Households and NPISHs Final consumption expenditure … unit GDP PPP in Latvia

Latvia: Households and NPISHs Final consumption expenditure, PPP (current) was 0.9235 current international $ per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.9235 current international $ per US$ of GDP
Change on year
down 8.8%
World rank
122nd
of 182 countries
All-time high
1.43 current international $ per US$ of GDP
in 1996
All-time low
0.6026 current international $ per US$ of GDP
in 2008
Years of data
31
1995–2025

Households and NPISHs Final consumption expenditure, PPP (current) in Latvia, 1995–2025

00.511.51995201020251995: 1.4 current international $ per US$ of GDP1996: 1.4 current international $ per US$ of GDP1997: 1.4 current international $ per US$ of GDP1998: 1.3 current international $ per US$ of GDP1999: 1.3 current international $ per US$ of GDP2000: 1.3 current international $ per US$ of GDP2001: 1.4 current international $ per US$ of GDP2002: 1.3 current international $ per US$ of GDP2003: 1.2 current international $ per US$ of GDP2004: 1.1 current international $ per US$ of GDP2005: 0.997 current international $ per US$ of GDP2006: 0.924 current international $ per US$ of GDP2007: 0.719 current international $ per US$ of GDP2008: 0.603 current international $ per US$ of GDP2009: 0.699 current international $ per US$ of GDP2010: 0.835 current international $ per US$ of GDP2011: 0.758 current international $ per US$ of GDP2012: 0.801 current international $ per US$ of GDP2013: 0.82 current international $ per US$ of GDP2014: 0.795 current international $ per US$ of GDP2015: 0.932 current international $ per US$ of GDP2016: 0.961 current international $ per US$ of GDP2017: 0.936 current international $ per US$ of GDP2018: 0.874 current international $ per US$ of GDP2019: 0.925 current international $ per US$ of GDP2020: 0.881 current international $ per US$ of GDP2021: 0.904 current international $ per US$ of GDP2022: 1.1 current international $ per US$ of GDP2023: 1 current international $ per US$ of GDP2024: 1 current international $ per US$ of GDP2025: 0.924 current international $ per US$ of GDP

Source: Statizoid (derived). Measured in current international $ per US$ of GDP.

Analysis

In 2025, households and npishs final consumption expenditure, ppp (current) in Latvia stood at 0.9235 current international $ per US$ of GDP.

The figure is down 8.8% on the previous year and down 0.9% over ten years.

Over the whole period, households and npishs final consumption expenditure, ppp (current) in Latvia peaked at 1.43 current international $ per US$ of GDP in 1996 and was at its lowest, 0.6026 current international $ per US$ of GDP, in 2008.

Latvia ranks 122nd of 182 countries on this measure, 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 (current) in Latvia, year by year

Annual values for Households and NPISHs Final consumption expenditure, PPP (current international $), per unit of GDP in Latvia, 1995 to 2025.
Year current international $ per US$ of GDP Change
1995 1.38 current international $ per US$ of GDP —
1996 1.43 current international $ per US$ of GDP +3.5%
1997 1.41 current international $ per US$ of GDP -1.5%
1998 1.31 current international $ per US$ of GDP -6.8%
1999 1.31 current international $ per US$ of GDP +0.0%
2000 1.32 current international $ per US$ of GDP +0.5%
2001 1.38 current international $ per US$ of GDP +4.8%
2002 1.31 current international $ per US$ of GDP -5.2%
2003 1.15 current international $ per US$ of GDP -12.0%
2004 1.05 current international $ per US$ of GDP -8.8%
2005 0.9967 current international $ per US$ of GDP -5.2%
2006 0.9239 current international $ per US$ of GDP -7.3%
2007 0.7186 current international $ per US$ of GDP -22.2%
2008 0.6026 current international $ per US$ of GDP -16.1%
2009 0.6992 current international $ per US$ of GDP +16.0%
2010 0.8353 current international $ per US$ of GDP +19.5%
2011 0.7578 current international $ per US$ of GDP -9.3%
2012 0.8007 current international $ per US$ of GDP +5.7%
2013 0.8195 current international $ per US$ of GDP +2.3%
2014 0.7947 current international $ per US$ of GDP -3.0%
2015 0.9318 current international $ per US$ of GDP +17.3%
2016 0.9611 current international $ per US$ of GDP +3.1%
2017 0.9361 current international $ per US$ of GDP -2.6%
2018 0.8741 current international $ per US$ of GDP -6.6%
2019 0.9247 current international $ per US$ of GDP +5.8%
2020 0.8811 current international $ per US$ of GDP -4.7%
2021 0.9036 current international $ per US$ of GDP +2.5%
2022 1.05 current international $ per US$ of GDP +16.7%
2023 1.01 current international $ per US$ of GDP -4.5%
2024 1.01 current international $ per US$ of GDP +0.5%
2025 0.9235 current international $ per US$ of GDP -8.8%

Latvia compared with similar countries

  • Latvia's 0.9235 current international $ per US$ of GDP is above the median for high income countries, which is 0.7292 current international $ per US$ of GDP, 1.3× the median. (66 countries reporting)
  • Latvia's 0.9235 current international $ per US$ of GDP is above the median for Europe & Central Asia, which is 0.9235 current international $ per US$ of GDP, 1.0× the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.37 current international $ per US$ of GDP 1.31 current international $ per US$ of GDP 1.43 current international $ per US$ of GDP 5
2000s 1.02 current international $ per US$ of GDP 0.6026 current international $ per US$ of GDP 1.38 current international $ per US$ of GDP 10
2010s 0.8636 current international $ per US$ of GDP 0.7578 current international $ per US$ of GDP 0.9611 current international $ per US$ of GDP 10
2020s 0.9636 current international $ per US$ of GDP 0.8811 current international $ per US$ of GDP 1.05 current international $ per US$ of GDP 6

Countries ranked near Latvia

  1. 119 Portugal 0.9393 current international $ per US$ of GDP compare
  2. 120 Haiti 0.9315 current international $ per US$ of GDP compare
  3. 121 Saudi Arabia 0.9258 current international $ per US$ of GDP compare
  4. 123 Slovakia 0.9177 current international $ per US$ of GDP compare
  5. 124 Libya 0.9156 current international $ per US$ of GDP compare
  6. 125 Solomon Islands 0.9115 current international $ per US$ of GDP 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 0.9235 current international $ per US$ of GDP 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 1.43 current international $ per US$ of GDP in 1996.
What is the lowest households and npishs final consumption expenditure, ppp (current) recorded in Latvia?
The lowest recorded value was 0.6026 current international $ per US$ of GDP in 2008.
How does Latvia rank for households and npishs final consumption expenditure, ppp (current)?
Latvia ranks 122nd 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 down 0.9%. 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 (current international $), per unit of GDP. 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 07 October 2026, from https://economy.statizoid.com/stat/households-and-npishs-final-consumption-expenditure-ppp-current-international-per-unit-of/latvia/

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How this figure is calculated

Households and NPISHs Final consumption expenditure, PPP (current 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 (current international $) ÷ GDP (current US$)

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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 unit of GDP
Unit
current international $ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
225 places, 6,835 data points, 1990–2025
Last refreshed

Households and NPISHs Final consumption expenditure, PPP (current 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.