General government final consumption expenditure in Latvia
Latvia: General government final consumption expenditure was 6.96 billion constant LCU in 2025. ▲ Rising
General government final consumption expenditure in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, general government final consumption expenditure in Latvia stood at 6.96 billion constant LCU. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 7.0% on the previous year and up 35.1% over ten years.
Over the whole period, general government final consumption expenditure in Latvia peaked at 6.96 billion constant LCU in 2025 and was at its lowest, 3.78 billion constant LCU, in 1996.
That places Latvia 147th out of 175 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.05 billion constant LCU | 3.78 billion constant LCU | 4.34 billion constant LCU | 5 |
| 2000s | 4.97 billion constant LCU | 4.20 billion constant LCU | 5.72 billion constant LCU | 10 |
| 2010s | 5.15 billion constant LCU | 4.70 billion constant LCU | 5.90 billion constant LCU | 10 |
| 2020s | 6.48 billion constant LCU | 6.13 billion constant LCU | 6.96 billion constant LCU | 6 |
Countries ranked near Latvia
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 general government final consumption expenditure in Latvia?
- General government final consumption expenditure in Latvia was 6.96 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Latvia?
- The highest recorded value was 6.96 billion constant LCU in 2025.
- What is the lowest general government final consumption expenditure recorded in Latvia?
- The lowest recorded value was 3.78 billion constant LCU in 1996.
- How does Latvia rank for general government final consumption expenditure?
- Latvia ranks 147th out of 175 countries with data for 2025.
- Is general government final consumption expenditure rising or falling in Latvia?
- Over the last ten years it is up 35.1%. The long-run trend across the full record is rising.
- 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 General government final consumption expenditure (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.