Annual household final consumption expenditure on the territory and in Latvia

Latvia: Annual household final consumption expenditure on the territory and was 130.35 Index in 2024. ▲ Rising

Latest (2024)
130.35 Index
Change on year
up 3.5%
World rank
4th
of 6 countries
All-time high
130.35 Index
in 2024
All-time low
36.09 Index
in 1995
Years of data
30
1995–2024

Annual household final consumption expenditure on the territory and in Latvia, 1995–2024

4060801001201401995200920241995: 36.1 Index1996: 41.1 Index1997: 44.2 Index1998: 46.4 Index1999: 47.8 Index2000: 49.2 Index2001: 50.5 Index2002: 51.7 Index2003: 53.8 Index2004: 57.5 Index2005: 62.4 Index2006: 66.8 Index2007: 73.7 Index2008: 84.4 Index2009: 86.5 Index2010: 84.5 Index2011: 88 Index2012: 90 Index2013: 90.2 Index2014: 90.9 Index2015: 90.9 Index2016: 91.6 Index2017: 94.2 Index2018: 96.7 Index2019: 99.9 Index2020: 100 Index2021: 102.7 Index2022: 116.8 Index2023: 126 Index2024: 130.3 Index

Source: Organisation for Economic Co-operation and Development. Measured in Index.

Analysis

The most recent figure for annual household final consumption expenditure on the territory and in Latvia is 130.35 Index, measured in 2024. That is the highest value across all 30 years on record.

That represents a change of up 3.5% on the previous year and up 43.4% over ten years.

Over the whole period, annual household final consumption expenditure on the territory and in Latvia peaked at 130.35 Index in 2024 and was at its lowest, 36.09 Index, in 1995.

The long-run direction has been consistently rising across the 30 years of available data.

Annual household final consumption expenditure on the territory and in Latvia, year by year

Annual values for Annual household final consumption expenditure on the territory and abroad (COICOP 2018) — Final consumption expenditure of residents on the territory and abroad in Latvia, 1995 to 2024.
Year Index Change
1995 36.09 Index
1996 41.07 Index +13.8%
1997 44.2 Index +7.6%
1998 46.41 Index +5.0%
1999 47.82 Index +3.0%
2000 49.21 Index +2.9%
2001 50.47 Index +2.6%
2002 51.71 Index +2.5%
2003 53.75 Index +3.9%
2004 57.46 Index +6.9%
2005 62.36 Index +8.5%
2006 66.75 Index +7.0%
2007 73.65 Index +10.3%
2008 84.37 Index +14.6%
2009 86.53 Index +2.6%
2010 84.48 Index -2.4%
2011 88.02 Index +4.2%
2012 90.03 Index +2.3%
2013 90.2 Index +0.2%
2014 90.87 Index +0.7%
2015 90.93 Index +0.1%
2016 91.56 Index +0.7%
2017 94.19 Index +2.9%
2018 96.69 Index +2.7%
2019 99.87 Index +3.3%
2020 100 Index +0.1%
2021 102.73 Index +2.7%
2022 116.85 Index +13.7%
2023 125.96 Index +7.8%
2024 130.35 Index +3.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 43.12 Index 36.09 Index 47.82 Index 5
2000s 63.63 Index 49.21 Index 86.53 Index 10
2010s 91.68 Index 84.48 Index 99.87 Index 10
2020s 115.18 Index 100 Index 130.35 Index 5

Countries ranked near Latvia

  1. 1 Hungary 147 Index compare
  2. 1 Türkiye 566.4 Index compare
  3. 2 Bulgaria 139.71 Index compare
  4. 2 Croatia 127.32 Index compare
  5. 2 Poland 136.31 Index compare
  6. 3 Estonia 133.07 Index compare
  7. 3 Romania 138.19 Index compare
  8. 4 Czechia 138 Index compare
  9. 5 Belgium 122.96 Index compare
  10. 5 Netherlands 126.7 Index compare
  11. 6 Austria 122.38 Index compare
  12. 6 Slovenia 124.52 Index compare
  13. 7 Germany 120.62 Index compare

See the full ranking of 28 places →

More population data for Latvia

All data for Latvia →

Frequently asked questions

What is annual household final consumption expenditure on the territory and in Latvia?
Annual household final consumption expenditure on the territory and in Latvia was 130.35 Index in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest annual household final consumption expenditure on the territory and recorded in Latvia?
The highest recorded value was 130.35 Index in 2024.
What is the lowest annual household final consumption expenditure on the territory and recorded in Latvia?
The lowest recorded value was 36.09 Index in 1995.
How does Latvia rank for annual household final consumption expenditure on the territory and?
Latvia ranks 4th out of 6 countries with data for 2024.
Is annual household final consumption expenditure on the territory and rising or falling in Latvia?
Over the last ten years it is up 43.4%. 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 on the territory and abroad (COICOP 2018) — Final consumption expenditure of residents on the territory and abroad. Statizoid updates them automatically from the source API.

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Annual household final consumption expenditure on the territory and in Latvia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 04 September 2026, from https://population.statizoid.com/stat/annual-household-final-consumption-expenditure-on-the-territory-and-abroad-coicop-2018-2/latvia-2/

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About this data

Indicator
Annual household final consumption expenditure on the territory and abroad (COICOP 2018) — Final consumption expenditure of residents on the territory and abroad
Unit
Index
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
28 places, 929 data points, 1959–2025
Last refreshed

This table presents the final consumption expenditure of households broken down by where it takes place. It looks at residents’ purchases abroad and non-residents’ purchases in the domestic economy; and it presents totals for all consumption by the country’s residents (whether at home or abroad) and all consumption at home, whether by residents or non-residents. 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