General government final consumption expenditure in Latvia
Latvia: General government final consumption expenditure was 6.47 billion constant 2015 US$ in 2025. ▲ Rising
General government final consumption expenditure in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Latvia recorded 6.47 billion constant 2015 US$ for general government final consumption expenditure in 2025. That is the highest value across all 31 years on record.
The figure is up 7.0% on the previous year and up 35.1% over ten years.
Over the whole period, general government final consumption expenditure in Latvia peaked at 6.47 billion constant 2015 US$ in 2025 and was at its lowest, 3.51 billion constant 2015 US$, in 1996.
Latvia ranks 87th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.77 billion constant 2015 US$ | 3.51 billion constant 2015 US$ | 4.04 billion constant 2015 US$ | 5 |
| 2000s | 4.63 billion constant 2015 US$ | 3.91 billion constant 2015 US$ | 5.32 billion constant 2015 US$ | 10 |
| 2010s | 4.79 billion constant 2015 US$ | 4.37 billion constant 2015 US$ | 5.48 billion constant 2015 US$ | 10 |
| 2020s | 6.02 billion constant 2015 US$ | 5.70 billion constant 2015 US$ | 6.47 billion constant 2015 US$ | 6 |
Countries ranked near Latvia
- 84 Lithuania 7.41 billion constant 2015 US$ compare
- 85 Bolivia 7.03 billion constant 2015 US$ compare
- 86 Bahrain 6.74 billion constant 2015 US$ compare
- 88 Botswana 5.98 billion constant 2015 US$ compare
- 89 Mozambique 5.84 billion constant 2015 US$ compare
- 90 Iceland 5.47 billion constant 2015 US$ compare
More economy & growth data for Latvia
- External balance on goods and services as a percent of GDP -4.6% (2025)
- Inflation of consumer prices 3.7% (2025)
- GDP per capita 16,892 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.0% (2025)
- Gross domestic product (GDP) 31.21 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 16,892 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 849.88 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 919.89 million current US$ (2024)
- Taxes less subsidies on products 5.62 billion current LCU (2025)
Frequently asked questions
- What is general government final consumption expenditure in Latvia?
- General government final consumption expenditure in Latvia was 6.47 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Latvia?
- The highest recorded value was 6.47 billion constant 2015 US$ in 2025.
- What is the lowest general government final consumption expenditure recorded in Latvia?
- The lowest recorded value was 3.51 billion constant 2015 US$ in 1996.
- How does Latvia rank for general government final consumption expenditure?
- Latvia ranks 87th out of 166 countries with data for 2025.
- Is general government final consumption expenditure rising or falling in Latvia?
- Over the last ten years it is up 35.1%. The long-run trend across the full record is rising.
- 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 General government final consumption expenditure (constant 2015 US$). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.