Households and NPISHs Final consumption expenditure … 2015 unit in Latvia
Latvia: Households and NPISHs Final consumption expenditure … 2015 unit was 0.3809 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling
Households and NPISHs Final consumption expenditure (constant 2015) in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2025, households and npishs final consumption expenditure (constant 2015) in Latvia stood at 0.3809 constant 2015 US$ per US$ of GDP. That is the lowest value across all 31 years on record.
The figure is down 8.8% on the previous year and down 35.3% over ten years.
Over the whole period, households and npishs final consumption expenditure (constant 2015) in Latvia peaked at 1.32 constant 2015 US$ per US$ of GDP in 1996 and was at its lowest, 0.3809 constant 2015 US$ per US$ of GDP, in 2025.
Latvia ranks 139th of 172 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Households and NPISHs Final consumption expenditure … 2015 unit in Latvia, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 1.3 constant 2015 US$ per US$ of GDP | — |
| 1996 | 1.32 constant 2015 US$ per US$ of GDP | +1.5% |
| 1997 | 1.28 constant 2015 US$ per US$ of GDP | -3.1% |
| 1998 | 1.18 constant 2015 US$ per US$ of GDP | -8.1% |
| 1999 | 1.16 constant 2015 US$ per US$ of GDP | -1.7% |
| 2000 | 1.12 constant 2015 US$ per US$ of GDP | -3.5% |
| 2001 | 1.11 constant 2015 US$ per US$ of GDP | -0.4% |
| 2002 | 1.06 constant 2015 US$ per US$ of GDP | -5.3% |
| 2003 | 0.9369 constant 2015 US$ per US$ of GDP | -11.2% |
| 2004 | 0.8409 constant 2015 US$ per US$ of GDP | -10.2% |
| 2005 | 0.7951 constant 2015 US$ per US$ of GDP | -5.5% |
| 2006 | 0.7611 constant 2015 US$ per US$ of GDP | -4.3% |
| 2007 | 0.5911 constant 2015 US$ per US$ of GDP | -22.3% |
| 2008 | 0.4625 constant 2015 US$ per US$ of GDP | -21.8% |
| 2009 | 0.4979 constant 2015 US$ per US$ of GDP | +7.7% |
| 2010 | 0.5655 constant 2015 US$ per US$ of GDP | +13.6% |
| 2011 | 0.5026 constant 2015 US$ per US$ of GDP | -11.1% |
| 2012 | 0.5216 constant 2015 US$ per US$ of GDP | +3.8% |
| 2013 | 0.5177 constant 2015 US$ per US$ of GDP | -0.7% |
| 2014 | 0.5029 constant 2015 US$ per US$ of GDP | -2.9% |
| 2015 | 0.5886 constant 2015 US$ per US$ of GDP | +17.0% |
| 2016 | 0.5942 constant 2015 US$ per US$ of GDP | +0.9% |
| 2017 | 0.5636 constant 2015 US$ per US$ of GDP | -5.1% |
| 2018 | 0.5162 constant 2015 US$ per US$ of GDP | -8.4% |
| 2019 | 0.5179 constant 2015 US$ per US$ of GDP | +0.3% |
| 2020 | 0.489 constant 2015 US$ per US$ of GDP | -5.6% |
| 2021 | 0.4619 constant 2015 US$ per US$ of GDP | -5.5% |
| 2022 | 0.4876 constant 2015 US$ per US$ of GDP | +5.6% |
| 2023 | 0.4293 constant 2015 US$ per US$ of GDP | -12.0% |
| 2024 | 0.4177 constant 2015 US$ per US$ of GDP | -2.7% |
| 2025 | 0.3809 constant 2015 US$ per US$ of GDP | -8.8% |
Latvia compared with similar countries
- Latvia's 0.3809 constant 2015 US$ per US$ of GDP is below the median for high income countries, which is 0.4025 constant 2015 US$ per US$ of GDP, 95% of the median. (63 countries reporting)
- Latvia's 0.3809 constant 2015 US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.4029 constant 2015 US$ per US$ of GDP, 95% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.25 constant 2015 US$ per US$ of GDP | 1.16 constant 2015 US$ per US$ of GDP | 1.32 constant 2015 US$ per US$ of GDP | 5 |
| 2000s | 0.8173 constant 2015 US$ per US$ of GDP | 0.4625 constant 2015 US$ per US$ of GDP | 1.12 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.5391 constant 2015 US$ per US$ of GDP | 0.5026 constant 2015 US$ per US$ of GDP | 0.5942 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.4444 constant 2015 US$ per US$ of GDP | 0.3809 constant 2015 US$ per US$ of GDP | 0.489 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 136 Guinea 0.3845 constant 2015 US$ per US$ of GDP compare
- 137 Slovenia 0.3825 constant 2015 US$ per US$ of GDP compare
- 138 Serbia 0.3818 constant 2015 US$ per US$ of GDP compare
- 140 Belgium 0.3781 constant 2015 US$ per US$ of GDP compare
- 141 Poland 0.3765 constant 2015 US$ per US$ of GDP compare
- 142 Democratic Republic of Congo 0.376 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Latvia
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -7.43 % change on previous year (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure (constant 2015) in Latvia?
- Households and npishs final consumption expenditure (constant 2015) in Latvia was 0.3809 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure (constant 2015) recorded in Latvia?
- The highest recorded value was 1.32 constant 2015 US$ per US$ of GDP in 1996.
- What is the lowest households and npishs final consumption expenditure (constant 2015) recorded in Latvia?
- The lowest recorded value was 0.3809 constant 2015 US$ per US$ of GDP in 2025.
- How does Latvia rank for households and npishs final consumption expenditure (constant 2015)?
- Latvia ranks 139th out of 172 countries with data for 2025.
- Is households and npishs final consumption expenditure (constant 2015) rising or falling in Latvia?
- Over the last ten years it is down 35.3%. 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 Households and NPISHs Final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Households and NPISHs Final consumption expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Households and NPISHs Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.