Households and NPISHs final consumption expenditure in Latvia
Latvia: Households and NPISHs final consumption expenditure was 57.6% in 2025. ▼ Falling
Households and NPISHs final consumption expenditure in Latvia, 1994–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for households and npishs final consumption expenditure in Latvia is 57.6%, 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 in Latvia peaked at 76.6% in 1994 and was at its lowest, 55.4%, in 2020.
That places Latvia 116th out of 190 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 32 years of available data.
Households and NPISHs final consumption expenditure in Latvia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1994 | 76.6% | — |
| 1995 | 66.4% | -13.4% |
| 1996 | 68.7% | +3.4% |
| 1997 | 67.8% | -1.3% |
| 1998 | 64.5% | -4.9% |
| 1999 | 65.8% | +2.1% |
| 2000 | 63.0% | -4.2% |
| 2001 | 62.3% | -1.2% |
| 2002 | 61.4% | -1.5% |
| 2003 | 61.3% | -0.2% |
| 2004 | 62.3% | +1.7% |
| 2005 | 61.1% | -2.0% |
| 2006 | 63.1% | +3.2% |
| 2007 | 59.0% | -6.5% |
| 2008 | 56.5% | -4.2% |
| 2009 | 59.3% | +5.0% |
| 2010 | 62.7% | +5.7% |
| 2011 | 60.9% | -2.8% |
| 2012 | 59.7% | -1.9% |
| 2013 | 61.4% | +2.8% |
| 2014 | 60.1% | -2.0% |
| 2015 | 58.9% | -2.1% |
| 2016 | 59.7% | +1.4% |
| 2017 | 59.4% | -0.4% |
| 2018 | 58.4% | -1.7% |
| 2019 | 57.4% | -1.7% |
| 2020 | 55.4% | -3.4% |
| 2021 | 55.6% | +0.4% |
| 2022 | 59.5% | +6.9% |
| 2023 | 58.0% | -2.6% |
| 2024 | 58.4% | +0.8% |
| 2025 | 57.6% | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 68.3% | 64.5% | 76.6% | 6 |
| 2000s | 60.9% | 56.5% | 63.1% | 10 |
| 2010s | 59.9% | 57.4% | 62.7% | 10 |
| 2020s | 57.4% | 55.4% | 59.5% | 6 |
Countries ranked near Latvia
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 in Latvia?
- Households and npishs final consumption expenditure in Latvia was 57.6% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Latvia?
- The highest recorded value was 76.6% in 1994.
- What is the lowest households and npishs final consumption expenditure recorded in Latvia?
- The lowest recorded value was 55.4% in 2020.
- How does Latvia rank for households and npishs final consumption expenditure?
- Latvia ranks 116th 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 down 2.1%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Households and NPISHs final consumption expenditure (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.