Household consumption (% of GDP) in Latvia in 2025 — 57.6%. Ranked 80 in the world out of 131. Since 1994, the indicator has fallen by 19 pp.
1994–2025 · % of GDP
How the value compares with the world and the groups this territory belongs to: Latvia
| Year | % | Change, pp |
|---|---|---|
| 2025 | 57.6 | −0.8 pp |
| 2024 | 58.4 | +0.4 pp |
| 2023 | 58 | −1.5 pp |
| 2022 | 59.5 | +3.9 pp |
| 2021 | 55.6 | +0.2 pp |
| 2020 | 55.4 | −2 pp |
| 2019 | 57.4 | −1 pp |
| 2018 | 58.4 | −1 pp |
| 2017 | 59.4 | −0.3 pp |
| 2016 | 59.7 | +0.8 pp |
| 2015 | 58.9 | −1.3 pp |
| 2014 | 60.1 | −1.2 pp |
| 2013 | 61.4 | +1.7 pp |
| 2012 | 59.7 | −1.2 pp |
| 2011 | 60.9 | −1.8 pp |
| 2010 | 62.7 | +3.4 pp |
| 2009 | 59.3 | +2.8 pp |
| 2008 | 56.5 | −2.5 pp |
| 2007 | 59 | −4.1 pp |
| 2006 | 63.1 | +2 pp |
| 2005 | 61.1 | −1.2 pp |
| 2004 | 62.3 | +1 pp |
| 2003 | 61.3 | −0.1 pp |
| 2002 | 61.4 | −0.9 pp |
| 2001 | 62.3 | −0.7 pp |
| 2000 | 63 | −2.7 pp |
| 1999 | 65.8 | +1.3 pp |
| 1998 | 64.5 | −3.3 pp |
| 1997 | 67.8 | −0.9 pp |
| 1996 | 68.7 | +2.3 pp |
| 1995 | 66.4 | −10.3 pp |
| 1994 | 76.6 | — |
The same indicator for neighboring countries — with links to their pages
Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much money the residents of a country spend in a year on goods and services for themselves.
Economy Gross capital formation (% of GDP)Investment in fixed assets and inventories as a percent of GDP — the base of future growth.
Economy Government consumption (% of GDP)The share of GDP taken by government final consumption spending.
Economy GDPGross domestic product in current US dollars — the size of a country's economy.
Economy GDP per capitaGDP divided by the population, in current US dollars.
Economy GDP growthThe annual growth rate of GDP in constant prices — with inflation stripped out.
