Gross national expenditure in Latvia
Latvia: Gross national expenditure was 104.6% in 2025. ▼ Falling
Gross national expenditure in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross national expenditure in Latvia is 104.6%, measured in 2025.
That represents a change of up 2.9% on the previous year and up 3.3% over ten years.
Over the whole period, gross national expenditure in Latvia peaked at 121.8% in 2006 and was at its lowest, 98.6%, in 2020.
That places Latvia 80th out of 186 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Gross national expenditure in Latvia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 104.9% | — |
| 1996 | 109.3% | +4.2% |
| 1997 | 109.3% | +0.0% |
| 1998 | 112.4% | +2.9% |
| 1999 | 110.1% | -2.1% |
| 2000 | 108.2% | -1.7% |
| 2001 | 110.6% | +2.2% |
| 2002 | 110.5% | -0.1% |
| 2003 | 113.1% | +2.4% |
| 2004 | 116.0% | +2.5% |
| 2005 | 114.9% | -0.9% |
| 2006 | 121.8% | +6.0% |
| 2007 | 120.1% | -1.4% |
| 2008 | 113.3% | -5.7% |
| 2009 | 102.0% | -9.9% |
| 2010 | 102.1% | +0.1% |
| 2011 | 106.1% | +3.9% |
| 2012 | 105.5% | -0.5% |
| 2013 | 104.5% | -1.0% |
| 2014 | 102.9% | -1.6% |
| 2015 | 101.2% | -1.7% |
| 2016 | 99.5% | -1.7% |
| 2017 | 100.4% | +1.0% |
| 2018 | 100.5% | +0.1% |
| 2019 | 100.2% | -0.3% |
| 2020 | 98.6% | -1.6% |
| 2021 | 103.2% | +4.7% |
| 2022 | 104.9% | +1.7% |
| 2023 | 103.7% | -1.2% |
| 2024 | 101.6% | -2.0% |
| 2025 | 104.6% | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 109.2% | 104.9% | 112.4% | 5 |
| 2000s | 113.0% | 102.0% | 121.8% | 10 |
| 2010s | 102.3% | 99.5% | 106.1% | 10 |
| 2020s | 102.7% | 98.6% | 104.9% | 6 |
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 104.6% 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 121.8% in 2006.
- What is the lowest gross national expenditure recorded in Latvia?
- The lowest recorded value was 98.6% in 2020.
- How does Latvia rank for gross national expenditure?
- Latvia ranks 80th out of 186 countries with data for 2025.
- Is gross national expenditure rising or falling in Latvia?
- Over the last ten years it is up 3.3%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.