Gross national expenditure in Latvia
Latvia: Gross national expenditure was 45.00 billion current LCU in 2025. ◆ Volatile
Gross national expenditure in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross national expenditure in Latvia is 45.00 billion current LCU, measured in 2025. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 9.0% on the previous year and up 87.3% over ten years.
Over the whole period, gross national expenditure in Latvia peaked at 45.00 billion current LCU in 2025 and was at its lowest, 4.12 billion current LCU, in 1995.
Latvia ranks 150th of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in Latvia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 4.12 billion current LCU | — |
| 1996 | 4.97 billion current LCU | +20.4% |
| 1997 | 5.74 billion current LCU | +15.5% |
| 1998 | 6.58 billion current LCU | +14.7% |
| 1999 | 6.71 billion current LCU | +2.0% |
| 2000 | 7.25 billion current LCU | +7.9% |
| 2001 | 8.09 billion current LCU | +11.7% |
| 2002 | 8.99 billion current LCU | +11.1% |
| 2003 | 10.34 billion current LCU | +15.1% |
| 2004 | 12.33 billion current LCU | +19.2% |
| 2005 | 15.06 billion current LCU | +22.1% |
| 2006 | 19.85 billion current LCU | +31.8% |
| 2007 | 25.83 billion current LCU | +30.2% |
| 2008 | 26.46 billion current LCU | +2.4% |
| 2009 | 18.86 billion current LCU | -28.7% |
| 2010 | 18.10 billion current LCU | -4.0% |
| 2011 | 20.29 billion current LCU | +12.1% |
| 2012 | 22.28 billion current LCU | +9.8% |
| 2013 | 22.95 billion current LCU | +3.0% |
| 2014 | 23.45 billion current LCU | +2.2% |
| 2015 | 24.03 billion current LCU | +2.5% |
| 2016 | 24.37 billion current LCU | +1.4% |
| 2017 | 26.13 billion current LCU | +7.2% |
| 2018 | 28.29 billion current LCU | +8.3% |
| 2019 | 29.63 billion current LCU | +4.7% |
| 2020 | 28.80 billion current LCU | -2.8% |
| 2021 | 33.31 billion current LCU | +15.6% |
| 2022 | 37.85 billion current LCU | +13.6% |
| 2023 | 41.01 billion current LCU | +8.3% |
| 2024 | 41.30 billion current LCU | +0.7% |
| 2025 | 45.00 billion current LCU | +9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.62 billion current LCU | 4.12 billion current LCU | 6.71 billion current LCU | 5 |
| 2000s | 15.30 billion current LCU | 7.25 billion current LCU | 26.46 billion current LCU | 10 |
| 2010s | 23.95 billion current LCU | 18.10 billion current LCU | 29.63 billion current LCU | 10 |
| 2020s | 37.88 billion current LCU | 28.80 billion current LCU | 45.00 billion current LCU | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- GNI (current LCU), annual growth rate 7.93 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.8773 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 23,085 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 8.34 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 8.43 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 12.94 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1306 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 3,437 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 8.19 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1156 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross national expenditure in Latvia?
- Gross national expenditure in Latvia was 45.00 billion current 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 45.00 billion current LCU in 2025.
- What is the lowest gross national expenditure recorded in Latvia?
- The lowest recorded value was 4.12 billion current LCU in 1995.
- How does Latvia rank for gross national expenditure?
- Latvia ranks 150th out of 185 countries with data for 2025.
- Is gross national expenditure rising or falling in Latvia?
- Over the last ten years it is up 87.3%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.