Households and NPISHs Final consumption expenditure, PPP in Latvia
Latvia: Households and NPISHs Final consumption expenditure, PPP was 44.90 billion current international $ in 2025. ◆ Volatile
Households and NPISHs Final consumption expenditure, PPP in Latvia, 1994–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
Latvia recorded 44.90 billion current international $ for households and npishs final consumption expenditure, ppp in 2025. That is the highest value across all 32 years on record.
That represents a change of up 0.8% on the previous year and up 82.9% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Latvia peaked at 44.90 billion current international $ in 2025 and was at its lowest, 7.75 billion current international $, in 1995.
Latvia ranks 109th of 181 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure, PPP in Latvia, year by year
| Year | current international $ | Change |
|---|---|---|
| 1994 | 8.09 billion current international $ | — |
| 1995 | 7.75 billion current international $ | -4.2% |
| 1996 | 8.29 billion current international $ | +7.0% |
| 1997 | 8.94 billion current international $ | +7.8% |
| 1998 | 9.15 billion current international $ | +2.4% |
| 1999 | 9.61 billion current international $ | +5.0% |
| 2000 | 10.23 billion current international $ | +6.5% |
| 2001 | 11.31 billion current international $ | +10.6% |
| 2002 | 12.11 billion current international $ | +7.0% |
| 2003 | 12.95 billion current international $ | +7.0% |
| 2004 | 14.53 billion current international $ | +12.2% |
| 2005 | 16.25 billion current international $ | +11.8% |
| 2006 | 18.88 billion current international $ | +16.2% |
| 2007 | 21.14 billion current international $ | +12.0% |
| 2008 | 20.57 billion current international $ | -2.7% |
| 2009 | 17.96 billion current international $ | -12.7% |
| 2010 | 19.60 billion current international $ | +9.1% |
| 2011 | 20.14 billion current international $ | +2.7% |
| 2012 | 21.71 billion current international $ | +7.8% |
| 2013 | 23.89 billion current international $ | +10.0% |
| 2014 | 24.06 billion current international $ | +0.7% |
| 2015 | 24.55 billion current international $ | +2.0% |
| 2016 | 26.06 billion current international $ | +6.2% |
| 2017 | 27.51 billion current international $ | +5.6% |
| 2018 | 29.06 billion current international $ | +5.6% |
| 2019 | 30.61 billion current international $ | +5.3% |
| 2020 | 29.41 billion current international $ | -3.9% |
| 2021 | 34.50 billion current international $ | +17.3% |
| 2022 | 40.07 billion current international $ | +16.1% |
| 2023 | 43.07 billion current international $ | +7.5% |
| 2024 | 44.54 billion current international $ | +3.4% |
| 2025 | 44.90 billion current international $ | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.64 billion current international $ | 7.75 billion current international $ | 9.61 billion current international $ | 6 |
| 2000s | 15.59 billion current international $ | 10.23 billion current international $ | 21.14 billion current international $ | 10 |
| 2010s | 24.72 billion current international $ | 19.60 billion current international $ | 30.61 billion current international $ | 10 |
| 2020s | 39.42 billion current international $ | 29.41 billion current international $ | 44.90 billion current international $ | 6 |
Countries ranked near Latvia
- 106 Uruguay 47.28 billion current international $ compare
- 107 Nicaragua 45.82 billion current international $ compare
- 108 Guinea 45.49 billion current international $ compare
- 110 Libya 44.04 billion current international $ compare
- 111 Niger 43.03 billion current international $ compare
- 112 Benin 42.49 billion current international $ compare
More economy & growth data for Latvia
- 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)
- Industry (including construction), value added (constant LCU), annual 4.38 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.1151 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 3,029 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 9.67 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6425 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 16,904 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.05 % change on previous year (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Latvia?
- Households and npishs final consumption expenditure, ppp in Latvia was 44.90 billion current international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Latvia?
- The highest recorded value was 44.90 billion current international $ in 2025.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Latvia?
- The lowest recorded value was 7.75 billion current international $ in 1995.
- How does Latvia rank for households and npishs final consumption expenditure, ppp?
- Latvia ranks 109th out of 181 countries with data for 2025.
- Is households and npishs final consumption expenditure, ppp rising or falling in Latvia?
- Over the last ten years it is up 82.9%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of Households and NPISHs Final consumption expenditure, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure expressed in current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.