Latvia - Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Latvia was 22,567,700,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 23,736,170,000 in 2019 and a minimum value of 3,615,920,000 in 1995.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 3,615,920,000
1996 4,213,076,000
1997 4,747,579,000
1998 5,198,502,000
1999 5,502,525,000
2000 5,733,823,000
2001 6,162,236,000
2002 6,914,162,000
2003 7,915,674,000
2004 9,121,724,000
2005 10,821,930,000
2006 13,896,200,000
2007 17,586,700,000
2008 18,975,890,000
2009 15,106,500,000
2010 14,779,700,000
2011 15,846,890,000
2012 17,064,310,000
2013 18,205,340,000
2014 18,676,780,000
2015 19,157,630,000
2016 19,916,400,000
2017 21,214,970,000
2018 22,574,510,000
2019 23,736,170,000
2020 22,567,700,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts