Final consumption expenditure (constant 2015 US$), annual growth rate in Latvia
Latvia: Final consumption expenditure (constant 2015 US$), annual growth rate was 2.44 % change on previous year in 2025. ◆ Volatile
Final consumption expenditure (constant 2015 US$), annual growth rate in Latvia, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Latvia recorded 2.44 % change on previous year for final consumption expenditure (constant 2015 us$), annual growth rate in 2025.
That represents a change of up 5,194.8% on the previous year and up 33.1% over ten years.
Over the whole period, final consumption expenditure (constant 2015 us$), annual growth rate in Latvia peaked at 17.02 % change on previous year in 2006 and was at its lowest, -16.8 % change on previous year, in 2009.
That places Latvia 109th out of 172 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (constant 2015 US$), annual growth rate in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 2.31 % change on previous year | — |
| 1997 | 4.89 % change on previous year | +111.9% |
| 1998 | 3.72 % change on previous year | -23.8% |
| 1999 | 2.58 % change on previous year | -30.6% |
| 2000 | 0.8527 % change on previous year | -67.0% |
| 2001 | 5.16 % change on previous year | +505.5% |
| 2002 | 6.34 % change on previous year | +22.8% |
| 2003 | 7.06 % change on previous year | +11.3% |
| 2004 | 8.42 % change on previous year | +19.3% |
| 2005 | 9.09 % change on previous year | +7.9% |
| 2006 | 17.02 % change on previous year | +87.3% |
| 2007 | 10.16 % change on previous year | -40.3% |
| 2008 | -6.46 % change on previous year | -163.5% |
| 2009 | -16.8 % change on previous year | +160.2% |
| 2010 | 0.8028 % change on previous year | -104.8% |
| 2011 | 0.8884 % change on previous year | +10.7% |
| 2012 | 4.47 % change on previous year | +403.5% |
| 2013 | 5.66 % change on previous year | +26.5% |
| 2014 | 1.59 % change on previous year | -71.9% |
| 2015 | 1.83 % change on previous year | +15.3% |
| 2016 | 3.58 % change on previous year | +95.1% |
| 2017 | 3.03 % change on previous year | -15.3% |
| 2018 | 3.22 % change on previous year | +6.3% |
| 2019 | 1.25 % change on previous year | -61.2% |
| 2020 | -2.57 % change on previous year | -306.3% |
| 2021 | 6.85 % change on previous year | -365.9% |
| 2022 | 3.74 % change on previous year | -45.4% |
| 2023 | -0.0348 % change on previous year | -100.9% |
| 2024 | -0.0479 % change on previous year | +37.7% |
| 2025 | 2.44 % change on previous year | -5194.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.38 % change on previous year | 2.31 % change on previous year | 4.89 % change on previous year | 4 |
| 2000s | 4.08 % change on previous year | -16.8 % change on previous year | 17.02 % change on previous year | 10 |
| 2010s | 2.63 % change on previous year | 0.8028 % change on previous year | 5.66 % change on previous year | 10 |
| 2020s | 1.73 % change on previous year | -2.57 % change on previous year | 6.85 % change on previous year | 6 |
Countries ranked near Latvia
- 106 Timor-Leste 2.67 % change on previous year compare
- 107 Sierra Leone 2.54 % change on previous year compare
- 108 Congo, Democratic Republic of the 2.48 % change on previous year compare
- 110 Kuwait 2.43 % change on previous year compare
- 111 Bosnia and Herzegovina 2.42 % change on previous year compare
- 112 Mauritius 2.39 % change on previous year compare
More economy & growth data for Latvia
- Households and NPISHs Final consumption expenditure (current LCU) 4.4 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.5099 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 13,417 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.7513 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3809 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 10,022 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 11.05 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8052 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 21,187 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 6.37 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure (constant 2015 us$), annual growth rate in Latvia?
- Final consumption expenditure (constant 2015 us$), annual growth rate in Latvia was 2.44 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant 2015 us$), annual growth rate recorded in Latvia?
- The highest recorded value was 17.02 % change on previous year in 2006.
- What is the lowest final consumption expenditure (constant 2015 us$), annual growth rate recorded in Latvia?
- The lowest recorded value was -16.8 % change on previous year in 2009.
- How does Latvia rank for final consumption expenditure (constant 2015 us$), annual growth rate?
- Latvia ranks 109th out of 172 countries with data for 2025.
- Is final consumption expenditure (constant 2015 us$), annual growth rate rising or falling in Latvia?
- Over the last ten years it is up 33.1%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.