Households and NPISHs Final consumption … 2015 US constant in Latvia
Latvia: Households and NPISHs Final consumption … 2015 US constant was 18.52 billion constant 2015 US$ in 2025. ▲ Rising
Households and NPISHs Final consumption expenditure in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Latvia recorded 18.52 billion constant 2015 US$ for households and npishs final consumption expenditure in 2025.
Compared with earlier readings it is up 0.8% on the previous year and up 19.4% over ten years.
Over the whole period, households and npishs final consumption expenditure in Latvia peaked at 18.53 billion constant 2015 US$ in 2022 and was at its lowest, 7.32 billion constant 2015 US$, in 1995.
Latvia ranks 100th of 172 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Households and NPISHs Final consumption … 2015 US constant in Latvia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 7.32 billion constant 2015 US$ | — |
| 1996 | 7.68 billion constant 2015 US$ | +5.0% |
| 1997 | 8.14 billion constant 2015 US$ | +6.0% |
| 1998 | 8.22 billion constant 2015 US$ | +1.0% |
| 1999 | 8.49 billion constant 2015 US$ | +3.2% |
| 2000 | 8.68 billion constant 2015 US$ | +2.2% |
| 2001 | 9.13 billion constant 2015 US$ | +5.2% |
| 2002 | 9.76 billion constant 2015 US$ | +6.9% |
| 2003 | 10.53 billion constant 2015 US$ | +7.9% |
| 2004 | 11.63 billion constant 2015 US$ | +10.4% |
| 2005 | 12.97 billion constant 2015 US$ | +11.5% |
| 2006 | 15.55 billion constant 2015 US$ | +19.9% |
| 2007 | 17.39 billion constant 2015 US$ | +11.8% |
| 2008 | 15.79 billion constant 2015 US$ | -9.2% |
| 2009 | 12.79 billion constant 2015 US$ | -19.0% |
| 2010 | 13.27 billion constant 2015 US$ | +3.8% |
| 2011 | 13.36 billion constant 2015 US$ | +0.6% |
| 2012 | 14.14 billion constant 2015 US$ | +5.9% |
| 2013 | 15.09 billion constant 2015 US$ | +6.7% |
| 2014 | 15.23 billion constant 2015 US$ | +0.9% |
| 2015 | 15.51 billion constant 2015 US$ | +1.8% |
| 2016 | 16.11 billion constant 2015 US$ | +3.9% |
| 2017 | 16.56 billion constant 2015 US$ | +2.8% |
| 2018 | 17.16 billion constant 2015 US$ | +3.6% |
| 2019 | 17.14 billion constant 2015 US$ | -0.1% |
| 2020 | 16.32 billion constant 2015 US$ | -4.8% |
| 2021 | 17.64 billion constant 2015 US$ | +8.1% |
| 2022 | 18.53 billion constant 2015 US$ | +5.1% |
| 2023 | 18.36 billion constant 2015 US$ | -0.9% |
| 2024 | 18.38 billion constant 2015 US$ | +0.1% |
| 2025 | 18.52 billion constant 2015 US$ | +0.8% |
Latvia compared with similar countries
- Latvia's 18.52 billion constant 2015 US$ is below the median for high income countries, which is 105.80 billion constant 2015 US$, 18% of the median. (63 countries reporting)
- Latvia's 18.52 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 80.30 billion constant 2015 US$, 23% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.97 billion constant 2015 US$ | 7.32 billion constant 2015 US$ | 8.49 billion constant 2015 US$ | 5 |
| 2000s | 12.42 billion constant 2015 US$ | 8.68 billion constant 2015 US$ | 17.39 billion constant 2015 US$ | 10 |
| 2010s | 15.36 billion constant 2015 US$ | 13.27 billion constant 2015 US$ | 17.16 billion constant 2015 US$ | 10 |
| 2020s | 17.96 billion constant 2015 US$ | 16.32 billion constant 2015 US$ | 18.53 billion constant 2015 US$ | 6 |
Countries ranked near Latvia
- 97 Cyprus 19.95 billion constant 2015 US$ compare
- 98 Libya 19.50 billion constant 2015 US$ compare
- 99 Senegal 18.96 billion constant 2015 US$ compare
- 101 Bahrain 18.38 billion constant 2015 US$ compare
- 102 Mali 17.21 billion constant 2015 US$ compare
- 103 Bosnia and Herzegovina 16.72 billion constant 2015 US$ 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 in Latvia?
- Households and npishs final consumption expenditure in Latvia was 18.52 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Latvia?
- The highest recorded value was 18.53 billion constant 2015 US$ in 2022.
- What is the lowest households and npishs final consumption expenditure recorded in Latvia?
- The lowest recorded value was 7.32 billion constant 2015 US$ in 1995.
- How does Latvia rank for households and npishs final consumption expenditure?
- Latvia ranks 100th out of 172 countries with data for 2025.
- Is households and npishs final consumption expenditure rising or falling in Latvia?
- Over the last ten years it is up 19.4%. 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 Households and NPISHs Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. 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 is 2015. This indicator is expressed in United States dollars.