Gross national expenditure in Latvia
Latvia: Gross national expenditure was 50.84 billion current US$ in 2025. ◆ Volatile
Gross national expenditure in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross national expenditure in Latvia is 50.84 billion current US$, measured in 2025. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 13.8% on the previous year and up 90.7% over ten years.
Over the whole period, gross national expenditure in Latvia peaked at 50.84 billion current US$ in 2025 and was at its lowest, 5.88 billion current US$, in 1995.
Latvia ranks 93rd of 185 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.01 billion current US$ | 5.88 billion current US$ | 8.06 billion current US$ | 5 |
| 2000s | 20.03 billion current US$ | 8.40 billion current US$ | 38.67 billion current US$ | 10 |
| 2010s | 29.22 billion current US$ | 23.97 billion current US$ | 33.41 billion current US$ | 10 |
| 2020s | 42.01 billion current US$ | 32.90 billion current US$ | 50.84 billion current US$ | 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 gross national expenditure in Latvia?
- Gross national expenditure in Latvia was 50.84 billion current US$ 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 50.84 billion current US$ in 2025.
- What is the lowest gross national expenditure recorded in Latvia?
- The lowest recorded value was 5.88 billion current US$ in 1995.
- How does Latvia rank for gross national expenditure?
- Latvia ranks 93rd 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 90.7%. 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 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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 indicator is expressed in United States dollars.