Households and NPISHs Final consumption expenditure (current LCU) in Latvia
Latvia: Households and NPISHs Final consumption expenditure (current LCU) was 24.79 billion current LCU in 2025. ◆ Volatile
Households and NPISHs Final consumption expenditure in Latvia, 1994–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2025, households and npishs final consumption expenditure in Latvia stood at 24.79 billion current LCU. That is the highest value across all 32 years on record.
The figure is up 4.4% on the previous year and up 77.4% over ten years.
Over the whole period, households and npishs final consumption expenditure in Latvia peaked at 24.79 billion current LCU in 2025 and was at its lowest, 2.35 billion current LCU, in 1994.
Latvia ranks 152nd of 190 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure (current LCU) in Latvia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1994 | 2.35 billion current LCU | — |
| 1995 | 2.61 billion current LCU | +11.0% |
| 1996 | 3.12 billion current LCU | +19.5% |
| 1997 | 3.56 billion current LCU | +14.0% |
| 1998 | 3.77 billion current LCU | +6.0% |
| 1999 | 4.01 billion current LCU | +6.3% |
| 2000 | 4.22 billion current LCU | +5.3% |
| 2001 | 4.56 billion current LCU | +8.0% |
| 2002 | 4.99 billion current LCU | +9.5% |
| 2003 | 5.60 billion current LCU | +12.2% |
| 2004 | 6.62 billion current LCU | +18.2% |
| 2005 | 8.00 billion current LCU | +20.9% |
| 2006 | 10.28 billion current LCU | +28.4% |
| 2007 | 12.68 billion current LCU | +23.4% |
| 2008 | 13.19 billion current LCU | +4.0% |
| 2009 | 10.96 billion current LCU | -16.9% |
| 2010 | 11.10 billion current LCU | +1.3% |
| 2011 | 11.64 billion current LCU | +4.8% |
| 2012 | 12.60 billion current LCU | +8.3% |
| 2013 | 13.48 billion current LCU | +6.9% |
| 2014 | 13.71 billion current LCU | +1.7% |
| 2015 | 13.98 billion current LCU | +2.0% |
| 2016 | 14.62 billion current LCU | +4.6% |
| 2017 | 15.46 billion current LCU | +5.7% |
| 2018 | 16.45 billion current LCU | +6.4% |
| 2019 | 16.97 billion current LCU | +3.2% |
| 2020 | 16.20 billion current LCU | -4.5% |
| 2021 | 17.97 billion current LCU | +10.9% |
| 2022 | 21.48 billion current LCU | +19.5% |
| 2023 | 22.94 billion current LCU | +6.8% |
| 2024 | 23.75 billion current LCU | +3.5% |
| 2025 | 24.79 billion current LCU | +4.4% |
Latvia compared with similar countries
- Latvia's 24.79 billion current LCU is below the median for high income countries, which is 179.30 billion current LCU, 14% of the median. (70 countries reporting)
- Latvia's 24.79 billion current LCU is below the median for Europe & Central Asia, which is 320.87 billion current LCU, 8% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.24 billion current LCU | 2.35 billion current LCU | 4.01 billion current LCU | 6 |
| 2000s | 8.11 billion current LCU | 4.22 billion current LCU | 13.19 billion current LCU | 10 |
| 2010s | 14.00 billion current LCU | 11.10 billion current LCU | 16.97 billion current LCU | 10 |
| 2020s | 21.19 billion current LCU | 16.20 billion current LCU | 24.79 billion current LCU | 6 |
Countries ranked near Latvia
- 149 Eritrea 31.17 billion current LCU compare
- 150 Luxembourg 29.98 billion current LCU compare
- 151 El Salvador 29.85 billion current LCU compare
- 153 Seychelles 24.35 billion current LCU compare
- 154 Estonia 21.92 billion current LCU compare
- 155 Sao Tome and Principe 21.50 billion current LCU 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 24.79 billion current LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest households and npishs final consumption expenditure recorded in Latvia?
- The highest recorded value was 24.79 billion current LCU in 2025.
- What is the lowest households and npishs final consumption expenditure recorded in Latvia?
- The lowest recorded value was 2.35 billion current LCU in 1994.
- How does Latvia rank for households and npishs final consumption expenditure?
- Latvia ranks 152nd out of 190 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 77.4%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Households and NPISHs Final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.
Download this data
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.