Gross national expenditure (constant LCU), per unit of GDP in Latvia
Latvia: Gross national expenditure (constant LCU), per unit of GDP was 0.6965 constant LCU per US$ of GDP in 2025. ▼ Falling
Gross national expenditure (constant LCU), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gross national expenditure (constant lcu), per unit of gdp in Latvia is 0.6965 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 4.0% on the previous year and down 29.1% over ten years.
Over the whole period, gross national expenditure (constant lcu), per unit of gdp in Latvia peaked at 2.2 constant LCU per US$ of GDP in 1996 and was at its lowest, 0.6965 constant LCU per US$ of GDP, in 2025.
Latvia ranks 147th of 169 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Gross national expenditure (constant LCU), per unit of GDP in Latvia, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 2.17 constant LCU per US$ of GDP | — |
| 1996 | 2.2 constant LCU per US$ of GDP | +1.6% |
| 1997 | 2.12 constant LCU per US$ of GDP | -3.7% |
| 1998 | 2.12 constant LCU per US$ of GDP | -0.3% |
| 1999 | 2.06 constant LCU per US$ of GDP | -2.5% |
| 2000 | 1.98 constant LCU per US$ of GDP | -4.1% |
| 2001 | 2.04 constant LCU per US$ of GDP | +3.0% |
| 2002 | 1.92 constant LCU per US$ of GDP | -5.8% |
| 2003 | 1.75 constant LCU per US$ of GDP | -9.0% |
| 2004 | 1.59 constant LCU per US$ of GDP | -9.0% |
| 2005 | 1.48 constant LCU per US$ of GDP | -6.8% |
| 2006 | 1.41 constant LCU per US$ of GDP | -4.9% |
| 2007 | 1.1 constant LCU per US$ of GDP | -21.9% |
| 2008 | 0.8657 constant LCU per US$ of GDP | -21.4% |
| 2009 | 0.8828 constant LCU per US$ of GDP | +2.0% |
| 2010 | 0.9321 constant LCU per US$ of GDP | +5.6% |
| 2011 | 0.8892 constant LCU per US$ of GDP | -4.6% |
| 2012 | 0.9123 constant LCU per US$ of GDP | +2.6% |
| 2013 | 0.8655 constant LCU per US$ of GDP | -5.1% |
| 2014 | 0.8349 constant LCU per US$ of GDP | -3.5% |
| 2015 | 0.9821 constant LCU per US$ of GDP | +17.6% |
| 2016 | 0.9815 constant LCU per US$ of GDP | -0.1% |
| 2017 | 0.9467 constant LCU per US$ of GDP | -3.5% |
| 2018 | 0.8822 constant LCU per US$ of GDP | -6.8% |
| 2019 | 0.9065 constant LCU per US$ of GDP | +2.7% |
| 2020 | 0.8629 constant LCU per US$ of GDP | -4.8% |
| 2021 | 0.8349 constant LCU per US$ of GDP | -3.3% |
| 2022 | 0.8485 constant LCU per US$ of GDP | +1.6% |
| 2023 | 0.7562 constant LCU per US$ of GDP | -10.9% |
| 2024 | 0.7258 constant LCU per US$ of GDP | -4.0% |
| 2025 | 0.6965 constant LCU per US$ of GDP | -4.0% |
Latvia compared with similar countries
- Latvia's 0.6965 constant LCU per US$ of GDP is below the median for high income countries, which is 0.8065 constant LCU per US$ of GDP, 86% of the median. (58 countries reporting)
- Latvia's 0.6965 constant LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.7565 constant LCU per US$ of GDP, 92% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.13 constant LCU per US$ of GDP | 2.06 constant LCU per US$ of GDP | 2.2 constant LCU per US$ of GDP | 5 |
| 2000s | 1.5 constant LCU per US$ of GDP | 0.8657 constant LCU per US$ of GDP | 2.04 constant LCU per US$ of GDP | 10 |
| 2010s | 0.9133 constant LCU per US$ of GDP | 0.8349 constant LCU per US$ of GDP | 0.9821 constant LCU per US$ of GDP | 10 |
| 2020s | 0.7875 constant LCU per US$ of GDP | 0.6965 constant LCU per US$ of GDP | 0.8629 constant LCU per US$ of GDP | 6 |
Countries ranked near Latvia
- 144 Cyprus 0.7034 constant LCU per US$ of GDP compare
- 145 Croatia 0.7003 constant LCU per US$ of GDP compare
- 146 Germany 0.6973 constant LCU per US$ of GDP compare
- 148 Singapore 0.6964 constant LCU per US$ of GDP compare
- 149 Austria 0.6881 constant LCU per US$ of GDP compare
- 150 Slovakia 0.6523 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 gross national expenditure (constant lcu), per unit of gdp in Latvia?
- Gross national expenditure (constant lcu), per unit of gdp in Latvia was 0.6965 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross national expenditure (constant lcu), per unit of gdp recorded in Latvia?
- The highest recorded value was 2.2 constant LCU per US$ of GDP in 1996.
- What is the lowest gross national expenditure (constant lcu), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.6965 constant LCU per US$ of GDP in 2025.
- How does Latvia rank for gross national expenditure (constant lcu), per unit of gdp?
- Latvia ranks 147th out of 169 countries with data for 2025.
- Is gross national expenditure (constant lcu), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 29.1%. 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 Gross national 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
Gross national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- Gross national 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
Gross national 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.