General government final consumption … US rate annual growth in Latvia
Latvia: General government final consumption … US rate annual growth was 16.59 % change on previous year in 2025. ◆ Volatile
General government final consumption expenditure (current US$) in Latvia, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for general government final consumption expenditure (current us$) in Latvia is 16.59 % change on previous year, measured in 2025.
The figure is up 163.2% on the previous year and up 232.3% over ten years.
Over the whole period, general government final consumption expenditure (current us$) in Latvia peaked at 49 % change on previous year in 2007 and was at its lowest, -25.93 % change on previous year, in 2009.
That places Latvia 33rd out of 185 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption … US rate annual growth in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | -2.76 % change on previous year | — |
| 1997 | 4.69 % change on previous year | -270.0% |
| 1998 | 19.1 % change on previous year | +307.0% |
| 1999 | 4.44 % change on previous year | -76.7% |
| 2000 | -1.68 % change on previous year | -137.8% |
| 2001 | 4.61 % change on previous year | -374.9% |
| 2002 | 15.64 % change on previous year | +238.9% |
| 2003 | 23.69 % change on previous year | +51.5% |
| 2004 | 13.98 % change on previous year | -41.0% |
| 2005 | 6.48 % change on previous year | -53.6% |
| 2006 | 21.46 % change on previous year | +231.1% |
| 2007 | 49 % change on previous year | +128.3% |
| 2008 | 31.73 % change on previous year | -35.2% |
| 2009 | -25.93 % change on previous year | -181.7% |
| 2010 | -13.32 % change on previous year | -48.6% |
| 2011 | 12.85 % change on previous year | -196.4% |
| 2012 | -5.13 % change on previous year | -139.9% |
| 2013 | 11.56 % change on previous year | -325.4% |
| 2014 | 5.33 % change on previous year | -53.9% |
| 2015 | -12.54 % change on previous year | -335.2% |
| 2016 | 2.08 % change on previous year | -116.6% |
| 2017 | 9.96 % change on previous year | +379.0% |
| 2018 | 12.57 % change on previous year | +26.3% |
| 2019 | 6.55 % change on previous year | -47.9% |
| 2020 | 8.58 % change on previous year | +31.0% |
| 2021 | 18.92 % change on previous year | +120.5% |
| 2022 | -5.44 % change on previous year | -128.8% |
| 2023 | 14.14 % change on previous year | -359.8% |
| 2024 | 6.3 % change on previous year | -55.4% |
| 2025 | 16.59 % change on previous year | +163.2% |
Latvia compared with similar countries
- Latvia's 16.59 % change on previous year is above the median for high income countries, which is 7.32 % change on previous year, 2.3× the median. (67 countries reporting)
- Latvia's 16.59 % change on previous year is above the median for Europe & Central Asia, which is 11.19 % change on previous year, 1.5× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.37 % change on previous year | -2.76 % change on previous year | 19.1 % change on previous year | 4 |
| 2000s | 13.9 % change on previous year | -25.93 % change on previous year | 49 % change on previous year | 10 |
| 2010s | 2.99 % change on previous year | -13.32 % change on previous year | 12.85 % change on previous year | 10 |
| 2020s | 9.85 % change on previous year | -5.44 % change on previous year | 18.92 % change on previous year | 6 |
Countries ranked near Latvia
- 30 Serbia 17.17 % change on previous year compare
- 31 Iceland 16.88 % change on previous year compare
- 32 Albania 16.83 % change on previous year compare
- 34 Eswatini 16.48 % change on previous year compare
- 35 Ukraine 16.39 % change on previous year compare
- 36 Cape Verde 16.04 % change on previous year 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 general government final consumption expenditure (current us$) in Latvia?
- General government final consumption expenditure (current us$) in Latvia was 16.59 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current us$) recorded in Latvia?
- The highest recorded value was 49 % change on previous year in 2007.
- What is the lowest general government final consumption expenditure (current us$) recorded in Latvia?
- The lowest recorded value was -25.93 % change on previous year in 2009.
- How does Latvia rank for general government final consumption expenditure (current us$)?
- Latvia ranks 33rd out of 185 countries with data for 2025.
- Is general government final consumption expenditure (current us$) rising or falling in Latvia?
- Over the last ten years it is up 232.3%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in General government final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- General government final consumption expenditure 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
The year-on-year percentage change in General government final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.