Households and NPISHs Final consumption expenditure per capita, PPP in Latvia
Latvia: Households and NPISHs Final consumption expenditure per capita, PPP was 19,604 constant 2021 international $ in 2025. ▲ Rising
Households and NPISHs Final consumption expenditure per capita, PPP in Latvia, 1995–2025
Source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Measured in constant 2021 international $.
Analysis
The most recent figure for households and npishs final consumption expenditure per capita, ppp in Latvia is 19,604 constant 2021 international $, measured in 2025. That is the highest value across all 31 years on record.
The figure is up 1.8% on the previous year and up 27.8% over ten years.
Over the whole period, households and npishs final consumption expenditure per capita, ppp in Latvia peaked at 19,604 constant 2021 international $ in 2025 and was at its lowest, 5,758 constant 2021 international $, in 1995.
Latvia ranks 54th of 169 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 per capita, PPP in Latvia, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 1995 | 5,758 constant 2021 international $ | — |
| 1996 | 6,114 constant 2021 international $ | +6.2% |
| 1997 | 6,548 constant 2021 international $ | +7.1% |
| 1998 | 6,675 constant 2021 international $ | +1.9% |
| 1999 | 6,946 constant 2021 international $ | +4.1% |
| 2000 | 7,170 constant 2021 international $ | +3.2% |
| 2001 | 7,638 constant 2021 international $ | +6.5% |
| 2002 | 8,264 constant 2021 international $ | +8.2% |
| 2003 | 9,007 constant 2021 international $ | +9.0% |
| 2004 | 10,050 constant 2021 international $ | +11.6% |
| 2005 | 11,328 constant 2021 international $ | +12.7% |
| 2006 | 13,713 constant 2021 international $ | +21.1% |
| 2007 | 15,460 constant 2021 international $ | +12.7% |
| 2008 | 14,183 constant 2021 international $ | -8.3% |
| 2009 | 11,683 constant 2021 international $ | -17.6% |
| 2010 | 12,376 constant 2021 international $ | +5.9% |
| 2011 | 12,684 constant 2021 international $ | +2.5% |
| 2012 | 13,600 constant 2021 international $ | +7.2% |
| 2013 | 14,668 constant 2021 international $ | +7.9% |
| 2014 | 14,939 constant 2021 international $ | +1.9% |
| 2015 | 15,338 constant 2021 international $ | +2.7% |
| 2016 | 16,084 constant 2021 international $ | +4.9% |
| 2017 | 16,682 constant 2021 international $ | +3.7% |
| 2018 | 17,420 constant 2021 international $ | +4.4% |
| 2019 | 17,522 constant 2021 international $ | +0.6% |
| 2020 | 16,801 constant 2021 international $ | -4.1% |
| 2021 | 18,308 constant 2021 international $ | +9.0% |
| 2022 | 19,288 constant 2021 international $ | +5.4% |
| 2023 | 19,069 constant 2021 international $ | -1.1% |
| 2024 | 19,266 constant 2021 international $ | +1.0% |
| 2025 | 19,604 constant 2021 international $ | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,408 constant 2021 international $ | 5,758 constant 2021 international $ | 6,946 constant 2021 international $ | 5 |
| 2000s | 10,850 constant 2021 international $ | 7,170 constant 2021 international $ | 15,460 constant 2021 international $ | 10 |
| 2010s | 15,131 constant 2021 international $ | 12,376 constant 2021 international $ | 17,522 constant 2021 international $ | 10 |
| 2020s | 18,723 constant 2021 international $ | 16,801 constant 2021 international $ | 19,604 constant 2021 international $ | 6 |
Countries ranked near Latvia
- 51 Slovakia 19,717 constant 2021 international $ compare
- 52 Kuwait 19,705 constant 2021 international $ compare
- 53 Bahamas 19,626 constant 2021 international $ compare
- 55 Hungary 19,364 constant 2021 international $ compare
- 56 Czechia 19,101 constant 2021 international $ compare
- 57 Estonia 18,654 constant 2021 international $ compare
More economy & growth data for Latvia
- Manufacturing, value added (constant LCU), per capita 1,898 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.34 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1868 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,916 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 6.65 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.1654 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 4,351 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 4.38 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1132 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 2,979 constant 2015 US$ per person (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita, ppp in Latvia?
- Households and npishs final consumption expenditure per capita, ppp in Latvia was 19,604 constant 2021 international $ in 2025, according to International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024.
- What is the highest households and npishs final consumption expenditure per capita, ppp recorded in Latvia?
- The highest recorded value was 19,604 constant 2021 international $ in 2025.
- What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in Latvia?
- The lowest recorded value was 5,758 constant 2021 international $ in 1995.
- How does Latvia rank for households and npishs final consumption expenditure per capita, ppp?
- Latvia ranks 54th out of 169 countries with data for 2025.
- Is households and npishs final consumption expenditure per capita, ppp rising or falling in Latvia?
- Over the last ten years it is up 27.8%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as part of Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure 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. The core indicator has been divided by the general population to achieve a per capita estimate. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.