Gross national expenditure in Latvia
Latvia: Gross national expenditure was 101.59 in 2024. ▼ Falling
Latest (2024)
101.59
Change on year
down 2.0%
World rank
27th
of 71 countries
All-time high
121.79
in 2006
All-time low
98.56
in 2020
Years of data
30
1995–2024
Gross national expenditure in Latvia, 1995–2024
Source: UNICEF.
Analysis
In 2024, gross national expenditure in Latvia stood at 101.59.
The figure is down 2.0% on the previous year and down 1.3% over ten years.
Over the whole period, gross national expenditure in Latvia peaked at 121.79 in 2006 and was at its lowest, 98.56, in 2020.
Latvia ranks 27th of 71 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Gross national expenditure in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 104.89 | — |
| 1996 | 109.28 | +4.2% |
| 1997 | 109.29 | +0.0% |
| 1998 | 112.41 | +2.9% |
| 1999 | 110.09 | -2.1% |
| 2000 | 108.17 | -1.7% |
| 2001 | 110.58 | +2.2% |
| 2002 | 110.46 | -0.1% |
| 2003 | 113.11 | +2.4% |
| 2004 | 115.98 | +2.5% |
| 2005 | 114.91 | -0.9% |
| 2006 | 121.79 | +6.0% |
| 2007 | 120.11 | -1.4% |
| 2008 | 113.3 | -5.7% |
| 2009 | 102.04 | -9.9% |
| 2010 | 102.13 | +0.1% |
| 2011 | 106.13 | +3.9% |
| 2012 | 105.55 | -0.5% |
| 2013 | 104.53 | -1.0% |
| 2014 | 102.9 | -1.6% |
| 2015 | 101.19 | -1.7% |
| 2016 | 99.47 | -1.7% |
| 2017 | 100.43 | +1.0% |
| 2018 | 100.49 | +0.1% |
| 2019 | 100.22 | -0.3% |
| 2020 | 98.56 | -1.6% |
| 2021 | 103.17 | +4.7% |
| 2022 | 104.89 | +1.7% |
| 2023 | 103.66 | -1.2% |
| 2024 | 101.59 | -2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 109.19 | 104.89 | 112.41 | 5 |
| 2000s | 113.05 | 102.04 | 121.79 | 10 |
| 2010s | 102.3 | 99.47 | 106.13 | 10 |
| 2020s | 102.38 | 98.56 | 104.89 | 5 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Gross capital formation (current US$), annual growth rate 23.84 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2406 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 6,330 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 18.62 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2129 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 5,601 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 18.33 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2098 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 5,519 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 11.67 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure in Latvia?
- Gross national expenditure in Latvia was 101.59 in 2024, according to UNICEF.
- What is the highest gross national expenditure recorded in Latvia?
- The highest recorded value was 121.79 in 2006.
- What is the lowest gross national expenditure recorded in Latvia?
- The lowest recorded value was 98.56 in 2020.
- How does Latvia rank for gross national expenditure?
- Latvia ranks 27th out of 71 countries with data for 2024.
- Is gross national expenditure rising or falling in Latvia?
- Over the last ten years it is down 1.3%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from UNICEF, published as part of Gross national expenditure (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under UNICEF Terms of Use (attribution required).