Household consumption — all countries

Household consumption — Latvia

Household consumption in Latvia in 2025 — 28,013,518,174 US$. Ranked 81 in the world out of 131. Since 1995, the indicator has risen by 652.4%.

2025 28.01B US$ +8.99% vs 2024
World rank 81of 131
Period maximum 28.01B US$2025
Period minimum 3.72B US$1995

Trend over time

1995–2025 · US$

Household consumption — Latvia, 1995–2025010B20B30B199519982001200420072010201320162019202220251995: 3,723,298,631 US$1996: 3,981,657,734 US$1997: 4,304,471,328 US$1998: 4,495,005,362 US$1999: 4,817,727,600 US$2000: 4,892,154,114 US$2001: 5,101,842,400 US$2002: 5,675,740,109 US$2003: 6,889,297,749 US$2004: 8,614,731,365 US$2005: 9,961,199,751 US$2006: 12,887,989,717 US$2007: 17,343,679,387 US$2008: 19,274,299,079 US$2009: 15,231,034,195 US$2010: 14,704,009,305 US$2011: 16,177,928,696 US$2012: 16,195,136,356 US$2013: 17,897,994,640 US$2014: 18,211,011,698 US$2015: 15,506,713,039 US$2016: 16,186,349,375 US$2017: 17,468,221,623 US$2018: 19,423,842,595 US$2019: 18,999,589,282 US$2020: 18,505,078,953 US$2021: 21,248,688,990 US$2022: 22,614,187,912 US$2023: 24,799,183,588 US$2024: 25,702,084,302 US$2025: 28,013,518,174 US$
Change over the period: +24.29B (+652.38%) Average annual rate: 6.96 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Latvia

Latvia 28.01B US$
Northern Europe computed 3.62T US$
Household consumption — Latvia, by year Latvia All countries CSV XLSX
Year US$ Change Change, %
2025 28.01B +2.31B +8.99%
2024 25.7B +903M +3.64%
2023 24.8B +2.18B +9.66%
2022 22.61B +1.37B +6.43%
2021 21.25B +2.74B +14.83%
2020 18.51B −495M −2.6%
2019 19B −424M −2.18%
2018 19.42B +1.96B +11.2%
2017 17.47B +1.28B +7.92%
2016 16.19B +680M +4.38%
2015 15.51B −2.7B −14.85%
2014 18.21B +313M +1.75%
2013 17.9B +1.7B +10.51%
2012 16.2B +17.21M +0.11%
2011 16.18B +1.47B +10.02%
2010 14.7B −527M −3.46%
2009 15.23B −4.04B −20.98%
2008 19.27B +1.93B +11.13%
2007 17.34B +4.46B +34.57%
2006 12.89B +2.93B +29.38%
2005 9.96B +1.35B +15.63%
2004 8.61B +1.73B +25.05%
2003 6.89B +1.21B +21.38%
2002 5.68B +574M +11.25%
2001 5.1B +210M +4.29%
2000 4.89B +74.43M +1.54%
1999 4.82B +323M +7.18%
1998 4.5B +191M +4.43%
1997 4.3B +323M +8.11%
1996 3.98B +258M +6.94%
1995 3.72B

About the indicator

Household final consumption expenditure in current US dollars — everything people buy for themselves, from food and housing to services. This is the largest part of GDP in almost any country, usually between half and three quarters, and in absolute terms it sets the size of the consumer market. For gauging the capacity of a market the indicator is more useful than GDP: it includes neither government spending nor investment nor exports.

Important: It includes the imputed value of living in owner-occupied housing and other imputed services — computed quantities that statistical offices estimate unevenly.

Source: World Development Indicators (World Bank), license CC BY 4.0.