Gross national expenditure in Latvia

Latvia: Gross national expenditure was 45.00 billion current LCU in 2025. ◆ Volatile

Latest (2025)
45.00 billion current LCU
Change on year
up 9.0%
World rank
150th
of 185 countries
All-time high
45.00 billion current LCU
in 2025
All-time low
4.12 billion current LCU
in 1995
Years of data
31
1995–2025

Gross national expenditure in Latvia, 1995–2025

010.0B20.0B30.0B40.0B1995201020251995: 4.1B current LCU1996: 5.0B current LCU1997: 5.7B current LCU1998: 6.6B current LCU1999: 6.7B current LCU2000: 7.2B current LCU2001: 8.1B current LCU2002: 9.0B current LCU2003: 10.3B current LCU2004: 12.3B current LCU2005: 15.1B current LCU2006: 19.8B current LCU2007: 25.8B current LCU2008: 26.5B current LCU2009: 18.9B current LCU2010: 18.1B current LCU2011: 20.3B current LCU2012: 22.3B current LCU2013: 22.9B current LCU2014: 23.5B current LCU2015: 24.0B current LCU2016: 24.4B current LCU2017: 26.1B current LCU2018: 28.3B current LCU2019: 29.6B current LCU2020: 28.8B current LCU2021: 33.3B current LCU2022: 37.9B current LCU2023: 41.0B current LCU2024: 41.3B current LCU2025: 45.0B current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

The most recent figure for gross national expenditure in Latvia is 45.00 billion current LCU, measured in 2025. That is the highest value across all 31 years on record.

Compared with earlier readings it is up 9.0% on the previous year and up 87.3% over ten years.

Over the whole period, gross national expenditure in Latvia peaked at 45.00 billion current LCU in 2025 and was at its lowest, 4.12 billion current LCU, in 1995.

Latvia ranks 150th of 185 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

DecadeAverage LowestHighest Years
1990s 5.62 billion current LCU 4.12 billion current LCU 6.71 billion current LCU 5
2000s 15.30 billion current LCU 7.25 billion current LCU 26.46 billion current LCU 10
2010s 23.95 billion current LCU 18.10 billion current LCU 29.63 billion current LCU 10
2020s 37.88 billion current LCU 28.80 billion current LCU 45.00 billion current LCU 6

Countries ranked near Latvia

  1. 147 Slovenia 66.71 billion current LCU compare
  2. 148 Luxembourg 61.63 billion current LCU compare
  3. 149 El Salvador 45.54 billion current LCU compare
  4. 151 Eritrea 43.63 billion current LCU compare
  5. 152 Estonia 41.19 billion current LCU compare
  6. 153 Kuwait 40.70 billion current LCU compare

See the full ranking of 185 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is gross national expenditure in Latvia?
Gross national expenditure in Latvia was 45.00 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross national expenditure recorded in Latvia?
The highest recorded value was 45.00 billion current LCU in 2025.
What is the lowest gross national expenditure recorded in Latvia?
The lowest recorded value was 4.12 billion current LCU in 1995.
How does Latvia rank for gross national expenditure?
Latvia ranks 150th out of 185 countries with data for 2025.
Is gross national expenditure rising or falling in Latvia?
Over the last ten years it is up 87.3%. 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 Gross national expenditure (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross national expenditure (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,556 data points, 1960–2025
Last refreshed

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. 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.