Final consumption expenditure (current US$), per capita in Latvia

Latvia: Final consumption expenditure (current US$), per capita was 21,187 current US$ per person in 2025. ◆ Volatile

Latest (2025)
21,187 current US$ per person
Change on year
up 12.2%
World rank
52nd
of 188 countries
All-time high
21,187 current US$ per person
in 2025
All-time low
2,004 current US$ per person
in 1995
Years of data
31
1995–2025

Final consumption expenditure (current US$), per capita in Latvia, 1995–2025

05.0k10.0k15.0k20.0k1995201020251995: 2.0k current US$ per person1996: 2.1k current US$ per person1997: 2.3k current US$ per person1998: 2.5k current US$ per person1999: 2.7k current US$ per person2000: 2.7k current US$ per person2001: 2.9k current US$ per person2002: 3.3k current US$ per person2003: 4.0k current US$ per person2004: 5.0k current US$ per person2005: 5.7k current US$ per person2006: 7.4k current US$ per person2007: 10.2k current US$ per person2008: 12.0k current US$ per person2009: 9.5k current US$ per person2010: 9.1k current US$ per person2011: 10.2k current US$ per person2012: 10.3k current US$ per person2013: 11.5k current US$ per person2014: 11.9k current US$ per person2015: 10.3k current US$ per person2016: 10.8k current US$ per person2017: 11.8k current US$ per person2018: 13.2k current US$ per person2019: 13.3k current US$ per person2020: 13.4k current US$ per person2021: 15.7k current US$ per person2022: 16.2k current US$ per person2023: 17.9k current US$ per person2024: 18.9k current US$ per person2025: 21.2k current US$ per person

Source: Statizoid (derived). Measured in current US$ per person.

Analysis

The most recent figure for final consumption expenditure (current us$), per capita in Latvia is 21,187 current US$ per person, measured in 2025. That is the highest value across all 31 years on record.

The figure is up 12.2% on the previous year and up 106.4% over ten years.

Over the whole period, final consumption expenditure (current us$), per capita in Latvia peaked at 21,187 current US$ per person in 2025 and was at its lowest, 2,004 current US$ per person, in 1995.

That places Latvia 52nd out of 188 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 (current US$), per capita in Latvia, year by year

Annual values for Final consumption expenditure (current US$), per capita in Latvia, 1995 to 2025.
Year current US$ per person Change
1995 2,004 current US$ per person
1996 2,118 current US$ per person +5.7%
1997 2,296 current US$ per person +8.4%
1998 2,498 current US$ per person +8.8%
1999 2,682 current US$ per person +7.4%
2000 2,728 current US$ per person +1.7%
2001 2,884 current US$ per person +5.7%
2002 3,277 current US$ per person +13.6%
2003 4,035 current US$ per person +23.1%
2004 4,987 current US$ per person +23.6%
2005 5,719 current US$ per person +14.7%
2006 7,367 current US$ per person +28.8%
2007 10,221 current US$ per person +38.7%
2008 11,966 current US$ per person +17.1%
2009 9,456 current US$ per person -21.0%
2010 9,085 current US$ per person -3.9%
2011 10,239 current US$ per person +12.7%
2012 10,251 current US$ per person +0.1%
2013 11,476 current US$ per person +11.9%
2014 11,880 current US$ per person +3.5%
2015 10,263 current US$ per person -13.6%
2016 10,755 current US$ per person +4.8%
2017 11,761 current US$ per person +9.4%
2018 13,219 current US$ per person +12.4%
2019 13,296 current US$ per person +0.6%
2020 13,421 current US$ per person +0.9%
2021 15,693 current US$ per person +16.9%
2022 16,221 current US$ per person +3.4%
2023 17,935 current US$ per person +10.6%
2024 18,891 current US$ per person +5.3%
2025 21,187 current US$ per person +12.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2,319 current US$ per person 2,004 current US$ per person 2,682 current US$ per person 5
2000s 6,264 current US$ per person 2,728 current US$ per person 11,966 current US$ per person 10
2010s 11,223 current US$ per person 9,085 current US$ per person 13,296 current US$ per person 10
2020s 17,225 current US$ per person 13,421 current US$ per person 21,187 current US$ per person 6

Countries ranked near Latvia

  1. 49 Poland 22,520 current US$ per person compare
  2. 50 Kuwait 22,137 current US$ per person compare
  3. 51 Croatia 21,807 current US$ per person compare
  4. 53 Palau 20,519 current US$ per person compare
  5. 54 Uruguay 20,020 current US$ per person compare
  6. 55 Hungary 19,007 current US$ per person compare

See the full ranking of 231 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is final consumption expenditure (current us$), per capita in Latvia?
Final consumption expenditure (current us$), per capita in Latvia was 21,187 current US$ per person in 2025, according to Statizoid (derived).
What is the highest final consumption expenditure (current us$), per capita recorded in Latvia?
The highest recorded value was 21,187 current US$ per person in 2025.
What is the lowest final consumption expenditure (current us$), per capita recorded in Latvia?
The lowest recorded value was 2,004 current US$ per person in 1995.
How does Latvia rank for final consumption expenditure (current us$), per capita?
Latvia ranks 52nd out of 188 countries with data for 2025.
Is final consumption expenditure (current us$), per capita rising or falling in Latvia?
Over the last ten years it is up 106.4%. 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 US$), per capita. Statizoid updates them automatically from the source API.

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

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How this figure is calculated

Final consumption expenditure (current 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 (current US$) ÷ Population, total

Computed from

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 (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,145 data points, 1960–2025
Last refreshed

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