Households and NPISHs Final consumption expenditure, PPP (constant) in Latvia
Latvia: Households and NPISHs Final consumption expenditure, PPP (constant) was 0.745 constant 2021 international $ per US$ of GDP in 2025. ▼ Falling
Households and NPISHs Final consumption expenditure, PPP (constant) in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant 2021 international $ per US$ of GDP.
Analysis
Latvia recorded 0.745 constant 2021 international $ per US$ of GDP for households and npishs final consumption expenditure, ppp (constant) in 2025. That is the lowest value across all 31 years on record.
Compared with earlier readings it is down 8.8% on the previous year and down 35.3% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp (constant) in Latvia peaked at 2.59 constant 2021 international $ per US$ of GDP in 1996 and was at its lowest, 0.745 constant 2021 international $ per US$ of GDP, in 2025.
That places Latvia 117th out of 170 countries with data for 2025, putting it 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, PPP (constant) in Latvia, year by year
| Year | constant 2021 international $ per US$ of GDP | Change |
|---|---|---|
| 1995 | 2.55 constant 2021 international $ per US$ of GDP | — |
| 1996 | 2.59 constant 2021 international $ per US$ of GDP | +1.5% |
| 1997 | 2.51 constant 2021 international $ per US$ of GDP | -3.1% |
| 1998 | 2.31 constant 2021 international $ per US$ of GDP | -8.1% |
| 1999 | 2.27 constant 2021 international $ per US$ of GDP | -1.7% |
| 2000 | 2.19 constant 2021 international $ per US$ of GDP | -3.5% |
| 2001 | 2.18 constant 2021 international $ per US$ of GDP | -0.4% |
| 2002 | 2.06 constant 2021 international $ per US$ of GDP | -5.3% |
| 2003 | 1.83 constant 2021 international $ per US$ of GDP | -11.2% |
| 2004 | 1.64 constant 2021 international $ per US$ of GDP | -10.2% |
| 2005 | 1.56 constant 2021 international $ per US$ of GDP | -5.5% |
| 2006 | 1.49 constant 2021 international $ per US$ of GDP | -4.3% |
| 2007 | 1.16 constant 2021 international $ per US$ of GDP | -22.3% |
| 2008 | 0.9047 constant 2021 international $ per US$ of GDP | -21.8% |
| 2009 | 0.9739 constant 2021 international $ per US$ of GDP | +7.7% |
| 2010 | 1.11 constant 2021 international $ per US$ of GDP | +13.6% |
| 2011 | 0.983 constant 2021 international $ per US$ of GDP | -11.1% |
| 2012 | 1.02 constant 2021 international $ per US$ of GDP | +3.8% |
| 2013 | 1.01 constant 2021 international $ per US$ of GDP | -0.7% |
| 2014 | 0.9838 constant 2021 international $ per US$ of GDP | -2.9% |
| 2015 | 1.15 constant 2021 international $ per US$ of GDP | +17.0% |
| 2016 | 1.16 constant 2021 international $ per US$ of GDP | +0.9% |
| 2017 | 1.1 constant 2021 international $ per US$ of GDP | -5.1% |
| 2018 | 1.01 constant 2021 international $ per US$ of GDP | -8.4% |
| 2019 | 1.01 constant 2021 international $ per US$ of GDP | +0.3% |
| 2020 | 0.9566 constant 2021 international $ per US$ of GDP | -5.6% |
| 2021 | 0.9036 constant 2021 international $ per US$ of GDP | -5.5% |
| 2022 | 0.9538 constant 2021 international $ per US$ of GDP | +5.6% |
| 2023 | 0.8397 constant 2021 international $ per US$ of GDP | -12.0% |
| 2024 | 0.8171 constant 2021 international $ per US$ of GDP | -2.7% |
| 2025 | 0.745 constant 2021 international $ per US$ of GDP | -8.8% |
Latvia compared with similar countries
- Latvia's 0.745 constant 2021 international $ per US$ of GDP is above the median for high income countries, which is 0.6072 constant 2021 international $ per US$ of GDP, 1.2× the median. (62 countries reporting)
- Latvia's 0.745 constant 2021 international $ per US$ of GDP is above the median for Europe & Central Asia, which is 0.7442 constant 2021 international $ per US$ of GDP, 1.0× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.44 constant 2021 international $ per US$ of GDP | 2.27 constant 2021 international $ per US$ of GDP | 2.59 constant 2021 international $ per US$ of GDP | 5 |
| 2000s | 1.6 constant 2021 international $ per US$ of GDP | 0.9047 constant 2021 international $ per US$ of GDP | 2.19 constant 2021 international $ per US$ of GDP | 10 |
| 2010s | 1.05 constant 2021 international $ per US$ of GDP | 0.983 constant 2021 international $ per US$ of GDP | 1.16 constant 2021 international $ per US$ of GDP | 10 |
| 2020s | 0.8693 constant 2021 international $ per US$ of GDP | 0.745 constant 2021 international $ per US$ of GDP | 0.9566 constant 2021 international $ per US$ of GDP | 6 |
Countries ranked near Latvia
- 114 Vanuatu 0.7837 constant 2021 international $ per US$ of GDP compare
- 115 Saudi Arabia 0.7707 constant 2021 international $ per US$ of GDP compare
- 116 Hungary 0.7474 constant 2021 international $ per US$ of GDP compare
- 118 Portugal 0.7442 constant 2021 international $ per US$ of GDP compare
- 119 Hong Kong 0.7239 constant 2021 international $ per US$ of GDP compare
- 120 Lithuania 0.7226 constant 2021 international $ per US$ of GDP compare
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, ppp (constant) in Latvia?
- Households and npishs final consumption expenditure, ppp (constant) in Latvia was 0.745 constant 2021 international $ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure, ppp (constant) recorded in Latvia?
- The highest recorded value was 2.59 constant 2021 international $ per US$ of GDP in 1996.
- What is the lowest households and npishs final consumption expenditure, ppp (constant) recorded in Latvia?
- The lowest recorded value was 0.745 constant 2021 international $ per US$ of GDP in 2025.
- How does Latvia rank for households and npishs final consumption expenditure, ppp (constant)?
- Latvia ranks 117th out of 170 countries with data for 2025.
- Is households and npishs final consumption expenditure, ppp (constant) rising or falling in Latvia?
- Over the last ten years it is down 35.3%. 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, PPP (constant 2021 international $), 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, PPP (constant 2021 international $) divided by GDP (current US$), 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, PPP (constant 2021 international $) ÷ GDP (current US$)
Computed from
- Households and NPISHs Final consumption expenditure, PPP International Comparison Program (ICP), World Bank (WB)
- 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, PPP (constant 2021 international $) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.