Economic Outlook No 117 — Private final consumption expenditure in Latvia
Latvia: Economic Outlook No 117 — Private final consumption expenditure was 1.52 in 2026. ◆ Volatile
Economic Outlook No 117 — Private final consumption expenditure in Latvia, 1996–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
Latvia recorded 1.52 for economic outlook no 117 — private final consumption expenditure in 2026.
That represents a change of up 222.8% on the previous year and down 60.9% over ten years.
Over the whole period, economic outlook no 117 — private final consumption expenditure in Latvia peaked at 19.95 in 2006 and was at its lowest, -18.98, in 2009.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Private final consumption expenditure in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 4.99 | — |
| 1997 | 6.04 | +21.1% |
| 1998 | 0.9814 | -83.7% |
| 1999 | 3.22 | +228.0% |
| 2000 | 2.24 | -30.6% |
| 2001 | 5.16 | +130.9% |
| 2002 | 6.95 | +34.6% |
| 2003 | 7.94 | +14.2% |
| 2004 | 10.38 | +30.7% |
| 2005 | 11.51 | +10.9% |
| 2006 | 19.95 | +73.4% |
| 2007 | 11.82 | -40.7% |
| 2008 | -9.22 | -178.0% |
| 2009 | -18.98 | +105.8% |
| 2010 | 3.76 | -119.8% |
| 2011 | 0.6345 | -83.1% |
| 2012 | 5.9 | +830.4% |
| 2013 | 6.7 | +13.5% |
| 2014 | 0.8963 | -86.6% |
| 2015 | 1.83 | +104.7% |
| 2016 | 3.9 | +112.8% |
| 2017 | 2.81 | -28.1% |
| 2018 | 3.61 | +28.7% |
| 2019 | -0.1145 | -103.2% |
| 2020 | -4.78 | +4075.6% |
| 2021 | 8.05 | -268.4% |
| 2022 | 5.1 | -36.7% |
| 2023 | -1.03 | -120.2% |
| 2024 | 0.5122 | -149.6% |
| 2025 | 0.4725 | -7.8% |
| 2026 | 1.52 | +222.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.81 | 0.9814 | 6.04 | 4 |
| 2000s | 4.77 | -18.98 | 19.95 | 10 |
| 2010s | 2.99 | -0.1145 | 6.7 | 10 |
| 2020s | 1.41 | -4.78 | 8.05 | 7 |
Countries ranked near Latvia
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)
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- 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 — private final consumption expenditure in Latvia?
- Economic outlook no 117 — private final consumption expenditure in Latvia was 1.52 in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — private final consumption expenditure recorded in Latvia?
- The highest recorded value was 19.95 in 2006.
- What is the lowest economic outlook no 117 — private final consumption expenditure recorded in Latvia?
- The lowest recorded value was -18.98 in 2009.
- How does Latvia rank for economic outlook no 117 — private final consumption expenditure?
- Latvia ranks 7th out of 8 countries with data for 2026.
- Is economic outlook no 117 — private final consumption expenditure rising or falling in Latvia?
- Over the last ten years it is down 60.9%. 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 — Private final consumption expenditure, volume, growth. 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