Final consumption expenditure in Latvia
Latvia: Final consumption expenditure was 80.5% in 2025. ▼ Falling
Final consumption expenditure in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, final consumption expenditure in Latvia stood at 80.5%.
The figure is up 0.5% on the previous year and up 4.5% over ten years.
Over the whole period, final consumption expenditure in Latvia peaked at 89.7% in 1996 and was at its lowest, 76.3%, in 2008.
Latvia ranks 84th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Final consumption expenditure in Latvia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 88.8% | — |
| 1996 | 89.7% | +1.0% |
| 1997 | 88.0% | -2.0% |
| 1998 | 86.3% | -1.9% |
| 1999 | 87.5% | +1.4% |
| 2000 | 83.2% | -4.9% |
| 2001 | 82.3% | -1.1% |
| 2002 | 81.8% | -0.5% |
| 2003 | 82.1% | +0.3% |
| 2004 | 81.6% | -0.6% |
| 2005 | 78.5% | -3.8% |
| 2006 | 80.0% | +1.8% |
| 2007 | 76.4% | -4.4% |
| 2008 | 76.3% | -0.2% |
| 2009 | 78.8% | +3.3% |
| 2010 | 81.2% | +3.0% |
| 2011 | 79.4% | -2.3% |
| 2012 | 76.9% | -3.1% |
| 2013 | 79.2% | +3.0% |
| 2014 | 78.2% | -1.3% |
| 2015 | 77.0% | -1.5% |
| 2016 | 77.7% | +0.9% |
| 2017 | 77.7% | +0.0% |
| 2018 | 76.6% | -1.4% |
| 2019 | 76.9% | +0.3% |
| 2020 | 76.4% | -0.6% |
| 2021 | 77.5% | +1.4% |
| 2022 | 80.2% | +3.6% |
| 2023 | 79.0% | -1.6% |
| 2024 | 80.1% | +1.5% |
| 2025 | 80.5% | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 88.1% | 86.3% | 89.7% | 5 |
| 2000s | 80.1% | 76.3% | 83.2% | 10 |
| 2010s | 78.1% | 76.6% | 81.2% | 10 |
| 2020s | 78.9% | 76.4% | 80.5% | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Services, value added (current US$), annual growth rate 9.67 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6425 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 16,904 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.05 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.5685 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 14,960 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.64 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4253 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 11,190 constant 2015 US$ per person (2025)
- Services, value added (constant LCU), per capita 11,613 constant LCU per person (2025)
Frequently asked questions
- What is final consumption expenditure in Latvia?
- Final consumption expenditure in Latvia was 80.5% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Latvia?
- The highest recorded value was 89.7% in 1996.
- What is the lowest final consumption expenditure recorded in Latvia?
- The lowest recorded value was 76.3% in 2008.
- How does Latvia rank for final consumption expenditure?
- Latvia ranks 84th out of 187 countries with data for 2025.
- Is final consumption expenditure 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.