Households and NPISHs Final consumption expenditure in Latvia

Latvia: Households and NPISHs Final consumption expenditure was 18.52 billion constant 2015 US$ in 2025. ▲ Rising

Latest (2025)
18.52 billion constant 2015 US$
Change on year
up 0.8%
World rank
100th
of 171 countries
All-time high
18.53 billion constant 2015 US$
in 2022
All-time low
7.32 billion constant 2015 US$
in 1995
Years of data
31
1995–2025

Households and NPISHs Final consumption expenditure in Latvia, 1995–2025

05.0B10.0B15.0B20.0B1995201020251995: 7.3B constant 2015 US$1996: 7.7B constant 2015 US$1997: 8.1B constant 2015 US$1998: 8.2B constant 2015 US$1999: 8.5B constant 2015 US$2000: 8.7B constant 2015 US$2001: 9.1B constant 2015 US$2002: 9.8B constant 2015 US$2003: 10.5B constant 2015 US$2004: 11.6B constant 2015 US$2005: 13.0B constant 2015 US$2006: 15.6B constant 2015 US$2007: 17.4B constant 2015 US$2008: 15.8B constant 2015 US$2009: 12.8B constant 2015 US$2010: 13.3B constant 2015 US$2011: 13.4B constant 2015 US$2012: 14.1B constant 2015 US$2013: 15.1B constant 2015 US$2014: 15.2B constant 2015 US$2015: 15.5B constant 2015 US$2016: 16.1B constant 2015 US$2017: 16.6B constant 2015 US$2018: 17.2B constant 2015 US$2019: 17.1B constant 2015 US$2020: 16.3B constant 2015 US$2021: 17.6B constant 2015 US$2022: 18.5B constant 2015 US$2023: 18.4B constant 2015 US$2024: 18.4B constant 2015 US$2025: 18.5B constant 2015 US$

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 171 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 expenditure in Latvia, year by year

Annual values for Households and NPISHs Final consumption expenditure (constant 2015 US$) in Latvia, 1995 to 2025.
Year constant 2015 US$ 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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 97 Cyprus 19.95 billion constant 2015 US$ compare
  2. 98 Libya 19.50 billion constant 2015 US$ compare
  3. 99 Senegal 18.96 billion constant 2015 US$ compare
  4. 101 Bahrain 18.38 billion constant 2015 US$ compare
  5. 102 Mali 17.21 billion constant 2015 US$ compare
  6. 103 Bosnia and Herzegovina 16.72 billion constant 2015 US$ compare

See the full ranking of 213 places →

More economy & growth data for Latvia

All data for Latvia →

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 171 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.

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Households and NPISHs Final consumption expenditure in Latvia. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 30 August 2026, from https://economy.statizoid.com/stat/households-and-npishs-final-consumption-expenditure-constant-2015-us/latvia/

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About this data

Indicator
Households and NPISHs Final consumption expenditure (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
213 places, 8,932 data points, 1960–2025
Last refreshed

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.