Household final consumption expenditure by purpose (COICOP 2018) in Latvia
Latvia: Household final consumption expenditure by purpose (COICOP 2018) was 112.14 in 2024. ▲ Rising
Latest (2024)
112.14
Change on year
up 0.6%
World rank
28th
of 41 countries
All-time high
112.83
in 2022
All-time low
44.51
in 1995
Years of data
30
1995–2024
Household final consumption expenditure by purpose in Latvia, 1995–2024
Source: Eurostat.
Analysis
The most recent figure for household final consumption expenditure by purpose in Latvia is 112.14, measured in 2024.
That represents a change of up 0.6% on the previous year and up 21.0% over ten years.
Over the whole period, household final consumption expenditure by purpose in Latvia peaked at 112.83 in 2022 and was at its lowest, 44.51, in 1995.
That places Latvia 28th out of 41 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Household final consumption expenditure by purpose (COICOP 2018) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 44.51 | — |
| 1996 | 45.3 | +1.8% |
| 1997 | 48.32 | +6.7% |
| 1998 | 48.94 | +1.3% |
| 1999 | 50.14 | +2.4% |
| 2000 | 51.43 | +2.6% |
| 2001 | 54.29 | +5.6% |
| 2002 | 58.54 | +7.8% |
| 2003 | 62.95 | +7.5% |
| 2004 | 68.82 | +9.3% |
| 2005 | 75.65 | +9.9% |
| 2006 | 91.61 | +21.1% |
| 2007 | 102.64 | +12.0% |
| 2008 | 93.9 | -8.5% |
| 2009 | 76.75 | -18.3% |
| 2010 | 80.08 | +4.3% |
| 2011 | 80.56 | +0.6% |
| 2012 | 85.43 | +6.0% |
| 2013 | 91.66 | +7.3% |
| 2014 | 92.7 | +1.1% |
| 2015 | 95.09 | +2.6% |
| 2016 | 98.48 | +3.6% |
| 2017 | 101.11 | +2.7% |
| 2018 | 105.05 | +3.9% |
| 2019 | 105.02 | -0.0% |
| 2020 | 100 | -4.8% |
| 2021 | 106.82 | +6.8% |
| 2022 | 112.83 | +5.6% |
| 2023 | 111.49 | -1.2% |
| 2024 | 112.14 | +0.6% |
Latvia compared with similar countries
- Latvia's 112.14 is below the median for Europe & Central Asia, which is 114.3, 98% of the median. (31 countries reporting)
- Latvia's 112.14 is below the median for high income countries, which is 114.28, 98% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 47.44 | 44.51 | 50.14 | 5 |
| 2000s | 73.66 | 51.43 | 102.64 | 10 |
| 2010s | 93.52 | 80.08 | 105.05 | 10 |
| 2020s | 108.66 | 100 | 112.83 | 5 |
Countries ranked near Latvia
- 25 Lithuania 113.11 compare
- 26 Netherlands 112.49 compare
- 26 Netherlands 112.49 compare
- 29 France 112.08 compare
- 30 Austria 111.7 compare
- 31 Switzerland 111.64 compare
More population data for Latvia
- Population regions with projections, annual growth rate -1.02 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -3.55 % change on previous year (2050)
- Population long run with projections, annual growth rate -1.02 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.8064 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.481 % change on previous year (2100)
- Population growth rate -1.03 (2100)
- Population density 14.87 (2100)
- Projected population under age 5 31,860 (2100)
- Population growth rate by level of development -1.03 (2100)
- Urbanization vs gdp, annual growth rate 0.2171 % change on previous year (2025)
Frequently asked questions
- What is household final consumption expenditure by purpose in Latvia?
- Household final consumption expenditure by purpose in Latvia was 112.14 in 2024, according to Eurostat.
- What is the highest household final consumption expenditure by purpose recorded in Latvia?
- The highest recorded value was 112.83 in 2022.
- What is the lowest household final consumption expenditure by purpose recorded in Latvia?
- The lowest recorded value was 44.51 in 1995.
- How does Latvia rank for household final consumption expenditure by purpose?
- Latvia ranks 28th out of 41 countries with data for 2024.
- Is household final consumption expenditure by purpose rising or falling in Latvia?
- Over the last ten years it is up 21.0%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Household final consumption expenditure by purpose (COICOP 2018). Statizoid updates them automatically from the source API.
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