Final consumption expenditure (constant LCU), per capita in Latvia
Latvia: Final consumption expenditure (constant LCU), per capita was 13,710 constant LCU per person in 2025. ▲ Rising
Final consumption expenditure (constant LCU), per capita in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
Latvia recorded 13,710 constant LCU per person for final consumption expenditure (constant lcu), per capita in 2025. That is the highest value across all 31 years on record.
That represents a change of up 3.5% on the previous year and up 31.9% over ten years.
Over the whole period, final consumption expenditure (constant lcu), per capita in Latvia peaked at 13,710 constant LCU per person in 2025 and was at its lowest, 4,353 constant LCU per person, in 1995.
Latvia ranks 143rd of 177 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Final consumption expenditure (constant LCU), per capita in Latvia, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 1995 | 4,353 constant LCU per person | — |
| 1996 | 4,504 constant LCU per person | +3.5% |
| 1997 | 4,771 constant LCU per person | +5.9% |
| 1998 | 4,996 constant LCU per person | +4.7% |
| 1999 | 5,167 constant LCU per person | +3.4% |
| 2000 | 5,261 constant LCU per person | +1.8% |
| 2001 | 5,605 constant LCU per person | +6.5% |
| 2002 | 6,030 constant LCU per person | +7.6% |
| 2003 | 6,518 constant LCU per person | +8.1% |
| 2004 | 7,145 constant LCU per person | +9.6% |
| 2005 | 7,879 constant LCU per person | +10.3% |
| 2006 | 9,304 constant LCU per person | +18.1% |
| 2007 | 10,334 constant LCU per person | +11.1% |
| 2008 | 9,769 constant LCU per person | -5.5% |
| 2009 | 8,263 constant LCU per person | -15.4% |
| 2010 | 8,505 constant LCU per person | +2.9% |
| 2011 | 8,738 constant LCU per person | +2.7% |
| 2012 | 9,243 constant LCU per person | +5.8% |
| 2013 | 9,871 constant LCU per person | +6.8% |
| 2014 | 10,123 constant LCU per person | +2.6% |
| 2015 | 10,393 constant LCU per person | +2.7% |
| 2016 | 10,863 constant LCU per person | +4.5% |
| 2017 | 11,292 constant LCU per person | +3.9% |
| 2018 | 11,747 constant LCU per person | +4.0% |
| 2019 | 11,976 constant LCU per person | +2.0% |
| 2020 | 11,750 constant LCU per person | -1.9% |
| 2021 | 12,661 constant LCU per person | +7.8% |
| 2022 | 13,170 constant LCU per person | +4.0% |
| 2023 | 13,135 constant LCU per person | -0.3% |
| 2024 | 13,252 constant LCU per person | +0.9% |
| 2025 | 13,710 constant LCU per person | +3.5% |
Latvia compared with similar countries
- Latvia's 13,710 constant LCU per person is below the median for high income countries, which is 34,320 constant LCU per person, 40% of the median. (61 countries reporting)
- Latvia's 13,710 constant LCU per person is below the median for Europe & Central Asia, which is 32,975 constant LCU per person, 42% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,758 constant LCU per person | 4,353 constant LCU per person | 5,167 constant LCU per person | 5 |
| 2000s | 7,611 constant LCU per person | 5,261 constant LCU per person | 10,334 constant LCU per person | 10 |
| 2010s | 10,275 constant LCU per person | 8,505 constant LCU per person | 11,976 constant LCU per person | 10 |
| 2020s | 12,946 constant LCU per person | 11,750 constant LCU per person | 13,710 constant LCU per person | 6 |
Countries ranked near Latvia
- 140 Lithuania 14,663 constant LCU per person compare
- 141 Argentina 14,095 constant LCU per person compare
- 142 Peru 13,923 constant LCU per person compare
- 144 Eritrea 13,213 constant LCU per person compare
- 145 Tonga 12,847 constant LCU per person compare
- 146 Bosnia and Herzegovina 12,674 constant LCU per person compare
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is final consumption expenditure (constant lcu), per capita in Latvia?
- Final consumption expenditure (constant lcu), per capita in Latvia was 13,710 constant LCU per person in 2025, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant lcu), per capita recorded in Latvia?
- The highest recorded value was 13,710 constant LCU per person in 2025.
- What is the lowest final consumption expenditure (constant lcu), per capita recorded in Latvia?
- The lowest recorded value was 4,353 constant LCU per person in 1995.
- How does Latvia rank for final consumption expenditure (constant lcu), per capita?
- Latvia ranks 143rd out of 177 countries with data for 2025.
- Is final consumption expenditure (constant lcu), 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 LCU), 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 LCU) 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 LCU) ÷ 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 LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.