Annual household final consumption expenditure of durable goods and in Latvia
Latvia: Annual household final consumption expenditure of durable goods and was 126.35 Index in 2023. ▲ Rising
Annual household final consumption expenditure of durable goods and in Latvia, 1995–2023
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
In 2023, annual household final consumption expenditure of durable goods and in Latvia stood at 126.35 Index. That is the highest value across all 29 years on record.
The figure is up 7.8% on the previous year and up 53.2% over ten years.
Over the whole period, annual household final consumption expenditure of durable goods and in Latvia peaked at 126.35 Index in 2023 and was at its lowest, 24.61 Index, in 1995.
The long-run direction has been consistently rising across the 29 years of available data.
Annual household final consumption expenditure of durable goods and in Latvia, year by year
| Year | Index | Change |
|---|---|---|
| 1995 | 24.61 Index | — |
| 1996 | 27.68 Index | +12.5% |
| 1997 | 30.77 Index | +11.2% |
| 1998 | 33.65 Index | +9.4% |
| 1999 | 35.19 Index | +4.6% |
| 2000 | 36.78 Index | +4.5% |
| 2001 | 37.56 Index | +2.1% |
| 2002 | 42.12 Index | +12.1% |
| 2003 | 45.68 Index | +8.5% |
| 2004 | 48.66 Index | +6.5% |
| 2005 | 55.46 Index | +14.0% |
| 2006 | 65.4 Index | +17.9% |
| 2007 | 76.2 Index | +16.5% |
| 2008 | 85.04 Index | +11.6% |
| 2009 | 74.99 Index | -11.8% |
| 2010 | 71.96 Index | -4.0% |
| 2011 | 77.25 Index | +7.4% |
| 2012 | 81.28 Index | +5.2% |
| 2013 | 82.48 Index | +1.5% |
| 2014 | 85.66 Index | +3.9% |
| 2015 | 85.37 Index | -0.3% |
| 2016 | 87.76 Index | +2.8% |
| 2017 | 91.38 Index | +4.1% |
| 2018 | 94.83 Index | +3.8% |
| 2019 | 98.18 Index | +3.5% |
| 2020 | 100 Index | +1.9% |
| 2021 | 104.18 Index | +4.2% |
| 2022 | 117.22 Index | +12.5% |
| 2023 | 126.35 Index | +7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.38 Index | 24.61 Index | 35.19 Index | 5 |
| 2000s | 56.79 Index | 36.78 Index | 85.04 Index | 10 |
| 2010s | 85.61 Index | 71.96 Index | 98.18 Index | 10 |
| 2020s | 111.94 Index | 100 Index | 126.35 Index | 4 |
Countries ranked near Latvia
- 2 Czechia 140.41 Index compare
- 2 Lithuania 148.01 Index compare
- 2 Croatia 135.31 Index compare
- 3 Poland 140.61 Index compare
- 3 Iceland 135.32 Index compare
- 4 Estonia 130.01 Index compare
- 4 Romania 132.03 Index compare
- 5 Chile 131.99 Index compare
- 6 Slovenia 120.98 Index compare
- 6 Colombia 131.39 Index compare
- 7 Netherlands 116.9 Index compare
- 7 United Kingdom of Great Britain and Northern Ireland 130.39 Index compare
- 8 Bulgaria 123.1 Index compare
More population data for Latvia
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 1,434 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.9921 Percent per annum (2030)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates -0.9922 % change on previous year (2030)
- Population on 1 January by age group, sex and NUTS 2 region 1.86 million Number (2025)
- Population on 1 January by age, sex and NUTS 2 region 1.86 million Number (2025)
- Animal populations by NUTS 2 region 350.46 Thousand heads (animals) (2025)
- Live births (total) by NUTS 3 region 12,887 Number (2024)
- Population density by NUTS 3 region 30 Persons per square kilometre (2024)
- Population on 1 January by broad age group, sex and NUTS 3 region 1.86 million Number (2025)
- Live births by mother's age and NUTS 2 region 12,887 Number (2024)
Frequently asked questions
- What is annual household final consumption expenditure of durable goods and in Latvia?
- Annual household final consumption expenditure of durable goods and in Latvia was 126.35 Index in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest annual household final consumption expenditure of durable goods and recorded in Latvia?
- The highest recorded value was 126.35 Index in 2023.
- What is the lowest annual household final consumption expenditure of durable goods and recorded in Latvia?
- The lowest recorded value was 24.61 Index in 1995.
- How does Latvia rank for annual household final consumption expenditure of durable goods and?
- Latvia ranks 5th out of 7 countries with data for 2023.
- Is annual household final consumption expenditure of durable goods and rising or falling in Latvia?
- Over the last ten years it is up 53.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual household final consumption expenditure of durable goods and other goods and services — Final consumption expenditure of services. Statizoid updates them automatically from the source API.
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About this data
This table shows breakdowns of household final consumption expenditure on durable goods, semi-durable goods, non-durable goods, and services. Durable goods are defined as goods that can be used repeatedly or continuously over a period of considerably more than one year and have a substantially higher purchasers’ price than semi-durable goods and non-durable goods. Non-durable goods can only be used once or have a lifetime of considerably less than one year. Semi-durable goods differ from non-durable goods in that they can be used repeatedly or continuously over a period longer than a year and they differ from durable goods in that their expected lifetime of use, though longer than a year, is often significantly shorter and their purchasers’ price is substantially less. For countries for which data on Annual household final consumption expenditure are already available according to the COICOP 2018 classification, statistics can be found in dataset: Annual household final consumption expenditure of durable goods and other goods and services (COICOP 2018) Data is presented for each country in national currency as well as in euros for the European Union and the euro area. The information is presented in current prices, but users can select chain linked volumes and previous year prices using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE5 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org