Households and NPISHs Final consumption expenditure, PPP (current) in Latvia

Latvia: Households and NPISHs Final consumption expenditure, PPP (current) was 24,300 current international $ per person in 2025. ◆ Volatile

Latest (2025)
24,300 current international $ per person
Change on year
up 1.8%
World rank
45th
of 182 countries
All-time high
24,300 current international $ per person
in 2025
All-time low
3,117 current international $ per person
in 1995
Years of data
32
1994–2025

Households and NPISHs Final consumption expenditure, PPP (current) in Latvia, 1994–2025

5.0k10.0k15.0k20.0k25.0k1994200920251994: 3.2k current international $ per person1995: 3.1k current international $ per person1996: 3.4k current international $ per person1997: 3.7k current international $ per person1998: 3.8k current international $ per person1999: 4.0k current international $ per person2000: 4.3k current international $ per person2001: 4.8k current international $ per person2002: 5.2k current international $ per person2003: 5.7k current international $ per person2004: 6.4k current international $ per person2005: 7.3k current international $ per person2006: 8.5k current international $ per person2007: 9.6k current international $ per person2008: 9.4k current international $ per person2009: 8.4k current international $ per person2010: 9.3k current international $ per person2011: 9.8k current international $ per person2012: 10.7k current international $ per person2013: 11.9k current international $ per person2014: 12.1k current international $ per person2015: 12.4k current international $ per person2016: 13.3k current international $ per person2017: 14.2k current international $ per person2018: 15.1k current international $ per person2019: 16.0k current international $ per person2020: 15.5k current international $ per person2021: 18.3k current international $ per person2022: 21.3k current international $ per person2023: 22.9k current international $ per person2024: 23.9k current international $ per person2025: 24.3k current international $ per person

Source: Statizoid (derived). Measured in current international $ per person.

Analysis

In 2025, households and npishs final consumption expenditure, ppp (current) in Latvia stood at 24,300 current international $ per person. That is the highest value across all 32 years on record.

Compared with earlier readings it is up 1.8% on the previous year and up 95.7% over ten years.

Over the whole period, households and npishs final consumption expenditure, ppp (current) in Latvia peaked at 24,300 current international $ per person in 2025 and was at its lowest, 3,117 current international $ per person, in 1995.

That places Latvia 45th out of 182 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Households and NPISHs Final consumption expenditure, PPP (current) in Latvia, year by year

Annual values for Households and NPISHs Final consumption expenditure, PPP (current international $), per capita in Latvia, 1994 to 2025.
Year current international $ per person Change
1994 3,208 current international $ per person —
1995 3,117 current international $ per person -2.8%
1996 3,373 current international $ per person +8.2%
1997 3,673 current international $ per person +8.9%
1998 3,795 current international $ per person +3.3%
1999 4,020 current international $ per person +5.9%
2000 4,321 current international $ per person +7.5%
2001 4,841 current international $ per person +12.0%
2002 5,242 current international $ per person +8.3%
2003 5,661 current international $ per person +8.0%
2004 6,421 current international $ per person +13.4%
2005 7,260 current international $ per person +13.1%
2006 8,510 current international $ per person +17.2%
2007 9,609 current international $ per person +12.9%
2008 9,448 current international $ per person -1.7%
2009 8,388 current international $ per person -11.2%
2010 9,346 current international $ per person +11.4%
2011 9,778 current international $ per person +4.6%
2012 10,674 current international $ per person +9.2%
2013 11,870 current international $ per person +11.2%
2014 12,068 current international $ per person +1.7%
2015 12,414 current international $ per person +2.9%
2016 13,300 current international $ per person +7.1%
2017 14,165 current international $ per person +6.5%
2018 15,081 current international $ per person +6.5%
2019 15,993 current international $ per person +6.0%
2020 15,476 current international $ per person -3.2%
2021 18,308 current international $ per person +18.3%
2022 21,320 current international $ per person +16.5%
2023 22,866 current international $ per person +7.2%
2024 23,868 current international $ per person +4.4%
2025 24,300 current international $ per person +1.8%

Latvia compared with similar countries

  • Latvia's 24,300 current international $ per person is below the median for high income countries, which is 28,294 current international $ per person, 86% of the median. (66 countries reporting)
  • Latvia's 24,300 current international $ per person is below the median for Europe & Central Asia, which is 25,874 current international $ per person, 94% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 3,531 current international $ per person 3,117 current international $ per person 4,020 current international $ per person 6
2000s 6,970 current international $ per person 4,321 current international $ per person 9,609 current international $ per person 10
2010s 12,469 current international $ per person 9,346 current international $ per person 15,993 current international $ per person 10
2020s 21,023 current international $ per person 15,476 current international $ per person 24,300 current international $ per person 6

Countries ranked near Latvia

  1. 42 Cyprus 25,438 current international $ per person compare
  2. 43 Czechia 25,404 current international $ per person compare
  3. 44 Russia 24,888 current international $ per person compare
  4. 46 Montenegro 24,288 current international $ per person compare
  5. 47 Malaysia 24,224 current international $ per person compare
  6. 48 Estonia 23,878 current international $ per person compare

See the full ranking of 225 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is households and npishs final consumption expenditure, ppp (current) in Latvia?
Households and npishs final consumption expenditure, ppp (current) in Latvia was 24,300 current international $ per person in 2025, according to Statizoid (derived).
What is the highest households and npishs final consumption expenditure, ppp (current) recorded in Latvia?
The highest recorded value was 24,300 current international $ per person in 2025.
What is the lowest households and npishs final consumption expenditure, ppp (current) recorded in Latvia?
The lowest recorded value was 3,117 current international $ per person in 1995.
How does Latvia rank for households and npishs final consumption expenditure, ppp (current)?
Latvia ranks 45th out of 182 countries with data for 2025.
Is households and npishs final consumption expenditure, ppp (current) rising or falling in Latvia?
Over the last ten years it is up 95.7%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Statizoid (derived), published as part of Households and NPISHs Final consumption expenditure, PPP (current international $), per capita. Statizoid updates them automatically from the source API.

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Households and NPISHs Final consumption expenditure, PPP (current) in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/households-and-npishs-final-consumption-expenditure-ppp-current-international-per-capita/latvia/

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How this figure is calculated

Households and NPISHs Final consumption expenditure, PPP (current international $) divided by Population, total, 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 (current international $) ÷ Population, total

Computed from

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

Indicator
Households and NPISHs Final consumption expenditure, PPP (current international $), per capita
Unit
current international $ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
225 places, 6,836 data points, 1990–2025
Last refreshed

Households and NPISHs Final consumption expenditure, PPP (current international $) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.