Households and NPISHs final consumption expenditure: linked series in Latvia
Latvia: Households and NPISHs final consumption expenditure: linked series was 24.79 billion current LCU in 2025. ◆ Volatile
Households and NPISHs final consumption expenditure: linked series in Latvia, 1994–2025
Source: Staff estimates, World Bank (WB). Measured in current LCU.
Analysis
In 2025, households and npishs final consumption expenditure: linked series 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: linked series 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 151st of 187 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: linked series 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% |
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
- 148 Eritrea 31.17 billion current LCU compare
- 149 Luxembourg 29.98 billion current LCU compare
- 150 El Salvador 29.85 billion current LCU compare
- 152 Seychelles 24.35 billion current LCU compare
- 153 Estonia 21.92 billion current LCU compare
- 154 Sao Tome and Principe 21.50 billion current LCU compare
More economy & growth data for Latvia
- Services, value added (current US$), annual growth rate 9.67 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6425 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 16,904 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.05 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.5685 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 14,960 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.64 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4253 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 11,190 constant 2015 US$ per person (2025)
- Services, value added (constant LCU), per capita 11,613 constant LCU per person (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure: linked series in Latvia?
- Households and npishs final consumption expenditure: linked series in Latvia was 24.79 billion current LCU in 2025, according to Staff estimates, World Bank (WB).
- What is the highest households and npishs final consumption expenditure: linked series 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: linked series 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: linked series?
- Latvia ranks 151st out of 187 countries with data for 2025.
- Is households and npishs final consumption expenditure: linked series 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 Staff estimates, World Bank (WB), published as part of Households and NPISHs final consumption expenditure: linked series (current LCU). Statizoid updates them automatically from the source API.
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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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. 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.