General government final consumption expenditure (constant LCU), per in Latvia
Latvia: General government final consumption expenditure (constant LCU), per was 0.1431 constant LCU per US$ of GDP in 2025. ◆ Volatile
General government final consumption expenditure (constant LCU), per in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for general government final consumption expenditure (constant lcu), per in Latvia is 0.1431 constant LCU per US$ of GDP, measured in 2025. That is the lowest value across all 31 years on record.
Compared with earlier readings it is down 3.2% on the previous year and down 26.8% over ten years.
Over the whole period, general government final consumption expenditure (constant lcu), per in Latvia peaked at 0.7133 constant LCU per US$ of GDP in 1995 and was at its lowest, 0.1431 constant LCU per US$ of GDP, in 2025.
That places Latvia 141st out of 176 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure (constant LCU), per in Latvia, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.7133 constant LCU per US$ of GDP | — |
| 1996 | 0.651 constant LCU per US$ of GDP | -8.7% |
| 1997 | 0.6014 constant LCU per US$ of GDP | -7.6% |
| 1998 | 0.6185 constant LCU per US$ of GDP | +2.8% |
| 1999 | 0.5931 constant LCU per US$ of GDP | -4.1% |
| 2000 | 0.5411 constant LCU per US$ of GDP | -8.8% |
| 2001 | 0.5392 constant LCU per US$ of GDP | -0.3% |
| 2002 | 0.4987 constant LCU per US$ of GDP | -7.5% |
| 2003 | 0.4284 constant LCU per US$ of GDP | -14.1% |
| 2004 | 0.3577 constant LCU per US$ of GDP | -16.5% |
| 2005 | 0.3072 constant LCU per US$ of GDP | -14.1% |
| 2006 | 0.2617 constant LCU per US$ of GDP | -14.8% |
| 2007 | 0.189 constant LCU per US$ of GDP | -27.8% |
| 2008 | 0.1675 constant LCU per US$ of GDP | -11.3% |
| 2009 | 0.199 constant LCU per US$ of GDP | +18.8% |
| 2010 | 0.2001 constant LCU per US$ of GDP | +0.5% |
| 2011 | 0.1798 constant LCU per US$ of GDP | -10.1% |
| 2012 | 0.1758 constant LCU per US$ of GDP | -2.2% |
| 2013 | 0.1668 constant LCU per US$ of GDP | -5.1% |
| 2014 | 0.167 constant LCU per US$ of GDP | +0.1% |
| 2015 | 0.1955 constant LCU per US$ of GDP | +17.0% |
| 2016 | 0.1946 constant LCU per US$ of GDP | -0.4% |
| 2017 | 0.1863 constant LCU per US$ of GDP | -4.3% |
| 2018 | 0.1679 constant LCU per US$ of GDP | -9.9% |
| 2019 | 0.1782 constant LCU per US$ of GDP | +6.1% |
| 2020 | 0.1836 constant LCU per US$ of GDP | +3.1% |
| 2021 | 0.1664 constant LCU per US$ of GDP | -9.4% |
| 2022 | 0.1678 constant LCU per US$ of GDP | +0.8% |
| 2023 | 0.1527 constant LCU per US$ of GDP | -9.0% |
| 2024 | 0.1478 constant LCU per US$ of GDP | -3.2% |
| 2025 | 0.1431 constant LCU per US$ of GDP | -3.2% |
Latvia compared with similar countries
- Latvia's 0.1431 constant LCU per US$ of GDP is below the median for high income countries, which is 0.1761 constant LCU per US$ of GDP, 81% of the median. (61 countries reporting)
- Latvia's 0.1431 constant LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.181 constant LCU per US$ of GDP, 79% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6354 constant LCU per US$ of GDP | 0.5931 constant LCU per US$ of GDP | 0.7133 constant LCU per US$ of GDP | 5 |
| 2000s | 0.349 constant LCU per US$ of GDP | 0.1675 constant LCU per US$ of GDP | 0.5411 constant LCU per US$ of GDP | 10 |
| 2010s | 0.1812 constant LCU per US$ of GDP | 0.1668 constant LCU per US$ of GDP | 0.2001 constant LCU per US$ of GDP | 10 |
| 2020s | 0.1602 constant LCU per US$ of GDP | 0.1431 constant LCU per US$ of GDP | 0.1836 constant LCU per US$ of GDP | 6 |
Countries ranked near Latvia
- 138 Spain 0.1482 constant LCU per US$ of GDP compare
- 139 Italy 0.1443 constant LCU per US$ of GDP compare
- 140 United Kingdom 0.1431 constant LCU per US$ of GDP compare
- 142 Slovenia 0.1428 constant LCU per US$ of GDP compare
- 143 Luxembourg 0.1417 constant LCU per US$ of GDP compare
- 144 Argentina 0.1409 constant LCU per US$ of GDP 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 general government final consumption expenditure (constant lcu), per in Latvia?
- General government final consumption expenditure (constant lcu), per in Latvia was 0.1431 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant lcu), per recorded in Latvia?
- The highest recorded value was 0.7133 constant LCU per US$ of GDP in 1995.
- What is the lowest general government final consumption expenditure (constant lcu), per recorded in Latvia?
- The lowest recorded value was 0.1431 constant LCU per US$ of GDP in 2025.
- How does Latvia rank for general government final consumption expenditure (constant lcu), per?
- Latvia ranks 141st out of 176 countries with data for 2025.
- Is general government final consumption expenditure (constant lcu), per rising or falling in Latvia?
- Over the last ten years it is down 26.8%. 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 General government final consumption expenditure (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
General government final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
General government final consumption expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- 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
General government final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.