Final consumption expenditure (current LCU), per square kilometre in Latvia
Latvia: Final consumption expenditure (current LCU), per square kilometre was 502,084 current LCU per square kilometre in 2023. ◆ Volatile
Final consumption expenditure (current LCU), per square kilometre in Latvia, 1995–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
In 2023, final consumption expenditure (current lcu), per square kilometre in Latvia stood at 502,084 current LCU per square kilometre. That is the highest value across all 29 years on record.
The figure is up 7.9% on the previous year and up 79.6% over ten years.
Over the whole period, final consumption expenditure (current lcu), per square kilometre in Latvia peaked at 502,084 current LCU per square kilometre in 2023 and was at its lowest, 56,126 current LCU per square kilometre, in 1995.
That places Latvia 164th out of 185 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current LCU), per square kilometre in Latvia, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1995 | 56,126 current LCU per square kilometre | — |
| 1996 | 65,538 current LCU per square kilometre | +16.8% |
| 1997 | 74,185 current LCU per square kilometre | +13.2% |
| 1998 | 81,192 current LCU per square kilometre | +9.4% |
| 1999 | 85,768 current LCU per square kilometre | +5.6% |
| 2000 | 89,561 current LCU per square kilometre | +4.4% |
| 2001 | 96,764 current LCU per square kilometre | +8.0% |
| 2002 | 107,002 current LCU per square kilometre | +10.6% |
| 2003 | 120,633 current LCU per square kilometre | +12.7% |
| 2004 | 139,407 current LCU per square kilometre | +15.6% |
| 2005 | 165,340 current LCU per square kilometre | +18.6% |
| 2006 | 209,407 current LCU per square kilometre | +26.7% |
| 2007 | 264,229 current LCU per square kilometre | +26.2% |
| 2008 | 286,419 current LCU per square kilometre | +8.4% |
| 2009 | 234,135 current LCU per square kilometre | -18.3% |
| 2010 | 231,224 current LCU per square kilometre | -1.2% |
| 2011 | 243,798 current LCU per square kilometre | +5.4% |
| 2012 | 260,837 current LCU per square kilometre | +7.0% |
| 2013 | 279,544 current LCU per square kilometre | +7.2% |
| 2014 | 286,524 current LCU per square kilometre | +2.5% |
| 2015 | 293,962 current LCU per square kilometre | +2.6% |
| 2016 | 305,967 current LCU per square kilometre | +4.1% |
| 2017 | 324,955 current LCU per square kilometre | +6.2% |
| 2018 | 346,653 current LCU per square kilometre | +6.7% |
| 2019 | 365,292 current LCU per square kilometre | +5.4% |
| 2020 | 358,832 current LCU per square kilometre | -1.8% |
| 2021 | 401,803 current LCU per square kilometre | +12.0% |
| 2022 | 465,213 current LCU per square kilometre | +15.8% |
| 2023 | 502,084 current LCU per square kilometre | +7.9% |
Latvia compared with similar countries
- Latvia's 502,084 current LCU per square kilometre is below the median for high income countries, which is 8.94 million current LCU per square kilometre, 6% of the median. (67 countries reporting)
- Latvia's 502,084 current LCU per square kilometre is below the median for Europe & Central Asia, which is 7.23 million current LCU per square kilometre, 7% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 72,562 current LCU per square kilometre | 56,126 current LCU per square kilometre | 85,768 current LCU per square kilometre | 5 |
| 2000s | 171,290 current LCU per square kilometre | 89,561 current LCU per square kilometre | 286,419 current LCU per square kilometre | 10 |
| 2010s | 293,876 current LCU per square kilometre | 231,224 current LCU per square kilometre | 365,292 current LCU per square kilometre | 10 |
| 2020s | 431,983 current LCU per square kilometre | 358,832 current LCU per square kilometre | 502,084 current LCU per square kilometre | 4 |
Countries ranked near Latvia
- 161 Bulgaria 662,632 current LCU per square kilometre compare
- 162 Fiji 616,962 current LCU per square kilometre compare
- 163 Peru 603,582 current LCU per square kilometre compare
- 165 Montenegro 488,256 current LCU per square kilometre compare
- 166 Solomon Islands 472,647 current LCU per square kilometre compare
- 167 Zambia 453,023 current LCU per square kilometre 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 (current lcu), per square kilometre in Latvia?
- Final consumption expenditure (current lcu), per square kilometre in Latvia was 502,084 current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest final consumption expenditure (current lcu), per square kilometre recorded in Latvia?
- The highest recorded value was 502,084 current LCU per square kilometre in 2023.
- What is the lowest final consumption expenditure (current lcu), per square kilometre recorded in Latvia?
- The lowest recorded value was 56,126 current LCU per square kilometre in 1995.
- How does Latvia rank for final consumption expenditure (current lcu), per square kilometre?
- Latvia ranks 164th out of 185 countries with data for 2023.
- Is final consumption expenditure (current lcu), per square kilometre rising or falling in Latvia?
- Over the last ten years it is up 79.6%. 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 (current LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Final consumption expenditure (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (current LCU) ÷ Land area (sq. km)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.