Final consumption expenditure (current US$), per unit of GDP (US unit) in Latvia
Latvia: Final consumption expenditure (current US$), per unit of GDP (US unit) was 0.8052 current US$ per US$ of GDP in 2025. ▼ Falling
Final consumption expenditure (current US$), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Latvia recorded 0.8052 current US$ per US$ of GDP for final consumption expenditure (current us$), per unit of gdp in 2025.
The figure is up 0.5% on the previous year and up 4.5% over ten years.
Over the whole period, final consumption expenditure (current us$), per unit of gdp in Latvia peaked at 0.8974 current US$ per US$ of GDP in 1996 and was at its lowest, 0.7632 current US$ per US$ of GDP, in 2008.
That places Latvia 85th out of 188 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Final consumption expenditure (current US$), per unit of GDP (US unit) in Latvia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.8881 current US$ per US$ of GDP | — |
| 1996 | 0.8974 current US$ per US$ of GDP | +1.0% |
| 1997 | 0.8796 current US$ per US$ of GDP | -2.0% |
| 1998 | 0.8632 current US$ per US$ of GDP | -1.9% |
| 1999 | 0.8752 current US$ per US$ of GDP | +1.4% |
| 2000 | 0.8321 current US$ per US$ of GDP | -4.9% |
| 2001 | 0.8228 current US$ per US$ of GDP | -1.1% |
| 2002 | 0.8184 current US$ per US$ of GDP | -0.5% |
| 2003 | 0.821 current US$ per US$ of GDP | +0.3% |
| 2004 | 0.8162 current US$ per US$ of GDP | -0.6% |
| 2005 | 0.7852 current US$ per US$ of GDP | -3.8% |
| 2006 | 0.7997 current US$ per US$ of GDP | +1.8% |
| 2007 | 0.7644 current US$ per US$ of GDP | -4.4% |
| 2008 | 0.7632 current US$ per US$ of GDP | -0.2% |
| 2009 | 0.7883 current US$ per US$ of GDP | +3.3% |
| 2010 | 0.812 current US$ per US$ of GDP | +3.0% |
| 2011 | 0.7936 current US$ per US$ of GDP | -2.3% |
| 2012 | 0.7691 current US$ per US$ of GDP | -3.1% |
| 2013 | 0.7923 current US$ per US$ of GDP | +3.0% |
| 2014 | 0.7823 current US$ per US$ of GDP | -1.3% |
| 2015 | 0.7704 current US$ per US$ of GDP | -1.5% |
| 2016 | 0.7772 current US$ per US$ of GDP | +0.9% |
| 2017 | 0.7772 current US$ per US$ of GDP | +0.0% |
| 2018 | 0.7662 current US$ per US$ of GDP | -1.4% |
| 2019 | 0.7688 current US$ per US$ of GDP | +0.3% |
| 2020 | 0.7641 current US$ per US$ of GDP | -0.6% |
| 2021 | 0.7745 current US$ per US$ of GDP | +1.4% |
| 2022 | 0.8022 current US$ per US$ of GDP | +3.6% |
| 2023 | 0.7897 current US$ per US$ of GDP | -1.6% |
| 2024 | 0.8012 current US$ per US$ of GDP | +1.5% |
| 2025 | 0.8052 current US$ per US$ of GDP | +0.5% |
Latvia compared with similar countries
- Latvia's 0.8052 current US$ per US$ of GDP is above the median for high income countries, which is 0.743 current US$ per US$ of GDP, 1.1× the median. (67 countries reporting)
- Latvia's 0.8052 current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.7577 current US$ per US$ of GDP, 1.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8807 current US$ per US$ of GDP | 0.8632 current US$ per US$ of GDP | 0.8974 current US$ per US$ of GDP | 5 |
| 2000s | 0.8011 current US$ per US$ of GDP | 0.7632 current US$ per US$ of GDP | 0.8321 current US$ per US$ of GDP | 10 |
| 2010s | 0.7809 current US$ per US$ of GDP | 0.7662 current US$ per US$ of GDP | 0.812 current US$ per US$ of GDP | 10 |
| 2020s | 0.7895 current US$ per US$ of GDP | 0.7641 current US$ per US$ of GDP | 0.8052 current US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 82 United States 0.8153 current US$ per US$ of GDP compare
- 83 Armenia 0.813 current US$ per US$ of GDP compare
- 84 Serbia 0.8092 current US$ per US$ of GDP compare
- 86 Croatia 0.8046 current US$ per US$ of GDP compare
- 87 Niger 0.8041 current US$ per US$ of GDP compare
- 88 Belize 0.8023 current US$ per US$ of GDP 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 (current us$), per unit of gdp in Latvia?
- Final consumption expenditure (current us$), per unit of gdp in Latvia was 0.8052 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.8974 current US$ per US$ of GDP in 1996.
- What is the lowest final consumption expenditure (current us$), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.7632 current US$ per US$ of GDP in 2008.
- How does Latvia rank for final consumption expenditure (current us$), per unit of gdp?
- Latvia ranks 85th out of 188 countries with data for 2025.
- Is final consumption expenditure (current us$), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is up 4.5%. 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 (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (current US$) ÷ GDP (current US$)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.