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Final consumption expenditure (constant 2015 US$), per unit of GDP in Latvia

Latvia: Final consumption expenditure (constant 2015 US$), per unit of GDP was 0.5146 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.5146 constant 2015 US$ per US$ of GDP
Change on year
down 7.3%
World rank
136th
of 172 countries
All-time high
1.9 constant 2015 US$ per US$ of GDP
in 1995
All-time low
0.5146 constant 2015 US$ per US$ of GDP
in 2025
Years of data
31
1995–2025

Final consumption expenditure (constant 2015 US$), per unit of GDP in Latvia, 1995–2025

0.511.521995201020251995: 1.9 constant 2015 US$ per US$ of GDP1996: 1.9 constant 2015 US$ per US$ of GDP1997: 1.8 constant 2015 US$ per US$ of GDP1998: 1.7 constant 2015 US$ per US$ of GDP1999: 1.7 constant 2015 US$ per US$ of GDP2000: 1.6 constant 2015 US$ per US$ of GDP2001: 1.6 constant 2015 US$ per US$ of GDP2002: 1.5 constant 2015 US$ per US$ of GDP2003: 1.3 constant 2015 US$ per US$ of GDP2004: 1.2 constant 2015 US$ per US$ of GDP2005: 1.1 constant 2015 US$ per US$ of GDP2006: 0.997 constant 2015 US$ per US$ of GDP2007: 0.763 constant 2015 US$ per US$ of GDP2008: 0.615 constant 2015 US$ per US$ of GDP2009: 0.68 constant 2015 US$ per US$ of GDP2010: 0.751 constant 2015 US$ per US$ of GDP2011: 0.669 constant 2015 US$ per US$ of GDP2012: 0.685 constant 2015 US$ per US$ of GDP2013: 0.673 constant 2015 US$ per US$ of GDP2014: 0.658 constant 2015 US$ per US$ of GDP2015: 0.77 constant 2015 US$ per US$ of GDP2016: 0.775 constant 2015 US$ per US$ of GDP2017: 0.737 constant 2015 US$ per US$ of GDP2018: 0.672 constant 2015 US$ per US$ of GDP2019: 0.684 constant 2015 US$ per US$ of GDP2020: 0.661 constant 2015 US$ per US$ of GDP2021: 0.617 constant 2015 US$ per US$ of GDP2022: 0.643 constant 2015 US$ per US$ of GDP2023: 0.571 constant 2015 US$ per US$ of GDP2024: 0.555 constant 2015 US$ per US$ of GDP2025: 0.515 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

Latvia recorded 0.5146 constant 2015 US$ per US$ of GDP for final consumption expenditure (constant 2015 us$), per unit of gdp in 2025. That is the lowest value across all 31 years on record.

That represents a change of down 7.3% on the previous year and down 33.2% over ten years.

Over the whole period, final consumption expenditure (constant 2015 us$), per unit of gdp in Latvia peaked at 1.9 constant 2015 US$ per US$ of GDP in 1995 and was at its lowest, 0.5146 constant 2015 US$ per US$ of GDP, in 2025.

That places Latvia 136th out of 172 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 31 years of available data.

Final consumption expenditure (constant 2015 US$), per unit of GDP in Latvia, year by year

Year constant 2015 US$ per US$ of GDP Change
1995 1.9 constant 2015 US$ per US$ of GDP —
1996 1.88 constant 2015 US$ per US$ of GDP -1.1%
1997 1.81 constant 2015 US$ per US$ of GDP -4.2%
1998 1.7 constant 2015 US$ per US$ of GDP -5.6%
1999 1.67 constant 2015 US$ per US$ of GDP -2.3%
2000 1.58 constant 2015 US$ per US$ of GDP -4.8%
2001 1.58 constant 2015 US$ per US$ of GDP -0.4%
2002 1.49 constant 2015 US$ per US$ of GDP -5.8%
2003 1.31 constant 2015 US$ per US$ of GDP -11.9%
2004 1.15 constant 2015 US$ per US$ of GDP -11.8%
2005 1.07 constant 2015 US$ per US$ of GDP -7.5%
2006 0.9974 constant 2015 US$ per US$ of GDP -6.6%
2007 0.7632 constant 2015 US$ per US$ of GDP -23.5%
2008 0.6153 constant 2015 US$ per US$ of GDP -19.4%
2009 0.6802 constant 2015 US$ per US$ of GDP +10.5%
2010 0.7506 constant 2015 US$ per US$ of GDP +10.4%
2011 0.6688 constant 2015 US$ per US$ of GDP -10.9%
2012 0.6848 constant 2015 US$ per US$ of GDP +2.4%
2013 0.673 constant 2015 US$ per US$ of GDP -1.7%
2014 0.6583 constant 2015 US$ per US$ of GDP -2.2%
2015 0.7704 constant 2015 US$ per US$ of GDP +17.0%
2016 0.7752 constant 2015 US$ per US$ of GDP +0.6%
2017 0.7369 constant 2015 US$ per US$ of GDP -4.9%
2018 0.6724 constant 2015 US$ per US$ of GDP -8.8%
2019 0.6838 constant 2015 US$ per US$ of GDP +1.7%
2020 0.6606 constant 2015 US$ per US$ of GDP -3.4%
2021 0.6171 constant 2015 US$ per US$ of GDP -6.6%
2022 0.6432 constant 2015 US$ per US$ of GDP +4.2%
2023 0.5712 constant 2015 US$ per US$ of GDP -11.2%
2024 0.555 constant 2015 US$ per US$ of GDP -2.8%
2025 0.5146 constant 2015 US$ per US$ of GDP -7.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.79 constant 2015 US$ per US$ of GDP 1.67 constant 2015 US$ per US$ of GDP 1.9 constant 2015 US$ per US$ of GDP 5
2000s 1.12 constant 2015 US$ per US$ of GDP 0.6153 constant 2015 US$ per US$ of GDP 1.58 constant 2015 US$ per US$ of GDP 10
2010s 0.7074 constant 2015 US$ per US$ of GDP 0.6583 constant 2015 US$ per US$ of GDP 0.7752 constant 2015 US$ per US$ of GDP 10
2020s 0.5936 constant 2015 US$ per US$ of GDP 0.5146 constant 2015 US$ per US$ of GDP 0.6606 constant 2015 US$ per US$ of GDP 6

Countries ranked near Latvia

  1. 133 Haiti 0.5204 constant 2015 US$ per US$ of GDP compare
  2. 134 Slovenia 0.5159 constant 2015 US$ per US$ of GDP compare
  3. 135 Slovakia 0.5154 constant 2015 US$ per US$ of GDP compare
  4. 137 Brunei Darussalam 0.5127 constant 2015 US$ per US$ of GDP compare
  5. 138 Saudi Arabia 0.5126 constant 2015 US$ per US$ of GDP compare
  6. 139 Poland 0.5035 constant 2015 US$ per US$ of GDP compare

See the full ranking of 214 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is final consumption expenditure (constant 2015 us$), per unit of gdp in Latvia?
Final consumption expenditure (constant 2015 us$), per unit of gdp in Latvia was 0.5146 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest final consumption expenditure (constant 2015 us$), per unit of gdp recorded in Latvia?
The highest recorded value was 1.9 constant 2015 US$ per US$ of GDP in 1995.
What is the lowest final consumption expenditure (constant 2015 us$), per unit of gdp recorded in Latvia?
The lowest recorded value was 0.5146 constant 2015 US$ per US$ of GDP in 2025.
How does Latvia rank for final consumption expenditure (constant 2015 us$), per unit of gdp?
Latvia ranks 136th out of 172 countries with data for 2025.
Is final consumption expenditure (constant 2015 us$), per unit of gdp rising or falling in Latvia?
Over the last ten years it is down 33.2%. The long-run trend across the full record is falling.
Where does this Latvia data come from?
The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Final consumption expenditure (constant 2015 US$), per unit of GDP in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/stat/final-consumption-expenditure-constant-2015-us-per-unit-of-gdp/latvia/

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How this figure is calculated

Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), 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$) ÷ GDP (current US$)

Computed from

  • Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
  • GDP 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

Indicator
Final consumption expenditure (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
214 places, 9,103 data points, 1960–2025
Last refreshed

Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.