Households and NPISHs Final consumption expenditure (current US$) in Latvia
Latvia: Households and NPISHs Final consumption expenditure (current US$) was 0.5762 current US$ per US$ of GDP in 2025. ▼ Falling
Households and NPISHs Final consumption expenditure (current US$) in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for households and npishs final consumption expenditure (current us$) in Latvia is 0.5762 current US$ per US$ of GDP, measured in 2025.
Compared with earlier readings it is down 1.4% on the previous year and down 2.1% over ten years.
Over the whole period, households and npishs final consumption expenditure (current us$) in Latvia peaked at 0.6866 current US$ per US$ of GDP in 1996 and was at its lowest, 0.5544 current US$ per US$ of GDP, in 2020.
Latvia ranks 115th of 190 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Households and NPISHs Final consumption expenditure (current US$) in Latvia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.6639 current US$ per US$ of GDP | — |
| 1996 | 0.6866 current US$ per US$ of GDP | +3.4% |
| 1997 | 0.6779 current US$ per US$ of GDP | -1.3% |
| 1998 | 0.6445 current US$ per US$ of GDP | -4.9% |
| 1999 | 0.6578 current US$ per US$ of GDP | +2.1% |
| 2000 | 0.6303 current US$ per US$ of GDP | -4.2% |
| 2001 | 0.6229 current US$ per US$ of GDP | -1.2% |
| 2002 | 0.6137 current US$ per US$ of GDP | -1.5% |
| 2003 | 0.6127 current US$ per US$ of GDP | -0.2% |
| 2004 | 0.623 current US$ per US$ of GDP | +1.7% |
| 2005 | 0.6109 current US$ per US$ of GDP | -2.0% |
| 2006 | 0.6307 current US$ per US$ of GDP | +3.2% |
| 2007 | 0.5895 current US$ per US$ of GDP | -6.5% |
| 2008 | 0.5646 current US$ per US$ of GDP | -4.2% |
| 2009 | 0.5928 current US$ per US$ of GDP | +5.0% |
| 2010 | 0.6265 current US$ per US$ of GDP | +5.7% |
| 2011 | 0.6088 current US$ per US$ of GDP | -2.8% |
| 2012 | 0.5972 current US$ per US$ of GDP | -1.9% |
| 2013 | 0.614 current US$ per US$ of GDP | +2.8% |
| 2014 | 0.6015 current US$ per US$ of GDP | -2.0% |
| 2015 | 0.5886 current US$ per US$ of GDP | -2.1% |
| 2016 | 0.5969 current US$ per US$ of GDP | +1.4% |
| 2017 | 0.5943 current US$ per US$ of GDP | -0.4% |
| 2018 | 0.5842 current US$ per US$ of GDP | -1.7% |
| 2019 | 0.574 current US$ per US$ of GDP | -1.7% |
| 2020 | 0.5544 current US$ per US$ of GDP | -3.4% |
| 2021 | 0.5565 current US$ per US$ of GDP | +0.4% |
| 2022 | 0.5951 current US$ per US$ of GDP | +6.9% |
| 2023 | 0.5797 current US$ per US$ of GDP | -2.6% |
| 2024 | 0.5841 current US$ per US$ of GDP | +0.8% |
| 2025 | 0.5762 current US$ per US$ of GDP | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6661 current US$ per US$ of GDP | 0.6445 current US$ per US$ of GDP | 0.6866 current US$ per US$ of GDP | 5 |
| 2000s | 0.6091 current US$ per US$ of GDP | 0.5646 current US$ per US$ of GDP | 0.6307 current US$ per US$ of GDP | 10 |
| 2010s | 0.5986 current US$ per US$ of GDP | 0.574 current US$ per US$ of GDP | 0.6265 current US$ per US$ of GDP | 10 |
| 2020s | 0.5743 current US$ per US$ of GDP | 0.5544 current US$ per US$ of GDP | 0.5951 current US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 112 Benin 0.5831 current US$ per US$ of GDP compare
- 113 Cambodia 0.5825 current US$ per US$ of GDP compare
- 114 Poland 0.5793 current US$ per US$ of GDP compare
- 116 Italy 0.5757 current US$ per US$ of GDP compare
- 117 Chad 0.5705 current US$ per US$ of GDP compare
- 118 New Zealand 0.5696 current US$ per US$ of GDP compare
More economy & growth data for Latvia
- Total reserves minus gold (current US$), annual growth rate 12.7 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1062 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 2,795 current US$ per person (2025)
- General government final consumption expenditure (current US$) 16.59 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.229 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 6,027 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 11.68 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.2027 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 5,333 current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 6.98 % change on previous year (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure (current us$) in Latvia?
- Households and npishs final consumption expenditure (current us$) in Latvia was 0.5762 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure (current us$) recorded in Latvia?
- The highest recorded value was 0.6866 current US$ per US$ of GDP in 1996.
- What is the lowest households and npishs final consumption expenditure (current us$) recorded in Latvia?
- The lowest recorded value was 0.5544 current US$ per US$ of GDP in 2020.
- How does Latvia rank for households and npishs final consumption expenditure (current us$)?
- Latvia ranks 115th out of 190 countries with data for 2025.
- Is households and npishs final consumption expenditure (current us$) rising or falling in Latvia?
- Over the last ten years it is down 2.1%. 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 (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Households and NPISHs Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Households and NPISHs Final consumption expenditure (current US$) ÷ GDP (current US$)
Computed from
- Households and NPISHs Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Households and NPISHs Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.