Latvia - Final consumption expenditure
Final consumption expenditure (current US$)
The latest value for Final consumption expenditure (current US$) in Latvia was $25,776,740,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $27,738,480,000 in 2008 and $5,156,760,000 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 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | $5,156,760,000 |
| 1996 | $5,376,565,000 |
| 1997 | $5,743,502,000 |
| 1998 | $6,193,854,000 |
| 1999 | $6,608,846,000 |
| 2000 | $6,644,059,000 |
| 2001 | $6,897,510,000 |
| 2002 | $7,860,575,000 |
| 2003 | $9,735,179,000 |
| 2004 | $11,866,430,000 |
| 2005 | $13,468,490,000 |
| 2006 | $17,426,890,000 |
| 2007 | $24,055,130,000 |
| 2008 | $27,738,480,000 |
| 2009 | $20,998,750,000 |
| 2010 | $19,574,590,000 |
| 2011 | $22,029,290,000 |
| 2012 | $21,925,280,000 |
| 2013 | $24,171,970,000 |
| 2014 | $24,812,110,000 |
| 2015 | $21,255,630,000 |
| 2016 | $22,045,520,000 |
| 2017 | $23,966,150,000 |
| 2018 | $26,659,470,000 |
| 2019 | $26,572,030,000 |
| 2020 | $25,776,740,000 |
Final consumption expenditure (current LCU)
The value for Final consumption expenditure (current LCU) in Latvia was 22,567,700,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 23,736,170,000 in 2019 and a minimum value of 3,615,920,000 in 1995.
Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 3,615,920,000 |
| 1996 | 4,213,076,000 |
| 1997 | 4,747,579,000 |
| 1998 | 5,198,502,000 |
| 1999 | 5,502,525,000 |
| 2000 | 5,733,823,000 |
| 2001 | 6,162,236,000 |
| 2002 | 6,914,162,000 |
| 2003 | 7,915,674,000 |
| 2004 | 9,121,724,000 |
| 2005 | 10,821,930,000 |
| 2006 | 13,896,200,000 |
| 2007 | 17,586,700,000 |
| 2008 | 18,975,890,000 |
| 2009 | 15,106,500,000 |
| 2010 | 14,779,700,000 |
| 2011 | 15,846,890,000 |
| 2012 | 17,064,310,000 |
| 2013 | 18,205,340,000 |
| 2014 | 18,676,780,000 |
| 2015 | 19,157,630,000 |
| 2016 | 19,916,400,000 |
| 2017 | 21,214,970,000 |
| 2018 | 22,574,510,000 |
| 2019 | 23,736,170,000 |
| 2020 | 22,567,700,000 |
Final consumption expenditure (constant 2010 US$)
The latest value for Final consumption expenditure (constant 2010 US$) in Latvia was 22,226,730,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 23,402,010,000 in 2019 and 11,295,560,000 in 1995.
Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | 11,295,560,000 |
| 1996 | 11,595,630,000 |
| 1997 | 12,174,910,000 |
| 1998 | 12,613,170,000 |
| 1999 | 12,943,430,000 |
| 2000 | 13,042,170,000 |
| 2001 | 13,694,930,000 |
| 2002 | 14,468,850,000 |
| 2003 | 15,491,170,000 |
| 2004 | 16,769,630,000 |
| 2005 | 18,237,620,000 |
| 2006 | 21,086,620,000 |
| 2007 | 23,101,350,000 |
| 2008 | 21,734,160,000 |
| 2009 | 18,633,820,000 |
| 2010 | 18,571,400,000 |
| 2011 | 18,638,500,000 |
| 2012 | 19,473,590,000 |
| 2013 | 20,521,290,000 |
| 2014 | 20,796,580,000 |
| 2015 | 21,255,630,000 |
| 2016 | 21,915,970,000 |
| 2017 | 22,579,710,000 |
| 2018 | 23,186,440,000 |
| 2019 | 23,402,010,000 |
| 2020 | 22,226,730,000 |
Final consumption expenditure (annual % growth)
The value for Final consumption expenditure (annual % growth) in Latvia was -5.02 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 15.62 in 2006 and a minimum value of -14.26 in 2009.
Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1996 | 2.66 |
| 1997 | 5.00 |
| 1998 | 3.60 |
| 1999 | 2.62 |
| 2000 | 0.76 |
| 2001 | 5.00 |
| 2002 | 5.65 |
| 2003 | 7.07 |
| 2004 | 8.25 |
| 2005 | 8.75 |
| 2006 | 15.62 |
| 2007 | 9.55 |
| 2008 | -5.92 |
| 2009 | -14.26 |
| 2010 | -0.34 |
| 2011 | 0.36 |
| 2012 | 4.48 |
| 2013 | 5.38 |
| 2014 | 1.34 |
| 2015 | 2.21 |
| 2016 | 3.11 |
| 2017 | 3.03 |
| 2018 | 2.69 |
| 2019 | 0.93 |
| 2020 | -5.02 |
Final consumption expenditure (constant LCU)
The value for Final consumption expenditure (constant LCU) in Latvia was 20,032,870,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 21,092,150,000 in 2019 and a minimum value of 10,180,650,000 in 1995.
Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 10,180,650,000 |
| 1996 | 10,451,100,000 |
| 1997 | 10,973,210,000 |
| 1998 | 11,368,200,000 |
| 1999 | 11,665,860,000 |
| 2000 | 11,754,860,000 |
| 2001 | 12,343,190,000 |
| 2002 | 13,040,720,000 |
| 2003 | 13,962,140,000 |
| 2004 | 15,114,410,000 |
| 2005 | 16,437,510,000 |
| 2006 | 19,005,300,000 |
| 2007 | 20,821,160,000 |
| 2008 | 19,588,920,000 |
| 2009 | 16,794,600,000 |
| 2010 | 16,738,330,000 |
| 2011 | 16,798,810,000 |
| 2012 | 17,551,470,000 |
| 2013 | 18,495,770,000 |
| 2014 | 18,743,880,000 |
| 2015 | 19,157,630,000 |
| 2016 | 19,752,780,000 |
| 2017 | 20,351,020,000 |
| 2018 | 20,897,860,000 |
| 2019 | 21,092,150,000 |
| 2020 | 20,032,870,000 |
Final consumption expenditure (% of GDP)
Final consumption expenditure (% of GDP) in Latvia was 76.47 as of 2020. Its highest value over the past 25 years was 89.98 in 1996, while its lowest value was 76.47 in 2020.
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). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | 89.08 |
| 1996 | 89.98 |
| 1997 | 87.98 |
| 1998 | 86.43 |
| 1999 | 87.72 |
| 2000 | 83.48 |
| 2001 | 82.48 |
| 2002 | 82.25 |
| 2003 | 82.70 |
| 2004 | 82.20 |
| 2005 | 79.21 |
| 2006 | 80.79 |
| 2007 | 77.46 |
| 2008 | 77.36 |
| 2009 | 79.51 |
| 2010 | 81.71 |
| 2011 | 80.18 |
| 2012 | 77.83 |
| 2013 | 80.03 |
| 2014 | 79.05 |
| 2015 | 77.96 |
| 2016 | 78.50 |
| 2017 | 78.62 |
| 2018 | 77.43 |
| 2019 | 77.45 |
| 2020 | 76.47 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
