Final consumption expenditure in Latvia
Latvia: Final consumption expenditure was 34.65 billion current LCU in 2025. ◆ Volatile
Final consumption expenditure in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Latvia recorded 34.65 billion current LCU for final consumption expenditure in 2025. That is the highest value across all 31 years on record.
That represents a change of up 6.4% on the previous year and up 89.4% over ten years.
Over the whole period, final consumption expenditure in Latvia peaked at 34.65 billion current LCU in 2025 and was at its lowest, 3.49 billion current LCU, in 1995.
Latvia ranks 154th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.52 billion current LCU | 3.49 billion current LCU | 5.34 billion current LCU | 5 |
| 2000s | 10.66 billion current LCU | 5.57 billion current LCU | 17.82 billion current LCU | 10 |
| 2010s | 18.29 billion current LCU | 14.39 billion current LCU | 22.73 billion current LCU | 10 |
| 2020s | 29.12 billion current LCU | 22.33 billion current LCU | 34.65 billion current LCU | 6 |
Countries ranked near Latvia
- 151 Eritrea 39.62 billion current LCU compare
- 152 South Sudan 37.40 billion current LCU compare
- 153 El Salvador 35.88 billion current LCU compare
- 155 Kuwait 33.25 billion current LCU compare
- 156 Seychelles 33.16 billion current LCU compare
- 157 Estonia 30.85 billion current LCU compare
More economy & growth data for Latvia
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 849.88 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 919.89 million current US$ (2024)
- Taxes less subsidies on products 5.62 billion current LCU (2025)
- Taxes less subsidies on products 6.35 billion current US$ (2025)
- Net primary income (Net income from abroad) -836.82 million current LCU (2024)
- Net primary income (Net income from abroad) -905.76 million current US$ (2024)
- GNI per capita 23,085 current LCU (2025)
- GNI per capita, Atlas method 24,980 current US$ (2025)
- GNI 42.66 billion current LCU (2025)
Frequently asked questions
- What is final consumption expenditure in Latvia?
- Final consumption expenditure in Latvia was 34.65 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Latvia?
- The highest recorded value was 34.65 billion current LCU in 2025.
- What is the lowest final consumption expenditure recorded in Latvia?
- The lowest recorded value was 3.49 billion current LCU in 1995.
- How does Latvia rank for final consumption expenditure?
- Latvia ranks 154th out of 187 countries with data for 2025.
- Is final consumption expenditure rising or falling in Latvia?
- Over the last ten years it is up 89.4%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.