Annual household final consumption expenditure on the territory and in Latvia

Latvia: Annual household final consumption expenditure on the territory and was 140.16 Index in 2024. ▲ Rising

Latest (2024)
140.16 Index
Change on year
up 6.0%
World rank
1st
of 5 countries
All-time high
140.16 Index
in 2024
All-time low
32.67 Index
in 1995
Years of data
30
1995–2024

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

2550751001251501995200920241995: 32.7 Index1996: 38 Index1997: 41.1 Index1998: 42.5 Index1999: 43.5 Index2000: 44.3 Index2001: 45 Index2002: 45.5 Index2003: 47.1 Index2004: 50.3 Index2005: 53.9 Index2006: 60.8 Index2007: 66.8 Index2008: 77.8 Index2009: 81.5 Index2010: 81.6 Index2011: 84.9 Index2012: 87 Index2013: 87 Index2014: 78.8 Index2015: 78.8 Index2016: 81 Index2017: 84.1 Index2018: 87.8 Index2019: 93.9 Index2020: 100 Index2021: 108.6 Index2022: 124.8 Index2023: 132.2 Index2024: 140.2 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 140.16 Index, measured in 2024. That is the highest value across all 30 years on record.

That represents a change of up 6.0% on the previous year and up 77.9% over ten years.

Over the whole period, annual household final consumption expenditure on the territory and in Latvia peaked at 140.16 Index in 2024 and was at its lowest, 32.67 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) — Direct purchases abroad by residents in Latvia, 1995 to 2024.
Year Index Change
1995 32.67 Index
1996 38.05 Index +16.5%
1997 41.06 Index +7.9%
1998 42.53 Index +3.6%
1999 43.51 Index +2.3%
2000 44.31 Index +1.8%
2001 45.03 Index +1.6%
2002 45.46 Index +1.0%
2003 47.15 Index +3.7%
2004 50.29 Index +6.7%
2005 53.86 Index +7.1%
2006 60.79 Index +12.9%
2007 66.75 Index +9.8%
2008 77.79 Index +16.5%
2009 81.52 Index +4.8%
2010 81.64 Index +0.1%
2011 84.88 Index +4.0%
2012 87.02 Index +2.5%
2013 87.03 Index +0.0%
2014 78.79 Index -9.5%
2015 78.78 Index -0.0%
2016 81.03 Index +2.9%
2017 84.08 Index +3.8%
2018 87.78 Index +4.4%
2019 93.93 Index +7.0%
2020 100 Index +6.5%
2021 108.61 Index +8.6%
2022 124.77 Index +14.9%
2023 132.24 Index +6.0%
2024 140.16 Index +6.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 39.56 Index 32.67 Index 43.51 Index 5
2000s 57.3 Index 44.31 Index 81.52 Index 10
2010s 84.5 Index 78.78 Index 93.93 Index 10
2020s 121.16 Index 100 Index 140.16 Index 5

Countries ranked near Latvia

  1. 1 Japan 158.59 Index compare
  2. 2 Netherlands 136 Index compare
  3. 2 Bulgaria 156.54 Index compare
  4. 3 Slovenia 134.16 Index compare
  5. 3 Croatia 116.11 Index compare
  6. 3 Israel 133.01 Index compare
  7. 4 Germany 127.17 Index compare
  8. 4 Poland 122.63 Index compare

See the full ranking of 27 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 140.16 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 140.16 Index in 2024.
What is the lowest annual household final consumption expenditure on the territory and recorded in Latvia?
The lowest recorded value was 32.67 Index in 1995.
How does Latvia rank for annual household final consumption expenditure on the territory and?
Latvia ranks 1st out of 5 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 77.9%. 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) — Direct purchases abroad by residents. 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-2018-3/latvia-2/

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About this data

Indicator
Annual household final consumption expenditure on the territory and abroad (COICOP 2018) — Direct purchases abroad by residents
Unit
Index
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
27 places, 913 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