Final consumption expenditure (constant 2015 US$), per capita (capita) in Latvia
Latvia: Final consumption expenditure (constant 2015 US$), per capita (capita) was 13,539 constant 2015 US$ per person in 2025. ▲ Rising
Final consumption expenditure (constant 2015 US$), per capita in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
Latvia recorded 13,539 constant 2015 US$ per person for final consumption expenditure (constant 2015 us$), per capita in 2025. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 3.5% on the previous year and up 31.9% over ten years.
Over the whole period, final consumption expenditure (constant 2015 us$), per capita in Latvia peaked at 13,539 constant 2015 US$ per person in 2025 and was at its lowest, 4,298 constant 2015 US$ per person, in 1995.
That places Latvia 53rd out of 172 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Final consumption expenditure (constant 2015 US$), per capita (capita) in Latvia, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1995 | 4,298 constant 2015 US$ per person | — |
| 1996 | 4,448 constant 2015 US$ per person | +3.5% |
| 1997 | 4,712 constant 2015 US$ per person | +5.9% |
| 1998 | 4,933 constant 2015 US$ per person | +4.7% |
| 1999 | 5,102 constant 2015 US$ per person | +3.4% |
| 2000 | 5,196 constant 2015 US$ per person | +1.8% |
| 2001 | 5,535 constant 2015 US$ per person | +6.5% |
| 2002 | 5,955 constant 2015 US$ per person | +7.6% |
| 2003 | 6,437 constant 2015 US$ per person | +8.1% |
| 2004 | 7,056 constant 2015 US$ per person | +9.6% |
| 2005 | 7,780 constant 2015 US$ per person | +10.3% |
| 2006 | 9,188 constant 2015 US$ per person | +18.1% |
| 2007 | 10,205 constant 2015 US$ per person | +11.1% |
| 2008 | 9,647 constant 2015 US$ per person | -5.5% |
| 2009 | 8,160 constant 2015 US$ per person | -15.4% |
| 2010 | 8,399 constant 2015 US$ per person | +2.9% |
| 2011 | 8,629 constant 2015 US$ per person | +2.7% |
| 2012 | 9,127 constant 2015 US$ per person | +5.8% |
| 2013 | 9,748 constant 2015 US$ per person | +6.8% |
| 2014 | 9,996 constant 2015 US$ per person | +2.6% |
| 2015 | 10,263 constant 2015 US$ per person | +2.7% |
| 2016 | 10,728 constant 2015 US$ per person | +4.5% |
| 2017 | 11,151 constant 2015 US$ per person | +3.9% |
| 2018 | 11,600 constant 2015 US$ per person | +4.0% |
| 2019 | 11,827 constant 2015 US$ per person | +2.0% |
| 2020 | 11,603 constant 2015 US$ per person | -1.9% |
| 2021 | 12,503 constant 2015 US$ per person | +7.8% |
| 2022 | 13,005 constant 2015 US$ per person | +4.0% |
| 2023 | 12,971 constant 2015 US$ per person | -0.3% |
| 2024 | 13,087 constant 2015 US$ per person | +0.9% |
| 2025 | 13,539 constant 2015 US$ per person | +3.5% |
Latvia compared with similar countries
- Latvia's 13,539 constant 2015 US$ per person is below the median for high income countries, which is 26,321 constant 2015 US$ per person, 51% of the median. (61 countries reporting)
- Latvia's 13,539 constant 2015 US$ per person is below the median for Europe & Central Asia, which is 14,711 constant 2015 US$ per person, 92% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,699 constant 2015 US$ per person | 4,298 constant 2015 US$ per person | 5,102 constant 2015 US$ per person | 5 |
| 2000s | 7,516 constant 2015 US$ per person | 5,196 constant 2015 US$ per person | 10,205 constant 2015 US$ per person | 10 |
| 2010s | 10,147 constant 2015 US$ per person | 8,399 constant 2015 US$ per person | 11,827 constant 2015 US$ per person | 10 |
| 2020s | 12,785 constant 2015 US$ per person | 11,603 constant 2015 US$ per person | 13,539 constant 2015 US$ per person | 6 |
Countries ranked near Latvia
- 50 Poland 14,309 constant 2015 US$ per person compare
- 51 Czechia 13,924 constant 2015 US$ per person compare
- 52 Lithuania 13,755 constant 2015 US$ per person compare
- 54 Turkey 12,896 constant 2015 US$ per person compare
- 55 Hungary 12,653 constant 2015 US$ per person compare
- 56 Costa Rica 11,944 constant 2015 US$ per person compare
More economy & growth data for Latvia
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -7.43 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure (constant 2015 us$), per capita in Latvia?
- Final consumption expenditure (constant 2015 us$), per capita in Latvia was 13,539 constant 2015 US$ per person in 2025, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant 2015 us$), per capita recorded in Latvia?
- The highest recorded value was 13,539 constant 2015 US$ per person in 2025.
- What is the lowest final consumption expenditure (constant 2015 us$), per capita recorded in Latvia?
- The lowest recorded value was 4,298 constant 2015 US$ per person in 1995.
- How does Latvia rank for final consumption expenditure (constant 2015 us$), per capita?
- Latvia ranks 53rd out of 172 countries with data for 2025.
- Is final consumption expenditure (constant 2015 us$), per capita rising or falling in Latvia?
- Over the last ten years it is up 31.9%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (constant 2015 US$) ÷ Population, total
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.