Latvia - Household final consumption expenditure, PPP (constant 2011 international $)

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Latvia was 25,169,460,000 as of 2016. Over the past 22 years, the value for this indicator has fluctuated between 26,433,640,000 in 2007 and 11,583,970,000 in 1995.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2011 international dollars using purchasing power parity rates.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1994 11,798,130,000
1995 11,583,970,000
1996 12,178,870,000
1997 12,813,870,000
1998 12,929,990,000
1999 13,402,960,000
2000 13,716,360,000
2001 14,412,360,000
2002 15,295,530,000
2003 16,527,940,000
2004 18,258,450,000
2005 20,089,080,000
2006 23,984,930,000
2007 26,433,640,000
2008 24,351,250,000
2009 20,444,020,000
2010 21,018,080,000
2011 21,640,610,000
2012 22,321,650,000
2013 23,449,450,000
2014 23,772,790,000
2015 24,367,850,000
2016 25,169,460,000

Aggregation method: Gap-filled total

Base Period: 2011

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity