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