Data / Household final consumption expenditure, share of GDP / Latvia

Household final consumption expenditure, share of GDP in Latvia

Household final consumption expenditure, share of GDP in Latvia was 57.6% of GDP in 2025, according to the World Bank. That is down 0.8 pts from 2024. That is the 7th highest of 27 EU countries in 2025.

2025, % of GDP57.6
Change on 2024-0.8 pts
Rank7th of 27EU countries ranked
Series high76.61994
Series low55.42020

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Household final consumption expenditure, share of GDP in Latvia, 1994 to 2025

55606570758019941999200420092014201920251994: 76.6 % of GDP1995: 66.4 % of GDP1996: 68.7 % of GDP1997: 67.8 % of GDP1998: 64.5 % of GDP1999: 65.8 % of GDP2000: 63 % of GDP2001: 62.3 % of GDP2002: 61.4 % of GDP2003: 61.3 % of GDP2004: 62.3 % of GDP2005: 61.1 % of GDP2006: 63.1 % of GDP2007: 59 % of GDP2008: 56.5 % of GDP2009: 59.3 % of GDP2010: 62.7 % of GDP2011: 60.9 % of GDP2012: 59.7 % of GDP2013: 61.4 % of GDP2014: 60.1 % of GDP2015: 58.9 % of GDP2016: 59.7 % of GDP2017: 59.4 % of GDP2018: 58.4 % of GDP2019: 57.4 % of GDP2020: 55.4 % of GDP2021: 55.6 % of GDP2022: 59.5 % of GDP2023: 58 % of GDP2024: 58.4 % of GDP2025: 57.6 % of GDP5060708019942005201620251994: 76.6 % of GDP1995: 66.4 % of GDP1996: 68.7 % of GDP1997: 67.8 % of GDP1998: 64.5 % of GDP1999: 65.8 % of GDP2000: 63 % of GDP2001: 62.3 % of GDP2002: 61.4 % of GDP2003: 61.3 % of GDP2004: 62.3 % of GDP2005: 61.1 % of GDP2006: 63.1 % of GDP2007: 59 % of GDP2008: 56.5 % of GDP2009: 59.3 % of GDP2010: 62.7 % of GDP2011: 60.9 % of GDP2012: 59.7 % of GDP2013: 61.4 % of GDP2014: 60.1 % of GDP2015: 58.9 % of GDP2016: 59.7 % of GDP2017: 59.4 % of GDP2018: 58.4 % of GDP2019: 57.4 % of GDP2020: 55.4 % of GDP2021: 55.6 % of GDP2022: 59.5 % of GDP2023: 58 % of GDP2024: 58.4 % of GDP2025: 57.6 % of GDP
% of GDP. Source: World Bank, Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS). Retrieved 2026-10-18, published 2026-10-08.
All 32 values
Period% of GDP
202557.6
202458.4
202358
202259.5
202155.6
202055.4
201957.4
201858.4
201759.4
201659.7
201558.9
201460.1
201361.4
201259.7
201160.9
201062.7
200959.3
200856.5
200759
200663.1
200561.1
200462.3
200361.3
200261.4
200162.3
200063
199965.8
199864.5
199767.8
199668.7
199566.4
199476.6

Latvia compared with nearby places

Austria: 51.8 % of GDPBelgium: 52.3 % of GDPBulgaria: 58.5 % of GDPCyprus: 56.6 % of GDPCzechia: 47.4 % of GDPGermany: 53.2 % of GDPDenmark: 43.6 % of GDPEstonia: 52.7 % of GDPSpain: 55.6 % of GDPFinland: 50.8 % of GDPFrance: 54.1 % of GDPGreece: 69 % of GDPCroatia: 56.2 % of GDPHungary: 52.5 % of GDPIreland: 25.2 % of GDPItaly: 57.6 % of GDPLithuania: 54.6 % of GDPLuxembourg: 33.5 % of GDPLatvia: 57.6 % of GDPMalta: 44.6 % of GDPNetherlands: 43.1 % of GDPPoland: 57.9 % of GDPPortugal: 61 % of GDPRomania: 62 % of GDPSweden: 46 % of GDPSlovenia: 51.4 % of GDPSlovakia: 58.7 % of GDP
  • Under 46
  • 46 to 52
  • 52 to 55
  • 55 to 58
  • 58 and over
Household final consumption expenditure, share of GDP, 2025, % of GDP. Latvia is outlined. Same source and period for every area shown. Source: World Bank. Boundaries: Natural Earth (public domain).

Rankings

Definition

Spending on goods and services by households and non-profit institutions serving households, as a percentage of GDP. World Bank national accounts data, compiled from national statistical offices and central banks and from OECD national accounts files.

Current prices, so the share moves with relative prices as well as volumes. Countries that rebase their national accounts can shift it by several points. The latest year varies by country.

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How to cite

World Bank, World Development Indicators. Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS). https://data.worldbank.org/indicator/NE.CON.PRVT.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2026). Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS) (Household final consumption expenditure, share of GDP, Latvia, 1994 to 2025) [Data set]. Retrieved October 18, 2026, from https://data.worldbank.org/indicator/NE.CON.PRVT.ZS

MLA 9

Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS), Household final consumption expenditure, share of GDP, Latvia, 1994 to 2025. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/NE.CON.PRVT.ZS. Invokely, https://invokely.ai/en/household-consumption-gdp/latvia. Accessed 18 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS). Household final consumption expenditure, share of GDP, Latvia, 1994 to 2025. Dataset. Accessed October 18, 2026. https://data.worldbank.org/indicator/NE.CON.PRVT.ZS. Also distributed by Invokely, https://invokely.ai/en/household-consumption-gdp/latvia.

Harvard

World Bank (2026) Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS), Household final consumption expenditure, share of GDP, Latvia, 1994 to 2025 [Dataset]. Available at: https://data.worldbank.org/indicator/NE.CON.PRVT.ZS, via Invokely: https://invokely.ai/en/household-consumption-gdp/latvia (Accessed: 18 October 2026).

BibTeX
@misc{world_household_final_consumption_expenditure_2025,
  author = {{World Bank}},
  title = {{Households and NPISHs final consumption expenditure (\% of GDP) (NE.CON.PRVT.ZS): Household final consumption expenditure, share of GDP, Latvia, 1994 to 2025}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/NE.CON.PRVT.ZS},
  urldate = {2026-10-18},
  note = {Accessed via Invokely, https://invokely.ai/en/household-consumption-gdp/latvia. Publisher attribution: World Bank, World Development Indicators. Households and NPISHs final consumption expenditure (\% of GDP) (NE.CON.PRVT.ZS). https://data.worldbank.org/indicator/NE.CON.PRVT.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.},
}
RIS
TY  - DATA
AU  - World Bank
TI  - Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS): Household final consumption expenditure, share of GDP, Latvia, 1994 to 2025
PY  - 2026
DA  - 2026/10/08
PB  - World Bank
DB  - Invokely
UR  - https://data.worldbank.org/indicator/NE.CON.PRVT.ZS
L2  - https://invokely.ai/en/household-consumption-gdp/latvia
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/en/household-consumption-gdp/latvia.
N1  - Publisher attribution: World Bank, World Development Indicators. Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS). https://data.worldbank.org/indicator/NE.CON.PRVT.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.
ER  -
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Questions

What is the household final consumption expenditure, share of GDP in Latvia?

Household final consumption expenditure, share of GDP in Latvia was 57.6% of GDP in 2025, according to the World Bank. That is down 0.8 pts from 2024. That is the 7th highest of 27 EU countries in 2025.

Where does this figure come from?

World Bank. Households and NPISHs final consumption expenditure (% of GDP) (NE.CON.PRVT.ZS). Retrieved by Invokely on 2026-10-18.

What was the highest household final consumption expenditure, share of GDP in Latvia?

76.6% of GDP in 1994, the highest value since 1994 in this series.

Household final consumption expenditure, share of GDP elsewhere in European Union (27)

Related statistics for Latvia

All statistics for Latvia | Latvia in figures