Households and NPISHs Final consumption expenditure (constant LCU) in Latvia
Latvia: Households and NPISHs Final consumption expenditure (constant LCU) was 0.378 constant LCU per US$ of GDP in 2025. ▼ Falling
Households and NPISHs Final consumption expenditure (constant LCU) in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for households and npishs final consumption expenditure (constant lcu) in Latvia is 0.378 constant LCU per US$ of GDP, measured in 2025. That is the lowest value across all 31 years on record.
That represents a change of 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 lcu) in Latvia peaked at 1.31 constant LCU per US$ of GDP in 1996 and was at its lowest, 0.378 constant LCU per US$ of GDP, in 2025.
That places Latvia 158th out of 179 countries with data for 2025, putting it 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 (constant LCU) in Latvia, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 1.29 constant LCU per US$ of GDP | — |
| 1996 | 1.31 constant LCU per US$ of GDP | +1.5% |
| 1997 | 1.27 constant LCU per US$ of GDP | -3.1% |
| 1998 | 1.17 constant LCU per US$ of GDP | -8.1% |
| 1999 | 1.15 constant LCU per US$ of GDP | -1.7% |
| 2000 | 1.11 constant LCU per US$ of GDP | -3.5% |
| 2001 | 1.11 constant LCU per US$ of GDP | -0.4% |
| 2002 | 1.05 constant LCU per US$ of GDP | -5.3% |
| 2003 | 0.9299 constant LCU per US$ of GDP | -11.2% |
| 2004 | 0.8346 constant LCU per US$ of GDP | -10.2% |
| 2005 | 0.7892 constant LCU per US$ of GDP | -5.5% |
| 2006 | 0.7554 constant LCU per US$ of GDP | -4.3% |
| 2007 | 0.5867 constant LCU per US$ of GDP | -22.3% |
| 2008 | 0.459 constant LCU per US$ of GDP | -21.8% |
| 2009 | 0.4941 constant LCU per US$ of GDP | +7.7% |
| 2010 | 0.5613 constant LCU per US$ of GDP | +13.6% |
| 2011 | 0.4988 constant LCU per US$ of GDP | -11.1% |
| 2012 | 0.5177 constant LCU per US$ of GDP | +3.8% |
| 2013 | 0.5138 constant LCU per US$ of GDP | -0.8% |
| 2014 | 0.4992 constant LCU per US$ of GDP | -2.9% |
| 2015 | 0.5842 constant LCU per US$ of GDP | +17.0% |
| 2016 | 0.5897 constant LCU per US$ of GDP | +0.9% |
| 2017 | 0.5594 constant LCU per US$ of GDP | -5.1% |
| 2018 | 0.5123 constant LCU per US$ of GDP | -8.4% |
| 2019 | 0.514 constant LCU per US$ of GDP | +0.3% |
| 2020 | 0.4854 constant LCU per US$ of GDP | -5.6% |
| 2021 | 0.4585 constant LCU per US$ of GDP | -5.5% |
| 2022 | 0.484 constant LCU per US$ of GDP | +5.6% |
| 2023 | 0.426 constant LCU per US$ of GDP | -12.0% |
| 2024 | 0.4146 constant LCU per US$ of GDP | -2.7% |
| 2025 | 0.378 constant LCU per US$ of GDP | -8.8% |
Latvia compared with similar countries
- Latvia's 0.378 constant LCU per US$ of GDP is below the median for high income countries, which is 0.5276 constant LCU per US$ of GDP, 72% of the median. (63 countries reporting)
- Latvia's 0.378 constant LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.5256 constant LCU per US$ of GDP, 72% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.24 constant LCU per US$ of GDP | 1.15 constant LCU per US$ of GDP | 1.31 constant LCU per US$ of GDP | 5 |
| 2000s | 0.8112 constant LCU per US$ of GDP | 0.459 constant LCU per US$ of GDP | 1.11 constant LCU per US$ of GDP | 10 |
| 2010s | 0.535 constant LCU per US$ of GDP | 0.4988 constant LCU per US$ of GDP | 0.5897 constant LCU per US$ of GDP | 10 |
| 2020s | 0.4411 constant LCU per US$ of GDP | 0.378 constant LCU per US$ of GDP | 0.4854 constant LCU per US$ of GDP | 6 |
Countries ranked near Latvia
- 155 Croatia 0.3857 constant LCU per US$ of GDP compare
- 156 Slovakia 0.3821 constant LCU per US$ of GDP compare
- 157 Germany 0.3815 constant LCU per US$ of GDP compare
- 159 Belgium 0.3688 constant LCU per US$ of GDP compare
- 160 Austria 0.3641 constant LCU per US$ of GDP compare
- 161 Bermuda 0.3613 constant LCU per US$ of GDP compare
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure (constant lcu) in Latvia?
- Households and npishs final consumption expenditure (constant lcu) in Latvia was 0.378 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure (constant lcu) recorded in Latvia?
- The highest recorded value was 1.31 constant LCU per US$ of GDP in 1996.
- What is the lowest households and npishs final consumption expenditure (constant lcu) recorded in Latvia?
- The lowest recorded value was 0.378 constant LCU per US$ of GDP in 2025.
- How does Latvia rank for households and npishs final consumption expenditure (constant lcu)?
- Latvia ranks 158th out of 179 countries with data for 2025.
- Is households and npishs final consumption expenditure (constant lcu) 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Households and NPISHs Final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Households and NPISHs Final consumption expenditure (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.