Latvia: Household consumption, in dollars

* indicates monthly or quarterly data series
 Latvia

Household consumption, billion USD

 Latest value 24.43
 Year 2022
 Measure billion U.S. dollars
 Data availability 1995 - 2022
 Average 13.56
 Min - Max 3.79 - 24.43
 Source The World Bank
For that indicator, we provide data for Latvia from 1995 to 2022. The average value for Latvia during that period was 13.56 billion U.S. dollars with a minimum of 3.79 billion U.S. dollars in 1995 and a maximum of 24.43 billion U.S. dollars in 2022. The latest value from 2022 is 24.43 billion U.S. dollars. For comparison, the world average in 2022 based on 141 countries is 258.65 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Latvia - Household consumption, in dollars - recent values

Historical chart
Latvia - Household consumption, in dollars - historical chart - 1995-2022




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 in current U.S. dollars.


 Related indicators Latest value Reference Measure
 Capital investment, percent of GDP 26.14 2022 percent
 Capital investment, in dollars 10.70 2022 billion U.S. dollars
 Household consumption, percent of GDP 59.68 2022 percent
 Household consumption, in dollars 24.43 2022 billion U.S. dollars
 Household consumption 6.47 Q3/2023 billion
 Consumption as percent of GDP 61.14 Q3/2023 percent
 Consumption growth 5.28 Q3/2023 percent
 Investment 2.69 Q3/2023 billion
 Investment as percent of GDP 25.43 Q3/2023 percent
 Investment growth 9.02 Q3/2023 percent
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