Gross national expenditure in Latvia
Latvia: Gross national expenditure was 33.86 billion constant LCU in 2025. ▲ Rising
Gross national expenditure in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Latvia recorded 33.86 billion constant LCU for gross national expenditure in 2025. That is the highest value across all 31 years on record.
The figure is up 6.0% on the previous year and up 30.9% over ten years.
Over the whole period, gross national expenditure in Latvia peaked at 33.86 billion constant LCU in 2025 and was at its lowest, 12.15 billion constant LCU, in 1995.
That places Latvia 138th out of 168 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Gross national expenditure in Latvia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 12.15 billion constant LCU | — |
| 1996 | 12.77 billion constant LCU | +5.1% |
| 1997 | 13.47 billion constant LCU | +5.5% |
| 1998 | 14.75 billion constant LCU | +9.5% |
| 1999 | 15.11 billion constant LCU | +2.4% |
| 2000 | 15.36 billion constant LCU | +1.6% |
| 2001 | 16.70 billion constant LCU | +8.8% |
| 2002 | 17.77 billion constant LCU | +6.4% |
| 2003 | 19.66 billion constant LCU | +10.7% |
| 2004 | 22.00 billion constant LCU | +11.9% |
| 2005 | 24.18 billion constant LCU | +9.9% |
| 2006 | 28.82 billion constant LCU | +19.2% |
| 2007 | 32.39 billion constant LCU | +12.4% |
| 2008 | 29.55 billion constant LCU | -8.8% |
| 2009 | 22.68 billion constant LCU | -23.2% |
| 2010 | 21.87 billion constant LCU | -3.6% |
| 2011 | 23.63 billion constant LCU | +8.0% |
| 2012 | 24.74 billion constant LCU | +4.7% |
| 2013 | 25.23 billion constant LCU | +2.0% |
| 2014 | 25.28 billion constant LCU | +0.2% |
| 2015 | 25.87 billion constant LCU | +2.3% |
| 2016 | 26.61 billion constant LCU | +2.9% |
| 2017 | 27.82 billion constant LCU | +4.5% |
| 2018 | 29.33 billion constant LCU | +5.4% |
| 2019 | 30.00 billion constant LCU | +2.3% |
| 2020 | 28.80 billion constant LCU | -4.0% |
| 2021 | 31.88 billion constant LCU | +10.7% |
| 2022 | 32.25 billion constant LCU | +1.2% |
| 2023 | 32.35 billion constant LCU | +0.3% |
| 2024 | 31.94 billion constant LCU | -1.3% |
| 2025 | 33.86 billion constant LCU | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.65 billion constant LCU | 12.15 billion constant LCU | 15.11 billion constant LCU | 5 |
| 2000s | 22.91 billion constant LCU | 15.36 billion constant LCU | 32.39 billion constant LCU | 10 |
| 2010s | 26.04 billion constant LCU | 21.87 billion constant LCU | 30.00 billion constant LCU | 10 |
| 2020s | 31.85 billion constant LCU | 28.80 billion constant LCU | 33.86 billion constant LCU | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- GDP (constant 2015 US$), annual growth rate 2.14 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.642 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 16,892 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 2.14 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.6625 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 17,433 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 8.25 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1948 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 5,125 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 3.69 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure in Latvia?
- Gross national expenditure in Latvia was 33.86 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Latvia?
- The highest recorded value was 33.86 billion constant LCU in 2025.
- What is the lowest gross national expenditure recorded in Latvia?
- The lowest recorded value was 12.15 billion constant LCU in 1995.
- How does Latvia rank for gross national expenditure?
- Latvia ranks 138th out of 168 countries with data for 2025.
- Is gross national expenditure rising or falling in Latvia?
- Over the last ten years it is up 30.9%. 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 Gross national expenditure (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross 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 varies by country. This series is expressed in local currency units.