Latvia - Gross national expenditure (constant LCU)
The value for Gross national expenditure (constant LCU) in Latvia was 28,086,700,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 31,277,050,000 in 2007 and a minimum value of 11,689,170,000 in 1995.
Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
Year | Value |
---|---|
1995 | 11,689,170,000 |
1996 | 12,373,570,000 |
1997 | 13,040,240,000 |
1998 | 14,364,720,000 |
1999 | 14,698,990,000 |
2000 | 14,946,610,000 |
2001 | 16,294,140,000 |
2002 | 17,250,330,000 |
2003 | 19,182,510,000 |
2004 | 21,478,130,000 |
2005 | 23,497,230,000 |
2006 | 27,851,660,000 |
2007 | 31,277,050,000 |
2008 | 28,553,930,000 |
2009 | 22,153,400,000 |
2010 | 21,091,060,000 |
2011 | 22,895,530,000 |
2012 | 23,935,830,000 |
2013 | 24,261,180,000 |
2014 | 24,262,220,000 |
2015 | 24,995,630,000 |
2016 | 25,536,730,000 |
2017 | 26,736,800,000 |
2018 | 28,191,600,000 |
2019 | 29,122,770,000 |
2020 | 28,086,700,000 |
Base Period: varies by country
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts