Latvia - 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

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts