015 | 5.15 billion | +1.8% |
| 2016 | 5.28 billion | +2.5% |
| 2017 | 5.48 billion | +3.8% |
| 2018 | 5.58 billion | +1.9% |
| 2019 | 5.90 billion | +5.6% |
| 2020 | 6.13 billion | +3.9% |
| 2021 | 6.35 billion | +3.7% |
| 2022 | 6.51 billion | +2.4% |
| 2023 | 6.96 billion | +7.0% |
| 2024 | 7.49 billion | +7.6% |
| 2025 | 7.83 billion | +4.5% |
| 2026 | 8.15 billion | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.05 billion | 3.78 billion | 4.34 billion | 5 |
| 2000s | 4.97 billion | 4.20 billion | 5.72 billion | 10 |
| 2010s | 5.15 billion | 4.70 billion | 5.90 billion | 10 |
| 2020s | 7.06 billion | 6.13 billion | 8.15 billion | 7 |
Countries ranked near Latvia
- 4 Chile 36.79 trillion compare
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More economy & growth data for Latvia
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- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
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- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is economic outlook no 117 — government final consumption expenditure in Latvia?
- Economic outlook no 117 — government final consumption expenditure in Latvia was 8.15 billion in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — government final consumption expenditure recorded in Latvia?
- The highest recorded value was 8.15 billion in 2026.
- What is the lowest economic outlook no 117 — government final consumption expenditure recorded in Latvia?
- The lowest recorded value was 3.78 billion in 1996.
- How does Latvia rank for economic outlook no 117 — government final consumption expenditure?
- Latvia ranks 7th out of 8 countries with data for 2026.
- Is economic outlook no 117 — government final consumption expenditure rising or falling in Latvia?
- Over the last ten years it is up 54.5%. 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 117 — Government final consumption expenditure, volume. 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