Share of household consumption in GDP vs. GDP per capita in Latvia
Latvia: Share of household consumption in GDP vs. GDP per capita was 53.9% in 2023. ▲ Rising
Share of household consumption in GDP vs. GDP per capita in Latvia, 1990–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for share of household consumption in gdp vs. gdp per capita in Latvia is 53.9%, measured in 2023.
The figure is down 4.3% on the previous year and down 13.5% over ten years.
Over the whole period, share of household consumption in gdp vs. gdp per capita in Latvia peaked at 66.2% in 2007 and was at its lowest, 41.8%, in 1992.
Latvia ranks 124th of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Share of household consumption in GDP vs. GDP per capita in Latvia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 64.1% | — |
| 1991 | 53.7% | -16.2% |
| 1992 | 41.8% | -22.2% |
| 1993 | 44.8% | +7.3% |
| 1994 | 46.7% | +4.2% |
| 1995 | 48.1% | +2.9% |
| 1996 | 51.4% | +6.9% |
| 1997 | 54.5% | +6.0% |
| 1998 | 53.6% | -1.6% |
| 1999 | 56.3% | +4.9% |
| 2000 | 54.8% | -2.6% |
| 2001 | 54.5% | -0.6% |
| 2002 | 55.0% | +1.0% |
| 2003 | 56.3% | +2.2% |
| 2004 | 59.1% | +5.0% |
| 2005 | 61.0% | +3.3% |
| 2006 | 65.5% | +7.4% |
| 2007 | 66.2% | +1.0% |
| 2008 | 61.0% | -7.9% |
| 2009 | 56.5% | -7.3% |
| 2010 | 60.1% | +6.3% |
| 2011 | 59.7% | -0.6% |
| 2012 | 60.1% | +0.7% |
| 2013 | 62.3% | +3.7% |
| 2014 | 59.2% | -5.0% |
| 2015 | 56.5% | -4.5% |
| 2016 | 56.5% | -0.0% |
| 2017 | 55.4% | -2.0% |
| 2018 | 54.9% | -0.8% |
| 2019 | 54.9% | -0.1% |
| 2020 | 52.9% | -3.6% |
| 2021 | 53.4% | +0.9% |
| 2022 | 56.4% | +5.6% |
| 2023 | 53.9% | -4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 51.5% | 41.8% | 64.1% | 10 |
| 2000s | 59.0% | 54.5% | 66.2% | 10 |
| 2010s | 58.0% | 54.9% | 62.3% | 10 |
| 2020s | 54.2% | 52.9% | 56.4% | 4 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Households and NPISHs Final consumption expenditure (current LCU) 4.4 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.5099 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 13,417 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.7513 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3809 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 10,022 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 11.05 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8052 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 21,187 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 6.37 % change on previous year (2025)
Frequently asked questions
- What is share of household consumption in gdp vs. gdp per capita in Latvia?
- Share of household consumption in gdp vs. gdp per capita in Latvia was 53.9% in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest share of household consumption in gdp vs. gdp per capita recorded in Latvia?
- The highest recorded value was 66.2% in 2007.
- What is the lowest share of household consumption in gdp vs. gdp per capita recorded in Latvia?
- The lowest recorded value was 41.8% in 1992.
- How does Latvia rank for share of household consumption in gdp vs. gdp per capita?
- Latvia ranks 124th out of 184 countries with data for 2023.
- Is share of household consumption in gdp vs. gdp per capita rising or falling in Latvia?
- Over the last ten years it is down 13.5%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of household consumption in GDP vs. GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Household consumption divided by gross domestic product, expressed as a percentage.